Saudi Arabia recorded a Current Account surplus of 37411 USD Million in the first quarter of 2022. source: Saudi Arabian Monetary Agency

Current Account in Saudi Arabia averaged 12347.08 USD Million from 1971 until 2022, 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 August of 2022.

Current Account in Saudi Arabia is expected to be 12100.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Current Account is projected to trend around 4000.00 USD Million in 2023 and 1000.00 USD Million in 2024, according to our econometric models.

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Saudi Arabia Current Account

Related Last Previous Unit Reference
Balance of Trade 90275.00 81603.00 Million SAR May 2022
Current Account 37411.00 20693.00 USD Million Mar 2022
Exports 144136.00 137705.00 Million SAR May 2022
Imports 53862.00 56102.00 Million SAR May 2022
Capital Flows 33753.05 22399.21 USD Million Mar 2022
Oil Exports 116215.00 109750.00 Million SAR May 2022
Non Oil Exports 23800.00 23249.00 Million SAR May 2022
Foreign Direct Investment 1965.00 1933.00 USD Million Mar 2022
Remittances 40003.00 38876.00 SAR Million Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
37411.00 20693.00 90060.70 -27509.30 1971 - 2022 USD Million Quarterly