The Saudi budget from 2008 to 2017, in addition to the estimates for 2018 due to be announced on Tuesday (during the past 11 years) achieved net surplus of 264 billion riyals.
The budget recorded a surplus of five years in the amount of 1446 billion riyals compared to a deficit in six years' worth of 1182 billion riyals.
According to monitoring unit reports in AlEqtisadiah, the Saudi budget in 2008 achieved the highest surplus of 580.9 billion riyals, followed by 2012 with a surplus of SR 329.3 billion, and then 2011 surplus of 290.8 billion riyals.
The year 2013 was with a surplus of 157.9 billion riyals, the latest in 2010 with a surplus of 87 billion riyals.
2012 had the top revenue
With regard to revenues, the Saudi budget achieved the highest actual revenues in 2012 by reaching about SR 1246.5 billion, followed by 2013 by 1152.6 billion riyals, and then 2011 by about 117.5 billion riyals.
In 2008, revenue was amounted to 1100.99 billion riyals, in 2014 to about 1040.1 billion riyals, and in 2018 by 783.3 billion riyals, with data for 2018 estimated.
Official data have not yet been released for other than the actual years.
Revenues in 2010 were amounted to about 740.9 billion riyals, then in 2017 by about 691.5 billion riyals, in 2015 about 612.7 billion riyals, and in 2016 to about 519.4 billion riyals, the latest was in 2009 at about 509.8 billion riyals.
The income is divided into two parts, the first of which is "oil" and the second is "other."
The Saudi government, according to Vision 2030, seeks to increase the contribution of other revenues to total revenues.
Other projected revenue for 2018 is expected to reach its highest level in the years prior to 2008 until 2018 to SR 291.3 billion, representing 37.2 per cent of total revenues.
And followed the other revenues in 2017, during which the Kingdom achieved another revenue of SR 255.6 billion, which constitutes about 37 per cent of total revenues, and then in 2016 by 185.7 billion riyals, which constitutes about 35.8%.
In 2015, other revenues were amounted to about SR 166.3 billion, which constitutes about 35.8% of total revenues, then in 2014 by about 126.8 billion riyals, which constitutes about 12.2 per cent, and then in 2008 by about 117.6 billion riyals representing about 10.7 percent.
While 2013 recorded another revenue of SR 117.5 billion, representing about 10.2 per cent of total revenue, in 2012 by about 101.7 billion riyals, which constitute about 8.2 per cent, and in 2011 by about SR 83.2 billion representing about 7.4% of total revenues.
In 2009, other revenues were amounted to about SR 75.4 billion, representing about 14.8% of total revenues.
Most recently in 2010, other revenues achieved the lowest level of value by about 70.6 billion riyals, which is about 9.5 per cent.
Expenditures and distributions
On the one hand, expenditures and expenses were the highest in the year 2014 with a budget of SR 1140.6 billion, followed by 2015 by about SR 1001.3 billion, followed by 2013 by SR 994.7 billion, then in 2017 by about 930 billion riyals, then in 2012 by about 917.2 billion riyals, and in 2018 by about 840 billion riyals (estimated data).
It is followed by 2016 by about 830.5 billion riyals, then in 2011 by about 826.7 billion riyals, then in 2010 by about 653.9 billion riyals, and in 2009 by about 596.4 billion riyals, and the latest was 2008 at about 520.1 billion riyals.
"Education" and "Health and Social Development" are at the top in the budget
According to Saudi budget allocations to sectors from 2016 to 2018, it is clear that the sectors of education, health and social development are the most heavily paid sectors of the Saudi government.
This reflects the leadership's interest in the two main sectors that contribute to raising the standard of living of citizens.
The two sectors accounted for 34.7 per cent of the total estimated 2018 expenditure, which were amounting to about 338.9 billion riyals, and accounted for about 36% of the total expenditure of 2017 billion riyals.
In 2016, both sectors were accounted for 39.5 per cent of the total estimated expenditure of 331.98 billion riyals.
The third largest sector to take over the estimated expenditure for the year 2018 is the "military sector" by about 210 billion riyals, which was accounting for 21.5 per cent of the estimated total expenditure, compared with 21.4 per cent in 2017 and 21.3 per cent in 2016.
The "economic resources" sector came fourth with about 105.3 billion riyals, which constitutes about 10.8 per cent of the estimated 2018 expenditure, compared to 5.3 per cent in 2017 and 4.4 per cent in 2016.
The sector of "security and administrative areas" were amounted about 100.8 billion riyals, which constitutes about 10.3 per cent of the total estimated expenditure 2018, compared with 10.9 per cent in 2017 and 12.2 per cent in 2016.
It is followed by the General Programs Unit at SR 89.2 billion, which is representing 9.1 per cent of the total estimated 2018 expenditure, compared with 12.1 per cent in 2017 and 11.4 per cent in 2016.
The "Basic Equipment and Transport" sector came after it by SR 54.2 billion, which is representing 5.5 per cent of the total estimated 2018 expenditure, compared with 5.4 per cent in 2017 and 5.4 per cent in 2016.
The "municipal services" sector accounted for spending of SR 53.4 billion, which is accounting for about 5.5 per cent of the total estimated 2018 expenditures, compared with 5.4 per cent in 2017 and 4.1 per cent in 2016.
At last, the "public administration" sector were accounted for an expenditure of SR 26.2 billion, which is representing about 2.7% of the total estimated 2018 expenditure, compared to 3.0 per cent for 2017 and 3.4 per cent for 2016.
* Economic Reports Unit
