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Saudi Arabia’s budget recorded a deficit of SAR 84.3 billion in the third quarter of 2026, as oil revenues fell 23% to SAR 116.5 billion, while non-oil revenues rose 20% to SAR 142.6 billion. The cumulative deficit for the first nine months reached SAR 244.3 billion and was financed entirely through debt, with no withdrawals from reserves, bringing public debt to about SAR 1.774 trillion at the end of September. The Ministry of Finance forecasts an annual deficit of SAR 245 billion in 2026 and SAR 191 billion in 2027.
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