Saudi Arabia’s Budget for 2025 demonstrates fiscal discipline and forward-thinking planning, narrowing the deficit to SAR 101 billion (2.3% of GDP). With SAR 1,184 billion in projected revenues and SAR 1,285 billion in expenditures, the budget supports a 4.6% GDP growth, largely driven by the expansion of the non-oil sector, which is expected to reach 65% of GDP by 2030.

Economic diversification is progressing well, with non-oil exports growing by 9.4% in 2024 and FDI inflows reaching SAR 21.2 billion. Tourism has seen a 73% increase, with 17.5 million international visitors in 2024, reinforcing the goal of 150 million tourists by 2030.

The financial sector remains resilient, with SAR 4.4 trillion in banking assets and a 1.3% non-performing loan ratio. Public debt, forecasted at SAR 1,300 billion (29.9% of GDP), funds transformative projects like NEOM, King Salman Park, Qiddiya and Masar Makkah. The Public Investment Fund (PIF) is contributing SAR 150 billion annually, while the National Development Fund (NDF) targets SAR 570 billion in investments by 2030.

With SAR 265 billion allocated to healthcare and a focus on industrial exports and transport, inflation remains low at 1.9%, ensuring economic stability and continued growth toward Vision 2030.