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Saudi Arabia Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.65% −1.16% (-46.7%)
Year 2025 Rank #119 Global Peak 29.80% (2008) Source IMF WEO

Saudi Arabia Budget Deficit (1991–2025)

Overview

Saudi Arabia's budget deficit stood at -3.65% in 2025, a decline of +1.16% from 2024. The IMF projects -3.65% by 2025. Saudi Arabia ranked 119th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -3.37% - -
2029* IMF -3.42% - -
2028* IMF -3.68% - -
2027* IMF -3.82% - -
2026* IMF -3.66% - -
2025* IMF -3.65% - -
2025 -3.65% −1.16% #119
2024 -2.49% −0.72% #98
2023 -1.77% −4.01% #114
2022 2.24% +4.23% #170
2021 -1.99% +8.23% #135
2020 -10.22% −6.26% #31
2019 -3.97% +1.24% #47
2018 -5.21% +3.36% #28
2017 -8.57% +4.62% #10
2016 -13.20% +1.75% #10
2015 -14.94% −11.54% #8
2014 -3.40% −8.87% #72
2013 5.47% −6.21% #179
2012 11.68% +0.29% #184
2011 11.39% +7.00% #185
Show all years (1991-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.1% GDP growth 5.8% C/A balance 22.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Saudi Arabia matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Saudi Arabia's budget deficit?

Saudi Arabia's budget deficit was -3.65% in 2025. Ranked 119th globally. This represents a 46.7% decrease from the previous year.

What was the highest budget deficit in Saudi Arabia?

Saudi Arabia's budget deficit peaked at 29.80% in 2008.

What was the lowest budget deficit in Saudi Arabia?

The lowest budget deficit in Saudi Arabia was -14.94% in 2015.

How does Saudi Arabia rank in budget deficit?

Saudi Arabia ranks 119th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Saudi Arabia in 2025?

Saudi Arabia's budget deficit is projected to reach -3.65% by 2025 based on IMF projection.

What is the budget deficit of Saudi Arabia in 2025?

The budget deficit of Saudi Arabia in 2025 was -3.65%. This ranks 119th in the world.

Cite this page

APA
Saudi Arabia Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/saudi-arabia/budget-deficit
BibTeX
@misc{historysaid_saudi-arabia_budget-deficit, title = {Saudi Arabia Budget Deficit}, url = {https://historysaid.com/saudi-arabia/budget-deficit}, publisher = {HistorySaid}, year = {2026} }