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Budget 2027: Top 10 Saudi Economic Trends
The Saudi Financial Framework issued its preliminary budget for 2027, affirming the strength of the national economy and its resilience in facing geopolitical and regional challenges. The key figures include projected revenues of 1.202 trillion riyals and expenditures close to 1.392 trillion riyals, with a fiscal deficit of 3.6% of GDP (191 billion riyals). It is anticipated that real GDP will grow by a record 12.8%, and nominal GDP will exceed 5.358 trillion riyals. The budget highlights continued non-oil growth, which contributed 57.3% of the output in the first half of 2026, along with the strengthening of financial reserves and managed assets, as well as ongoing public debt financing while maintaining its sustainability. These numbers reflect a clear strategic direction towards economic diversification and financial sustainability in the Kingdom, aimed at supporting its Vision 2030.
Notice: This Is an AI-Generated Summary
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