2009 Saudi Budget
Budget ReportSpending has been raised in the 2009 budget compared with the budgeted total for 2008 in a clear sign that the government will push ahead with its investment program despite a sharp fall in oil prices and the weak global economic outlook.
2008 Saudi Budget
Budget ReportThe 2008 budget maintains the focus on enhancing infrastructure and as usual is based on a prudent oil price assumption. For 2007, restrained spending growth and high oil revenues caused another large budget surplus and the economy performed strongly.
Q3 2020 Budget Statement: (Rise in non-oil revenue)
Budget ReportGovernment revenue totaled SR216 billion in Q3 2020, up 4 percent, or SR8 billion, year-on-year. Whilst oil revenue declined, non-oil revenue rose sharply.
Q3 2019 Budget Statement: (Non-oil revenue rises in Q3)
Budget ReportGovernment revenue totaled SR207 billion in Q3 2019, down 7 percent, or SR16 billion, year-on-year. Declines were seen only in oil revenue, whilst non-oil revenue rose by 9 percent.
Q3 2017 Budget Statement: (A large rise in government oil revenue needed in Q4 2017)
Budget ReportDue to an increase in government revenues by 11 percent, and despite a rise in expenses by 5 percent year-on-year, the fiscal deficit improved to SR49 billion in Q3 2017, compared to SR54 billion a year ago. Total government expenses rose by 5 percent year-on-year in Q3 2017, to a total of SR191 billion, but remain broadly flat on a year-to-date basis, over the same period last year. The largest contributor to current expenses, ‘Compensation of Employees.
