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Saudi Arabia Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

29.21% +3.06% (+11.7%)
Year 2025 Rank #155 Global Peak 102.99% (1999) Source IMF WEO

Saudi Arabia Government Debt to GDP (1991–2025)

Overview

Saudi Arabia's government debt to gdp stood at 29.21% in 2025, a rise of +3.06% from 2024. The IMF projects 29.21% by 2025. Saudi Arabia ranked 155th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 40.67% - -
2029* IMF 38.77% - -
2028* IMF 36.78% - -
2027* IMF 34.39% - -
2026* IMF 31.81% - -
2025* IMF 29.21% - -
2025 29.21% +3.06% #155
2024 26.15% +3.17% #27
2023 22.98% +1.68% #21
2022 21.31% −4.15% #18
2021 25.46% −4.21% #21
2020 29.66% +9.33% #25
2019 20.34% +3.50% #18
2018 16.84% +0.90% #11
2017 15.95% +3.70% #10
2016 12.25% +6.78% #11
2015 5.47% +3.97% #6
2014 1.50% −0.58% #3
2013 2.08% −0.89% #4
2012 2.97% −2.34% #5
2011 5.31% −3.12% #7
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 government debt to gdp improve within 24 months. View full analysis →

The sharp fall in Brent crude prices, as reported, directly impacts Saudi Arabia's oil-dependent government revenues. Reduced oil income could necessitate increased government borrowing to fund expenditures, potentially leading to an increase

Frequently Asked Questions

What is Saudi Arabia's government debt to gdp?

Saudi Arabia's government debt to gdp was 29.21% in 2025. Ranked 155th globally. This represents a 11.7% increase from the previous year.

What was the highest government debt to gdp in Saudi Arabia?

Saudi Arabia's government debt to gdp peaked at 102.99% in 1999.

What was the lowest government debt to gdp in Saudi Arabia?

The lowest government debt to gdp in Saudi Arabia was 1.50% in 2014.

How does Saudi Arabia rank in government debt to gdp?

Saudi Arabia ranks 155th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

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

What is the projected government debt to gdp of Saudi Arabia in 2025?

Saudi Arabia's government debt to gdp is projected to reach 29.21% by 2025 based on IMF projection.

What is the government debt to gdp of Saudi Arabia in 2025?

The government debt to gdp of Saudi Arabia in 2025 was 29.21%. This ranks 155th in the world.

Cite this page

APA
Saudi Arabia Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/saudi-arabia/government-debt-to-gdp
BibTeX
@misc{historysaid_saudi-arabia_government-debt-to-gdp, title = {Saudi Arabia Government Debt to GDP}, url = {https://historysaid.com/saudi-arabia/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }

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