Saudi Arabia
Current account balance
The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.
Current account balance - Saudi Arabia
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The reading right now
As of January 2024, Current account balance for Saudi Arabia stood at -1.31%. That is down 3.4 percentage points from the prior year. Over the trailing five years, the series has averaged 2.71%, ranging from a low of -4.52% in January 2020 to a high of 11.7% in January 2022. The current reading sits 3.4 percentage points below its trailing ten-year mean of 2.13%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.