Qatar recorded a Current Account deficit of 14.70 percent of the country's Gross Domestic Product in 2021. source: Qatar Central Bank

Current Account to GDP in Qatar averaged 20.35 percent of GDP from 1980 until 2021, reaching an all time high of 106.80 percent of GDP in 1980 and a record low of -31 percent of GDP 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 November of 2022.

Current Account to GDP in Qatar is expected to reach -1.00 percent of GDP by the end of 2022, 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 2023, according to our econometric models.

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Qatar Current Account to GDP

Related Last Previous Unit Reference
Current Account 62809.00 37383.00 QAR Million Jun 2022
Current Account to GDP -14.70 -2.10 percent of GDP Dec 2021
Capital Flows -58373.00 -33979.00 QAR Million Jun 2022
Foreign Direct Investment 812.00 -4474.00 QAR Million Jun 2022

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
-14.70 -2.10 106.80 -31.00 1980 - 2021 percent of GDP Yearly