Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
Q2 2021 Budget Statement: (Fiscal deficit remains contained)
Budget reportGovernment revenue totaled SR248 billion in Q2 2021, up a sizable 85 percent, or SR114 billion, year-on-year. Looking at the breakdown, both oil revenue (up 38 percent year-on-year) and non-oil revenue rose sharply (up 203 percent year-on-year).