Saudi Arabia Consolidated Fiscal Balance: % of GDP

1969 - 2022 | Yearly | % | Ministry of Finance

Key information about Saudi Arabia Consolidated Fiscal Balance: % of GDP

  • Saudi Arabia Consolidated Fiscal Balance registered a surplus equal to 2.5 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 2.3 % in the previous year
  • Saudi Arabia Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1969 to Dec 2022, with an average ratio of -2.9 %
  • The data reached an all-time high of 43.2 % in Dec 1973 and a record low of -25.3 % in Dec 1987



Further information about Saudi Arabia Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Saudi Arabia National Government Debt reached 264.0 USD bn in Dec 2022
  • Saudi Arabia Nominal GDP reached 267.9 USD bn in Mar 2023

View Saudi Arabia's Consolidated Fiscal Balance: % of GDP from 1969 to 2022 in the chart:

Saudi Arabia Consolidated Fiscal Balance: % of GDP

What was Saudi Arabia's Consolidated Fiscal Balance: % of GDP in 2022?

Saudi Arabia Consolidated Fiscal Balance registered a surplus equal to 2.5 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 2.3 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.5 2022 -2.3 2021 -25.3 1987 43.2 1973 % yearly 1969 - 2022

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -1.3 2023 yearly 1997 - 2023
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -0.7 Jun 2024 quarterly Dec 2004 - Jun 2024
Armenia (%) -3.0 Jun 2024 quarterly Dec 2002 - Jun 2024
Australia (%) -1.8 Jun 2024 quarterly Jun 2003 - Jun 2024
Austria (%) -3.4 Jun 2024 quarterly Dec 2001 - Jun 2024
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 2.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.2 Jun 2024 quarterly Dec 1997 - Jun 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -3.3 Jun 2024 quarterly Sep 2003 - Jun 2024
Cambodia (%) -0.1 2022 yearly 2007 - 2022
Canada (%) -1.9 Jun 2024 quarterly Jun 1993 - Jun 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -5.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Colombia (%) 0.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 3.6 Mar 2024 quarterly Dec 1995 - Mar 2024
Czech Republic (%) -2.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Denmark (%) 3.3 Jun 2024 quarterly Dec 1999 - Jun 2024
Ecuador (%) -2.0 Jun 2024 quarterly Dec 2000 - Jun 2024
Estonia (%) -3.6 Jun 2024 quarterly Dec 1999 - Jun 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -4.0 Jun 2024 quarterly Dec 1999 - Jun 2024
France (%) -5.7 Jun 2024 quarterly Dec 1949 - Jun 2024
Georgia (%) -2.1 Jun 2024 quarterly Dec 2006 - Jun 2024
Germany (%) -2.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Ghana (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -5.9 Jun 2024 quarterly Sep 1999 - Jun 2024
Hungary (%) -5.5 Jun 2024 quarterly Dec 1999 - Jun 2024
Iceland (%) -7.4 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) -4.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Indonesia (%) -3.0 Sep 2024 quarterly Dec 2014 - Sep 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.9 Jun 2024 quarterly Dec 2000 - Jun 2024
Israel (%) -7.7 Jun 2024 quarterly Dec 1999 - Jun 2024
Italy (%) -5.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Kenya (%) -3.0 Jun 2024 quarterly Dec 2009 - Jun 2024
South Korea (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -3.1 2023 yearly 1988 - 2023
Kyrgyzstan (%) 6.2 Aug 2024 monthly Jan 2007 - Aug 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.8 Jun 2024 quarterly Dec 1999 - Jun 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Luxembourg (%) -0.7 2023 yearly 1995 - 2023
Macau SAR, China (%) 6.2 Jun 2024 quarterly Dec 2003 - Jun 2024
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -5.9 2023 yearly 1970 - 2023
Malta (%) -3.4 Jun 2024 quarterly Dec 2000 - Jun 2024
Mauritius (%) -6.1 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (%) -4.1 Jun 2024 quarterly Dec 1980 - Jun 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 0.7 Jun 2024 quarterly Dec 2000 - Jun 2024
Montenegro (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
Morocco (%) -5.0 2023 yearly 1980 - 2023
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -1.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Nigeria (%) -4.4 Mar 2024 quarterly Dec 2010 - Mar 2024
Norway (%) 13.7 Jun 2024 quarterly Dec 2002 - Jun 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2024 yearly 2000 - 2024
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -0.8 Jun 2024 quarterly Dec 2003 - Jun 2024
Peru (%) -3.8 Jun 2024 quarterly Dec 1990 - Jun 2024
Philippines (%) -6.2 Jun 2024 quarterly Dec 1985 - Jun 2024
Poland (%) -5.3 2023 yearly 1995 - 2023
Portugal (%) 1.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Qatar (%) 0.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -6.9 Jun 2024 quarterly Dec 2004 - Jun 2024
Russia (%) -0.6 Jun 2024 quarterly Dec 1993 - Jun 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.3 Jun 2024 quarterly Dec 2005 - Jun 2024
Singapore (%) 1.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.2 Jun 2024 quarterly Dec 2000 - Jun 2024
South Africa (%) -4.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Spain (%) -3.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Sri Lanka (%) -5.7 Jun 2024 quarterly Dec 2014 - Jun 2024
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.6 2023 yearly 1995 - 2023
Switzerland (%) 0.2 2023 yearly 1990 - 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 28.4 Jun 2024 quarterly Dec 2016 - Jun 2024
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 113,078.6 2023 yearly 1957 - 2023
Total Exports (USD mn) 24,742.1 Aug 2024 monthly Jan 2015 - Aug 2024
Total Exports Growth (%) -9.8 Aug 2024 monthly Jan 2016 - Aug 2024
Aluminum: Exports (USD th) 2,151,060.164 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 545,269.271 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 22,592.765 2022 yearly 1995 - 2022
Total Imports (USD mn) 17,277.0 Aug 2024 monthly Jan 2005 - Aug 2024
Total Imports Growth (%) -3.9 Aug 2024 monthly Jan 2006 - Aug 2024
Imports: Medicament (USD th) 5,358,995.860 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,078,407.217 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 929.433 Aug 2024 monthly Jan 2017 - Aug 2024
Total Imports from USA (USD mn) 1,659.434 Aug 2024 monthly Jan 2005 - Aug 2024
Total Exports to China (USD mn) 3,955.873 Aug 2024 monthly Jan 2017 - Aug 2024
Total Imports from China (USD mn) 3,833.887 Aug 2024 monthly Jan 1981 - Aug 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: ow China (SAR mn) 14,834.524 Aug 2024 monthly Jan 2017 - Aug 2024
Exports: ow USA (SAR mn) 3,485.373 Aug 2024 monthly Jan 2017 - Aug 2024
Exports: India (SAR mn) 8,822.221 Aug 2024 monthly Jan 2017 - Aug 2024
Exports: South Korea (SAR mn) 8,940.899 Aug 2024 monthly Jan 2017 - Aug 2024
Exports: Value (SAR mn) 92,782.918 Aug 2024 monthly Jan 2015 - Aug 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Imports: HS: Value: MC: Mineral Products (SAR mn) 61,579.696 2023 yearly 1983 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,249.487 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 118,665.412 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,637.828 2023 yearly 1970 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,428.0 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance: % of GDP (%) 1.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 3,115.5 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 2.0 Jun 2024 quarterly Mar 2008 - Jun 2024
Forecast: Current Account Balance (USD bn) -37.538 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 785,074.650 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 639.030 Mar 2024 quarterly Mar 2018 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 2,295.466 Jun 2024 quarterly Mar 2018 - Jun 2024
BoP: USD: FA: Other Investment (USD mn) -21,939.380 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment: Assets (USD mn) -11,779.491 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 16,373.149 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 25,358.852 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Secondary Income (USD mn) -13,968.144 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment (USD mn) 10,820.414 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: Errors and Omissions (USD mn) -2,536.199 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Reserve Assets (USD mn) 12,474.564 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 52,073.982 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,161.358 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: Financial Account (FA) (USD mn) 668.122 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment (USD mn) -687.475 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 2,427.992 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 8,962.458 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 26,773.970 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income (USD mn) 801.100 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -9,282.605 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 16,076.248 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 78,847.952 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 10,159.889 Jun 2024 quarterly Mar 2006 - Jun 2024
International Investment Position (IIP) (SAR mn) 2,944,029.939 2023 yearly 2007 - 2023
IIP: Assets (SAR mn) 5,352,001.798 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,407,971.859 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.4 Mar 2024 quarterly Mar 2009 - Mar 2024
Household Debt: % of GDP (%) 11.9 Jun 2024 quarterly Dec 2003 - Jun 2024
Money Supply M1 (USD mn) 444,677.991 Sep 2024 monthly Jan 1993 - Sep 2024
Money Supply M2 (USD mn) 697,175.467 Sep 2024 monthly Jan 1993 - Sep 2024
M2 Growth (%) 11.3 Sep 2024 monthly Jan 1994 - Sep 2024
Reserve Requirement Ratio (%) 7.0 Oct 2024 monthly Mar 1980 - Oct 2024
Foreign Exchange Reserves (USD mn) 431,870.8 Sep 2024 monthly Jan 2001 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 41.018 Jun 2024 quarterly Dec 2003 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Oct 2024 monthly Dec 1957 - Oct 2024
Total Deposits (USD mn) 725,034.612 Sep 2024 monthly Jan 1993 - Sep 2024
Total Deposits Growth (%) 10.7 Sep 2024 monthly Jan 1994 - Sep 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 348.930 Dec 2023 quarterly Mar 1998 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 796.302 Dec 2023 quarterly Mar 1993 - Dec 2023
Household Debt (USD mn) 131,348.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Total Loans (USD mn) 760,836.979 Sep 2024 monthly Jan 1997 - Sep 2024
Total Loans Growth (%) 12.16 Sep 2024 monthly Jan 1998 - Sep 2024
Private Debt: % of Nominal GDP (%) 65.19 Jun 2024 quarterly Dec 2003 - Jun 2024
Base Money (SAR mn) 399,205.988 Sep 2024 monthly Jan 2000 - Sep 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,943,661.466 Sep 2024 monthly Jan 1993 - Sep 2024
Money Supply: M3: M2 (SAR mn) 2,614,408.000 Sep 2024 monthly Jan 1993 - Sep 2024
Money Supply: M3: M2: M1 (SAR mn) 1,667,542.465 Sep 2024 monthly Jan 1993 - Sep 2024
Official Reserve Assets (SAR mn) 1,713,646.719 Sep 2024 monthly Jan 2001 - Sep 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 646,420.422 Aug 2024 monthly Jan 2001 - Aug 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Banks Deposits (SAR mn) 2,680,243.549 Aug 2024 monthly Jan 1993 - Aug 2024
Banks Deposits: Demand: Business and Individuals (SAR mn) 1,133,207.239 Aug 2024 monthly Jan 1993 - Aug 2024
Bank Loans: Consumer (SAR mn) 452,321.357 Jun 2024 quarterly Mar 1998 - Jun 2024

More Indicators for Saudi Arabia

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data