Saudi Arabia Current Account Balance (% of GDP) (2024)
Saudi Arabia's Current Account Balance (% of GDP): -1.3 % of GDP in 2024, -3.4pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1990–2024.
Saudi Arabia (2024)
-1.3
% of GDP
-3.4pp YoY
YoY Change
-3.4pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | -1.3 | -3.4pp |
| 2023 | 2.1 | -9.6pp |
| 2022 | 11.7 | +7.2pp |
| 2021 | 4.6 | +9.1pp |
| 2020 | -4.5 | -8.2pp |
| 2019 | 3.6 | -4.3pp |
| 2018 | 7.9 | +6.7pp |
| 2017 | 1.2 | +5.1pp |
| 2016 | -3.9 | +4pp |
| 2015 | -7.9 | -17.8pp |
| 2014 | 9.9 | -8.5pp |
| 2013 | 18.3 | -4.5pp |
| 2012 | 22.8 | -1pp |
| 2011 | 23.9 | +10.3pp |
| 2010 | 13.5 | +7.7pp |
| 2009 | 5.9 | -21.9pp |
| 2008 | 27.8 | +3.3pp |
| 2007 | 24.5 | -2.9pp |
| 2006 | 27.4 | +0.4pp |
| 2005 | 27.1 | n/a |
About this Dataset
Saudi Arabia recorded -1.3 % of GDP in 2024. The most recent year-on-year change was -3.4pp. The historical series (1990–2024) shows a peak of 27.8 in 2008 and a trough of -20.8 in 1991.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks saudi arabia current account balance (% of gdp) in Saudi Arabia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 27.8 % of GDP in 2008 and reached its lowest recorded value of -20.8 in 1991. The latest reading of -1.3 in 2024 represents a year-on-year change of -3.4pp.