Saudi Arabia Current Account to GDP 1980-2015 | Data | Chart | Calendar

Saudi Arabia recorded a Current Account surplus of 18 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Saudi Arabia averaged 4.25 Percent from 1980 until 2013, 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.

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Saudi Arabia Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
18.00 22.50 28.50 -21.00 1980 - 2013 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. Content for - Saudi Arabia Current Account to GDP - was last refreshed on Thursday, May 28, 2015.

Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 118347.00 175286.00 454159.00 3898.00 Million SAR [+]
Exports 254078.00 329304.00 677144.00 9118.00 Million SAR [+]
Imports 135731.00 154018.00 222985.00 2578.00 Million SAR [+]
Current Account 5159.00 16949.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 18.00 22.50 28.50 -21.00 percent [+]
Gold Reserves 322.90 322.90 322.90 142.95 Tonnes [+]
Crude Oil Production 9640.00 9640.00 10414.00 2340.00 BBL/D/1K [+]
Capital Flows 4325.00 18639.00 102296.29 -49295.00 USD Million [+]
Foreign Direct Investment 1854.00 2150.00 39455.86 1854.00 USD Million [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 12.30 Dec/13 9.16 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]