Budget balance — all countries

Budget balance — Saudi Arabia

Budget balance in Saudi Arabia in 2031 — -3.2%. Ranked 131 in the world out of 188. Since 1991, the indicator has risen by 0.1 pp.

2031 -3.2% +0 pp vs 2030
World rank 131of 188
Period maximum 29.8%2008
Period minimum -14.9%2015

Trend over time

1991–2031 · % of GDP

Budget balance — Saudi Arabia, 1991–2031-2002040199119951999200320072011201520192023202720311991: -3.3%1992: -8.1%1993: -9.3%1994: -8.3%1995: -5.1%1996: -3.2%1997: -2.5%1998: -8.9%1999: -6%2000: 3.2%2001: -3.9%2002: -5.9%2003: 1.2%2004: 9.7%2005: 18%2006: 20.8%2007: 11.8%2008: 29.8%2009: -5.4%2010: 4.4%2011: 11.4%2012: 11.7%2013: 5.5%2014: -3.4%2015: -14.9%2016: -13.2%2017: -8.6%2018: -5.2%2019: -4%2020: -10.2%2021: -2%2022: 2.2%2023: -1.8%2024: -2.5%2025: -5.8%2026: -3.5%2027: -3.4%2028: -3.6%2029: -3.3%2030: -3.2%2031: -3.2%
Change over the period: +0.1 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Saudi Arabia

Saudi Arabia -3.2%
World computed -4.85%
Middle East & North Africa computed -1.74%
Western Asia computed -1.19%
High-income countries computed -4.26%
Budget balance — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year % Change, pp
2031 -3.2 +0 pp
2030 -3.2 +0.1 pp
2029 -3.3 +0.3 pp
2028 -3.6 −0.2 pp
2027 -3.4 +0.1 pp
2026 -3.5 +2.3 pp
2025 -5.8 −3.3 pp
2024 -2.5 −0.7 pp
2023 -1.8 −4 pp
2022 2.2 +4.2 pp
2021 -2 +8.2 pp
2020 -10.2 −6.2 pp
2019 -4 +1.2 pp
2018 -5.2 +3.4 pp
2017 -8.6 +4.6 pp
2016 -13.2 +1.7 pp
2015 -14.9 −11.5 pp
2014 -3.4 −8.9 pp
2013 5.5 −6.2 pp
2012 11.7 +0.3 pp
2011 11.4 +7 pp
2010 4.4 +9.8 pp
2009 -5.4 −35.2 pp
2008 29.8 +18 pp
2007 11.8 −9 pp
2006 20.8 +2.8 pp
2005 18 +8.3 pp
2004 9.7 +8.5 pp
2003 1.2 +7.1 pp
2002 -5.9 −2 pp
2001 -3.9 −7.1 pp
2000 3.2 +9.2 pp
1999 -6 +2.9 pp
1998 -8.9 −6.4 pp
1997 -2.5 +0.7 pp
1996 -3.2 +1.9 pp
1995 -5.1 +3.2 pp
1994 -8.3 +1 pp
1993 -9.3 −1.2 pp
1992 -8.1 −4.8 pp
1991 -3.3

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.