Saudi Arabia Current Account to GDP  1980-2016 | Data | Chart | Calendar

Saudi Arabia recorded a Current Account deficit of 8.20 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Saudi Arabia averaged 4.07 percent from 1980 until 2015, reaching an all time high of 28.50 percent in 2005 and a record low of -21 percent in 1991. Current Account to GDP in Saudi Arabia is reported by the Saudi Arabia Monetary Agency.

Saudi Arabia Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-8.20 9.80 28.50 -21.00 1980 - 2015 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Saudi Arabia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 16295.00 22467.00 454159.00 3898.00 Million SAR [+]
Exports 135626.00 161272.00 677144.00 9118.00 Million SAR [+]
Imports 119331.00 138805.00 222985.00 2578.00 Million SAR [+]
Current Account -17982.00 -23007.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP -8.20 9.80 28.50 -21.00 percent [+]
Capital Flows -27704.00 -33639.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 1232.00 1295.00 1295.00 633.00 USD Billion [+]
Gold Reserves 322.90 322.91 322.91 142.95 Tonnes [+]
Crude Oil Production 10673.00 10550.00 10673.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1883.00 1899.00 11746.54 1853.71 USD Million [+]
Tourist Arrivals 15098.00 13380.00 17498.00 6585.00 Thousand [+]
Terrorism Index 4.01 2.77 5.28 2.41 [+]




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