Subsidies and other transfers in Saudi Arabia
Saudi Arabia: Subsidies and other transfers was 11.3% in 2023. ▲ Rising
Subsidies and other transfers in Saudi Arabia, 2010–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Saudi Arabia stood at 11.3%.
That represents a change of up 2.7% on the previous year and up 7.8% over ten years.
Over the whole period, subsidies and other transfers in Saudi Arabia peaked at 19.2% in 2012 and was at its lowest, 7.0%, in 2010.
Saudi Arabia ranks 146th of 152 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Subsidies and other transfers in Saudi Arabia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 7.0% | — |
| 2011 | 8.9% | +26.2% |
| 2012 | 19.2% | +116.5% |
| 2013 | 10.5% | -45.6% |
| 2014 | 11.9% | +13.6% |
| 2015 | 10.6% | -10.9% |
| 2016 | 7.7% | -27.5% |
| 2017 | 8.2% | +6.6% |
| 2018 | 8.4% | +2.8% |
| 2019 | 13.2% | +57.4% |
| 2020 | 12.9% | -2.7% |
| 2021 | 11.2% | -13.0% |
| 2022 | 11.0% | -2.0% |
| 2023 | 11.3% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.6% | 7.0% | 19.2% | 10 |
| 2020s | 11.6% | 11.0% | 12.9% | 4 |
Countries ranked near Saudi Arabia
- 143 Guinea-Bissau 11.9% compare
- 144 Mozambique 11.9% compare
- 145 Lao People's Democratic Republic 11.7% compare
- 147 Congo, Democratic Republic of the 10.7% compare
- 148 Tonga 10.6% compare
- 149 Afghanistan 10.5% compare
More public sector data for Saudi Arabia
- Arms imports 1.11 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 31.47 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0009 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -14.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.11 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,276 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0641 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.3 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 80.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 602.88 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Saudi Arabia?
- Subsidies and other transfers in Saudi Arabia was 11.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Saudi Arabia?
- The highest recorded value was 19.2% in 2012.
- What is the lowest subsidies and other transfers recorded in Saudi Arabia?
- The lowest recorded value was 7.0% in 2010.
- How does Saudi Arabia rank for subsidies and other transfers?
- Saudi Arabia ranks 146th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Saudi Arabia?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.