Growth in Non-Oil Revenue Bolsters Saudi Budget Resilience
Saudi Arabia’s non-oil revenue surpassed oil revenue in the third quarter of 2026 for the first time since 2020, highlighting progress in diversifying government income and strengthening the budget’s resilience to energy market volatility. The shift came as the Kingdom continued to control spending and allocate resources according to priorities, while maintaining funding for essential services and development projects in support of Vision 2030.
