Saudi Arabia’s budget in the second quarter: 339 billion riyals in revenues and 373 billion in expenses #Urgent

The Ministry of Finance issued the Saudi Arabia budget performance report for the second quarter of 2026, with revenues estimated at 339 billion riyals, expenses of 373 billion riyals, and a budget deficit of about 34 billion riyals.
According to the budget performance report, revenues in the first half amounted to about 599.8 billion riyals, while expenses amounted to about 759.8 billion riyals, while the deficit amounted to about 160 billion riyals.

High oil revenues

In the second quarter of 2026, it amounted to about 185 billion riyals, an increase of 22% over the same quarter of the previous year.
The budget performance report showed that non-oil revenues in the second quarter of 2026 amounted to about 153.7 billion riyals, an increase of 3% over the same quarter of last year.
Oil revenues in the first half of this year amounted to about 329.8 billion riyals, an increase of 9% over the same period in 2025.

Non-oil revenues

According to a performance report for the second quarter of 2026, non-oil revenues in the first half of 2026 amounted to about 269.9 billion riyals, an increase of 2% over the same period last year.
Workers’ compensation topped actual expenses in the second quarter of 2026, amounting to about 144.4 billion riyals, an increase of 3% over the same quarter of last year.
Workers’ compensation came at the forefront of actual expenses in the first half, amounting to 295.4 billion riyals, an increase of 3% over the same period of the previous year.
The state’s general reserve balance until the end of the first half of the fiscal year 2026 amounted to 399 billion riyals, while the value of the current account amounted to about 39.9 billion riyals.
The budget performance report indicated that public debt at the end of the first half of this year amounted to about 1.68 trillion riyals, divided into 1.06 trillion riyals “internal debt” and 624.9 billion riyals “external debt.”