Saudi Arabia Current Account to GDP 1980-2017 | Data | Chart | Calendar

Saudi Arabia recorded a Current Account deficit of 3.90 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Saudi Arabia averaged 3.84 percent from 1980 until 2016, reaching an all time high of 28.50 percent in 2005 and a record low of -21 percent in 1991.

Saudi Arabia Current Account to GDP
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 77861.00 93991.00 454159.00 3898.00 Million SAR [+]
Exports 195594.00 189064.00 677144.00 9118.00 Million SAR [+]
Imports 112815.00 125948.00 222985.00 2578.00 Million SAR [+]
Current Account 1092.00 6718.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP -3.90 -8.70 28.50 -21.00 percent [+]
Capital Flows -14390.00 -9029.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 11183.00 9263.00 11183.00 6744.00 USD Million [+]
Gold Reserves 322.90 322.90 322.91 142.95 Tonnes [+]
Crude Oil Production 9891.00 10056.00 10720.00 2340.00 BBL/D/1K [+]
Remittances 30707.00 32036.00 38101.00 12479.00 SAR Million [+]
Foreign Direct Investment 1753.00 1736.00 11746.54 1711.00 USD Million [+]
Tourist Arrivals 17994.00 18260.00 18260.00 6585.00 Thousand [+]
Terrorism Index 5.81 5.40 5.81 2.41 [+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category



Saudi Arabia Current Account to GDP

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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -8.70 28.50 -21.00 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16