Saudi Arabia - Current account balance (% of GDP)

Current account balance (% of GDP) in Saudi Arabia was -3.08 as of 2020. Its highest value over the past 49 years was 50.70 in 1974, while its lowest value was -20.81 in 1991.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1971 13.52
1972 21.62
1973 16.86
1974 50.70
1975 30.75
1976 22.44
1977 16.16
1978 -2.76
1979 9.12
1980 25.22
1981 21.50
1982 4.94
1983 -13.05
1984 -15.38
1985 -12.45
1986 -13.55
1987 -11.39
1988 -8.31
1989 -9.99
1990 -3.53
1991 -20.81
1992 -12.92
1993 -12.97
1994 -7.75
1995 -3.71
1996 0.43
1997 0.18
1998 -8.95
1999 0.25
2000 7.55
2001 5.08
2002 6.26
2003 13.00
2004 20.07
2005 27.40
2006 26.25
2007 22.44
2008 25.46
2009 4.88
2010 12.64
2011 23.62
2012 22.39
2013 18.14
2014 9.75
2015 -8.67
2016 -3.70
2017 1.52
2018 9.15
2019 4.82
2020 -3.08

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments