Saudi Arabia recorded a Current Account surplus of 29583 USD Million in the third quarter of 2018. Current Account in Saudi Arabia averaged 13063.74 USD Million from 1971 until 2018, 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.

Current Account in Saudi Arabia is expected to be 16800.00 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 6500.00 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.

Saudi Arabia Current Account
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Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 184673.00 162844.00 454159.00 3898.00 Million SAR [+]
Current Account 29583.00 19079.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 2.20 -3.70 28.50 -21.00 percent [+]
Imports 101438.00 119356.00 222985.00 2578.00 Million SAR [+]
Exports 286111.00 282201.00 677144.00 9118.00 Million SAR [+]
Capital Flows 27408.00 17134.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 14848.00 13438.00 14848.00 3418.00 USD Million [+]
Gold Reserves 323.10 323.10 323.10 142.95 Tonnes [+]
Crude Oil Production 10243.00 10643.00 11093.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 779.00 740.00 11746.54 264.00 USD Million [+]
Terrorism Index 5.48 5.81 5.81 2.41 [+]
Tourist Arrivals 16119.00 18049.00 18260.00 6585.00 Thousand [+]
Remittances 29872.00 32128.00 38101.00 12479.00 SAR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
29583.00 19079.00 90060.70 -27509.30 1971 - 2018 USD Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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