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

Saudi Arabia recorded a Current Account surplus of 10.31 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Saudi Arabia averaged 4.43 percent from 1980 until 2014, 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
10.31 18.20 28.50 -21.00 1980 - 2014 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 May of 2016.


Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 22467.00 44242.00 454159.00 3898.00 Million SAR [+]
Exports 161272.00 185151.00 677144.00 9118.00 Million SAR [+]
Imports 138805.00 140909.00 222985.00 2578.00 Million SAR [+]
Current Account -23007.00 -10657.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 10.31 18.20 28.50 -21.00 percent [+]
Capital Flows -33639.00 -13358.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 1245.00 1197.00 1245.00 633.00 USD Billion [+]
Gold Reserves 322.91 322.91 322.91 142.95 Tonnes [+]
Crude Oil Production 10224.00 10220.00 10564.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1899.00 2206.00 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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