Expense in Saudi Arabia
Saudi Arabia: Expense was 24.2% in 2023. ▬ Flat
Expense in Saudi Arabia, 2010–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Saudi Arabia stood at 24.2%.
Compared with earlier readings it is up 10.2% on the previous year and down 4.5% over ten years.
Over the whole period, expense in Saudi Arabia peaked at 32.0% in 2020 and was at its lowest, 22.0%, in 2022.
That places Saudi Arabia 91st out of 157 countries with data for 2023, putting it in the middle of the range.
Expense in Saudi Arabia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 24.4% | — |
| 2011 | 22.9% | -6.4% |
| 2012 | 25.3% | +10.6% |
| 2013 | 25.4% | +0.2% |
| 2014 | 27.8% | +9.7% |
| 2015 | 30.4% | +9.3% |
| 2016 | 26.9% | -11.4% |
| 2017 | 26.0% | -3.6% |
| 2018 | 26.8% | +3.1% |
| 2019 | 26.7% | -0.3% |
| 2020 | 32.0% | +19.7% |
| 2021 | 25.0% | -21.8% |
| 2022 | 22.0% | -12.2% |
| 2023 | 24.2% | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.3% | 22.9% | 30.4% | 10 |
| 2020s | 25.8% | 22.0% | 32.0% | 4 |
Countries ranked near Saudi Arabia
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 1.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9449 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 32,633 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.54 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 122,373 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.53 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7161 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Saudi Arabia?
- Expense in Saudi Arabia was 24.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Saudi Arabia?
- The highest recorded value was 32.0% in 2020.
- What is the lowest expense recorded in Saudi Arabia?
- The lowest recorded value was 22.0% in 2022.
- How does Saudi Arabia rank for expense?
- Saudi Arabia ranks 91st out of 157 countries with data for 2023.
- Is expense rising or falling in Saudi Arabia?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is flat.
- Where does this Saudi Arabia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.