Current Account
Middle East Ranking
balance as percent of GDPSource: IMF
Definition of Current Account
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
---|---|---|---|---|---|
1 ↑ | Qatar | 14.64 | 2021 | 10 | -2.47 |
2 | Afghanistan | 14.2 | 2020 | 2 | 11.71 |
3 | United Arab Emirates | 5.88 | 2020 | 3 | 8.95 |
4 | Israel | 4.68 | 2021 | 4 | 5.46 |
5 ↓ | Kuwait | 3.22 | 2020 | 1 | 12.53 |
6 ↑ | Iran | 2.01 | 2021 | 7 | -0.08 |
7 ↑ | Turkey | -1.74 | 2021 | 13 | -4.96 |
8 ↓ | Saudi Arabia | -2.1 | 2020 | 5 | 4.8 |
9 ↑ | Yemen | -5.96 | 2020 | 11 | -3.85 |
10 ↓ | Jordan | -8 | 2020 | 9 | -2.1 |
11 ↓ | Bahrain | -9.34 | 2020 | 8 | -2.07 |
12 ↓ | Iraq | -10.8 | 2020 | 6 | 0.47 |
13 ↓ | Oman | -12.02 | 2020 | 12 | -4.91 |
14 | Lebanon | -14.19 | 2020 | 14 | -28.03 |
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.