Saudi Arabia - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Saudi Arabia was 54,685,040,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 690,801,000,000 in 2012 and a minimum value of -109,863,000,000 in 2015.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 4,337,823,000
1969 4,692,762,000
1970 7,074,496,000
1971 11,626,980,000
1972 17,349,670,000
1973 43,651,810,000
1974 80,178,410,000
1975 84,899,090,000
1976 80,158,930,000
1977 65,013,000,000
1978 21,063,000,000
1979 77,490,000,000
1980 197,908,000,000
1981 204,000,000,000
1982 61,009,000,000
1983 -41,094,000,000
1984 -45,109,000,000
1985 -24,729,000,000
1986 -29,250,000,000
1987 -20,125,000,000
1988 -12,821,000,000
1989 -15,467,000,000
1990 39,478,000,000
1991 9,495,000,000
1992 16,026,000,000
1993 4,475,000,000
1994 40,147,000,000
1995 51,717,000,000
1996 79,573,000,000
1997 81,602,000,000
1998 17,483,000,000
1999 69,661,000,000
2000 132,500,000,000
2001 108,458,000,000
2002 123,041,000,000
2003 177,047,000,000
2004 260,888,000,000
2005 395,661,000,000
2006 419,484,000,000
2007 389,887,000,000
2008 548,133,000,000
2009 149,952,000,000
2010 328,606,000,000
2011 668,427,000,000
2012 690,801,000,000
2013 591,537,000,000
2014 371,844,000,000
2015 -109,863,000,000
2016 10,311,960,000
2017 142,566,000,000
2018 394,977,000,000
2019 250,947,000,000
2020 54,685,040,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts