16, Dec 2019, EST.

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Country or Region: Saudi Arabia › Change country
Economic Indicator: General government total expenditure (National Currency) › See all Saudi Arabia indicators, › See General government total expenditure (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Saudi Riyal
Currency Symbol: SAR

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: Ministry of Finance or Treasury Latest actual data: 2015 Fiscal assumptions: IMF staff projections of oil revenues are based on WEO baseline oil prices. On the expenditure side, wage bill estimates incorporate 13th-month pay awards every three years in accordance with the lunar calendar. Expenditure projections take the 2016 budget as a starting point and assume that, to adjust to lower oil prices, capital spending continues to fall as a percentage of GDP over the medium term. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 1986 Basis of recording: Cash General government includes: Central Government;. The country team submits Central Government data, not General Government. Valuation of public debt: Nominal value Pr

General government total expenditure (National Currency) for Saudi Arabia is SAR 1,001.52 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

In the previous year, 2014, General government total expenditure (National Currency) for Saudi Arabia was SAR 1,140.54 Billions General government total expenditure (National Currency) for Saudi Arabia in 2015 was or will be 12.19% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (National Currency) for Saudi Arabia was or will be SAR 860.11 Billions, which is 14.12% more than the 2015 figure.