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Country or Region: Saudi Arabia › Change country
Economic Indicator: Total Government Gross Debt (National Currency) › See all Saudi Arabia indicators, › See Total Government Gross Debt (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Saudi Riyal
Currency Symbol: SAR

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110). Source: Ministry of Finance Latest actual data: 2009 Fiscal assumptions: The authorities adopt a conservative assumption for oil prices - the 2011 budget is based on a price of $54 a barrel - with the result that fiscal outcomes often differ significantly from the budget. IMF staff projections of oil revenues are based on WEO baseline oil prices discounted by 5 percent, reflecting the higher sulfur content in Saudi crude oil. Regarding non-oil revenues, customs receipts are assumed to grow in line with imports, investment income in line with the London interbank offered rate (LIBOR), and fees and charges as a function of non-oil GDP. On the expenditure side, wages are assumed to rise above the natural rate of increase, reflecting a salary increase of 15 percent distributed during 2008?10,

Total Government Gross Debt (National Currency) for Saudi Arabia is SAR 180.03 Billion.

In the previous year, 2009, Total Government Gross Debt (National Currency) for Saudi Arabia was SAR 225.10 Billion Total Government Gross Debt (National Currency) for Saudi Arabia in 2010 was or will be 20.02% less than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Gross Debt (National Currency) for Saudi Arabia was or will be SAR 180.03 Billion, which is 0.00% more than the 2010 figure.