Saudi Arabia Current Account to GDP  1980-2018 | Data | Chart | Calendar

Saudi Arabia recorded a Current Account deficit of 3.70 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
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Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 126560.00 92712.00 454159.00 3898.00 Million SAR [+]
Exports 236751.00 195457.00 677144.00 9118.00 Million SAR [+]
Imports 110191.00 102745.00 222985.00 2578.00 Million SAR [+]
Current Account 7834.00 8028.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP -3.70 -8.70 28.50 -21.00 percent [+]
Capital Flows 2961.00 8692.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 12139.00 11183.00 12139.00 3418.00 USD Million [+]
Gold Reserves 322.90 322.90 322.91 142.95 Tonnes [+]
Crude Oil Production 9907.00 9935.00 10720.00 2340.00 BBL/D/1K [+]
Terrorism Index 5.81 5.40 5.81 2.41 [+]
Tourist Arrivals 18049.00 17994.00 18260.00 6585.00 Thousand [+]
Remittances 33995.00 31128.00 38101.00 12479.00 SAR Million [+]
Foreign Direct Investment 264.00 271.00 11746.54 264.00 USD Million [+]

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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.70 -8.70 28.50 -21.00 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Spain 1.90 Dec/17
Russia 1.80 Dec/16
China 1.30 Dec/17
Brazil -0.48 Dec/17
India -0.70 Dec/16
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
United States -2.40 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Turkey -5.50 Dec/17


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