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) 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.