Saudi Arabia: Current Account, quarterly
* indicates monthly or quarterly data series
The most recent value is -2.71 percent as of December 2024, an increase compared to the previous value of -3.22 percent. Historically, the average for Saudi Arabia from March 2006 to December 2024 is 10.12 percent. The minimum of -13.68 percent was recorded in December 2015, while the maximum of 36.62 percent was reached in June 2008.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | Saudi Arabia: Current account, quarterly |
|---|---|
| 2024 Dec | -2.71 |
| 2024 Sep | -3.22 |
| 2024 Jun | 1 |
| 2024 Mar | 2.83 |
| 2023 Dec | 1.13 |
| 2023 Sep | 1.87 |
| 2023 Jun | 4.57 |
| 2023 Mar | 5.63 |
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Definition: The current account as percent of GDP, seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 139.90 | 2021 | percent |
| Trade openness | 62.13 | 2023 | percent |
| Financial openness | 1.034 | 2021 | index points |
| Exports, percent of GDP | 34.75 | 2023 | percent |
| Exports, billion dollars | 370.98 | 2023 | billion U.S. dollars |
| Growth of exports | -6.51 | 2023 | percent |
| Imports, percent of GDP | 27.38 | 2023 | percent |
| Imports, billion dollars | 292.28 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.15 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 12.32 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 4,223.41 | 2023 | million dollars (current) |
| Current account, percent of GDP | 3.19 | 2023 | percent |
| Current account, in dollars | 34.07 | 2023 | billion U.S. dollars |
| Current Account, quarterly | -2.71 | 12/2024 | percent |
| Trade balance, percent of GDP | 7.37 | 2023 | percent |
| Trade balance, in dollars | 79.41 | 2023 | billion U.S. dollars |
| Reserves | 457.95 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 0.03 | 2023 | percent |
| Remittances | 281.98 | 2023 | million U.S. dollars |
| Net errors and omissions | -7,309.55 | 2023 | million USD |
| Foreign exchange reserves | 1,639.57 | 12/2024 | billion |