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FINANCIAL NEWS
Saudi account surplus expected to decline
19 Sep 2013
(MENAFN) Jadwa Investment stated that the current account surplus in Saudi Arabia will decrease this year versus last year due to lower oil export revenue, Saudi Gazette reported.
The surplus will decrease to 14.2 percent of the gross domestic product (GDP) down from 23.2 percent of the GDP in 2012.
In dollar terms, the surplus will drop to USD105.8 billion this year from USD164.8 billion last year registering a 35.7 percent drop.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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