Saudi Arabia posts SR276.61 billion budget deficit in 2025

RIYADH — Saudi Arabia recorded total revenues of SR1.11 trillion in 2025, while expenditures reached approximately SR1.389 trillion, resulting in a budget deficit of SR276.61 billion, the Ministry of Finance announced.According to the ministry’s report, oil revenues totaled SR606.54 billion, accounting for 54.55% of total revenues.Non-oil revenues reached SR505.82 billion, representing 45.45% of total revenues and marking a 1% increase compared to 2024.The report detailed actual spending across sectors, with compensation of employees amounting to SR574.53 billion.Expenditures on goods and services reached SR316.34 billion, while financing costs totaled SR54.47 billion.Subsidies stood at SR53.91 billion and grants at SR5.19 billion.Social benefits reached SR99.32 billion, while other expenditures totaled SR134.16 billion.Non-financial (capital) expenditures amounted to SR168.51 billion.In the fourth quarter, revenues reached SR276.74 billion and expenditures totaled SR371.59 billion, resulting in a quarterly deficit of SR94.85 billion.Non-oil revenues accounted for 44% of fourth-quarter revenues at SR122.56 billion, while oil revenues reached SR154.19 billion.