Current account balance (World Bank) in OPEC in 2024 — 4.88%. Since 1977, the indicator has fallen by 0.4 pp.
1977–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: OPEC
| Year | % | Change, pp |
|---|---|---|
| 2024 | 4.88 | −1.52 pp |
| 2023 | 6.4 | −4.89 pp |
| 2022 | 11.29 | +6.58 pp |
| 2021 | 4.71 | +7.81 pp |
| 2020 | -3.1 | −5.49 pp |
| 2019 | 2.4 | −4.29 pp |
| 2018 | 6.69 | +5.04 pp |
| 2017 | 1.64 | +4.79 pp |
| 2016 | -3.14 | +3.26 pp |
| 2015 | -6.4 | −11.92 pp |
| 2014 | 5.52 | −5.59 pp |
| 2013 | 11.12 | −3.51 pp |
| 2012 | 14.63 | −0.37 pp |
| 2011 | 15 | +5.94 pp |
| 2010 | 9.06 | +3.86 pp |
| 2009 | 5.21 | −15.91 pp |
| 2008 | 21.11 | +1.77 pp |
| 2007 | 19.34 | −3.77 pp |
| 2006 | 23.11 | +0.25 pp |
| 2005 | 22.86 | — |
| 2000 | 11.94 | +8.58 pp |
| 1999 | 3.35 | +6.4 pp |
| 1998 | -3.05 | −5.59 pp |
| 1997 | 2.54 | −1.54 pp |
| 1996 | 4.08 | +2.92 pp |
| 1995 | 1.16 | +1.62 pp |
| 1994 | -0.46 | +5.82 pp |
| 1993 | -6.28 | −0.43 pp |
| 1992 | -5.85 | +1.16 pp |
| 1991 | -7.01 | −10.01 pp |
| 1990 | 3 | +2.86 pp |
| 1989 | 0.14 | +3.56 pp |
| 1988 | -3.43 | −1.21 pp |
| 1987 | -2.21 | +0.83 pp |
| 1986 | -3.04 | −3.09 pp |
| 1985 | 0.05 | +1.78 pp |
| 1984 | -1.73 | +0.59 pp |
| 1983 | -2.32 | −3.16 pp |
| 1982 | 0.85 | −6.16 pp |
| 1981 | 7.01 | −7.71 pp |
| 1980 | 14.72 | +4.27 pp |
| 1979 | 10.45 | +13.22 pp |
| 1978 | -2.77 | −8.05 pp |
| 1977 | 5.27 | — |
The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.
Source: World Development Indicators (World Bank), license CC BY 4.0.
What part of its income a country saves rather than consumes.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
Finance International reservesThe gold and foreign exchange reserves of a country in US dollars.