Public Debt Summary
- As at 31 December 201225, the Government's total outstanding direct indebtedness amounted to SAR 142.2 billion (U.S.$37.9 billion), which entirely comprised domestic indebtedness and which represented 5.8 per cent. of Saudi Arabia's nominal GDP for the year ended 31 December 2015.
- As at 31 December 2016, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 316.6 billion (U.S.$84.4 billion), comprising SAR 213.5 billion (U.S.$56.9 billion) of domestic indebtedness and SAR 103.1 billion (U.S.$27.5 billion) of external indebtedness.
- As at 31 December 2017, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 443.3 billion (U.S.$118.2 billion), comprising SAR 259.5 billion (U.S.$69.2 billion) of domestic indebtedness and SAR 183.8 billion (U.S.$49.0 billion) of external indebtedness.
- As at 31 December 2018, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 560.0 billion (U.S.$149.3 billion), comprising SAR 305.0 billion (U.S.$81.3 billion) of domestic indebtedness and SAR 255.0 billion (U.S.$68.0 billion) of external indebtedness.
- As at 30 December 2019, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 677.9 billion (U.S.$180.8 billion), comprising SAR 372.8 billion (U.S.$99.4 billion) of domestic indebtedness and SAR 305.2 billion (U.S.$81.4 billion) of external indebtedness.
- As at end of December 2020, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 853.5 billion (U.S.$227.6 billion), comprising SAR 502.6 billion (U.S.$134.0 billion) of domestic indebtedness and SAR 350.9 billion (U.S.$ 93.6 billion) of external indebtedness.
- As at end of Dec 2021, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 938.0 billion (U.S.$250.1 billion), comprising SAR 558.7 billion (U.S.$149.0 billion) of domestic indebtedness and SAR 379.3 billion (U.S.$ 101.1 billion) of external indebtedness.
- As at end of Dec 2022, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 990.1 billion (U.S.$264 billion), comprising SAR 615 billion (U.S.$164 billion) of domestic indebtedness and SAR 375.1 billion (U.S.$ 100 billion) of external indebtedness.
- As at end of December 2023, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 1,050.3 billion (U.S.$280.1 billion), comprising SAR 644.4 billion (U.S.$171.8 billion) of domestic indebtedness and SAR 405.9 billion (U.S.$ 108.2 billion) of external indebtedness.
- As at end of December 2024, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 1,215.9 billion (U.S.$324.2 billion), comprising SAR 738.3 billion (U.S.$196.9 billion) of domestic indebtedness and SAR 477.7 billion (U.S.$127.4 billion) of external indebtedness.
- As at end of June 2025, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 1,386.4 billion (U.S.$369.7 billion), comprising SAR 871.3 billion (U.S.$232.3 billion) of domestic indebtedness and SAR 515.1 billion (U.S.$137.4 billion) of external indebtedness.
- As at end of September 2025, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 1,466.7 billion (U.S.$391.1 billion), comprising SAR 930.1 billion (U.S.$248.0 billion) of domestic indebtedness and SAR 536.5 billion (U.S.$143.1 billion) of external indebtedness.
- As at end of December 2025, Saudi Arabia's total outstanding direct indebtedness amounted to SAR 1,519.0 billion (U.S.$405.1 billion), comprising SAR 943.4 billion (U.S.$251.6 billion) of domestic indebtedness and SAR 575.7 billion (U.S.$153.5 billion) of external indebtedness.
- The following table sets forth the Government's total outstanding direct indebtedness (external and domestic) as of 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, and 2015, respectively. In addition to 2025 as the end of December 2025.
Government’s total outstanding direct indebtedness
The following table sets forth the Government's total outstanding as of 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024, respectively.
98
Borrowed During Period
-
Repaid During Period
142.2
Indebtedness Outstanding at End of Period
221.4
Change (%)
2,600
GDP (Nominal)
5.5
Ratio of Public Debt to Nominal GDP (%)
142.2
Government's total outstanding direct indebtedness (SAR)
37.9
Government's total outstanding direct indebtedness (USD)
142.2
Government's total domestic indebtedness (SAR)
37.9
Government's total domestic indebtedness (USD)
0
Government's total external indebtedness (SAR)
0
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
200.1
Borrowed During Period
25.8
Repaid During Period
316.6
Indebtedness Outstanding at End of Period
122.5
Change (%)
2,585
GDP (Nominal)
12.2
Ratio of Public Debt to Nominal GDP (%)
316.6
Government's total outstanding direct indebtedness (SAR)
84.4
Government's total outstanding direct indebtedness (USD)
213.5
Government's total domestic indebtedness (SAR)
56.9
Government's total domestic indebtedness (USD)
103.1
Government's total external indebtedness (SAR)
27.5
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
139.1
Borrowed During Period
12.4
Repaid During Period
443.3
Indebtedness Outstanding at End of Period
40
Change (%)
2,780
GDP (Nominal)
15.9
Ratio of Public Debt to Nominal GDP (%)
443.3
Government's total outstanding direct indebtedness (SAR)
118.2
Government's total outstanding direct indebtedness (USD)
259.5
Government's total domestic indebtedness (SAR)
69.2
Government's total domestic indebtedness (USD)
183.8
Government's total external indebtedness (SAR)
49
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
120
Borrowed During Period
3.3
Repaid During Period
560
Indebtedness Outstanding at End of Period
26.3
Change (%)
3,325
GDP (Nominal)
16.8
Ratio of Public Debt to Nominal GDP (%)
560
Government's total outstanding direct indebtedness (SAR)
149.3
Government's total outstanding direct indebtedness (USD)
305
Government's total domestic indebtedness (SAR)
81.3
Government's total domestic indebtedness (USD)
255
Government's total external indebtedness (SAR)
68
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
120
Borrowed During Period
2
Repaid During Period
677.9
Indebtedness Outstanding at End of Period
21.1
Change (%)
3,333
GDP (Nominal)
20.3
Ratio of Public Debt to Nominal GDP (%)
677.9
Government's total outstanding direct indebtedness (SAR)
180.8
Government's total outstanding direct indebtedness (USD)
372.8
Government's total domestic indebtedness (SAR)
99.4
Government's total domestic indebtedness (USD)
305.2
Government's total external indebtedness (SAR)
81.4
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
220
Borrowed During Period
44.4
Repaid During Period
853.5
Indebtedness Outstanding at End of Period
25.9
Change (%)
2,880
GDP (Nominal)
29.6
Ratio of Public Debt to Nominal GDP (%)
853.5
Government's total outstanding direct indebtedness (SAR)
227.6
Government's total outstanding direct indebtedness (USD)
502.6
Government's total domestic indebtedness (SAR)
134
Government's total domestic indebtedness (USD)
350.9
Government's total external indebtedness (SAR)
93.6
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
157.92
Borrowed During Period
73.4
Repaid During Period
938
Indebtedness Outstanding at End of Period
9.9
Change (%)
3,685
GDP (Nominal)
25.5
Ratio of Public Debt to Nominal GDP (%)
938
Government's total outstanding direct indebtedness (SAR)
250.1
Government's total outstanding direct indebtedness (USD)
558.7
Government's total domestic indebtedness (SAR)
149
Government's total domestic indebtedness (USD)
379.3
Government's total external indebtedness (SAR)
101.1
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
125.4
Borrowed During Period
73.3
Repaid During Period
990.1
Indebtedness Outstanding at End of Period
5.6
Change (%)
4,647
GDP (Nominal)
21.3
Ratio of Public Debt to Nominal GDP (%)
990.1
Government's total outstanding direct indebtedness (SAR)
264
Government's total outstanding direct indebtedness (USD)
615
Government's total domestic indebtedness (SAR)
164
Government's total domestic indebtedness (USD)
375.1
Government's total external indebtedness (SAR)
100
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
189.2
Borrowed During Period
128.7
Repaid During Period
1,050.3
Indebtedness Outstanding at End of Period
6.1
Change (%)
4,570
GDP (Nominal)
23
Ratio of Public Debt to Nominal GDP (%)
1,050.3
Government's total outstanding direct indebtedness (SAR)
280.1
Government's total outstanding direct indebtedness (USD)
644.4
Government's total domestic indebtedness (SAR)
171.8
Government's total domestic indebtedness (USD)
405.9
Government's total external indebtedness (SAR)
108.2
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
244.9
Borrowed During Period
79.2
Repaid During Period
1,215.9
Indebtedness Outstanding at End of Period
15.8
Change (%)
4,703
GDP (Nominal)
25.9
Ratio of Public Debt to Nominal GDP (%)
1,215.9
Government's total outstanding direct indebtedness (SAR)
324.2
Government's total outstanding direct indebtedness (USD)
738.3
Government's total domestic indebtedness (SAR)
196.9
Government's total domestic indebtedness (USD)
477.7
Government's total external indebtedness (SAR)
127.4
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
400.9
Borrowed During Period
98.6
Repaid During Period
1,519
Indebtedness Outstanding at End of Period
24.9
Change (%)
4,789
GDP (Nominal)
31.7
Ratio of Public Debt to Nominal GDP (%)
1,519
Government's total outstanding direct indebtedness (SAR)
405.1
Government's total outstanding direct indebtedness (USD)
943.4
Government's total domestic indebtedness (SAR)
251.6
Government's total domestic indebtedness (USD)
575.7
Government's total external indebtedness (SAR)
153.5
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
157.4
Borrowed During Period
9.2
Repaid During Period
1,667.2
Indebtedness Outstanding at End of Period
9.8
Change (%)
4,965
GDP (Nominal)
33.6
Ratio of Public Debt to Nominal GDP (%)
1,667.2
Government's total outstanding direct indebtedness (SAR)
444.6
Government's total outstanding direct indebtedness (USD)
1,042.8
Government's total domestic indebtedness (SAR)
278.1
Government's total domestic indebtedness (USD)
624.4
Government's total external indebtedness (SAR)
166.5
Government's total external indebtedness (USD)
Source: National Debt Management Center, Ministry of Finance
1. As per General Authority for Statistics.
2. 2021 figure is including an amount of SAR 33bn related to a switch transaction executed end of 2021.
3. 2022 figure is including SAR 26 bn related to the switch transaction executed in 2022.
4. 2023 figure is including SAR 35.96 bn additional issuances under the early purchase transaction executed in 2023.
5. 2023 figure is including redeemed amount of SAR 35.71 bn under the early purchase transaction executed in 2023.
6. 2024 figure is including SAR 64 bn additional issuances under the early purchase transaction executed in 2024.
7. 2024 figure is including redeemed amount of SAR 63 bn under the early purchase transaction executed in 2024.
8. 2025 figure is including redeemed amount of SAR 60.3 bn under the early purchase transaction executed in 2025.
9. 2025 figure is including SAR 60.4 bn additional issuances under the early purchase transaction executed in 2025.
10. According to the GDP projections for 2026 outlined in the official Budget statement for the fiscal year of 2026.
Note:
· Numbers are rounded.
The following table sets forth a breakdown of the Government outstanding direct domestic Issuances (in primary local market excluding switch transactions) by creditor type, as of 31 December 2025 ,2024 ,2023, 2022, 2021, 2020, 2019, and 2018 respectively. In addition to 2026 as the end of March 2026.
Local Issuances
The following table sets forth the Government's total outstanding as of 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025 and 2026, respectively.
10,649
Government Institutions
11,829
Local Banks
2,029
Foreign Investors
0.18
Individuals
1,067
Financial Institutions & Corporates
25,574
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
1,171
Government Institutions
45,670
Local Banks
6,988
Foreign Investors
19.14
Individuals
4,540
Financial Institutions & Corporates
58,389
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
7,826
Government Institutions
54,316
Local Banks
3,221
Foreign Investors
21
Individuals
5,471
Financial Institutions & Corporates
70,856
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
9,181
Government Institutions
32,572
Local Banks
2,406
Foreign Investors
17
Individuals
1,433
Financial Institutions & Corporates
45,611
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
19,352
Government Institutions
55,039
Local Banks
200
Foreign Investors
4
Individuals
1,896
Financial Institutions & Corporates
76,492
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
13,950
Government Institutions
58,322
Local Banks
80
Foreign Investors
31
Individuals
2,888
Financial Institutions & Corporates
75,271
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
41,770
Government Institutions
42,256
Local Banks
81
Foreign Investors
4
Individuals
928
Financial Institutions & Corporates
85,039
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
9,317
Government Institutions
54,206
Local Banks
50
Foreign Investors
8
Individuals
6,257
Financial Institutions & Corporates
69,838
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.
9,115
Government Institutions
39,600
Local Banks
0
Foreign Investors
0
Individuals
35
Financial Institutions & Corporates
48,750
Total Issuances
Source: National Debt Management Center, Ministry of Finance
Note:
· Numbers are rounded.