Saudi Arabia Current Account to GDP - Forecast

Current Account to GDP in Saudi Arabia is expected to be 3.00 percent 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 to GDP is projected to trend around 3.00 percent in 2020, according to our econometric models.


Saudi Arabia Current Account to GDP
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Saudi Arabia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 120299 114000 113000 135000 138000 126000
Exports 243713 250000 233000 260000 265000 260000
Imports 123414 136000 120000 125000 127000 134000
Current Account 11065 7500 7000 6800 6200 4500
Current Account to GDP 2.2 3 3 2 2 3
Capital Flows 8820 1800 -1400 -3600 -4000 1500
Tourism Revenues 12139 11617 12058 11893 11895 13547
Gold Reserves 323 323 323 323 323 323
Crude Oil Production 10489 11000 11500 12200 12300 12800
Terrorism Index 5.81 5.6 5.6 5.5 5.5 5.4
Tourist Arrivals 16119 16025 18689 15400 15400 21230
Remittances 32130 38102 32924 32325 32408 36851
Foreign Direct Investment 838 270 272 275 276 290