Current account balance (World Bank) — all countries

Current account balance (World Bank) — Western Asia

Current account balance (World Bank) in Western Asia in 2024 — 3.35%. Since 1995, the indicator has risen by 5.17 pp.

2024 3.35% −0.75 pp vs 2023
World rank
Period maximum 10.68%2012
Period minimum -3.08%2016

Trend over time

1995–2024 · % of GDP

Current account balance (World Bank) — Western Asia, 1995–2024-5051015199519982001200420072010201320162019202220241995: -1.82%1996: -0.57%1997: -0.32%1998: -2.75%1999: -0.13%2000: 2.62%2001: 3.09%2002: 1.42%2003: 2.86%2004: 4.62%2005: 7.53%2006: 8.92%2007: 7.44%2008: 9.54%2009: 2.24%2010: 3.7%2011: 9.45%2012: 10.68%2013: 8.04%2014: 5.57%2015: -2.77%2016: -3.08%2017: -0.65%2018: 3.97%2019: 3.07%2020: -2.48%2021: 4.11%2022: 8.31%2023: 4.1%2024: 3.35%
Change over the period: +5.17 pp Annual average: 0.18 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Western Asia

Western Asia 3.35%
World computed 0.39%
Current account balance (World Bank) — Western Asia, by year Western Asia All countries CSV XLSX
Year % Change, pp
2024 3.35 −0.75 pp
2023 4.1 −4.21 pp
2022 8.31 +4.19 pp
2021 4.11 +6.6 pp
2020 -2.48 −5.55 pp
2019 3.07 −0.9 pp
2018 3.97 +4.62 pp
2017 -0.65 +2.43 pp
2016 -3.08 −0.31 pp
2015 -2.77 −8.34 pp
2014 5.57 −2.47 pp
2013 8.04 −2.64 pp
2012 10.68 +1.23 pp
2011 9.45 +5.75 pp
2010 3.7 +1.46 pp
2009 2.24 −7.3 pp
2008 9.54 +2.1 pp
2007 7.44 −1.48 pp
2006 8.92 +1.39 pp
2005 7.53 +2.91 pp
2004 4.62 +1.77 pp
2003 2.86 +1.44 pp
2002 1.42 −1.67 pp
2001 3.09 +0.47 pp
2000 2.62 +2.75 pp
1999 -0.13 +2.62 pp
1998 -2.75 −2.43 pp
1997 -0.32 +0.25 pp
1996 -0.57 +1.25 pp
1995 -1.82

About the indicator

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.