Saudi Arabia recorded a Current Account deficit of 17980 USD Million in the second quarter of 2020.
Current Account in Saudi Arabia averaged 12473.48 USD Million from 1971 until 2020, 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 October of 2020. source: Saudi Arabian Monetary Agency
Current Account in Saudi Arabia is expected to be -9500.00 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 -1500.00 in 12 months time. In the long-term, the Saudi Arabia Current Account is projected to trend around -1500.00 USD Million in 2021 and 6500.00 USD Million in 2022, according to our econometric models.