oil GDF deflator showed an increase of 2.40 percent, according to estimates by the Central Department of Statistics and Information. He stated that according to SAMA preliminary data, trade balance is estimated to record a surplus of SR 390.3 ($104.1) billion in 2009, a decline of 50.9 per cent compared to last year, as a result of the decline in oil price and quantity as well as non-oil exports. Current account is estimated to record a surplus amounting to SR 76.7 ($20.5) billion in 2009 compared to SR 496.2 ($132.3) billion in 2008, a decline of 84.5 percent. --More
