Australia vs Saudi Arabia: Net acquisition of financial assets
Net acquisition of financial assets over time
- Australia
- Saudi Arabia
How they compare
Australia currently reports 50.08 billion current LCU against 39.18 billion current LCU in Saudi Arabia, a difference of 10.90 billion current LCU.
That makes Australia's figure about 1.3 times Saudi Arabia's.
The two have swapped places 1 time across 7 shared years of data; in 2016 it was Australia ahead.
Australia ranks 37th and Saudi Arabia ranks 38th of 134 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 28.79 billion current LCU | -77.66 billion current LCU | 106.44 billion current LCU | Australia |
| 2020s | 41.44 billion current LCU | 36.24 billion current LCU | 5.19 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Australia or Saudi Arabia?
- Australia, at 50.08 billion current LCU against 39.18 billion current LCU in Saudi Arabia as of 2022.
- What is the difference in net acquisition of financial assets between Australia and Saudi Arabia?
- 10.90 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Saudi Arabia?
- 7 years are reported by both, from 2016 to 2022.
- How do Australia and Saudi Arabia rank globally for net acquisition of financial assets?
- Australia ranks 37th and Saudi Arabia ranks 38th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.