Saudi Arabia recorded a Current Account surplus of 12407 USD Million in the second quarter of 2019. Saudi Arabia Current Account - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Current Account in Saudi Arabia averaged 13059.27 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. This page provides - Saudi Arabia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Saudi Arabian Monetary Agency

Current Account in Saudi Arabia is expected to be 6500.00 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 5290.00 in 12 months time. In the long-term, the Saudi Arabia Current Account is projected to trend around 3850.00 USD Million in 2021, according to our econometric models.

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Saudi Arabia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
9845.00 12407.00 90060.70 -27509.30 1971 - 2019 USD Million Quarterly

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).