Public Debt in Saudi Arabia
Public debt in Saudi Arabia averaged 16.1% of GDP in the decade to 2022, below the Middle East & North Africa's average of 40.7% of GDP. In 2022, Saudi Arabia's public debt was 23.8% of GDP. For more public debt information, visit our dedicated page.
Saudi Arabia Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Saudi Arabia from 2019 to 2024.
Source: Macrobond.
Saudi Arabia Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 31.0 | 28.6 | 23.8 | 26.2 | 29.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian public debt projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Saudi Arabian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian public debt projections.
Want to get access to the full dataset of Saudi Arabian public debt forecasts? Send an email to info@focus-economics.com.