Saudi Arabia Current Account - Forecast

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.


Forecast Data Chart
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Saudi Arabia Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade 162782 105000 110000 113000 116500 129000
Exports 282206 233000 240000 242500 244000 260000
Imports 119423 128000 130000 129500 127500 131000
Current Account 19181 10000 6800 6200 6000 5290
Current Account to GDP 2.2 9.1 9.1 8.6 8.6 6.3
Capital Flows 14674 -1400 -3600 -4000 -2000 1500
Tourism Revenues 12139 12000 11890 11900 12200 13500
Gold Reserves 323 323 323 323 323 323
Crude Oil Production 10502 10000 10000 10200 10150 10200
Foreign Direct Investment 882 1000 1200 1500 1700 2430
Terrorism Index 5.81 5.6 5.5 5.5 5.5 5.4
Tourist Arrivals 16119 18689 17500 18200 18600 21230
Remittances 32128 32900 32300 32400 32280 36800