Saudi Arabia posted actual revenues of 1.25 trillion and expenditure of SAR 1.37 trillion in 2024, recording a budget deficit of SAR 115.6 billion, the Ministry of Finance announced today, Feb. 13. 
The Kingdom expected expenditure and revenue to hit SAR 1.34 trillion and SAR 1.23 trillion, respectively in 2025, with an estimated deficit of SAR 115 billion.
Saudi Budget Actual Revenue Expenditure (SAR bln)
Year
Revenue
Expenditure
Surplus/Deficit
2024 (Actual)
1259.1
1374.7
(115.6)
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
In the last quarter of 2024, actual revenue reached SAR 302.9 billion, while expenditure stood at SAR 360.5 billion. Accordingly, the Kingdom posted a budget deficit of SAR 57.7 billion in Q4 2024.
Saudi Budget Actual Revenues Expenditure for 2024 (SAR bln)
Period
Revenue
Expenditure
Surplus/Deficit
Q1
293.43
305.82
(12.39)
Q2
353.59
368.93
(15.34)
Q3
309.21
339.44
(30.24)
Q4
302.86
360.52
(57.66)
2024 (Actual)
1259.10
1374.72
(115.63)
Actual revenue hit SAR 302.86 billion in Q4 2024, while expenditure reached SAR 360.52 million. The fourth-quarter deficit was recorded at SAR 57.66 billion.
Saudi Arabia recorded oil revenue of nearly SAR 756.62 billion in 2024, while non-oil revenue came in at SAR 502.47 billion.
Actual Expenditure
The Kingdom spent nearly SAR 1.37 trillion in 2024, a rise of 6.3% year-on-year (YoY).
Public debt increased by 16% to SAR 1.21 trillion at the end of 2024, from SAR 1.05 trillion in 2023.
Saudi Arabia posted actual revenues of 1.25 trillion and expenditure of SAR 1.37 trillion in 2024, recording a budget deficit of SAR 115.6 billion, the Ministry of Finance announced today, Feb. 13.
The Kingdom expected expenditure and revenue to hit SAR 1.34 trillion and SAR 1.23 trillion, respectively in 2025, with an estimated deficit of SAR 115 billion.
Saudi Budget Actual Revenue Expenditure (SAR bln)
Year
Revenue
Expenditure
Surplus/Deficit
2024 (Actual)
1259.1
1374.7
(115.6)
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
In the last quarter of 2024, actual revenue reached SAR 302.9 billion, while expenditure stood at SAR 360.5 billion. Accordingly, the Kingdom posted a budget deficit of SAR 57.7 billion in Q4 2024.
Saudi Budget Actual Revenues Expenditure for 2024 (SAR bln)
Period
Revenue
Expenditure
Surplus/Deficit
Q1
293.43
305.82
(12.39)
Q2
353.59
368.93
(15.34)
Q3
309.21
339.44
(30.24)
Q4
302.86
360.52
(57.66)
2024 (Actual)
1259.10
1374.72
(115.63)
Actual revenue hit SAR 302.86 billion in Q4 2024, while expenditure reached SAR 360.52 million. The fourth-quarter deficit was recorded at SAR 57.66 billion.
Saudi Arabia recorded oil revenue of nearly SAR 756.62 billion in 2024, while non-oil revenue came in at SAR 502.47 billion.
Actual Expenditure
The Kingdom spent nearly SAR 1.37 trillion in 2024, a rise of 6.3% year-on-year (YoY).
Public debt increased by 16% to SAR 1.21 trillion at the end of 2024, from SAR 1.05 trillion in 2023.
