The Saudi Ministry of Finance announced today, May 5, the (actual) general budget for the Kingdom for the first quarter of 2026.
According to official data, first-quarter revenues reached SAR 261 billion, while general expenditures totaled SAR 387 billion.
The budget deficit for Q1 2026 stood at SAR 126 billion.
Saudi Budget’s 2026 Actual Revenue Expenditure (SAR bln)
Year
Revenue
Expenditure
Surplus/(Deficit)
Q1
261
387
(126)
Q2
—
—
—
Q3
—
—
—
Q4
—
—
—
2025 (Estimates)
1147.4
1312.8
(165.4)
Q1 actual revenue details:
Total actual revenue for Q1 2026 stood at SAR 261 billion, down about 1% from Q1 2025.
Oil revenue reached SAR 145 billion, while non-oil revenue amounted to SAR 116 billion.
Actual Revenues Breakdown (SAR bln)
Revenues
Q1 2025
Q1 2026
Change
Oil revenues
149.81
144.72
(3%)
Non-oil revenues
113.81
116.25
+2%
Taxes on income, profit capital gains
6.70
5.92
(12%)
Taxes on goods services
71.56
74.93
+5%
Taxes on international trade transactions
5.56
5.55
(0.2%)
Other taxes
4.58
3.69
(19%)
Other revenues
25.41
26.17
+3%
Total
263.62
260.97
(1%)
The Saudi Ministry of Finance announced today, May 5, the (actual) general budget for the Kingdom for the first quarter of 2026.
According to official data, first-quarter revenues reached SAR 261 billion, while general expenditures totaled SAR 387 billion.
The budget deficit for Q1 2026 stood at SAR 126 billion.
Saudi Budget’s 2026 Actual Revenue Expenditure (SAR bln)
Year
Revenue
Expenditure
Surplus/(Deficit)
Q1
261
387
(126)
Q2
—
—
—
Q3
—
—
—
Q4
—
—
—
2025 (Estimates)
1147.4
1312.8
(165.4)
Q1 actual revenue details:
Total actual revenue for Q1 2026 stood at SAR 261 billion, down about 1% from Q1 2025.
Oil revenue reached SAR 145 billion, while non-oil revenue amounted to SAR 116 billion.
Actual Revenues Breakdown (SAR bln)
Revenues
Q1 2025
Q1 2026
Change
Oil revenues
149.81
144.72
(3%)
Non-oil revenues
113.81
116.25
+2%
Taxes on income, profit capital gains
6.70
5.92
(12%)
Taxes on goods services
71.56
74.93
+5%
Taxes on international trade transactions
5.56
5.55
(0.2%)
Other taxes
4.58
3.69
(19%)
Other revenues
25.41
26.17
+3%
Total
263.62
260.97
(1%)
