Saudi Arabia's 2027 Budget Revenues
The Kingdom of Saudi Arabia's general budget for 2027 expects total expenditures to reach approximately 1.392 trillion riyals, while revenues are estimated to approach 1.202 trillion riyals, resulting in a deficit of about 3.6% of GDP. This comes within a fiscal policy aimed at maintaining the sustainability of public finances, with a focus on spending on developmental priorities and expanding the economic base through reforms and economic transformation. Additionally, the forecasts indicate a continued 3.2% improvement in non-oil revenues, despite a 3.6% decline in GDP due to a slowdown in oil activities. The government emphasizes that it will continue to manage public debt and financial reserves sustainably, while implementing strategic projects to foster economic growth amid the challenging international economic environment.
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