Saudi Arabia recorded a Current Account surplus of 12017 USD Million in the second quarter of 2021. source: Saudi Arabian Monetary Agency

Current Account in Saudi Arabia averaged 12038.33 USD Million from 1971 until 2021, 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. This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account - values, historical data and charts - was last updated on October of 2021.

Current Account in Saudi Arabia is expected to be 1923.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Current Account is projected to trend around 1000.00 USD Million in 2022 and 500.00 USD Million in 2023, according to our econometric models.

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Saudi Arabia Current Account

Saudi Arabia Last Unit Reference Previous Highest Lowest
Balance of Trade 110649.93 Million SAR Jun/21 87372.00 454159.00 3898.00
Current Account 12017.00 USD Million Jun/21 1477.00 90060.70 -27509.30
Exports 237491.00 Million SAR Jun/21 211433.00 677144.00 9118.00
Imports 126841.00 Million SAR Jun/21 124116.00 222985.00 2578.00
Capital Flows 10797.49 USD Million Jun/21 10091.92 102296.29 -49295.00
Foreign Direct Investment 13829.00 USD Million Jun/21 1811.00 13829.00 264.00
Remittances 34801.00 SAR Million Mar/21 34735.00 38101.00 12479.00
Oil Exports 152506.00 Million SAR Mar/21 121530.00 338945.00 76493.00
Non Oil Exports 58922.00 Million SAR Mar/21 56547.00 60357.00 19786.00

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).