Saudi Arabia Primary government expenditures as a proportion of original approved budget (%) 2023: Interactive Chart & Historical Data

Current level: 114.45 (2023-01-01)

Primary government expenditures as a proportion of original approved budget (%) tracks the fiscal position and borrowing levels of Saudi Arabia. Debt indicators are essential for assessing sovereign creditworthiness, fiscal sustainability, and the government's capacity to respond to economic shocks. Investors and rating agencies monitor debt levels to evaluate default risk, currency stability, and the long-term trajectory of public finances. In Saudi Arabia, Primary government expenditures as a proportion of original approved budget (%) is influenced by tax revenues, government spending programs, interest rates, and economic growth. High or rapidly growing debt can constrain future policy options, while prudent fiscal management supports investor confidence and lower borrowing costs. The most recent data point shows 114.45 as of 2023-01-01. This dataset spans 2007–2023, covering 17 annual observations. Data is sourced from World Bank and updated regularly on EconDash. Use EconDash's interactive chart to explore debt dynamics over time, compare Saudi Arabia with fiscal peers, and analyze debt-to-GDP ratios.