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

The value for External balance on goods and services (constant LCU) in Saudi Arabia was 492,913,000,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 559,445,000,000 in 2018 and a minimum value of 279,688,000,000 in 2014.

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 constant local currency.

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

Year Value
2010 328,606,000,000
2011 392,695,000,000
2012 376,585,000,000
2013 351,470,000,000
2014 279,688,000,000
2015 296,692,000,000
2016 532,922,000,000
2017 493,861,000,000
2018 559,445,000,000
2019 432,015,000,000
2020 492,913,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts