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Saudi Arabia - Current Account Balance 1976

Current account balance as % of GDP · World Bank
22.44% −8.32% from 1975 Global rank: 71st

Saudi Arabia's current account balance was 22.44% in 1976, decreased +8.32% from 30.75% in 1975. This was the 71st highest globally.

Global Ranking - 1976▾
Current Account Balance by Country - 1976
RankCountryValueYoY
1st Lesotho -23.13% -3,097.8%
2nd Bahrain -22.77% -23.3%
3rd Barbados -16.03% -39.6%
4th Morocco -14.27% -154.5%
5th Mauritania -11.09% -23.4%
6th Norway -10.42% -38.3%
7th Benin -9.28% -17.7%
8th Singapore -8.97% 13.5%
9th Jamaica -8.89% -
10th Tunisia -8.79% -
11th Seychelles -7.90% -
12th Tonga -6.96% -1,024.9%
13th Honduras -6.59% 21.8%
14th Portugal -6.30% -61.6%
15th Pakistan -5.70% -
16th Botswana -5.47% 45.4%
17th Mauritius -4.93% -
18th South Africa -4.65% 16.8%
19th Cyprus -4.61% -
20th Mali -4.50% 38.9%
21st Denmark -4.30% -254.7%
22nd Brazil -4.26% 21.1%
23rd Israel -4.24% 62.5%
24th Paraguay -4.03% 15.6%
25th Türkiye -3.94% -10.2%
26th Spain -3.90% -15.0%
27th Canada -3.69% 21.6%
28th Finland -3.50% 51.8%
29th Kenya -3.41% 48.3%
30th Dominican Republic -3.27% -61.6%
31st Senegal -3.22% -6.5%
32nd Greece -3.02% -
33rd Myanmar -2.83% -
34th Togo -2.81% 67.6%
35th Bangladesh -2.73% -
36th Ghana -2.68% -528.2%
37th Thailand -2.59% 36.4%
38th Bolivia, Plurinational State of -1.96% -
39th Niger -1.88% -263.3%
40th Sweden -1.80% -382.4%
41st Haiti -1.41% 60.8%
42nd Iceland -1.38% -
43rd Madagascar -1.29% 47.1%
44th Italy -1.27% -341.3%
45th Korea -1.02% -
46th São Tomé and Principe -1.02% -324.7%
47th France -0.91% -218.8%
48th United Kingdom -0.59% 58.6%
49th Tanzania -0.42% -
50th Sri Lanka -0.17% 94.3%
51st Ecuador -0.11% -
52nd United States 0.20% -80.7%
53rd Germany 0.72% 14.2%
54th El Salvador 1.02% -
55th Colombia 1.06% 181.0%
56th Argentina 1.27% -
57th Nepal 1.28% -
58th Chile 1.41% 122.4%
59th Oman 1.42% -47.9%
60th India 1.54% 1,126.1%
61st Solomon Islands 2.06% 112.2%
62nd Jordan 2.12% -35.5%
63rd Netherlands 3.28% 37.6%
64th Papua New Guinea 3.36% -
65th Malaysia 5.30% 200.4%
66th Malta 10.43% -16.5%
67th Trinidad and Tobago 10.43% -25.1%
68th Bahamas, The 10.61% -
69th Eswatini 11.14% -37.7%
70th Iran, Islamic Republic of 11.26% -
71st Saudi Arabia 22.44% -27.1%
72nd Kuwait 52.76% 7.0%
Source: World Bank (BN.CAB.XOKA.GD.ZS)

FAQ

What was Saudi Arabia's current account balance in 1976?▾

Saudi Arabia's current account balance in 1976 was 22.44%. This ranked 71st globally.

How did Saudi Arabia's current account balance change in 1976?▾

Saudi Arabia's current account balance decreased by 27.1% in 1976 compared to 1975.

Which country had the highest current account balance in 1976?▾

Kuwait had the highest current account balance in 1976 at 52.76%.

What is the current account balance of Saudi Arabia in 1976?▾

The current account balance of Saudi Arabia in 1976 was 22.44%. This ranked 71st globally.

How does 1976 compare to 1975 for Saudi Arabia's current account balance?▾

Saudi Arabia's current account balance went from 30.75% in 1975 to 22.44% in 1976, a 27.1% decrease.

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