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The Saudi Cabinet will approve today, Dec. 7, the state's general budget for fiscal year 2023.
In its pre-budget statement, the Ministry of Finance estimated public revenue at SAR 1.123 trillion, and expenditures at SAR 1.114 trillion, with an expected surplus of SAR 9 billion, Argaam earlier reported.
The ministry expected revenues and expenditures to reach SAR 1.222 trillion and SAR 1.132 trillion, respectively, in 2022, with an estimated surplus of SAR 90 billion.
|
Saudi Arabia’s Actual Revenues and Expenditures (2000-2023) |
|||
|
Year |
Revenue (SAR bln) |
Expenditures (SAR bln) |
Surplus/Deficit (SAR bln) |
|
2023 estimates |
1123 |
1114 |
+9 |
|
2022 forecasts |
1222 |
1132 |
+90 |
|
2022 budget |
1045 |
955 |
+90 |
|
2021 |
965 |
1039 |
(73) |
|
2020 |
782 |
1076 |
(294) |
|
2019 |
927 |
1059 |
(133) |
|
2018 |
906 |
1079 |
(174) |
|
2017 |
692 |
930 |
(238) |
|
2016 |
519 |
831 |
(311) |
|
2015 |
613 |
1001 |
(389) |
|
2014 |
1040 |
1141 |
(101) |
|
2013 |
1153 |
995 |
158 |
|
2012 |
1247 |
917 |
329 |
|
2011 |
1118 |
827 |
291 |
|
2010 |
741 |
654 |
87 |
|
2009 |
510 |
596 |
(87) |
|
2008 |
1101 |
520 |
581 |
|
2007 |
643 |
466 |
177 |
|
2006 |
674 |
393 |
280 |
|
2005 |
564 |
346 |
218 |
|
2004 |
392 |
285 |
107 |
|
2003 |
293 |
257 |
36 |
|
2002 |
213 |
234 |
(21) |
|
2001 |
228 |
255 |
(27) |
|
2000 |
258 |
235 |
23 |
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