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 May of 2021.

Current Account to GDP in Qatar is expected to reach -2.20 percent by the end of 2020, 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 -1.70 percent in 2021 and -1.00 percent in 2022, according to our econometric models.

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Qatar Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
2.30 8.70 106.80 -31.00 1980 - 2019 percent Yearly

Qatar Trade Last Previous Highest Lowest Unit
Balance of Trade 13180.00 13222.00 98671.00 4346.00 QAR Million [+]
Current Account 276.00 -8475.00 66727.00 -8942.00 QAR Million [+]
Current Account to GDP 2.30 8.70 106.80 -31.00 percent [+]
Imports 8881.00 7392.00 28435.00 3911.00 QAR Million [+]
Exports 22061.00 20614.00 124265.00 10709.00 QAR Million [+]
Capital Flows 10436.00 -4089.00 15937.00 -227805.00 QAR Million [+]
Gold Reserves 56.71 51.56 56.71 0.59 Tonnes [+]
Crude Oil Production 1362.00 1530.00 1530.00 539.00 BBL/D/1K [+]
Foreign Direct Investment -2507.00 -724.00 3777.00 -7575.00 QAR Million [+]
Terrorism Index 0.01 0.03 2.23 0.00 [+]
Tourist Arrivals 2137.00 1819.00 2941.00 309.00 Thousand [+]


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.