Economic Outlook No 117 — Current account balance, residual item in Other major oil producers
Other major oil producers: Economic Outlook No 117 — Current account balance, residual item was 8.40 billion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance, residual item in Other major oil producers, 1980–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — current account balance, residual item in Other major oil producers stood at 8.40 billion.
That represents a change of down 0.7% on the previous year and up 200.4% over ten years.
Over the whole period, economic outlook no 117 — current account balance, residual item in Other major oil producers peaked at 16.82 billion in 1980 and was at its lowest, -11.76 billion, in 1982.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance, residual item in Other major oil producers, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 16.82 billion | — |
| 1981 | -3.24 billion | -119.3% |
| 1982 | -11.76 billion | +262.5% |
| 1983 | -6.65 billion | -43.4% |
| 1984 | 1.28 billion | -119.2% |
| 1985 | 444.01 million | -65.2% |
| 1986 | 55.86 million | -87.4% |
| 1987 | 426.89 million | +664.2% |
| 1988 | 88.69 million | -79.2% |
| 1989 | 3.37 billion | +3699.4% |
| 1990 | 5.18 billion | +53.8% |
| 1991 | 6.36 billion | +22.7% |
| 1992 | 4.74 billion | -25.5% |
| 1993 | 2.28 billion | -52.0% |
| 1994 | 1.37 billion | -39.7% |
| 1995 | 1.67 billion | +21.9% |
| 1996 | 3.20 billion | +91.5% |
| 1997 | 2.46 billion | -23.3% |
| 1998 | 2.52 billion | +2.4% |
| 1999 | 2.46 billion | -2.4% |
| 2000 | -2.90 billion | -217.9% |
| 2001 | 1.16 billion | -139.9% |
| 2002 | 1.42 billion | +22.6% |
| 2003 | -3.02 billion | -313.2% |
| 2004 | 2.73 billion | -190.4% |
| 2005 | 11.02 billion | +303.4% |
| 2006 | 5.38 billion | -51.2% |
| 2007 | 6.29 billion | +16.9% |
| 2008 | 9.66 billion | +53.5% |
| 2009 | 6.29 billion | -34.9% |
| 2010 | 8.08 billion | +28.5% |
| 2011 | 6.26 billion | -22.6% |
| 2012 | 8.66 billion | +38.4% |
| 2013 | 7.61 billion | -12.2% |
| 2014 | 8.06 billion | +6.0% |
| 2015 | 4.34 billion | -46.2% |
| 2016 | 2.80 billion | -35.5% |
| 2017 | 4.44 billion | +58.7% |
| 2018 | 4.98 billion | +12.3% |
| 2019 | 7.09 billion | +42.3% |
| 2020 | 4.97 billion | -29.9% |
| 2021 | 8.38 billion | +68.6% |
| 2022 | 8.13 billion | -2.9% |
| 2023 | 8.20 billion | +0.8% |
| 2024 | 8.44 billion | +2.9% |
| 2025 | 8.46 billion | +0.2% |
| 2026 | 8.40 billion | -0.7% |
Biggest year-on-year movements
Years where Economic Outlook No 117 — Current account balance, residual item in Other major oil producers changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +3699.4% | 88.69 million | 3.37 billion |
| 1987 | +664.2% | 55.86 million | 426.89 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 82.49 million | -11.76 billion | 16.82 billion | 10 |
| 1990s | 3.22 billion | 1.37 billion | 6.36 billion | 10 |
| 2000s | 3.80 billion | -3.02 billion | 11.02 billion | 10 |
| 2010s | 6.23 billion | 2.80 billion | 8.66 billion | 10 |
| 2020s | 7.85 billion | 4.97 billion | 8.46 billion | 7 |
Countries ranked near Other major oil producers
- 1 Colombia 44.20 trillion compare
- 1 Poland 18.26 billion compare
- 2 Argentina 1.49 trillion compare
- 2 Croatia 0 compare
- 3 Costa Rica 415.79 billion compare
- 3 Lithuania 269.03 million compare
- 4 Estonia 0 compare
- 4 Latvia 0 compare
- 4 Luxembourg 11.90 billion compare
- 4 Netherlands 0 compare
- 4 Slovenia 0 compare
- 5 Spain 1.51 billion compare
More economy & growth data for Other major oil producers
- Economic Outlook 119 — Current account balance in USD 83.37 billion (2027)
- 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 114 — Current account balance in USD, residual 20.00 billion (2025)
Frequently asked questions
- What is economic outlook no 117 — current account balance, residual item in Other major oil producers?
- Economic outlook no 117 — current account balance, residual item in Other major oil producers was 8.40 billion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance, residual item recorded in Other major oil producers?
- The highest recorded value was 16.82 billion in 1980.
- What is the lowest economic outlook no 117 — current account balance, residual item recorded in Other major oil producers?
- The lowest recorded value was -11.76 billion in 1982.
- How does Other major oil producers rank for economic outlook no 117 — current account balance, residual item?
- Other major oil producers ranks 2nd out of 8 regions with data for 2026.
- Is economic outlook no 117 — current account balance, residual item rising or falling in Other major oil producers?
- Over the last ten years it is up 200.4%. 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 No 117 — Current account balance, residual item. 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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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