The Council of Ministers, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the 2026 state budget and issued a related resolution today, Dec. 2.
The 2026 public expenditures were budgeted at SAR 1.31 trillion, while total revenues were estimated at SAR 1.14 trillion, with an expected deficit of SAR 165.4 billion. 
Revenues and Expenditures of Saudi Arabia’s Budget (2000-2026)
Year
Revenues (SAR bln)
Expenditures (SAR bln)
Surplus/Deficit (SAR bln)
2026 Estimates
1147.4
1312.8
(165.4)
2025 Forecasts
1091
1336
(245)
2024 Actual
1259
1375
(116)
2023
1212
1293
(81)
2022
1268
1164
104
2021
965
1039
(73)
2020
782
1076
(294)
2019
927
1059
(133)
2018
906
1079
(174)
2017
692
930
(238)
2016
519
831
(311)
2015
613
1001
(389)
2014
1040
1141
(100)
2013
1153
995
158
2012
1247
917
329
2011
1118
827
291
2010
741
654
87
2009
510
596
(87)
2008
1101
520
581
2007
643
466
177
2006
674
393
280
2005
564
346
218
2004
392
285
107
2003
293
257
36
2002
213
234
(21)
2001
228
255
(27)
2000
258
235
23
The Kingdom’s expenditures are expected to reach about SAR 1.31 trillion in 2026.
Estimated and Actual Expenditures (SAR bln)
Year
Estimated
Actual
Difference
2026
1312.8
—
—
2025
1285
—
—
2024
1172
1285
+113
2023
1114
1293
+179
2022
955
1164
+209
2021
990
1039
+49
2020
1020
1076
+56
2019
1106
1059
(47)
2018
978
1079
+ 101
2017
890
930
+40
2016
840
831
(9)
2015
860
1001
+141
2014
855
1141
+286
2013
820
995
+175
2012
690
917
+227
2011
580
827
+247
2010
540
654
+ 114
2009
475
596
+ 121
2008
410
520
+ 110
2007
380
466
+ 86
2006
335
393
+ 58
2005
280
346
+ 66
2004
230
285
+ 55
For 2025, revenues are estimated at SAR 1.09 trillion and expenditures at SAR 1.33 trillion, with a deficit of SAR 245.0 billion.
Capital expenditure is forecast to reach SAR 162 billion in 2026, representing about 12.3% of total spending.
Operating and Capital Expenditure (SAR bln)
Year
Operating Expenditure
Capital Expenditure
Total
2026*
1151
162
1313
2025**
1165
172
1336
2025*
1101
184
1285
2024
1184
191
1375
2023
1107
186
1293
2022
1021
143
1164
2021
922
117
1039
2020
921
155
1076
2019
890
169
1059
*Budget.
**Forecasts.
Fields of Spending:
The government allocated SAR 259 billion to the health and social development sector in the 2026 budget, and SAR 202 billion to the education sector.
Aspects of Expenditure in 2026(estimates) – SAR bln
Sector
Allocation
Public Administration
57
Military
240
Securityand Regional Administration
120
Municipal Services
72
Education
202
Healthcare and Social Development
259
Economic Resources
92
Infrastructure andTransport
35
General Items
236
Total
1313
The ministry also projected oil revenues for the current year at SAR 590 billion and non-oil revenues at SAR 501 billion,as shown in the table below:
Oil Non-Oil revenues (2010-2025) – SAR bln
Year
Non-Oil Revenues
Oil Revenues
Total
2025
501
590
1091
2024
503
757
1259
2023
458
755
1212
2022
411
857
1268
2021
403
562
965
2020
369
413
782
2019
332
594
927
2018
294
611
906
2017
256
436
692
2016
186
334
519
2015
166
446
613
2014
127
913
1040
2013
118
1035
1153
2012
102
1145
1247
2011
83
1034
1118
2010
71
670
741
Kingdom’s GDP:
In 2025, GDP reached SAR 4.60 trillion in 2025, while inflation rose 2.3% from 1.7% a year earlier.
The budget estimates GDP will increase to SAR 4.96 trillion in 2026.
Key Economic Data
Item
2016
2017
2018
2019
2020
2021
2022
2023
2024*
2025**
2026**
GDP (SAR bln)
2585
2780
3325
3333
2880
3685
4647
4570
4649
4600
4965
Inflation
3.4 %
(0.1%)
2.6%
(1.0%)
3.4 %
3.1%
2.5 %
2.3 %
1.7 %
2.3 %
2.0 %
*Preliminary data
Public debt:
The Kingdom’s public debt rose to SAR 1.45 trillion by the end of 2025, representing nearly 31.7% of GDPThe public debt is expected to rise to SAR 1.62 trillion in 2026, or 32.7% of GDP.
Key Economic Data
Year
2016
2017
2018
2019
2020
2021
2022
2023
*2024
*2025
2026*
Public Debt(SAR bln)
316.6
443.3
560
678
854
938
990
1050
1216
1457
1622
Debt- to -GDP Ratio
5.5%
11.4%
13.3%
16.8%
23.5%
23.2%
20.2%
21.7%
22.6%
31.7%
32.7%
The Council of Ministers, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the 2026 state budget and issued a related resolution today, Dec. 2.
The 2026 public expenditures were budgeted at SAR 1.31 trillion, while total revenues were estimated at SAR 1.14 trillion, with an expected deficit of SAR 165.4 billion.
Revenues and Expenditures of Saudi Arabia’s Budget (2000-2026)
Year
Revenues (SAR bln)
Expenditures (SAR bln)
Surplus/Deficit (SAR bln)
2026 Estimates
1147.4
1312.8
(165.4)
2025 Forecasts
1091
1336
(245)
2024 Actual
1259
1375
(116)
2023
1212
1293
(81)
2022
1268
1164
104
2021
965
1039
(73)
2020
782
1076
(294)
2019
927
1059
(133)
2018
906
1079
(174)
2017
692
930
(238)
2016
519
831
(311)
2015
613
1001
(389)
2014
1040
1141
(100)
2013
1153
995
158
2012
1247
917
329
2011
1118
827
291
2010
741
654
87
2009
510
596
(87)
2008
1101
520
581
2007
643
466
177
2006
674
393
280
2005
564
346
218
2004
392
285
107
2003
293
257
36
2002
213
234
(21)
2001
228
255
(27)
2000
258
235
23
The Kingdom’s expenditures are expected to reach about SAR 1.31 trillion in 2026.
Estimated and Actual Expenditures (SAR bln)
Year
Estimated
Actual
Difference
2026
1312.8
—
—
2025
1285
—
—
2024
1172
1285
+113
2023
1114
1293
+179
2022
955
1164
+209
2021
990
1039
+49
2020
1020
1076
+56
2019
1106
1059
(47)
2018
978
1079
+ 101
2017
890
930
+40
2016
840
831
(9)
2015
860
1001
+141
2014
855
1141
+286
2013
820
995
+175
2012
690
917
+227
2011
580
827
+247
2010
540
654
+ 114
2009
475
596
+ 121
2008
410
520
+ 110
2007
380
466
+ 86
2006
335
393
+ 58
2005
280
346
+ 66
2004
230
285
+ 55
For 2025, revenues are estimated at SAR 1.09 trillion and expenditures at SAR 1.33 trillion, with a deficit of SAR 245.0 billion.
Capital expenditure is forecast to reach SAR 162 billion in 2026, representing about 12.3% of total spending.
Operating and Capital Expenditure (SAR bln)
Year
Operating Expenditure
Capital Expenditure
Total
2026*
1151
162
1313
2025**
1165
172
1336
2025*
1101
184
1285
2024
1184
191
1375
2023
1107
186
1293
2022
1021
143
1164
2021
922
117
1039
2020
921
155
1076
2019
890
169
1059
*Budget.
**Forecasts.
Fields of Spending:
The government allocated SAR 259 billion to the health and social development sector in the 2026 budget, and SAR 202 billion to the education sector.
Aspects of Expenditure in 2026(estimates) – SAR bln
Sector
Allocation
Public Administration
57
Military
240
Securityand Regional Administration
120
Municipal Services
72
Education
202
Healthcare and Social Development
259
Economic Resources
92
Infrastructure andTransport
35
General Items
236
Total
1313
The ministry also projected oil revenues for the current year at SAR 590 billion and non-oil revenues at SAR 501 billion,as shown in the table below:
Oil Non-Oil revenues (2010-2025) – SAR bln
Year
Non-Oil Revenues
Oil Revenues
Total
2025
501
590
1091
2024
503
757
1259
2023
458
755
1212
2022
411
857
1268
2021
403
562
965
2020
369
413
782
2019
332
594
927
2018
294
611
906
2017
256
436
692
2016
186
334
519
2015
166
446
613
2014
127
913
1040
2013
118
1035
1153
2012
102
1145
1247
2011
83
1034
1118
2010
71
670
741
Kingdom’s GDP:
In 2025, GDP reached SAR 4.60 trillion in 2025, while inflation rose 2.3% from 1.7% a year earlier.
The budget estimates GDP will increase to SAR 4.96 trillion in 2026.
Key Economic Data
Item
2016
2017
2018
2019
2020
2021
2022
2023
2024*
2025**
2026**
GDP (SAR bln)
2585
2780
3325
3333
2880
3685
4647
4570
4649
4600
4965
Inflation
3.4 %
(0.1%)
2.6%
(1.0%)
3.4 %
3.1%
2.5 %
2.3 %
1.7 %
2.3 %
2.0 %
*Preliminary data
Public debt:
The Kingdom’s public debt rose to SAR 1.45 trillion by the end of 2025, representing nearly 31.7% of GDPThe public debt is expected to rise to SAR 1.62 trillion in 2026, or 32.7% of GDP.
Key Economic Data
Year
2016
2017
2018
2019
2020
2021
2022
2023
*2024
*2025
2026*
Public Debt(SAR bln)
316.6
443.3
560
678
854
938
990
1050
1216
1457
1622
Debt- to -GDP Ratio
5.5%
11.4%
13.3%
16.8%
23.5%
23.2%
20.2%
21.7%
22.6%
31.7%
32.7%
