Saudi Budget’s 2025 Actual Revenue Expenditure (SAR bln) 
Year
Revenue
Expenditure
Surplus/(Deficit)
Q1
263.6
322.3
(58.7)
Q2
301.6
336.1
(34.5)
Q3
269.9
358.4
(88.5)
Q4
—
—
—
2025 (Estimates)
1184
1285
(101)
Actual Revenues Breakdown (SAR bln)
Revenues
9M 2024
9M 2025
Change
Oil revenues
585.8
452.4
(23%)
Non-oil revenues
370.5
382.7
3%
Taxes on income, profit capital gains
25.4
27.1
7%
Taxes on goods services
214.0
220.8
3%
Taxes on international trade transactions
16.9
17.6
4%
Other taxes
33.5
33.6
0.4%
Other revenues
80.7
83.6
4%
Total
956.2
835.1
(13%)
Actual Expenditure(SAR bln)
Expenditure
9M 2024
9M 2025
Change
Employee compensation
416.0
430.1
3%
Use of goods services
219.0
222.2
1%
Financing expenses
32.8
39.5
20%
Subsidies
28.7
28.0
(3%)
Grants
2.4
1.0
(58%)
Social benefits
84.2
86.2
2%
Other expenses
83.5
92.3
11%
Non-financial assets (CAPEX)
147.6
117.6
(20%)
Total
1014.2
1016.8
0.3%
Public Debt:
Saudi Arabia’s public debt rose to around SAR 1.466 trillion in the first nine months of 2025, compared with SAR 1.215 trillion at the end of 2024.
Saudi Budget’s 2025 Actual Revenue Expenditure (SAR bln)
Year
Revenue
Expenditure
Surplus/(Deficit)
Q1
263.6
322.3
(58.7)
Q2
301.6
336.1
(34.5)
Q3
269.9
358.4
(88.5)
Q4
—
—
—
2025 (Estimates)
1184
1285
(101)
Actual Revenues Breakdown (SAR bln)
Revenues
9M 2024
9M 2025
Change
Oil revenues
585.8
452.4
(23%)
Non-oil revenues
370.5
382.7
3%
Taxes on income, profit capital gains
25.4
27.1
7%
Taxes on goods services
214.0
220.8
3%
Taxes on international trade transactions
16.9
17.6
4%
Other taxes
33.5
33.6
0.4%
Other revenues
80.7
83.6
4%
Total
956.2
835.1
(13%)
Actual Expenditure(SAR bln)
Expenditure
9M 2024
9M 2025
Change
Employee compensation
416.0
430.1
3%
Use of goods services
219.0
222.2
1%
Financing expenses
32.8
39.5
20%
Subsidies
28.7
28.0
(3%)
Grants
2.4
1.0
(58%)
Social benefits
84.2
86.2
2%
Other expenses
83.5
92.3
11%
Non-financial assets (CAPEX)
147.6
117.6
(20%)
Total
1014.2
1016.8
0.3%
Public Debt:
Saudi Arabia’s public debt rose to around SAR 1.466 trillion in the first nine months of 2025, compared with SAR 1.215 trillion at the end of 2024.
