Exports of Services (BoP, USD) in Saudi Arabia

Exports of services as a part of balance of payment reached 18.1 USD bil in 2017 in Saudi Arabia, according to the National Statistical Office. This is 5.10 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Saudi Arabia reached an all time high of 18.1 USD bil in 2017 and an all time low of 0.154 USD bil in 1971. When compared to Saudi Arabia's main peers, exports of services as a part of balance of payment in Iraq amounted to 6.05 USD bil and 6.79 USD bil in Jordan in 2017.

Saudi Arabia has been ranked 44th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 5 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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