household debts in Saudi Arabia

Gross debt in Saudi Arabia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Saudi Arabia in the period from 1998 to 2021 was between 11.8 billion and 250.1 billion USD. The highest level of the last years at 250 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 6,958 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearSaudi Arabia totalSaudi Arabia per capitaEU per capita
1998149.01 bn USD7,532 USD14,079 USD
1999166.56 bn USD8,248 USD14,032 USD
2000164.31 bn USD7,952 USD11,232 USD
2001171.52 bn USD8,090 USD11,255 USD
2002182.69 bn USD8,378 USD12,258 USD
2003176.02 bn USD7,838 USD15,286 USD
2004162.82 bn USD7,039 USD17,595 USD
2005122.65 bn USD5,150 USD18,327 USD
200697.36 bn USD3,974 USD18,877 USD
200771.19 bn USD2,827 USD20,898 USD
200862.67 bn USD2,421 USD24,086 USD
200960.03 bn USD2,254 USD25,361 USD
201044.51 bn USD1,623 USD26,496 USD
201136.13 bn USD1,278 USD29,231 USD
201222.35 bn USD766 USD28,174 USD
201316.04 bn USD534 USD29,981 USD
201411.81 bn USD382 USD30,648 USD
201537.95 bn USD1,159 USD25,918 USD
201684.44 bn USD2,527 USD26,261 USD
2017118.16 bn USD3,456 USD27,024 USD
2018149.28 bn USD4,263 USD28,448 USD
2019180.72 bn USD5,044 USD27,168 USD
2020227.92 bn USD6,332 USD30,783 USD
2021250.13 bn USD6,958 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Saudi Arabia       European Union

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