Secondary income balance (credit less debit), Net (credits less) in Saudi Arabia
Saudi Arabia: Secondary income balance (credit less debit), Net (credits less) was -54.70 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Saudi Arabia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Saudi Arabia stood at -54.70 billion. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 6.4% on the previous year and down 41.2% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Saudi Arabia peaked at -14.77 billion in 2005 and was at its lowest, -54.70 billion, in 2024.
That places Saudi Arabia 195th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -14.77 billion | — |
| 2006 | -16.76 billion | +13.5% |
| 2007 | -17.03 billion | +1.6% |
| 2008 | -23.01 billion | +35.1% |
| 2009 | -27.67 billion | +20.3% |
| 2010 | -27.92 billion | +0.9% |
| 2011 | -29.39 billion | +5.2% |
| 2012 | -30.44 billion | +3.6% |
| 2013 | -35.87 billion | +17.8% |
| 2014 | -38.73 billion | +8.0% |
| 2015 | -44.71 billion | +15.4% |
| 2016 | -42.32 billion | -5.3% |
| 2017 | -38.25 billion | -9.6% |
| 2018 | -41.07 billion | +7.4% |
| 2019 | -36.59 billion | -10.9% |
| 2020 | -37.43 billion | +2.3% |
| 2021 | -44.16 billion | +18.0% |
| 2022 | -45.76 billion | +3.6% |
| 2023 | -51.40 billion | +12.3% |
| 2024 | -54.70 billion | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -19.85 billion | -27.67 billion | -14.77 billion | 5 |
| 2010s | -36.53 billion | -44.71 billion | -27.92 billion | 10 |
| 2020s | -46.69 billion | -54.70 billion | -37.43 billion | 5 |
Countries ranked near Saudi Arabia
- 192 United Kingdom of Great Britain and Northern Ireland -23.39 billion compare
- 193 Japan -30.48 billion compare
- 194 France -52.80 billion compare
- 196 Germany -74.03 billion compare
- 197 United States of America -240.73 billion compare
More financial sector data for Saudi Arabia
- Net domestic credit (current LCU), per capita 32,328 current LCU per person (2017)
- Net domestic credit (current LCU), per unit of GDP 1.35 current LCU per US$ of GDP (2017)
- Net domestic credit (current LCU), annual growth rate 21.57 % change on previous year (2017)
- Gold reserves at 35 SDRs per ounce 363.54 million SDR (2025)
- Gold reserves at market value 33.13 billion SDR (2025)
- Reserves excluding gold, foreign exchange 317.55 billion SDR (2025)
- Reserves excluding gold 335.74 billion SDR (2025)
- Total reserves (gold at market value) 368.87 billion SDR (2025)
- Total reserves (gold at national valuation) 336.06 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 9,089 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Saudi Arabia?
- Secondary income balance (credit less debit), net (credits less) in Saudi Arabia was -54.70 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Saudi Arabia?
- The highest recorded value was -14.77 billion in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Saudi Arabia?
- The lowest recorded value was -54.70 billion in 2024.
- How does Saudi Arabia rank for secondary income balance (credit less debit), net (credits less)?
- Saudi Arabia ranks 195th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Saudi Arabia?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is falling.
- Where does this Saudi Arabia data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.