Government Spending in Saudi Arabia decreased to 197996 SAR Million in the third quarter of 2022 from 206574 SAR Million in the second quarter of 2022. source: Saudi Arabian Monetary Agency

Government Spending in Saudi Arabia averaged 152082.22 SAR Million from 2008 until 2022, reaching an all time high of 233828.00 SAR Million in the fourth quarter of 2021 and a record low of 76217.00 SAR Million in the first quarter of 2008. This page provides - Saudi Arabia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Government Spending - values, historical data and charts - was last updated on January of 2023.

Government Spending in Saudi Arabia is expected to be 177525.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Government Spending is projected to trend around 210054.00 SAR Million in 2024 and 216356.00 SAR Million in 2025, according to our econometric models.

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Saudi Arabia Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 30.00 32.50 percent of GDP Dec 2021
Government Budget -2.30 -11.20 percent of GDP Dec 2021
Government Spending 197996.00 206574.00 SAR Million Sep 2022
Government Revenues 965486.00 781834.00 SAR Million Dec 2021
Government Budget Value -73447.00 -293900.00 SAR Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
197996.00 206574.00 233828.00 76217.00 2008 - 2022 SAR Million Quarterly
Current Prices, NSA