Saudi Arabia posts SR84 billion budget deficit in 3Q 2026

RIYADH — Saudi Arabia registered a budget deficit of SR84 billion during the third quarter of 2026, according to the Ministry of Finance’s quarterly budget performance report released on Tuesday. Total revenues reached SR 259.11 billion during the third quarter while expenditures stood at SR343.42 billion. The report revealed a 23 percent decline in oil revenues reaching SR116.5 billion, while non-oil revenues rose by 20 percent to SR142.6 billion during the third quarter of this year. For the first nine months of the year, total revenues stood at SR858.87 billion, compared with expenditures of SR1,103.17 billion, resulting in a cumulative budget deficit of SR244.31 billion. Oil revenues during the first nine months amounted to SR446.3 billion, while non-oil revenues totaled SR412.5 billion. Meanwhile, the state’s general reserve balance stood at SR399.5 billion at the end of the third quarter of 2026.