Saudi Arabia Government Spending
Saudi Arabia · Quarterly series · EC-SA-GSP
Latest, Q2 2026
228.80B SAR
-9.3% from Q1 2026
Forecast
Forecast for Q2 2027: 237.76B SAR, with an 80% interval of 216.76B SAR to 260.40B SAR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q3 2026 | 243.84B SAR | 230.50B SAR | 257.81B SAR |
| Q4 2026 | 281.39B SAR | 227.31B SAR | 331.52B SAR |
| Q1 2027 | 255.59B SAR | 227.91B SAR | 281.66B SAR |
| Q2 2027 | 237.76B SAR | 216.76B SAR | 260.40B SAR |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +34%Beats the no-change baseline over 8 tests (8 tests, 7 won)
- Direction
- 81%No clear edge over a coin flip (26 of 32 calls right in 8 tests)
- Turning points
- 19 of 19Anticipated most turns (19 turns in 8 tests, 0 without a turn)
- Error vs baseline
- 34% lowerError ratio 0.66; 1.00 is a tie.
- Tests won
- 7 / 8Complete rolling backtests; ties count as no win.
- Test period
- 2018-09-01 to 2026-06-014 observations ahead per test.
- 80% band coverage
- 84%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-06-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 69% of the 39 earlier readings since Q3 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q2 2026 | 228.80B SAR |
| Q1 2026 | 252.28B SAR |
| Q4 2025 | 270.87B SAR |
| Q3 2025 | 236.07B SAR |
| Q2 2025 | 217.96B SAR |
| Q1 2025 | 229.78B SAR |
| Q4 2024 | 291.31B SAR |
| Q3 2024 | 241.13B SAR |
| Q2 2024 | 241.88B SAR |
| Q1 2024 | 226.67B SAR |
| Q4 2023 | 280.71B SAR |
| Q3 2023 | 223.58B SAR |
| Q2 2023 | 217.94B SAR |
| Q1 2023 | 211.81B SAR |
| Q4 2022 | 267.81B SAR |
| Q3 2022 | 207.98B SAR |
| Q2 2022 | 214.13B SAR |
| Q1 2022 | 176.00B SAR |
| Q4 2021 | 243.15B SAR |
| Q3 2021 | 182.69B SAR |
| Q2 2021 | 186.18B SAR |
| Q1 2021 | 168.31B SAR |
| Q4 2020 | 241.62B SAR |
| Q3 2020 | 182.66B SAR |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Saudi Arabia Government Spending in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Saudi Arabia
- Saudi Arabia Balance Of Trade
- Saudi Arabia Banks Balance Sheet
- Saudi Arabia Business Confidence Index
- Saudi Arabia CO2 Emissions
- Saudi Arabia CPI Housing Utilities
- Saudi Arabia CPI Transportation
- Saudi Arabia Capital Flows
- Saudi Arabia Central Bank Balance Sheet
- Saudi Arabia Changes In Inventories
- Saudi Arabia Consumer Confidence Index
- Saudi Arabia Consumer Price Index
- Saudi Arabia Consumer Spending