Saudi Arabia Government Budget Balance (% of GDP)

The yearly gap between government spending and revenue, as a share of GDP.

−2.5%

−0.7pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Budget Balance (% of GDP)

1991 to 2024

Source: IMF World Economic Outlook GGXCNL_NGDP · general government net lending/borrowing, % of GDP, actual years only.

Saudi Arabia Government Budget Balance (% of GDP) in context

Worked out from the published series shown above.

In Saudi Arabia, the government budget balance fell by 0.7pp in 2024, from −1.8% in 2023.

It is the lowest reading since 2020.

Over the past five years it has ranged from −10.2% in 2020 to 2.2% in 2022.

Its average since 1991 is −0.2%, and the latest reading is below that.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Negative means a deficit. Oil revenue drives it.

Data refreshed 2026-10-09. Figures are the latest published observations and can be revised.

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