Saudi non-oil revenue hits record SAR 153.7bn in Q2 2026
Saudi Arabia’s non-oil revenue reached a record SAR 153.7 billion in Q2 2026, accounting for 45.4% of total budget revenue for the quarter.
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Saudi Arabia’s non-oil revenue reached its highest-ever quarterly level in the second quarter of 2026, totaling SAR 153.7 billion and making up 45.4% of total budget revenue for the period.
Budget performance data for Q2 2026 showed that non-oil revenue’s share rose compared to the first quarter, when it represented 44.5% of total revenue. Non-oil revenue also grew 3% year-on-year and surged 32.2% compared to Q1 2026.
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Meanwhile, oil revenue for the budget climbed to SAR 185.1 billion in Q2 2026, up 22% year-on-year and jumping 27.9% compared to the previous quarter.
Oil revenue contributed around 55% of total budget revenue in the second quarter, marking its highest level since Q3 2024.
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Total actual revenue for the Saudi budget in Q2 2026 reached SAR 338.784 billion, while total expenditure stood at SAR 373 billion, resulting in a fiscal deficit of about SAR 34.2 billion.