Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Saudi Arabia
SAUB6FATT01NCCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,567,803,000.00
Year-over-Year Change
-236.41%
Date Range
1/1/2006 - 7/1/2023
Summary
The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Saudi Arabia measures the country's net international investment position, providing insights into its overall economic stability and global financial standing.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents Saudi Arabia's net financial transactions with the rest of the world, tracking the difference between the country's foreign financial assets and liabilities. It is a key indicator used by economists and policymakers to assess the nation's external financial position and capital flows.
Methodology
The data is collected and calculated by the Saudi Arabian Monetary Authority based on international standards and guidelines.
Historical Context
This metric is closely monitored by global investors, multinational institutions, and economic analysts to gauge Saudi Arabia's financial health and international competitiveness.
Key Facts
- Saudi Arabia had a net international investment position of $493.3 billion in 2021.
- The country's financial account balance has fluctuated significantly in recent years.
- This metric is a critical indicator of Saudi Arabia's global economic integration and financial resilience.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Saudi Arabia measures the country's net international investment position, tracking the difference between its foreign financial assets and liabilities.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and global investors as it provides insights into Saudi Arabia's overall financial stability, capital flows, and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Saudi Arabian Monetary Authority based on international standards and guidelines.
Q: How is this trend used in economic policy?
A: This metric is used by Saudi policymakers, multinational institutions, and global analysts to assess the country's external financial position and inform decisions related to economic, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Saudi Arabian Monetary Authority, and there may be occasional lags or revisions in the reported figures.
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Total External Debt for Saudi Arabia
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Citation
U.S. Federal Reserve, Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Saudi Arabia (SAUB6FATT01NCCUQ), retrieved from FRED.