How long has Saudi Arabia been in bankruptcy?

Saudi arabia is not in bankruptcy. But it's economy is going through what you call depression. cuz of the war and the low oil prices the saudi government implemebted VAT(value added tax) i think the country is going through an interesting phase. read more

If the oil futures market is correct, Saudi Arabia will start running into trouble within two years. It will be in existential crisis by the end of the decade. The contract price of US crude oil for delivery in December 2020 is currently $62.05, implying a drastic change in the economic landscape for the Middle East and the petro-rentier states. read more

Can’t say much, but possibly not. Yes, Saudi Arabia has huge oil reserves, one of its only valuable resources, which accounts for around 90% of Saudi Arabia’s revenue. read more

Saudi Arabia currently has $654.5 billion in foreign reserves, but the cash is disappearing quickly. The Saudi Arabian Monetary Agency has withdrawn $70 billion in funds managed by overseas financial institutions, and has lost almost $73 billion since oil prices slumped, according to Al-Jazeera. read more