2010 Saudi Budget
Budget ReportAnother aggressive budget was announced for 2010, with spending maintained at a very high level as the government seeks to ensure that the economic recovery in the Kingdom gains traction.
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.
