The budget balance in relation to the GDP in Saudi Arabia was forecast to increase between 2024 and 2029 by in total 0.3 percentage points. This overall increase does not happen continuously, notably not in 2026 and 2027. The budget balance is estimated to amount to -2.45 percent in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Kuwait, Iran and Lebanon.
Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IMF. (April 22, 2024). Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/
IMF. "Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/
IMF. (2024). Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/
IMF. "Saudi Arabia: Budget Balance in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/
IMF, Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/ (last visited October 06, 2024)
Saudi Arabia: Budget balance in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/262532/budget-balance-in-relation-to-gross-domestic-product-in-saudi-arabia/