Saudi Arabia Current Account Balance (% GDP) Statistics

14, Dec 2019, EST.

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Country or Region: Saudi Arabia › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Saudi Arabia indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Saudi Riyal
Currency Symbol: SAR

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Saudi Arabia , Year 2015 - In Detail

Current Account Balance (% GDP) for Saudi Arabia in year 2015 is -6.35 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Saudi Arabia No. 116 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Saudi Arabia is 2.23 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Saudi Arabia was 9.78 % Current Account Balance (% GDP) for Saudi Arabia in 2015 was or will be 164.90% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Saudi Arabia was or will be -10.22 %, which is 60.88% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Saudi Arabia, in other Years
Year %
  2021 -1.333
  2020 -1.551
  2019 -2.19
  2018 -3.577
  2017 -6.073
  2016 -10.216
2015 -6.35
  2014 9.784
  2013 18.196
  2012 22.449
  2011 23.686
  2010 12.671
  2009 4.883
  2008 25.456
  2007 22.472
  2006 26.337
  2005 27.449
  2004 20.069
  2003 12.997
  2002 6.262
  2001 5.08
  2000 7.554
  1999 0.254
  1998 -8.947
  1997 0.184
  1996 0.429
  1995 -3.715
  1994 -7.758
  1993 -12.986
  1992 -12.941
  1991 -20.833
  1990 -3.53
  1989 -10.004
  1988 -8.317
  1987 -11.404
  1986 -13.564
  1985 -12.447
  1984 -15.381
  1983 -13.045
  1982 4.944
  1981 21.503
  1980 25.224