Saudi Arabia recorded a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2020. source: Saudi Arabia Monetary Agency
Current Account to GDP in Saudi Arabia averaged 3.81 percent of GDP from 1980 until 2020, reaching an all time high of 28.50 percent of GDP in 2005 and a record low of -21 percent of GDP in 1991. This page provides - Saudi Arabia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account to GDP - values, historical data and charts - was last updated on June of 2021.
Current Account to GDP in Saudi Arabia is expected to reach -1.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Current Account to GDP is projected to trend around 1.00 percent of GDP in 2022 and 3.00 percent of GDP in 2023, according to our econometric models.