Qatar recorded a Current Account surplus of 2.30 percent of the country's Gross Domestic Product in 2019. source: Qatar Central Bank

Current Account to GDP in Qatar averaged 21.78 percent from 1980 until 2019, reaching an all time high of 106.80 percent in 1980 and a record low of -31 percent in 1995. This page provides - Qatar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar Current Account to GDP - values, historical data and charts - was last updated on July of 2022.

Current Account to GDP in Qatar is expected to reach -1.70 percent of GDP by the end of 2021, 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 -1.00 percent of GDP in 2022, according to our econometric models.

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Qatar Current Account to GDP

Related Last Previous Unit Reference
Current Account 37371.00 41587.00 QAR Million Mar 2022
Current Account to GDP -2.50 2.30 percent of GDP Dec 2020
Capital Flows -15077.00 -9603.00 QAR Million Jun 2021
Foreign Direct Investment -2507.00 -724.00 QAR Million Sep 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.50 2.30 106.80 -31.00 1980 - 2020 percent of GDP Yearly