Saudi Arabia’s 2025 budget outlines a 3% deficit as the country balances fiscal discipline with ambitious economic reforms. Despite a recent dip in oil revenues due to production cuts, rising non-oil income and controlled spending signal a shift towards sustainable growth. The budget relies on a mix of domestic and external borrowing, with public debt managed to support economic stability.
The real momentum comes from non-oil sectors, now making up over half of Saudi GDP. Areas such as tourism, construction, finance, and manufacturing are expanding rapidly, driven by Vision 2030 initiatives. Tourism is set to grow with major projects and easier visa policies, while infrastructure and technology sectors benefit from public investment and digital reforms.
Investors are drawn by increased fiscal transparency, incentives for private businesses, and Saudi Arabia’s growing presence in global financial indices. Although oil prices remain uncertain, the reduction in the deficit and growth in non-oil revenues provide a cushion against volatility. Upcoming asset sales and ongoing diversification further strengthen the outlook.
Overall, Saudi Arabia’s economic plan offers investors a chance to participate in a transforming economy less dependent on oil, with multiple sectors poised for sustained growth as the country becomes a broader global business hub.