Ethiopia vs Saudi Arabia: Current account balance
Current account balance over time
- Ethiopia
- Saudi Arabia
How they compare
Ethiopia currently reports -2.5% against -2.6% in Saudi Arabia, a difference of 0.1%.
The two have swapped places 8 times across 48 shared years of data; in 1977 it was Saudi Arabia ahead.
Ethiopia ranks 111th and Saudi Arabia ranks 112th of 200 countries.
Across the 6 decades both report, Ethiopia averaged higher in 2 and Saudi Arabia in 4.
Head to head by decade
| Decade | Ethiopia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.6% | 7.5% | 9.1% | Saudi Arabia |
| 1980s | -2.0% | -3.2% | 1.3% | Ethiopia |
| 1990s | -1.1% | -7.0% | 5.9% | Ethiopia |
| 2000s | -5.6% | 16.5% | 22.1% | Saudi Arabia |
| 2010s | -7.2% | 8.9% | 16.1% | Saudi Arabia |
| 2020s | -3.4% | 2.5% | 5.9% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Ethiopia or Saudi Arabia?
- Ethiopia, at -2.5% against -2.6% in Saudi Arabia as of 2024.
- What is the difference in current account balance between Ethiopia and Saudi Arabia?
- 0.1%, with Ethiopia ahead.
- How many years of comparable data are there for Ethiopia and Saudi Arabia?
- 48 years are reported by both, from 1977 to 2024.
- How do Ethiopia and Saudi Arabia rank globally for current account balance?
- Ethiopia ranks 111th 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.
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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.