Saudi Arabia - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Saudi Arabia was 2.08 as of 2020. Its highest value over the past 52 years was 78.79 in 1973, while its lowest value was -10.70 in 1984.

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).

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

See also:

Year Value
1968 23.02
1969 23.25
1970 29.24
1971 36.07
1972 43.31
1973 78.79
1974 49.73
1975 51.60
1976 35.48
1977 24.86
1978 7.72
1979 20.61
1980 36.16
1981 32.73
1982 11.61
1983 -9.21
1984 -10.70
1985 -6.57
1986 -9.08
1987 -6.27
1988 -3.88
1989 -4.33
1990 8.96
1991 1.92
1992 3.12
1993 0.90
1994 7.93
1995 9.63
1996 13.39
1997 13.13
1998 3.18
1999 11.49
2000 18.64
2001 15.71
2002 17.30
2003 21.88
2004 26.89
2005 32.15
2006 29.72
2007 25.01
2008 28.12
2009 9.32
2010 16.59
2011 26.55
2012 25.03
2013 21.13
2014 13.11
2015 -4.48
2016 0.43
2017 5.52
2018 13.39
2019 8.44
2020 2.08

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts