Saudi Arabia recorded a Current Account deficit of 0.50 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Saudi Arabia averaged 3.89 percent of GDP from 1980 until 2024, reaching an all time high of 28.50 percent of GDP in 2005 and a record low of -21.00 percent of GDP in 1991. source: Saudi Central Bank
Current Account to GDP in Saudi Arabia is expected to reach -2.40 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Current Account to GDP is projected to trend around -3.10 percent of GDP in 2027 and -3.00 percent of GDP in 2028, according to our econometric models.