Q1 2026 Budget statement: (Oil revenue will boost budget after record deficit in Q1)
Budget Report·The budget deficit widened to SAR126b in Q1-26, as spending grew by 20% year-on-year while revenue edged down.
2026 Saudi Fiscal Budget
Budget ReportThe government estimates that the budget deficit widened to SAR 245b (5.3% of GDP) in 2025, largely due to lower oil revenue.
Saudi Arabia’s 2026 Preliminary Budget Statement
Budget ReportThe Ministry of Finance (MoF) has published the preliminary budget statement (PBS) for fiscal year 2026 and the mid-year report (MYR) with detailed estimates for 2025 budget outturns.
Q2 2025 Budget Statement: (Non-oil revenue up and spending under control)
Budget ReportThe central government recorded a fiscal deficit of SR34.5 billion in Q2-25, smaller than the SR58.7 billion deficit in Q1-25 due to higher non-oil revenue.
Q1 2025 Budget Statement: (The deficit widens due to lower oil prices)
Budget ReportThe central government recorded a fiscal deficit of SR58.7 billion in Q1-25, as revenue declined by 10 percent year-on-year due to lower oil revenue, while spending was 5 percent higher.
