22, Jan 2020, EST.

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Country or Region: Saudi Arabia › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Saudi Arabia indicators, › See Current Account Balance (US Dollars) 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. Source: Central Bank. BOP data from 2005 consitutes a break reflecting the authorities' adoption of BPM5 Latest actual data: 2015 BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Saudi Arabian riyal Data last updated: 03/2016

Current Account Balance (US Dollars) for Saudi Arabia in year 2015 is US$ -41.479 Billion. 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. 183 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Saudi Arabia is US$ 48.52 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Saudi Arabia was US$ 73.76 Billion Current Account Balance (US Dollars) for Saudi Arabia in 2015 was or will be 156.24% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Saudi Arabia was or will be US$-63.17 Billion, which is 52.28% more than the 2015 figure.