Current account balance — all countries

Current account balance — Saudi Arabia

Current account balance in Saudi Arabia in 2031 — -3.8%. Ranked 134 in the world out of 188. Since 1980, the indicator has fallen by 29 pp.

2031 -3.8% −0.1 pp vs 2030
World rank 134of 188
Period maximum 28.1%2005
Period minimum -20.8%1991

Trend over time

1980–2031 · % of GDP

Current account balance — Saudi Arabia, 1980–2031-40-200204019801986199219982004201020162022202820311980: 25.2%1981: 21.5%1982: 4.9%1983: -13%1984: -15.4%1985: -12.4%1986: -13.6%1987: -11.4%1988: -8.3%1989: -10%1990: -3.5%1991: -20.8%1992: -12.9%1993: -13%1994: -7.8%1995: -3.7%1996: 0.4%1997: 0.2%1998: -8.9%1999: 0.3%2000: 7.6%2001: 5.1%2002: 6.3%2003: 13%2004: 20.1%2005: 28.1%2006: 27.4%2007: 23.9%2008: 26.9%2009: 6.6%2010: 14.1%2011: 24.2%2012: 22.6%2013: 18.3%2014: 9.9%2015: -7.9%2016: -3.9%2017: 1.2%2018: 7.9%2019: 3.6%2020: -4.5%2021: 4.6%2022: 11.7%2023: 2.1%2024: -1.3%2025: -3%2026: -1.6%2027: -3%2028: -3.5%2029: -3.6%2030: -3.7%2031: -3.8%
Change over the period: −29 pp Annual average: -0.57 pp

Comparison, 2031

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

Saudi Arabia -3.8%
World computed 0.28%
Western Asia computed 0.8%
High-income countries computed 0.13%
Current account balance — Saudi Arabia, by year Saudi Arabia All countries CSV XLSX
Year % Change, pp
2031 -3.8 −0.1 pp
2030 -3.7 −0.1 pp
2029 -3.6 −0.1 pp
2028 -3.5 −0.5 pp
2027 -3 −1.4 pp
2026 -1.6 +1.4 pp
2025 -3 −1.7 pp
2024 -1.3 −3.4 pp
2023 2.1 −9.6 pp
2022 11.7 +7.1 pp
2021 4.6 +9.1 pp
2020 -4.5 −8.1 pp
2019 3.6 −4.3 pp
2018 7.9 +6.7 pp
2017 1.2 +5.1 pp
2016 -3.9 +4 pp
2015 -7.9 −17.8 pp
2014 9.9 −8.4 pp
2013 18.3 −4.3 pp
2012 22.6 −1.6 pp
2011 24.2 +10.1 pp
2010 14.1 +7.5 pp
2009 6.6 −20.3 pp
2008 26.9 +3 pp
2007 23.9 −3.5 pp
2006 27.4 −0.7 pp
2005 28.1 +8 pp
2004 20.1 +7.1 pp
2003 13 +6.7 pp
2002 6.3 +1.2 pp
2001 5.1 −2.5 pp
2000 7.6 +7.3 pp
1999 0.3 +9.2 pp
1998 -8.9 −9.1 pp
1997 0.2 −0.2 pp
1996 0.4 +4.1 pp
1995 -3.7 +4.1 pp
1994 -7.8 +5.2 pp
1993 -13 −0.1 pp
1992 -12.9 +7.9 pp
1991 -20.8 −17.3 pp
1990 -3.5 +6.5 pp
1989 -10 −1.7 pp
1988 -8.3 +3.1 pp
1987 -11.4 +2.2 pp
1986 -13.6 −1.2 pp
1985 -12.4 +3 pp
1984 -15.4 −2.4 pp
1983 -13 −17.9 pp
1982 4.9 −16.6 pp
1981 21.5 −3.7 pp
1980 25.2

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.