Saudi Arabia recorded a Current Account surplus of 8707 USD Million in the first quarter of 2021. source: Saudi Arabian Monetary Agency

Current Account in Saudi Arabia averaged 12133.84 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 September of 2021.

Current Account in Saudi Arabia is expected to be 2420.00 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 927.00 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
8707.00 2318.00 90060.70 -27509.30 1971 - 2021 USD Million Quarterly

Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 87372.00 54199.00 454159.00 3898.00 Million SAR [+]
Current Account 8707.00 2318.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP -2.80 6.30 28.50 -21.00 percent of GDP [+]
Imports 124056.00 123878.00 222985.00 2578.00 Million SAR [+]
Exports 211428.00 178077.00 677144.00 9118.00 Million SAR [+]
Capital Flows 10091.92 3556.08 102296.29 -49295.00 USD Million [+]
Tourism Revenues 19849.00 16975.00 19849.00 3418.00 USD Million [+]
Gold Reserves 323.07 323.07 323.07 142.95 Tonnes [+]
Crude Oil Production 9562.00 9474.00 12007.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1795.00 1872.00 11746.54 264.00 USD Million [+]
Remittances 34801.00 34735.00 38101.00 12479.00 SAR Million [+]
Tourist Arrivals 16214.00 17570.00 23010.00 6585.00 Thousand [+]
Terrorism Index 5.00 5.24 5.81 2.41 [+]
Non Oil Exports 58922.00 56547.00 60357.00 19786.00 Million SAR [+]
Oil Exports 152506.00 121530.00 338945.00 76493.00 Million SAR [+]


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).