Qatar recorded a Current Account surplus of 8.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Qatar averaged 22.28 percent from 1980 until 2018, reaching an all time high of 106.80 percent in 1980 and a record low of -31 percent in 1995.

Current Account to GDP in Qatar is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Current Account to GDP is projected to trend around 3.50 percent in 2020, according to our econometric models.

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Qatar Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
8.70 3.80 106.80 -31.00 1980 - 2018 percent Yearly

Qatar Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 12502.00 11705.00 98671.00 4795.00 QAR Million [+]
Current Account 1877.00 6200.00 66727.00 -8942.00 QAR Million [+]
Current Account to GDP 8.70 3.80 106.80 -31.00 percent [+]
Imports 9673.00 8350.00 28435.00 3911.00 QAR Million [+]
Exports 22175.00 19201.00 124265.00 10709.00 QAR Million [+]
Capital Flows 12780.00 5783.00 15937.00 -227805.00 QAR Million [+]
Gold Reserves 42.21 39.10 42.21 0.59 Tonnes [+]
Crude Oil Production 1520.00 1520.00 1520.00 539.00 BBL/D/1K [+]
Foreign Direct Investment 1137.00 -6990.00 3777.00 -6990.00 QAR Million [+]
Terrorism Index 0.03 0.06 2.23 0.00 [+]
Tourist Arrivals 2256.00 2938.00 2941.00 309.00 Thousand [+]