2023 Saudi Fiscal Budget
Budget ReportThe government projects total expenditure for 2023 at SR1.11 trillion, which is 16.6 percent above the 2022 budget (SR955 billion), but some 1.6 percent below the official estimate for 2022 (SR1.13 trillion). Government investment spending (capex) is projected to rise by around 4 percent compared with the official 2022 estimate as the authorities focus on delivering projects that were delayed during the Covid-19 pandemic.
Q3 2021 Budget Statement: (A fiscal surplus!)
Budget ReportQ3 2021 Budget Statement: (A fiscal surplus!)
Saudi Arabia’s 2022 Preliminary Budget Statement
Budget ReportSaudi Arabia’s 2022 Preliminary Budget Statement
2019 Saudi Fiscal Budget
Budget ReportAs outlined in the first ever preliminary fiscal budget in September, the government will support the economy through the largest ever budgeted expenditure of SR1.1 trillion in 2019. Based on revenues of SR975 billion, the government is budgeting for a slightly lower year-on-year deficit at SR131 billion, compared to SR136 billion in 2018.
