Current account balance (credit less debit), Net (credits less debits) in Middle East and Central Asia
Middle East and Central Asia: Current account balance (credit less debit), Net (credits less debits) was 125.41 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Middle East and Central Asia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Middle East and Central Asia is 125.41 billion, measured in 2024.
Compared with earlier readings it is down 34.6% on the previous year and down 37.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Middle East and Central Asia peaked at 448.15 billion in 2012 and was at its lowest, -135.79 billion, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Middle East and Central Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 202.08 billion | — |
| 2006 | 273.15 billion | +35.2% |
| 2007 | 276.42 billion | +1.2% |
| 2008 | 360.98 billion | +30.6% |
| 2009 | 62.82 billion | -82.6% |
| 2010 | 203.07 billion | +223.2% |
| 2011 | 438.85 billion | +116.1% |
| 2012 | 448.15 billion | +2.1% |
| 2013 | 354.70 billion | -20.9% |
| 2014 | 198.97 billion | -43.9% |
| 2015 | -135.79 billion | -168.2% |
| 2016 | -131.83 billion | -2.9% |
| 2017 | -16.60 billion | -87.4% |
| 2018 | 136.34 billion | -921.5% |
| 2019 | 47.20 billion | -65.4% |
| 2020 | -90.75 billion | -292.3% |
| 2021 | 129.32 billion | -242.5% |
| 2022 | 425.18 billion | +228.8% |
| 2023 | 191.63 billion | -54.9% |
| 2024 | 125.41 billion | -34.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 235.09 billion | 62.82 billion | 360.98 billion | 5 |
| 2010s | 154.31 billion | -135.79 billion | 448.15 billion | 10 |
| 2020s | 156.16 billion | -90.75 billion | 425.18 billion | 5 |
Countries ranked near Middle East and Central Asia
- 2 Germany 270.45 billion compare
- 3 Japan 194.26 billion compare
- 4 Taiwan, China 112.73 billion compare
- 5 Netherlands 110.92 billion compare
- 6 Ireland 105.99 billion compare
- 7 Republic of Korea 99.04 billion compare
- 8 Singapore 96.02 billion compare
More financial sector data for Middle East and Central Asia
- Total reserves (gold at market value) 1.18 trillion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.5641 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate -0.5256 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.67 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.39 % change on previous year (2025)
- Total reserves (gold at national valuation) 1.11 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 893.42 billion SDR (2025)
- Gold reserves at 35 SDRs per ounce 3.03 billion SDR (2025)
- Gold reserves at market value 245.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.31 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Middle East and Central Asia?
- Current account balance (credit less debit), net (credits less debits) in Middle East and Central Asia was 125.41 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The highest recorded value was 448.15 billion in 2012.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The lowest recorded value was -135.79 billion in 2015.
- How does Middle East and Central Asia rank for current account balance (credit less debit), net (credits less debits)?
- Middle East and Central Asia ranks 5th out of 9 groups with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Middle East and Central Asia?
- Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
- Where does this Middle East and Central Asia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.