Saudi Arabia continues to allocate a huge percentage of its annual budget to defence, but it has been shrinking in recent years. We can only publish the past 12 years, but SIPRI has data as far back as 1988 on their site. These new priorities have led to participation in a major war in Yemen, efforts to isolate Qatar that have broken up an already weak and divided Gulf Cooperation Council (GCC), and deeper tensions with Iran over its military build-up and efforts to expand its regional influence. These are important efforts, but they also leave open-ended long-term security problems. Figure One provides a graphic estimate of the total allocation of the Saudi budget by Vivian Nereim, and the Ministry of Finance Budget State for 2018 is shown below. Total aircraft - number of all military aircraft and helicopters in country. There are no near-term prospects for solving the problems both the U.S. and Saudi Arabia face in dealing with Iran and Syria, creating a stable Iraq, ending the war in Yemen, uniting the Gulf Cooperation Council states, integrating Iraq and Jordan into an effective alliance, or eliminating extremist and terrorist threats. The sector’s budget also incorporates salaries and wages of military personnel. Similarly, U.S. and other efforts to get Saudi Arabia to spend even more on security make things worse. Saudi Arabia announced a military budget of SR191 billion in 2019, the report said, with defense and military accounting for 17.3 percent of the Kingdom’s total SR1.11 trillion spending plans. More info. Here it is critical that Saudi Arabia and all its strategic partners like the United States recognize that civil stability is Saudi Arabia’s most important single security priority. He was an adviser in the media office of the late Crown Prince Sultan bin Abdul Aziz from 2005 to 2011 and has chaired the board of the Saudi Association for Media and Communication three times. If one totals up the individual new arms sales requests the DSAA reported to Congress between the beginning of 2017 and January 2018, they total $17.7 billion—dominated by a request for missile defenses and by much smaller requests from training and support services. This deficit occurred long before the major costs of implementing the 2030 reform plan could impact on the Saudi budget, and highlights the need to carefully control Saudi security spending. Al-Karni also holds the position of adviser and chair of the media and communications department and supervisor of Afaq Newspaper at King Khalid University. Ranked #1 Think Tank in U.S. by Global Go To Think Tank Index. Saudi Arabia must deal with seven critical external security objectives in the process if it is to bring security costs down to the proper levels: There is no royal road to achieving any of these objectives. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Includes training and cargo aircraft. Saudi Arabia is spending so much on its military forces and security that efforts to improve security threaten its domestic stability and security more than it improves it. Direct access to our calendar releases and historical data. This compares with 230 billion riyal deficit in 2017—some 8.9 percent of GDP. There is a good case for moderate arms imports, and continuing modernization of the areas where Saudi Arabia already has a strong base: its air force, land forces, and counter terrorism forces. Government Budget in Saudi Arabia averaged 1.05 percent of GDP from 1969 until 2019, reaching an all time high of 43.20 percent of GDP in 1973 and a record low of -25.30 percent of GDP in 1987. Click here to learn more. “Historically, the Saudi defense sector has proven lucrative for foreign defense contractors given that the country is among the leading arms importers with growing domestic capabilities,” Abdullah Jum’ah, co-chair of the USSABC and former CEO of Saudi Aramco, told Arab News on Monday. Saudi Arabia also has very real future needs: the purchase of theater ballistic missile to help limit Iran's growing conventional missile threat, and a long overdue modernization of its fleets in the Gulf and Red Sea. The CIA World Factbook estimates that the Saudi GDP was $1,798 trillion in purchasing power parity terms in 2017, and $1,787 trillion in 2016 -- measured in 2017 dollars-- ranking 16th highest in the world. Again, a relatively high figure ranking 21st in the world, but one where Saudi Arabia can only meet these challenges if brings its security spending under control, and creates a better balance between spending on security and its civil sector. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Military Expenditure in Saudi Arabia is expected to reach 55500.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. You can change your cookie settings at any time. SAR 210 billion is earmarked for Military. RIYADH: The Saudi defense industry will experience strong growth in the next decade, according to a report. The U.S. Defense Security Assistance Agency (DSAA) provides a public record of both actual U.S. arms sales to Saudi Arabia, and Saudi arms sales requests.
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