Saudi Arabia recorded a 31 percent rise in government revenues to reach SR1.26 trillion ($335.6 billion) in 2022, the Ministry of Finance said on Thursday.
The Kingdom posted a budget surplus of SR103.9 billion, up from prior estimates of SR102 billion.
Oil revenue reached SR857.3 billion, while non-oil revenue was recorded at SR410.9 billion in 2022.
In the fourth quarter of 2022, actual revenue reached SR317.9 billion, while expenditures stood at SR363.7 billion. The Kingdom posted a deficit of SR45.7 billion in the three-month period.
[Click here to read the report from the Ministry of Finance]
