Saudi budget spending falls to SAR 373bn in Q2 after Q1 peak
Saudi Arabia’s budget expenditure rose 11% year-on-year to SAR 373 billion in Q2 2026, but declined 3.5% from the previous quarter’s peak.
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Saudi Arabia’s budget expenditure climbed to SAR 373 billion in the second quarter of 2026, marking an 11% increase compared to the same period last year, when spending reached SAR 336 billion.
According to the Ministry of Finance’s Q2 2026 budget performance report, expenditure fell by 3.5% from the first quarter of this year, when it stood at SAR 386.685 billion.
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The Q2 2026 budget recorded total actual revenues of SAR 338.784 billion, compared to total expenditure of SAR 373 billion, resulting in a fiscal deficit of around SAR 34.2 billion.
Revenues for the period included SAR 185.1 billion from oil and SAR 153.7 billion from non-oil sources, with non-oil revenues accounting for 45% of total budget income in the second quarter of 2026.