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.
2015 Saudi Budget
Budget reportAnother expansionary budget was announced for 2015. Spending maintained at a very high level, underscoring the governments determination and ability to support economic activity despite the prevailing subdued oil pricing environment. A deficit of about 6 percent of GDP will be financed comfortably using SAMAs huge stock of net foreign assets. Domestic debt was cut to a long-term low of only 1.6 percent of GDP.
Saudi Arabia's 2014 budget
Macroeconomic reportAnother expansionary budget was announced for 2014. The budget highlights the government's intention to continue to stimulate the economy. Budgeted spending and revenues were both at all-time highs. Spending priorities are consistent with previous years.
