Saudi 2027 budget hits record 1.39 trillion riyals
Saudi Arabia's 2027 budget presents expansionary estimates, as the government anticipates expenditures reaching 1.39 trillion riyals, the largest in the country's history, exceeding previous estimates of 1.35 trillion riyals. The budget includes revenues of approximately 1,202 billion riyals, with a deficit estimated at 3.6% of GDP, within a plan focused on balancing economic growth support with maintaining fiscal sustainability. The Saudi economy aims to diversify and strengthen the non-oil sector through reforms that help boost non-oil revenues, which increased from 166 billion riyals in 2015 to 505 billion riyals in 2025. This strategy seeks to achieve financial stability over the medium and long term, while continuing to invest in strategic projects and reforms to meet the goals of Saudi Vision 2030.
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