Current account balance — all countries

Current account balance — OPEC

Current account balance in OPEC in 2031 — 0.87%. Since 1980, the indicator has fallen by 11.99 pp.

2031 0.87% −0.14 pp vs 2030
World rank
Period maximum 18.64%2006
Period minimum -7.31%1991

Trend over time

1980–2031 · % of GDP

Current account balance — OPEC, 1980–2031-100102019801986199219982004201020162022202820311980: 12.86%1981: 11.12%1982: 3.45%1983: -0.59%1984: -0.26%1985: 0.87%1986: -2.53%1987: -1.08%1988: -1.69%1989: 0.22%1990: 1.92%1991: -7.31%1992: -4.37%1993: -3.63%1994: -0.62%1995: 0.11%1996: 3.51%1997: 2.78%1998: -2.13%1999: 2.34%2000: 8.36%2001: 4.37%2002: 4.08%2003: 6.94%2004: 10.9%2005: 18.49%2006: 18.64%2007: 13.85%2008: 14.95%2009: 3.91%2010: 7.2%2011: 12.3%2012: 12.31%2013: 10.36%2014: 5.6%2015: -3.76%2016: -1.7%2017: 2.13%2018: 6.19%2019: 2.64%2020: -2.64%2021: 4.88%2022: 9.94%2023: 5.6%2024: 4.16%2025: 2.3%2026: 2.84%2027: 2.13%2028: 1.31%2029: 1.16%2030: 1.01%2031: 0.87%
Change over the period: −11.99 pp Annual average: -0.24 pp

Comparison, 2031

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

OPEC 0.87%
World computed 0.28%
Current account balance — OPEC, by year OPEC All countries CSV XLSX
Year % Change, pp
2031 0.87 −0.14 pp
2030 1.01 −0.15 pp
2029 1.16 −0.15 pp
2028 1.31 −0.82 pp
2027 2.13 −0.71 pp
2026 2.84 +0.54 pp
2025 2.3 −1.85 pp
2024 4.16 −1.45 pp
2023 5.6 −4.34 pp
2022 9.94 +5.06 pp
2021 4.88 +7.52 pp
2020 -2.64 −5.28 pp
2019 2.64 −3.55 pp
2018 6.19 +4.05 pp
2017 2.13 +3.84 pp
2016 -1.7 +2.06 pp
2015 -3.76 −9.36 pp
2014 5.6 −4.77 pp
2013 10.36 −1.95 pp
2012 12.31 +0.01 pp
2011 12.3 +5.1 pp
2010 7.2 +3.29 pp
2009 3.91 −11.03 pp
2008 14.95 +1.1 pp
2007 13.85 −4.8 pp
2006 18.64 +0.15 pp
2005 18.49 +7.59 pp
2004 10.9 +3.96 pp
2003 6.94 +2.86 pp
2002 4.08 −0.28 pp
2001 4.37 −4 pp
2000 8.36 +6.02 pp
1999 2.34 +4.48 pp
1998 -2.13 −4.91 pp
1997 2.78 −0.73 pp
1996 3.51 +3.4 pp
1995 0.11 +0.73 pp
1994 -0.62 +3.01 pp
1993 -3.63 +0.73 pp
1992 -4.37 +2.94 pp
1991 -7.31 −9.23 pp
1990 1.92 +1.7 pp
1989 0.22 +1.92 pp
1988 -1.69 −0.62 pp
1987 -1.08 +1.46 pp
1986 -2.53 −3.4 pp
1985 0.87 +1.13 pp
1984 -0.26 +0.34 pp
1983 -0.59 −4.04 pp
1982 3.45 −7.67 pp
1981 11.12 −1.74 pp
1980 12.86

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.