Strategy Note /
Saudi Arabia

Q2 2022 Saudi Budget: Surplus exceeds budget target

  • Total revenues recorded a strong growth of 49.3% yoy to reach SAR370bn in Q2 22

  • Oil revenue increased significantly by 89.5% yoy (+36.3% qoq) to SAR250bn

  • Total expenditures increased by 15.7% yoy (+32.7% qoq) to SAR292bn in Q2 22

SNB Capital
8 August 2022
Published bySNB Capital


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