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% |
Saudi Arabia compared with similar countries
- Saudi Arabia's -54.70 billion is below the median for high income countries, which is -347.77 million, 157.3× the median. (72 countries reporting)
- Saudi Arabia's -54.70 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.34 billion. (20 countries reporting)
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 -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 -240.73 billion compare
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 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.