Saudi Arabia recorded a Government Debt to GDP of 32.50 percent of the country's Gross Domestic Product in 2020. source: Saudi Arabian Monetary Agency

Government Debt to GDP in Saudi Arabia averaged 34.80 percent of GDP from 1999 until 2020, reaching an all time high of 103.50 percent of GDP in 1999 and a record low of 1.60 percent of GDP in 2014. This page provides - Saudi Arabia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in Saudi Arabia is expected to reach 34.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Debt to GDP is projected to trend around 34.00 percent of GDP in 2022 and 33.00 percent of GDP in 2023, according to our econometric models.

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Saudi Arabia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
32.50 22.80 103.50 1.60 1999 - 2020 percent of GDP Yearly

Saudi Arabia Government Last Previous Highest Lowest Unit
Government Debt to GDP 32.50 22.80 103.50 1.60 percent of GDP [+]
Government Budget -11.20 -4.50 43.20 -25.30 percent of GDP [+]
Government Spending 164082.00 232789.00 232789.00 76217.00 SAR Million [+]
Government Revenues 781834.00 926846.00 1247398.00 5668.00 SAR Million [+]
Fiscal Expenditure 1075734.00 1059445.00 1109903.00 6028.00 SAR Million [+]
Military Expenditure 55535.00 61952.00 88520.00 811.00 USD Million [+]
Government Budget Value -293900.00 -132599.00 580924.00 -362229.00 SAR Million [+]
Credit Rating 75.00 [+]

Saudi Arabia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.