Current account balance — all countries

Current account balance — Western Asia

Current account balance in Western Asia in 2031 — 0.8%. Since 1980, the indicator has fallen by 14.53 pp.

2031 0.8% −0.08 pp vs 2030
World rank
Period maximum 16.24%1981
Period minimum -10.74%1991

Trend over time

1980–2031 · % of GDP

Current account balance — Western Asia, 1980–2031-20-100102019801986199219982004201020162022202820311980: 15.33%1981: 16.24%1982: 5.99%1983: -2.38%1984: -0.92%1985: 0.33%1986: -1.26%1987: -0.57%1988: 0.38%1989: 2.14%1990: 1.15%1991: -10.74%1992: -4.24%1993: -4.2%1994: -2.29%1995: -2.07%1996: -0.38%1997: -0.16%1998: -2.97%1999: 0.15%2000: 4.02%2001: 3.75%2002: 1.94%2003: 3.28%2004: 4.87%2005: 9.37%2006: 10.26%2007: 6.91%2008: 9.38%2009: 2.45%2010: 4.57%2011: 9.76%2012: 11.26%2013: 9.4%2014: 6.57%2015: -2.19%2016: -2.9%2017: -0.31%2018: 3.94%2019: 3.21%2020: -2.38%2021: 4.37%2022: 8.26%2023: 3.86%2024: 2.94%2025: 1.61%2026: 1.4%2027: 1.25%2028: 0.83%2029: 0.85%2030: 0.87%2031: 0.8%
Change over the period: −14.53 pp Annual average: -0.28 pp

Comparison, 2031

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

Western Asia 0.8%
World computed 0.28%
Current account balance — Western Asia, by year Western Asia All countries CSV XLSX
Year % Change, pp
2031 0.8 −0.08 pp
2030 0.87 +0.02 pp
2029 0.85 +0.02 pp
2028 0.83 −0.42 pp
2027 1.25 −0.15 pp
2026 1.4 −0.2 pp
2025 1.61 −1.33 pp
2024 2.94 −0.93 pp
2023 3.86 −4.4 pp
2022 8.26 +3.9 pp
2021 4.37 +6.75 pp
2020 -2.38 −5.6 pp
2019 3.21 −0.73 pp
2018 3.94 +4.26 pp
2017 -0.31 +2.59 pp
2016 -2.9 −0.71 pp
2015 -2.19 −8.76 pp
2014 6.57 −2.83 pp
2013 9.4 −1.86 pp
2012 11.26 +1.51 pp
2011 9.76 +5.19 pp
2010 4.57 +2.12 pp
2009 2.45 −6.93 pp
2008 9.38 +2.47 pp
2007 6.91 −3.35 pp
2006 10.26 +0.9 pp
2005 9.37 +4.49 pp
2004 4.87 +1.6 pp
2003 3.28 +1.34 pp
2002 1.94 −1.81 pp
2001 3.75 −0.26 pp
2000 4.02 +3.86 pp
1999 0.15 +3.12 pp
1998 -2.97 −2.81 pp
1997 -0.16 +0.22 pp
1996 -0.38 +1.69 pp
1995 -2.07 +0.22 pp
1994 -2.29 +1.91 pp
1993 -4.2 +0.04 pp
1992 -4.24 +6.5 pp
1991 -10.74 −11.89 pp
1990 1.15 −0.98 pp
1989 2.14 +1.76 pp
1988 0.38 +0.95 pp
1987 -0.57 +0.69 pp
1986 -1.26 −1.59 pp
1985 0.33 +1.25 pp
1984 -0.92 +1.45 pp
1983 -2.38 −8.37 pp
1982 5.99 −10.25 pp
1981 16.24 +0.91 pp
1980 15.33

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.