Saudi Arabia Forecast: Current Account Balance

1980 - 2029 | Yearly | USD bn | International Monetary Fund

Key information about Saudi Arabia Forecast: Current Account Balance

  • Saudi Arabia Current Account Balance is forecasted to be 4.251 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 34.070 USD bn in Dec 2023.
  • Looking ahead, Saudi Arabia Current Account Balance is projected to stand at -37.538 USD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Saudi Arabia's Forecast: Current Account Balance from 1980 to 2029 in the chart:

Saudi Arabia Forecast: Current Account Balance

What is Saudi Arabia's Forecast: Current Account Balance in 2029?

Saudi Arabia Current Account Balance is forecasted to be 4.251 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-37.538 2029 -33.322 2028 -52.640 2015 173.664 2012 USD bn yearly 1980 - 2029

Forecast: Current Account Balance by Country Comparison

country/region Last Frequency Range
Afghanistan (USD bn) 2.814 2020 yearly 2002 - 2020
Albania (USD bn) -0.217 2029 yearly 1980 - 2029
Algeria (USD bn) -7.532 2029 yearly 1980 - 2029
Andorra (USD bn) 0.814 2029 yearly 2019 - 2029
Angola (USD bn) 1.605 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.253 2029 yearly 2014 - 2029
Argentina (USD bn) 10.560 2029 yearly 1980 - 2029
Armenia (USD bn) -1.665 2029 yearly 1992 - 2029
Aruba (USD bn) 0.152 2029 yearly 1999 - 2029
Australia (USD bn) -28.731 2029 yearly 1980 - 2029
Austria (USD bn) 14.304 2029 yearly 1980 - 2029
Azerbaijan (USD bn) 0.418 2029 yearly 1992 - 2029
Bahamas (USD bn) -1.207 2029 yearly 1980 - 2029
Bahrain (USD bn) 1.690 2029 yearly 1980 - 2029
Bangladesh (USD bn) -9.885 2029 yearly 1980 - 2029
Barbados (USD bn) -0.445 2029 yearly 1980 - 2029
Belarus (USD bn) -2.218 2029 yearly 1992 - 2029
Belgium (USD bn) 6.520 2029 yearly 1980 - 2029
Belize (USD bn) -0.098 2029 yearly 1980 - 2029
Benin (USD bn) -1.412 2029 yearly 1980 - 2029
Bhutan (USD bn) -0.728 2029 yearly 1980 - 2029
Bolivia (USD bn) -3.985 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.411 2029 yearly 1998 - 2029
Botswana (USD bn) 0.062 2029 yearly 1980 - 2029
Brazil (USD bn) -44.939 2029 yearly 1980 - 2029
Brunei (USD bn) 2.412 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.401 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.585 2029 yearly 1980 - 2029
Cambodia (USD bn) -2.164 2029 yearly 1992 - 2029
Cameroon (USD bn) -2.355 2029 yearly 1980 - 2029
Canada (USD bn) -73.006 2029 yearly 1980 - 2029
Cape Verde (USD bn) -0.121 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.155 2029 yearly 1980 - 2029
Chad (USD bn) -0.328 2029 yearly 1980 - 2029
Chile (USD bn) -13.126 2029 yearly 1980 - 2029
China (USD bn) 285.473 2029 yearly 1997 - 2029
Colombia (USD bn) -17.950 2029 yearly 1980 - 2029
Comoros (USD bn) -0.093 2029 yearly 1980 - 2029
Congo (USD bn) -0.221 2029 yearly 1980 - 2029
Costa Rica (USD bn) -1.809 2029 yearly 1980 - 2029
Croatia (USD bn) 0.502 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.624 2029 yearly 1980 - 2029
Czech Republic (USD bn) 2.915 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -2.988 2029 yearly 1980 - 2029
Denmark (USD bn) 42.035 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.380 2029 yearly 1991 - 2029
Dominica (USD bn) -0.136 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.947 2029 yearly 1980 - 2029
Ecuador (USD bn) 3.608 2029 yearly 1980 - 2029
Egypt (USD bn) -22.028 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.305 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -1.545 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.066 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.568 2029 yearly 1980 - 2029
Finland (USD bn) -3.245 2029 yearly 1980 - 2029
France (USD bn) -4.507 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.751 2029 yearly 1995 - 2029
Germany (USD bn) 310.516 2029 yearly 1980 - 2029
Ghana (USD bn) -2.128 2029 yearly 1980 - 2029
Greece (USD bn) -10.465 2029 yearly 1980 - 2029
Grenada (USD bn) -0.152 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.184 2029 yearly 1980 - 2029
Guinea (USD bn) -2.577 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.127 2029 yearly 1980 - 2029
Guyana (USD bn) 8.231 2029 yearly 1980 - 2029
Haiti (USD bn) -0.463 2029 yearly 1980 - 2029
Honduras (USD bn) -1.912 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 43.397 2029 yearly 1980 - 2029
Hungary (USD bn) 4.539 2029 yearly 1980 - 2029
Iceland (USD bn) 0.224 2029 yearly 1980 - 2029
India (USD bn) -139.437 2029 yearly 1980 - 2029
Indonesia (USD bn) -29.041 2029 yearly 1980 - 2029
Iran (USD bn) 17.997 2029 yearly 1980 - 2029
Iraq (USD bn) -22.319 2029 yearly 2001 - 2029
Ireland (USD bn) 53.932 2029 yearly 1980 - 2029
Israel (USD bn) 27.247 2029 yearly 1980 - 2029
Italy (USD bn) 68.336 2029 yearly 1980 - 2029
Ivory Coast (USD bn) -3.091 2029 yearly 1980 - 2029
Jamaica (USD bn) -0.506 2029 yearly 1980 - 2029
Japan (USD bn) 156.819 2029 yearly 1980 - 2029
Jordan (USD bn) -2.793 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -13.182 2029 yearly 1992 - 2029
Kenya (USD bn) -5.665 2029 yearly 1980 - 2029
Kiribati (USD bn) 0.035 2029 yearly 1980 - 2029
South Korea (USD bn) 97.775 2029 yearly 1980 - 2029
Kosovo (USD bn) -1.071 2029 yearly 2000 - 2029
Kuwait (USD bn) 25.453 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -1.291 2029 yearly 1992 - 2029
Laos (USD bn) 0.176 2029 yearly 1980 - 2029
Latvia (USD bn) -1.914 2029 yearly 1992 - 2029
Lebanon (USD bn) -5.647 2023 yearly 1980 - 2023
Lesotho (USD bn) -0.060 2029 yearly 1980 - 2029
Liberia (USD bn) -1.080 2029 yearly 2000 - 2029
Libya (USD bn) 5.770 2029 yearly 1980 - 2029

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Saudi Arabia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Government Debt: % of GDP (%) 28.4 Jun 2024 quarterly Dec 2016 - Jun 2024
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.415 2028 yearly 1980 - 2028
Trade Balance (USD mn) 113,078.6 2023 yearly 1957 - 2023
Total Exports (USD mn) 23,617.9 Sep 2024 monthly Jan 2015 - Sep 2024
Total Exports Growth (%) -14.9 Sep 2024 monthly Jan 2016 - Sep 2024
Aluminum: Exports (USD th) 2,151,060.164 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 595,269.369 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 22,383.089 2023 yearly 1995 - 2023
Total Imports (USD mn) 18,636.1 Sep 2024 monthly Jan 2005 - Sep 2024
Total Imports Growth (%) 15.0 Sep 2024 monthly Jan 2006 - Sep 2024
Imports: Medicament (USD th) 5,014,506.913 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,727,931.691 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 873.564 Sep 2024 monthly Jan 2017 - Sep 2024
Total Imports from USA (USD mn) 1,439.718 Sep 2024 monthly Jan 2005 - Sep 2024
Total Exports to China (USD mn) 3,710.522 Sep 2024 monthly Jan 2017 - Sep 2024
Total Imports from China (USD mn) 4,799.619 Sep 2024 monthly Jan 1981 - Sep 2024
Exports: Value: Non Oil (SAR mn) 19,555.77 Apr 2018 monthly Jan 2005 - Apr 2018
Exports: Value: Oil (SAR mn) 68,943.34 Apr 2018 monthly May 2016 - Apr 2018
Exports: Value: Crude Petroleum (SAR mn) 513,181.000 2017 yearly 1953 - 2017
Exports: Value: Petroleum Products (SAR mn) 125,222.000 2017 yearly 1970 - 2017
Exports: ow China (SAR mn) 13,914.458 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: ow USA (SAR mn) 3,275.864 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: South Korea (SAR mn) 6,875.260 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: India (SAR mn) 7,307.280 Sep 2024 monthly Jan 2017 - Sep 2024
Exports: Value: Asia: India (SAR mn) 113,354.282 2023 yearly 1984 - 2023
Exports: Value: Asia: South Korea (SAR mn) 107,208.022 2023 yearly 1984 - 2023
Exports: Value: North America: USA (SAR mn) 58,495.428 2023 yearly 1984 - 2023
Exports: Value: Asia: Japan (SAR mn) 121,831.325 2023 yearly 1984 - 2023
Exports: Value: Asia: China Mainland (SAR mn) 199,331.298 2023 yearly 1984 - 2023
Imports: HS: Value: MC: Mineral Products (SAR mn) 61,579.696 2023 yearly 1983 - 2023
Imports: HS: Value: Foodstuffs (SAR mn) 105,681.247 2023 yearly 1970 - 2023
Imports: HS: Value: Hides and Skins, Wood, Cardboard and Articles (HW) (SAR mn) 17,249.487 2023 yearly 1970 - 2023
Imports: HS: Value: Transport Equipment (SAR mn) 118,665.412 2023 yearly 1970 - 2023
Imports: HS: Value: Pearls, Precious & Semi Precious Stones, Precious Metals, Ar... (SAR mn) 33,637.828 2023 yearly 1970 - 2023
Imports: Value: Asia: South Korea (SAR mn) 22,618.912 2023 yearly 1984 - 2023
Imports: Value: European Union: Germany (SAR mn) 34,218.595 2023 yearly 1984 - 2023
Imports: Value: Asia: China Mainland (SAR mn) 162,549.731 2023 yearly 1984 - 2023
Imports: Value: Asia: Japan (SAR mn) 30,693.439 2023 yearly 1984 - 2023
Imports: Value: North America: USA (SAR mn) 70,584.316 2023 yearly 1984 - 2023
Export Value Index (2015=100) 135.681 2021 yearly 1980 - 2021
Import Value Index (2015=100) 87.505 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 115.814 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 104.491 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,428.0 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Current Account Balance: % of GDP (%) 1.6 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (USD mn) 3,115.5 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 2.0 Jun 2024 quarterly Mar 2008 - Jun 2024
Forecast: Current Account Balance (USD bn) -37.538 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 765,219.433 2023 yearly 2007 - 2023
BoP: Financial Account: Portfolio Investment: Liabilities: Equity (USD mn) 639.030 Mar 2024 quarterly Mar 2018 - Mar 2024
BoP: Financial Account: Portfolio Investment: Liabilities: Debt Securities (USD mn) 2,295.466 Jun 2024 quarterly Mar 2018 - Jun 2024
BoP: USD: FA: Other Investment: Assets (USD mn) -11,779.491 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment (USD mn) -21,939.380 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Secondary Income (USD mn) -13,968.144 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment: Liabilities (USD mn) 5,552.736 Jun 2024 quarterly Mar 2008 - Jun 2024
BoP: USD: FA: Portfolio Investment: Assets (USD mn) 16,373.149 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Other Investment: Liabilities (USD mn) 10,159.889 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: Errors and Omissions (USD mn) -2,536.199 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Debit (USD mn) 25,358.852 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Portfolio Investment (USD mn) 10,820.414 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: Financial Account (FA) (USD mn) 668.122 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Debit (USD mn) 8,161.358 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment (USD mn) -687.475 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Debit (USD mn) 52,073.982 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods: Credit (USD mn) 78,847.952 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 8,962.458 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services: Credit (USD mn) 16,076.248 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Services (USD mn) -9,282.605 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Reserve Assets (USD mn) 12,474.564 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Primary Income (USD mn) 801.100 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: CA: Goods & Services: Goods (USD mn) 26,773.970 Jun 2024 quarterly Mar 2006 - Jun 2024
BoP: USD: FA: Direct Investment: Assets (USD mn) 2,427.992 Jun 2024 quarterly Mar 2006 - Jun 2024
International Investment Position (IIP) (SAR mn) 2,869,572.875 2023 yearly 2007 - 2023
IIP: Liabilities (SAR mn) 2,492,541.825 2023 yearly 2007 - 2023
IIP: Assets (SAR mn) 5,362,114.700 2023 yearly 2007 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.4 Mar 2024 quarterly Mar 2009 - Mar 2024
Household Debt: % of GDP (%) 11.9 Jun 2024 quarterly Dec 2003 - Jun 2024
Money Supply M1 (USD mn) 440,661.196 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply M2 (USD mn) 699,622.085 Oct 2024 monthly Jan 1993 - Oct 2024
M2 Growth (%) 11.1 Oct 2024 monthly Jan 1994 - Oct 2024
Reserve Requirement Ratio (%) 7.0 Nov 2024 monthly Mar 1980 - Nov 2024
Foreign Exchange Reserves (USD mn) 410,754.7 Oct 2024 monthly Jan 2001 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 41.018 Jun 2024 quarterly Dec 2003 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 23.9 2023 yearly 1957 - 2023
Gold Reserves (USD mn) 432.934 Nov 2024 monthly Dec 1957 - Nov 2024
Total Deposits (USD mn) 722,426.186 Oct 2024 monthly Jan 1993 - Oct 2024
Total Deposits Growth (%) 9.2 Oct 2024 monthly Jan 1994 - Oct 2024
Domestic Credit (USD mn) 279,406.0 Feb 2018 monthly Oct 1983 - Feb 2018
Domestic Credit Growth (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Credit to Households (USD bn) 348.930 Dec 2023 quarterly Mar 1998 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 796.302 Dec 2023 quarterly Mar 1993 - Dec 2023
Household Debt (USD mn) 131,348.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Total Loans (USD mn) 768,933.383 Oct 2024 monthly Jan 1997 - Oct 2024
Total Loans Growth (%) 12.46 Oct 2024 monthly Jan 1998 - Oct 2024
Private Debt: % of Nominal GDP (%) 65.19 Jun 2024 quarterly Dec 2003 - Jun 2024
Base Money (SAR mn) 404,644.104 Nov 2024 monthly Jan 2000 - Nov 2024
Monetary Survey: Liabilities: Money & Quasi Money (SAR mn) 2,936,088.999 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply: M3: M2: M1 (SAR mn) 1,652,479.487 Oct 2024 monthly Jan 1993 - Oct 2024
Money Supply: M3: M2 (SAR mn) 2,623,582.819 Oct 2024 monthly Jan 1993 - Oct 2024
Official Reserve Assets (SAR mn) 1,688,661.631 Nov 2024 monthly Jan 2001 - Nov 2024
Official Reserve Assets: Gold (SAR mn) 1,623.503 Feb 2019 monthly Jan 2001 - Feb 2019
Official Reserve Assets: Foreign Currency and Deposits Abroad (SAR mn) 522,620.717 Oct 2024 monthly Jan 2001 - Oct 2024
Bank Loans: Consumer (SAR mn) 452,321.357 Jun 2024 quarterly Mar 1998 - Jun 2024

More Indicators for Saudi Arabia

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data