Saudi Arabia recorded a Current Account surplus of 6.30 percent of the country's Gross Domestic Product in 2019. source: Saudi Arabia Monetary Agency
Current Account to GDP in Saudi Arabia averaged 3.98 percent from 1980 until 2019, reaching an all time high of 28.50 percent in 2005 and a record low of -21 percent in 1991. This page provides - Saudi Arabia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Current Account to GDP - values, historical data and charts - was last updated on May of 2021.
Current Account to GDP in Saudi Arabia is expected to reach -1.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Current Account to GDP is projected to trend around 1.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.