Australia vs Saudi Arabia: Current account balance
Current account balance over time
- Australia
- Saudi Arabia
How they compare
Saudi Arabia currently reports -2.6% against -2.7% in Australia, a difference of 0.1%.
The two have swapped places 9 times across 37 shared years of data; in 1989 it was Australia ahead.
Australia ranks 114th and Saudi Arabia ranks 112th of 200 countries.
Across the 5 decades both report, Australia averaged higher in 2 and Saudi Arabia in 3.
Head to head by decade
| Decade | Australia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -6.1% | -10.0% | 3.9% | Australia |
| 1990s | -4.1% | -7.0% | 2.9% | Australia |
| 2000s | -5.3% | 16.5% | 21.8% | Saudi Arabia |
| 2010s | -3.2% | 8.9% | 12.1% | Saudi Arabia |
| 2020s | -0.2% | 1.7% | 1.9% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Australia or Saudi Arabia?
- Saudi Arabia, at -2.6% against -2.7% in Australia as of 2025.
- What is the difference in current account balance between Australia and Saudi Arabia?
- 0.1%, with Saudi Arabia ahead.
- How many years of comparable data are there for Australia and Saudi Arabia?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Saudi Arabia rank globally for current account balance?
- Australia ranks 114th and Saudi Arabia ranks 112th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.