Government Spending in Saudi Arabia decreased to 151611 SAR Million in the first quarter of 2019 from 195776 SAR Million in the fourth quarter of 2018. Government Spending in Saudi Arabia averaged 140721.27 SAR Million from 2008 until 2019, reaching an all time high of 212452 SAR Million in the fourth quarter of 2017 and a record low of 76217 SAR Million in the first quarter of 2008.

Government Spending in Saudi Arabia is expected to be 187645.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Saudi Arabia to stand at 199887.00 in 12 months time. In the long-term, the Saudi Arabia Government Spending is projected to trend around 210824.00 SAR Million in 2020, according to our econometric models.

Saudi Arabia Government Spending
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Saudi Arabia Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.10 17.20 103.50 1.60 percent [+]
Government Budget -9.20 -8.90 43.17 -25.27 percent of GDP [+]
Government Spending 151611.00 195776.00 212452.00 76217.00 SAR Million [+]
Government Revenues 894711.00 691505.00 1247398.00 5668.00 SAR Million [+]
Fiscal Expenditure 1030415.00 929999.00 1109903.00 6028.00 SAR Million [+]
Military Expenditure 65843.00 70400.00 88233.00 808.00 USD Million [+]
Government Budget Value -135704.00 -238494.00 580924.00 -362229.00 SAR Million [+]
Credit Rating 86.25 [+]


Saudi Arabia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
151611.00 195776.00 212452.00 76217.00 2008 - 2019 SAR Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 104275.00 Jun/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136911.00 Jun/19
Germany 143.22 Mar/19
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Italy 78566.20 Mar/19
Japan 108825.60 Jun/19
Mexico 2143950.00 Mar/19
Netherlands 45100.00 Jun/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12496.60 Jun/19
South Africa 645563.00 Mar/19
South Korea 75957.40 Jun/19
Spain 57636.00 Jun/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 94259.00 Jun/19
United States 3297.90 Jun/19


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