Current account balance (credit less debit), Percent of GDP in Saudi Arabia
Saudi Arabia: Current account balance (credit less debit), Percent of GDP was -3.76 in 2031. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Saudi Arabia, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp in Saudi Arabia is -3.76, measured in 2031.
The figure is down 2.7% on the previous year and down 182.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Saudi Arabia peaked at 28.15 in 2005 and was at its lowest, -20.83, in 1991.
Saudi Arabia ranks 24th of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 25.22 | — |
| 1981 | 21.5 | -14.8% |
| 1982 | 4.94 | -77.0% |
| 1983 | -13.05 | -363.9% |
| 1984 | -15.38 | +17.9% |
| 1985 | -12.45 | -19.1% |
| 1986 | -13.56 | +9.0% |
| 1987 | -11.4 | -15.9% |
| 1988 | -8.32 | -27.1% |
| 1989 | -10 | +20.3% |
| 1990 | -3.53 | -64.7% |
| 1991 | -20.83 | +490.2% |
| 1992 | -12.94 | -37.9% |
| 1993 | -12.99 | +0.4% |
| 1994 | -7.76 | -40.3% |
| 1995 | -3.72 | -52.1% |
| 1996 | 0.429 | -111.5% |
| 1997 | 0.1838 | -57.2% |
| 1998 | -8.95 | -4968.4% |
| 1999 | 0.2542 | -102.8% |
| 2000 | 7.55 | +2872.2% |
| 2001 | 5.08 | -32.8% |
| 2002 | 6.26 | +23.3% |
| 2003 | 13 | +107.6% |
| 2004 | 20.07 | +54.4% |
| 2005 | 28.15 | +40.3% |
| 2006 | 27.39 | -2.7% |
| 2007 | 23.91 | -12.7% |
| 2008 | 26.88 | +12.4% |
| 2009 | 6.6 | -75.4% |
| 2010 | 14.09 | +113.4% |
| 2011 | 24.23 | +72.0% |
| 2012 | 22.64 | -6.6% |
| 2013 | 18.33 | -19.1% |
| 2014 | 9.86 | -46.2% |
| 2015 | -7.94 | -180.5% |
| 2016 | -3.91 | -50.7% |
| 2017 | 1.23 | -131.3% |
| 2018 | 7.9 | +544.6% |
| 2019 | 3.64 | -53.9% |
| 2020 | -4.52 | -224.0% |
| 2021 | 4.57 | -201.1% |
| 2022 | 11.73 | +156.7% |
| 2023 | 2.13 | -81.8% |
| 2024 | -1.3 | -160.9% |
| 2025 | -2.96 | +128.0% |
| 2026 | -1.61 | -45.6% |
| 2027 | -2.95 | +83.6% |
| 2028 | -3.5 | +18.4% |
| 2029 | -3.61 | +3.3% |
| 2030 | -3.66 | +1.2% |
| 2031 | -3.76 | +2.7% |
Saudi Arabia compared with similar countries
- Saudi Arabia's -3.76 is below the median for high income countries, which is 1.65. (13 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP in Saudi Arabia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -4968.4% | 0.1838 | -8.95 |
| 2000 | +2872.2% | 0.2542 | 7.55 |
| 2018 | +544.6% | 1.23 | 7.9 |
| 1991 | -490.2% | -3.53 | -20.83 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -3.25 | -15.38 | 25.22 | 10 |
| 1990s | -6.98 | -20.83 | 0.429 | 10 |
| 2000s | 16.49 | 5.08 | 28.15 | 10 |
| 2010s | 9.01 | -7.94 | 24.23 | 10 |
| 2020s | -0.2014 | -4.52 | 11.73 | 10 |
| 2030s | -3.71 | -3.76 | -3.66 | 2 |
Countries ranked near Saudi Arabia
More financial sector data for Saudi Arabia
- Reserve position in the IMF, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 93.38 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 68.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 93.38 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in Saudi Arabia?
- Current account balance (credit less debit), percent of gdp in Saudi Arabia was -3.76 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Saudi Arabia?
- The highest recorded value was 28.15 in 2005.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Saudi Arabia?
- The lowest recorded value was -20.83 in 1991.
- How does Saudi Arabia rank for current account balance (credit less debit), percent of gdp?
- Saudi Arabia ranks 24th out of 26 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Saudi Arabia?
- Over the last ten years it is down 182.2%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.