Saudi Arabia recorded a Current Account surplus of 12407 USD Million in the second quarter of 2019. Current Account in Saudi Arabia averaged 13059.27 USD Million from 1971 until 2019, 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. source: Saudi Arabian Monetary Agency
Current Account in Saudi Arabia is expected to be 9000.00 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 5000.00 in 12 months time. In the long-term, the Saudi Arabia Current Account is projected to trend around 3850.00 USD Million in 2020, according to our econometric models.