Saudi Arabia recorded a Current Account surplus of 19181 USD Million in the second quarter of 2018. Current Account in Saudi Arabia averaged 12928.50 USD Million from 1971 until 2018, reaching an all time high of 90060.70 USD Million in the fourth quarter of 2005 and a record low of -27509.30 USD Million in the fourth quarter of 1991.

Current Account in Saudi Arabia is expected to be 10000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Saudi Arabia to stand at 6000.00 in 12 months time. In the long-term, the Saudi Arabia Current Account is projected to trend around 5290.00 USD Million in 2020, according to our econometric models.

Saudi Arabia Current Account
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Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 162782.00 131846.00 454159.00 3898.00 Million SAR [+]
Current Account 19181.00 9387.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 2.20 -3.70 28.50 -21.00 percent [+]
Imports 119423.00 111314.00 222985.00 2578.00 Million SAR [+]
Exports 282206.00 243161.00 677144.00 9118.00 Million SAR [+]
Capital Flows 14674.00 8915.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 14848.00 13438.00 14848.00 3418.00 USD Million [+]
Gold Reserves 323.10 322.90 323.10 142.95 Tonnes [+]
Crude Oil Production 11093.00 10642.00 11093.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 882.00 869.00 11746.54 264.00 USD Million [+]
Terrorism Index 5.81 5.40 5.81 2.41 [+]
Tourist Arrivals 16119.00 18049.00 18260.00 6585.00 Thousand [+]
Remittances 32128.00 32130.00 38101.00 12479.00 SAR Million [+]

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



Saudi Arabia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
19181.00 9387.00 90060.70 -27509.30 1971 - 2018 USD Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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