CAIRO - Saudi Arabia's budget deficit widened to 94.85 ​billion riyals ($25.28 ⁠billion) riyals in the fourth quarter of 2025, from ‌88.5 billion riyals in the previous quarter, the kingdom's finance ministry ​said on Monday as expenditures climbed.

* The kingdom's total spending reached 371 ​billion riyals ​in Q4, up from 358.4 billion riyals in Q3.

* Total revenues increased to 276 billion riyals in Q4, compared to ⁠269 billion in the previous quarter.

* A ramp up in oil production in the world's top oil exporter helped lift revenue from oil to 154.185 billion riyals in Q4 from ​150.816 ‌billion riyals in ⁠Q3, but ⁠total oil revenue was down 20% in 2025 from the previous ​year.

* Non-oil revenue meanwhile jumped to ‌122.6 billion riyals in Q4, from 119 billion ⁠riyals in the third quarter, but growth was almost flat over the full year from 2024.

* Saudi Arabia has maintained an expansionary fiscal policy to support economic diversification under Vision 2030, even as oil price volatility pressures the budget.

* The Gulf kingdom's 2025 budget deficit was at 276 billion riyals, more than the expected deficit of ‌245 billion, which had been significantly revised upwards from ⁠initial estimates.

* Total debt at the ​end of 2025 stood at 1.52 trillion riyals, up from 1.22 trillion at the end of 2024, as the kingdom ​borrows to plug ‌the deficit.

($1 = 3.7515 riyals)

(Reporting by Jaidaa Taha, ⁠Elwelly Elwely and Nayera ​Abdallah, Editing by Rachna Uppal and Timothy Heritage)