Saudi Arabia National Government Debt

2004 - 2023 | Yearly | USD mn | CEIC Data

Key information about Saudi Arabia National Government Debt

  • Saudi Arabia National Government Debt reached 273.1 USD bn in Dec 2023, compared with 264.0 USD bn in the previous year.
  • Saudi Arabia National Government Debt data is updated yearly, available from Dec 2004 to Dec 2023.
  • The data reached an all-time high of 273.1 USD bn in Dec 2023 and a record low of 11.8 USD bn in Dec 2014.

CEIC converts annual Government Debt into USD. The Ministry of Finance provides Outstanding Government Domestic Debt in local currency. Saudi Central Bank period end market exchange rate is used for currency conversions.


Related information about Saudi Arabia National Government Debt
  • In the latest reports, Saudi Arabia Consolidated Fiscal Balance registered a surplus equal to 2.5 % of its Nominal GDP in Dec 2022.
  • The country's Government debt accounted for 24.8 % of its Nominal GDP in Sep 2023.
  • Saudi Arabia Nominal GDP reached 267.9 USD bn in Mar 2023.

View Saudi Arabia's National Government Debt from 2004 to 2023 in the chart:

Saudi Arabia National Government Debt

What was Saudi Arabia's National Government Debt in 2023?

Saudi Arabia National Government Debt reached 273.1 USD bn in Dec 2023, compared with 264.0 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
273,066.7 2023 264,022.3 2022 11,802.7 2014 273,066.7 2023 USD mn yearly 2004 - 2023

National Government Debt by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 13,499.8 Sep 2023 quarterly Sep 2010 - Sep 2023
Algeria (USD mn) 111,205.0 2022 yearly 1997 - 2022
Argentina (USD mn) 370,673.4 Dec 2023 quarterly Dec 1994 - Dec 2023
Armenia (USD mn) 11,845.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Australia (USD mn) 673,484.7 2022 yearly 1999 - 2022
Austria (USD mn) 410,557.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Azerbaijan (USD mn) 9,223.0 2021 yearly 2008 - 2021
Bahrain (USD mn) 40,419.0 Jan 2024 monthly Mar 2001 - Jan 2024
Belarus (USD mn) 23,375.7 May 2022 monthly Dec 2003 - May 2022
Belgium (USD mn) 660,312.5 Sep 2023 quarterly Mar 1980 - Sep 2023
Bolivia (USD mn) 8,960.7 2014 yearly 1998 - 2014
Bosnia and Herzegovina (USD mn) 3,441.3 2023 yearly 2007 - 2023
Botswana (USD mn) 3,497.5 2023 yearly 2002 - 2023
Brazil (USD mn) 1,670,045.4 Feb 2024 monthly Dec 2000 - Feb 2024
Bulgaria (USD mn) 22,770.7 Feb 2024 monthly Dec 2015 - Feb 2024
Canada (USD mn) 1,423,314.6 2023 yearly 1962 - 2023
Chile (USD mn) 125,588.9 Dec 2023 quarterly Mar 2002 - Dec 2023
China (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Colombia (USD mn) 226,036.5 Sep 2023 quarterly Dec 2001 - Sep 2023
Croatia (USD mn) 49,150.2 Dec 2022 monthly Dec 1995 - Dec 2022
Cyprus (USD mn) 24,851.2 Feb 2024 monthly Dec 2010 - Feb 2024
Czech Republic (USD mn) 144,278.2 Dec 2023 quarterly Mar 2000 - Dec 2023
Denmark (USD mn) 121,119.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Ecuador (USD mn) 79,608.5 Dec 2023 quarterly Dec 2005 - Dec 2023
Egypt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
Estonia (USD mn) 8,156.6 Dec 2023 quarterly Mar 2000 - Dec 2023
European Union (USD mn) 14,589,252.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Finland (USD mn) 232,882.8 Dec 2023 quarterly Mar 2000 - Dec 2023
France (USD mn) 3,430,547.4 Dec 2023 quarterly Dec 1995 - Dec 2023
Georgia (USD mn) 11,675.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (USD mn) 2,901,196.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Greece (USD mn) 381,205.0 Sep 2023 quarterly Dec 1999 - Sep 2023
Hong Kong SAR, China (USD mn) 181,662.1 2023 yearly 2003 - 2023
Hungary (USD mn) 150,420.3 Dec 2023 quarterly Dec 1989 - Dec 2023
Iceland (USD mn) 18,223.8 2022 yearly 1998 - 2022
India (USD mn) 2,045,168.5 Dec 2023 quarterly Dec 1998 - Dec 2023
Indonesia (USD mn) 530,799.5 Feb 2024 monthly Jun 2009 - Feb 2024
Ireland (USD mn) 235,561.7 Sep 2023 quarterly Mar 2000 - Sep 2023
Israel (USD mn) 310,795.6 2023 yearly 1995 - 2023
Italy (USD mn) 3,092,277.3 Jan 2024 monthly Jan 1957 - Jan 2024
Ivory Coast (USD mn) 3,853.2 2015 yearly 1975 - 2015
Japan (USD mn) 9,396,604.9 Apr 2023 monthly Apr 1982 - Apr 2023
Jordan (USD mn) 45,981.8 Nov 2023 monthly Jan 2002 - Nov 2023
Kazakhstan (USD mn) 57,122.7 Dec 2023 quarterly Mar 2005 - Dec 2023
Kenya (USD mn) 70,728.9 Dec 2023 monthly Sep 1999 - Dec 2023
South Korea (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Kosovo (USD mn) 1,875.6 2022 yearly 2009 - 2022
Kuwait (USD mn) 682.8 Jan 2024 monthly Dec 1993 - Jan 2024
Kyrgyzstan (USD mn) 6,270.5 Jan 2024 monthly Jan 2011 - Jan 2024
Latvia (USD mn) 17,359.2 Jun 2023 quarterly Mar 2000 - Jun 2023
Lebanon (USD mn) 100,370.8 Dec 2021 monthly Dec 2001 - Dec 2021
Lithuania (USD mn) 30,484.5 Dec 2023 quarterly Mar 2000 - Dec 2023
Luxembourg (USD mn) 21,543.4 Sep 2023 quarterly Dec 1995 - Sep 2023
North Macedonia (USD mn) 8,026.8 Dec 2023 quarterly Dec 2009 - Dec 2023
Malawi (USD mn) 2,620.0 2014 yearly 2010 - 2014
Malaysia (USD mn) 255,431.9 Dec 2023 quarterly Mar 1978 - Dec 2023
Malta (USD mn) 9,959.4 Sep 2023 quarterly Mar 2000 - Sep 2023
Mauritius (USD mn) 10,153.1 Dec 2023 quarterly Jun 2003 - Dec 2023
Mexico (USD mn) 926,584.2 Feb 2024 monthly Dec 2005 - Feb 2024
Moldova (USD mn) 5,894.9 Feb 2024 monthly Jan 2007 - Feb 2024
Montenegro (USD mn) 4,219.6 Sep 2023 monthly Dec 2010 - Sep 2023
Morocco (USD mn) 91,099.0 Dec 2022 quarterly Dec 2006 - Dec 2022
Nepal (USD mn) 9,555.9 2019 yearly 1990 - 2019
Netherlands (USD mn) 531,718.3 Dec 2023 quarterly Dec 1999 - Dec 2023
New Zealand (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Nigeria (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Norway (USD mn) 224,382.7 2023 yearly 1995 - 2023
Oman (USD mn) 46,137.8 2022 yearly 1990 - 2022
Panama (USD mn) 49,808.0 Feb 2024 monthly Jul 2004 - Feb 2024
Paraguay (USD mn) 13,433.8 2022 yearly 2003 - 2022
Peru (USD mn) 88,740.2 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (USD mn) 270,146.1 Feb 2024 monthly Jan 1993 - Feb 2024
Poland (USD mn) 429,770.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Portugal (USD mn) 291,024.4 Dec 2023 quarterly Mar 2000 - Dec 2023
Qatar (USD mn) 26,518.7 2012 yearly 2003 - 2012
Romania (USD mn) 174,424.0 Jan 2024 monthly Nov 2011 - Jan 2024
Russia (USD mn) 281,621.2 Feb 2024 monthly May 2009 - Feb 2024
Saudi Arabia (USD mn) 273,066.7 2023 yearly 2004 - 2023
Serbia (USD mn) 39,363.5 Feb 2024 monthly Sep 2004 - Feb 2024
Singapore (USD mn) 871,871.2 Dec 2023 quarterly Mar 1990 - Dec 2023
Slovakia (USD mn) 75,313.8 Jun 2023 quarterly Mar 2000 - Jun 2023
Slovenia (USD mn) 48,308.1 Dec 2023 quarterly Dec 1999 - Dec 2023
South Africa (USD mn) 273,059.8 Feb 2024 monthly Jan 1960 - Feb 2024
Spain (USD mn) 1,740,886.1 Dec 2023 quarterly Dec 1990 - Dec 2023
Sri Lanka (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Sweden (USD mn) 170,597.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Switzerland (USD mn) 267,524.5 2022 yearly 1990 - 2022
Taiwan (USD mn) 218,997.1 2022 yearly 1996 - 2022
Thailand (USD mn) 276,423.6 Feb 2024 monthly Oct 1997 - Feb 2024
Tunisia (USD mn) 38,631.7 Nov 2023 monthly Apr 2011 - Nov 2023
Turkey (USD mn) 254,513.1 2022 yearly 2001 - 2022
Ukraine (USD mn) 135,245.2 Feb 2024 monthly Dec 2004 - Feb 2024
United Kingdom (USD mn) 3,241,935.2 Sep 2023 quarterly Mar 1966 - Sep 2023
United States (USD mn) 34,586,533.0 Mar 2024 monthly Jan 1969 - Mar 2024
Uruguay (USD mn) 41,995.8 Dec 2023 quarterly Mar 1999 - Dec 2023
Venezuela (USD mn) 105,131.7 2016 yearly 1996 - 2016
Vietnam (USD mn) 137,176.1 2022 yearly 2010 - 2022
Yemen (USD mn) 20,434.2 2013 yearly 2004 - 2013

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Saudi Arabia Key Series

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Includes 192 key indicators for Saudi Arabia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 26.2 Dec 2023 quarterly Dec 2016 - Dec 2023
Forecast: Government Expenditure (SAR bn) 1,344.120 2028 yearly 1990 - 2028
Forecast: Government Net Debt (SAR bn) 806.352 2028 yearly 1991 - 2028
Forecast: Government Revenue (SAR bn) 1,374.230 2028 yearly 1991 - 2028
Public Debt (SAR mn) 87,982.516 2023 yearly 2004 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 111,202.9 2023 yearly 1957 - 2023
Total Exports (USD mn) 25,318.3 Jan 2024 monthly Jan 2015 - Jan 2024
Total Exports Growth (%) -10.3 Jan 2024 monthly Jan 2016 - Jan 2024
Aluminum: Exports (USD th) 3,177,047.652 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 545,269.271 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 22,592.765 2022 yearly 1995 - 2022
Total Imports (USD mn) 17,790.5 Jan 2024 monthly Jan 2005 - Jan 2024
Total Imports Growth (%) -1.4 Jan 2024 monthly Jan 2006 - Jan 2024
Imports: Medicament (USD th) 5,358,995.860 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,078,407.217 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 223.503 Jan 2024 monthly Jan 2017 - Jan 2024
Total Imports from USA (USD mn) 1,381.322 Jan 2024 monthly Jan 2005 - Jan 2024
Total Exports to China (USD mn) 1,686.288 Jan 2024 monthly Jan 2017 - Jan 2024
Total Imports from China (USD mn) 3,628.458 Jan 2024 monthly Jan 1981 - Jan 2024
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: ow China (SAR mn) 6,323.580 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: Value (SAR mn) 94,943.567 Jan 2024 monthly Jan 2015 - Jan 2024
Exports: South Korea (SAR mn) 1,865.858 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: India (SAR mn) 1,030.331 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: ow USA (SAR mn) 838.135 Jan 2024 monthly Jan 2017 - Jan 2024
Exports: Value: Asia: India (SAR mn) 157,187.346 2022 yearly 1984 - 2022
Imports: HS: Value: MC: Mineral Products (SAR mn) 60,441.675 2023 yearly 1983 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,042.009 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,729.880 2023 yearly 1970 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 103,472.691 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 138,396.368 2023 yearly 1970 - 2023
Imports: Value: European Union: Germany (SAR mn) 30,000.405 2022 yearly 1984 - 2022
Imports: Value: Asia: South Korea (SAR mn) 19,767.343 2022 yearly 1984 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,572.9 Dec 2023 quarterly Mar 2006 - Dec 2023
Current Account Balance (USD mn) 4,345.0 Dec 2023 quarterly Mar 2006 - Dec 2023
Current Account Balance: % of GDP (%) 1.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Direct Investment (USD mn) 3,516.5 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2023 quarterly Mar 2006 - Dec 2023
Foreign Portfolio Investment (USD mn) 3,396.120 Dec 2023 quarterly Mar 2008 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Forecast: Current Account Balance (USD bn) 6.924 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 785,074.650 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 616.607 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 1,074.043 Sep 2023 quarterly Mar 2018 - Sep 2023
BoP: USD: FA: Other Investment (USD mn) -12,678.459 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 19,682.520 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Other Investment: Liabilities (USD mn) 16,717.701 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 24,031.936 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Secondary Income (USD mn) -13,322.937 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 3,396.120 Dec 2023 quarterly Mar 2008 - Dec 2023
BoP: USD: FA: Portfolio Investment (USD mn) 16,286.400 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: Financial Account (FA) (USD mn) -916.716 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Reserve Assets (USD mn) -2,580.978 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: Errors and Omissions (USD mn) -3,505.581 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 49,782.867 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 79,505.705 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income: Credit (USD mn) 8,542.244 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income: Debit (USD mn) 7,765.631 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 11,200.383 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Direct Investment: Assets (USD mn) 1,572.855 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Primary Income (USD mn) 776.612 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Services (USD mn) -12,831.554 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: CA: Goods & Services: Goods (USD mn) 29,722.838 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Direct Investment (USD mn) -1,943.678 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: USD: FA: Other Investment: Assets (USD mn) 4,039.242 Dec 2023 quarterly Mar 2006 - Dec 2023
IIP: Assets (SAR mn) 5,352,001.798 2023 yearly 2007 - 2023
International Investment Position (IIP) (SAR mn) 2,944,029.939 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,407,971.859 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2023 quarterly Mar 2009 - Sep 2023
Household Debt: % of GDP (%) 11.7 Dec 2023 quarterly Dec 2003 - Dec 2023
Money Supply M1 (USD mn) 417,393.794 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply M2 (USD mn) 641,002.539 Feb 2024 monthly Jan 1993 - Feb 2024
M2 Growth (%) 10.5 Feb 2024 monthly Jan 1994 - Feb 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Mar 1980 - Mar 2024
Foreign Exchange Reserves (USD mn) 406,940.5 Feb 2024 monthly Jan 2001 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 38.579 Dec 2023 quarterly Dec 2003 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 23.4 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Mar 2024 monthly Dec 1957 - Mar 2024
Total Deposits (USD mn) 676,857.784 Feb 2024 monthly Jan 1993 - Feb 2024
Total Deposits Growth (%) 10.3 Feb 2024 monthly Jan 1994 - Feb 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 343.508 Sep 2023 quarterly Mar 1998 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 784.198 Sep 2023 quarterly Mar 1993 - Sep 2023
Household Debt (USD mn) 125,038.9 Dec 2023 quarterly Mar 1998 - Dec 2023
Total Loans (USD mn) 706,294.887 Feb 2024 monthly Jan 1997 - Feb 2024
Total Loans Growth (%) 10.85 Feb 2024 monthly Jan 1998 - Feb 2024
Private Debt: % of Nominal GDP (%) 61.93 Dec 2023 quarterly Dec 2003 - Dec 2023
Base Money (SAR mn) 382,248.004 Feb 2024 monthly Jan 2000 - Feb 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,756,193.012 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply: M3: M2 (SAR mn) 2,403,759.521 Feb 2024 monthly Jan 1993 - Feb 2024
Money Supply: M3: M2: M1 (SAR mn) 1,565,226.729 Feb 2024 monthly Jan 1993 - Feb 2024
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 547,978.862 Feb 2024 monthly Jan 2001 - Feb 2024
Official Reserve Assets (SAR mn) 1,707,388.317 Mar 2024 monthly Jan 2001 - Mar 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Banks Deposits (SAR mn) 2,538,216.688 Feb 2024 monthly Jan 1993 - Feb 2024

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