Economic Outlook 119 — Current account balance in USD in Other major oil producers
Other major oil producers: Economic Outlook 119 — Current account balance in USD was 83.37 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Other major oil producers, 1980–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook 119 — current account balance in usd in Other major oil producers is 83.37 billion, measured in 2027.
That represents a change of down 46.2% on the previous year and up 132.7% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Other major oil producers peaked at 365.68 billion in 2011 and was at its lowest, -87.98 billion, in 2015.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Other major oil producers, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 70.91 billion | — |
| 1981 | 31.18 billion | -56.0% |
| 1982 | 12.26 billion | -60.7% |
| 1983 | 17.61 billion | +43.6% |
| 1984 | 32.13 billion | +82.5% |
| 1985 | 36.49 billion | +13.6% |
| 1986 | -2.83 billion | -107.7% |
| 1987 | 8.54 billion | -402.3% |
| 1988 | -3.37 billion | -139.4% |
| 1989 | 20.49 billion | -708.8% |
| 1990 | 37.59 billion | +83.4% |
| 1991 | -40.98 billion | -209.0% |
| 1992 | -7.75 billion | -81.1% |
| 1993 | -6.10 billion | -21.3% |
| 1994 | 4.05 billion | -166.4% |
| 1995 | 2.92 billion | -27.8% |
| 1996 | 31.89 billion | +991.1% |
| 1997 | 20.02 billion | -37.2% |
| 1998 | -22.62 billion | -213.0% |
| 1999 | 19.62 billion | -186.7% |
| 2000 | 92.11 billion | +369.5% |
| 2001 | 43.07 billion | -53.2% |
| 2002 | 25.70 billion | -40.3% |
| 2003 | 44.66 billion | +73.8% |
| 2004 | 87.91 billion | +96.8% |
| 2005 | 211.14 billion | +140.2% |
| 2006 | 282.19 billion | +33.7% |
| 2007 | 248.79 billion | -11.8% |
| 2008 | 348.04 billion | +39.9% |
| 2009 | 71.92 billion | -79.3% |
| 2010 | 187.87 billion | +161.2% |
| 2011 | 365.68 billion | +94.6% |
| 2012 | 362.36 billion | -0.9% |
| 2013 | 310.15 billion | -14.4% |
| 2014 | 179.41 billion | -42.2% |
| 2015 | -87.98 billion | -149.0% |
| 2016 | -74.35 billion | -15.5% |
| 2017 | 35.83 billion | -148.2% |
| 2018 | 140.25 billion | +291.5% |
| 2019 | 47.51 billion | -66.1% |
| 2020 | -64.31 billion | -235.3% |
| 2021 | 145.49 billion | -326.2% |
| 2022 | 346.96 billion | +138.5% |
| 2023 | 222.38 billion | -35.9% |
| 2024 | 216.96 billion | -2.4% |
| 2025 | 154.49 billion | -28.8% |
| 2026 | 154.93 billion | +0.3% |
| 2027 | 83.37 billion | -46.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.34 billion | -3.37 billion | 70.91 billion | 10 |
| 1990s | 3.86 billion | -40.98 billion | 37.59 billion | 10 |
| 2000s | 145.55 billion | 25.70 billion | 348.04 billion | 10 |
| 2010s | 146.67 billion | -87.98 billion | 365.68 billion | 10 |
| 2020s | 157.53 billion | -64.31 billion | 346.96 billion | 8 |
Countries ranked near Other major oil producers
- 2 Japan 242.07 billion compare
- 3 Croatia -4.33 billion compare
- 3 Germany 213.28 billion compare
- 4 Netherlands 104.48 billion compare
- 4 Norway 77.34 billion compare
- 5 Ireland 71.49 billion compare
- 6 Denmark 55.21 billion compare
- 7 Slovenia 1.81 billion compare
- 7 Switzerland 52.85 billion compare
- 8 Lithuania 136.46 million compare
- 8 Spain 51.78 billion compare
More economy & growth data for Other major oil producers
- Economic Outlook No 117 — Balance of primary income in USD -36.50 billion (2026)
- Economic Outlook No 117 — Current account balance in USD 178.65 billion (2026)
- Economic Outlook No 117 — Current account balance as a percentage of 5.53 (2026)
- Economic Outlook No 117 — Current account balance in USD, residual 8.40 billion (2026)
- Economic Outlook No 116 — Current account balance 89.86 billion (2026)
- Economic Outlook No 117 — Balance of primary income as a percent of -1.13 (2026)
- Economic Outlook No 117 — Current account balance 178.65 billion (2026)
- Economic Outlook No 117 — Balance of primary income -36.50 billion (2026)
- Economic Outlook No 117 — Current account balance, residual item 8.40 billion (2026)
- Economic Outlook No 114 — Current account balance in USD, residual 20.00 billion (2025)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Other major oil producers?
- Economic outlook 119 — current account balance in usd in Other major oil producers was 83.37 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Other major oil producers?
- The highest recorded value was 365.68 billion in 2011.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Other major oil producers?
- The lowest recorded value was -87.98 billion in 2015.
- How does Other major oil producers rank for economic outlook 119 — current account balance in usd?
- Other major oil producers ranks 5th out of 13 regions with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Other major oil producers?
- Over the last ten years it is up 132.7%. The long-run trend across the full record is volatile.
- Where does this Other major oil producers data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP