Saudi Arabia - Current Account Balance 1988
-8.31%
+3.10% from 1987
Saudi Arabia's current account balance was -8.31% in 1988, increased +3.10% from -11.39% in 1987. This was the 25th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Mongolia | -32.25% | 1.7% |
| 2nd | Nicaragua | -27.19% | -34.3% |
| 3rd | Lebanon | -21.69% | -252.9% |
| 4th | Bhutan | -20.72% | 40.5% |
| 5th | Congo, Republic of | -20.13% | -99.3% |
| 6th | Mozambique | -17.03% | -4.9% |
| 7th | Equatorial Guinea | -16.45% | 36.6% |
| 8th | Gabon | -16.05% | -123.0% |
| 9th | St. Kitts and Nevis | -15.94% | -46.1% |
| 10th | Solomon Islands | -15.78% | -12,054.6% |
| 11th | Guinea-Bissau | -13.05% | -16.2% |
| 12th | Lao PDR | -12.97% | -187.4% |
| 13th | Guyana | -12.08% | 30.7% |
| 14th | Peru | -11.78% | -173.5% |
| 15th | Grenada | -11.75% | 13.5% |
| 16th | Myanmar | -11.41% | 0.9% |
| 17th | Antigua and Barbuda | -10.95% | 65.9% |
| 18th | São Tomé and Principe | -10.88% | -8.4% |
| 19th | Tonga | -10.54% | -275.0% |
| 20th | Niger | -10.11% | -79.7% |
| 21st | Seychelles | -9.41% | -11.1% |
| 22nd | Mali | -8.89% | 3.9% |
| 23rd | Côte d'Ivoire | -8.79% | -26.6% |
| 24th | St. Vincent and the Grenadines | -8.36% | 27.4% |
| 25th | Saudi Arabia | -8.31% | 27.2% |
| 26th | Papua New Guinea | -8.11% | -46.8% |
| 27th | Zambia | -7.86% | -83.9% |
| 28th | Nepal | -7.78% | -104.3% |
| 29th | Libya | -7.51% | -65.8% |
| 30th | Aruba | -7.43% | -60.4% |
| 31st | Dominica | -7.15% | -54.8% |
| 32nd | Mauritania | -6.78% | 38.1% |
| 33rd | Bolivia, Plurinational State of | -6.62% | 28.6% |
| 34th | Benin | -6.51% | -330.6% |
| 35th | Burundi | -6.47% | 8.1% |
| 36th | Guinea | -6.37% | -373.0% |
| 37th | Senegal | -6.30% | -28.7% |
| 38th | Vanuatu | -6.21% | -165.3% |
| 39th | Sri Lanka | -5.65% | 7.2% |
| 40th | Kenya | -5.64% | -70.4% |
| 41st | Angola | -5.35% | -242.4% |
| 42nd | Guatemala | -5.28% | 18.2% |
| 43rd | Ecuador | -5.21% | 45.8% |
| 44th | Paraguay | -4.94% | 57.5% |
| 45th | Tanzania | -4.81% | 7.6% |
| 46th | Kiribati | -4.80% | -122.7% |
| 47th | Madagascar | -4.70% | -7.3% |
| 48th | Jordan | -4.68% | 9.7% |
| 49th | Togo | -4.48% | -55.9% |
| 50th | Malawi | -4.33% | -102.3% |
| 51st | St. Lucia | -4.17% | -18.3% |
| 52nd | Rwanda | -4.04% | 17.4% |
| 53rd | United Kingdom | -3.88% | -192.1% |
| 54th | Costa Rica | -3.87% | 23.1% |
| 55th | Australia | -3.83% | -12.9% |
| 56th | Norway | -3.82% | 21.2% |
| 57th | Pakistan | -3.70% | -103.4% |
| 58th | Oman | -3.69% | -146.2% |
| 59th | Iceland | -3.66% | -10.7% |
| 60th | Cameroon | -3.49% | 36.9% |
| 61st | Algeria | -3.45% | -1,775.6% |
| 62nd | Canada | -3.00% | 6.9% |
| 63rd | Uganda | -3.00% | -191.2% |
| 64th | Egypt, Arab Republic of | -2.98% | -129.1% |
| 65th | Central African Republic | -2.74% | 52.5% |
| 66th | Thailand | -2.68% | -282.2% |
| 67th | Viet Nam | -2.61% | -0.3% |
| 68th | Mauritius | -2.60% | -176.6% |
| 69th | Cyprus | -2.51% | -1,202.7% |
| 70th | Sudan | -2.49% | 81.4% |
| 71st | Finland | -2.47% | -30.9% |
| 72nd | India | -2.41% | -38.6% |
| 73rd | Bahamas, The | -2.36% | -101.0% |
| 74th | United States | -2.32% | 30.0% |
| 75th | Honduras | -2.26% | 42.1% |
| 76th | Suriname | -1.98% | -2.4% |
| 77th | Trinidad and Tobago | -1.97% | 57.3% |
| 78th | Comoros | -1.94% | 82.2% |
| 79th | Hungary | -1.92% | 22.7% |
| 80th | Portugal | -1.89% | -306.0% |
| 81st | Bulgaria | -1.78% | -0.8% |
| 82nd | Indonesia | -1.66% | 34.3% |
| 83rd | Israel | -1.59% | 53.6% |
| 84th | Burkina Faso | -1.58% | 15.4% |
| 85th | Haiti | -1.54% | -35.9% |
| 86th | Iran, Islamic Republic of | -1.52% | -90.3% |
| 87th | Congo, Democratic Republic of | -1.49% | 53.5% |
| 88th | Syrian Arab Republic | -1.42% | -55.3% |
| 89th | Albania | -1.32% | -598.5% |
| 90th | Mexico | -1.31% | -128.5% |
| 91st | Ghana | -1.29% | -69.9% |
| 92nd | Greece | -1.27% | 32.5% |
| 93rd | Argentina | -1.24% | 64.4% |
| 94th | China | -1.22% | -1,207.6% |
| 95th | Denmark | -1.16% | 57.8% |
| 96th | Bangladesh | -1.03% | 38.0% |
| 97th | Spain | -1.01% | -8,314.4% |
| 98th | Philippines | -0.90% | 22.8% |
| 99th | Chile | -0.88% | 73.5% |
| 100th | Italy | -0.80% | -121.6% |
| 101st | Belize | -0.62% | -123.2% |
| 102nd | Nigeria | -0.60% | -329.6% |
| 103rd | Colombia | -0.55% | -1,243.5% |
| 104th | France | -0.46% | 4.8% |
| 105th | Dominican Republic | -0.35% | 92.0% |
| 106th | New Zealand | -0.33% | 91.8% |
| 107th | Sierra Leone | -0.27% | 83.8% |
| 108th | Sweden | -0.26% | -249.3% |
| 109th | Cabo Verde | -0.19% | -103.5% |
| 110th | Austria | -0.18% | 16.1% |
| 111th | Poland | -0.16% | 73.8% |
| 112th | Ireland | 0.25% | 197.3% |
| 113th | Uruguay | 0.27% | 114.1% |
| 114th | El Salvador | 0.62% | -89.2% |
| 115th | Jamaica | 1.24% | 124.2% |
| 116th | Brazil | 1.35% | 369.4% |
| 117th | Zimbabwe | 1.60% | 86.4% |
| 118th | Chad | 1.72% | 220.0% |
| 119th | Türkiye | 1.76% | 359.0% |
| 120th | Morocco | 1.84% | 128.4% |
| 121st | Tunisia | 2.08% | 325.4% |
| 122nd | Belgium | 2.28% | 18.2% |
| 123rd | South Africa | 2.44% | -53.9% |
| 124th | Japan | 2.53% | -22.4% |
| 125th | Netherlands | 2.72% | 60.6% |
| 126th | Malta | 3.02% | 134.5% |
| 127th | Barbados | 3.06% | 200.9% |
| 128th | Germany | 3.84% | 3.8% |
| 129th | Switzerland | 4.10% | 22.8% |
| 130th | Bahrain | 4.56% | 185.6% |
| 131st | Malaysia | 5.29% | -29.0% |
| 132nd | Maldives | 5.37% | -59.2% |
| 133rd | Korea | 6.21% | 9.5% |
| 134th | Fiji | 6.36% | 313.8% |
| 135th | Hong Kong SAR, China | 6.44% | -16.0% |
| 136th | Botswana | 7.33% | -72.3% |
| 137th | United Arab Emirates | 7.42% | -33.2% |
| 138th | Singapore | 7.63% | 1,703.8% |
| 139th | Samoa | 7.69% | -14.4% |
| 140th | Romania | 9.70% | 177.6% |
| 141st | Gambia, The | 12.10% | 1,541.8% |
| 142nd | Panama | 12.22% | 41.2% |
| 143rd | Eswatini | 13.74% | 69.1% |
| 144th | Kuwait | 22.24% | 13.2% |
| 145th | Lesotho | 23.33% | -53.5% |
| 146th | Qatar | 38.55% | -16.4% |
| 147th | Brunei Darussalam | 60.89% | 4.1% |
FAQ
What was Saudi Arabia's current account balance in 1988?▾
Saudi Arabia's current account balance in 1988 was -8.31%. This ranked 25th globally.
How did Saudi Arabia's current account balance change in 1988?▾
Saudi Arabia's current account balance increased by 27.2% in 1988 compared to 1987.
Which country had the highest current account balance in 1988?▾
Brunei Darussalam had the highest current account balance in 1988 at 60.89%.
What is the current account balance of Saudi Arabia in 1988?▾
The current account balance of Saudi Arabia in 1988 was -8.31%. This ranked 25th globally.
How does 1988 compare to 1987 for Saudi Arabia's current account balance?▾
Saudi Arabia's current account balance went from -11.39% in 1987 to -8.31% in 1988, a 27.2% increase.
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