Saudi Arabia recorded a Current Account surplus of 11518 USD Million in the first quarter of 2019. Current Account in Saudi Arabia averaged 13061.84 USD Million from 1971 until 2019, reaching an all time high of 90060.70 USD Million in the fourth quarter of 2005 and a record low of -27509.30 USD Million in the fourth quarter of 1991.

Current Account in Saudi Arabia is expected to be 12000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Saudi Arabia to stand at 4800.00 in 12 months time. In the long-term, the Saudi Arabia Current Account is projected to trend around 3850.00 USD Million in 2020, according to our econometric models.

Saudi Arabia Current Account
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Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 131636.00 180059.00 454159.00 3898.00 Million SAR [+]
Current Account 11518.00 18521.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 9.20 1.50 28.50 -21.00 percent [+]
Imports 117194.00 110449.00 222985.00 2578.00 Million SAR [+]
Exports 248830.00 290508.00 677144.00 9118.00 Million SAR [+]
Capital Flows 10681.00 15857.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 14848.00 13438.00 14848.00 3418.00 USD Million [+]
Gold Reserves 323.10 323.10 323.10 142.95 Tonnes [+]
Crude Oil Production 9580.00 9782.00 11093.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1249.00 829.00 11746.54 264.00 USD Million [+]
Terrorism Index 5.48 5.81 5.81 2.41 [+]
Remittances 28441.00 28498.00 38101.00 12479.00 SAR Million [+]
Tourist Arrivals 16119.00 18049.00 18260.00 6585.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Saudi Arabia Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11518.00 18521.00 90060.70 -27509.30 1971 - 2019 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil -2914.00 Jun/19
Canada -17347.00 Mar/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France -755.00 Jun/19
Germany 20646.19 Jun/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1211.17 Jun/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -142495.00 Mar/19
South Korea 6380.00 Jun/19
Spain 2701.00 May/19
Switzerland 17215.95 Mar/19
Turkey -548.00 Jun/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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