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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. On the other hand 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 2020 was between 11.8 billion and 228.9 billion USD. The highest level of the last years at 229 billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is in Saudi Arabia a debt of 6,574 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt of the last 22 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 USD1,196 USD25,920 USD
201684.44 bn USD2,603 USD26,262 USD
2017118.16 bn USD3,570 USD27,025 USD
2018154.98 bn USD4,599 USD28,454 USD
2019183.15 bn USD5,344 USD27,178 USD
2020228.86 bn USD6,574 USD30,798 USD

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


      Saudi Arabia       European Union

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