Current Account in Qatar

Qatar Current Account | Economic News & Forecasts

Qatar - Current Account

The latest data suggests the economy could have lost some momentum in Q4 2018. December’s industrial production growth decelerated on a slowdown in the extraction of crude oil and natural gas. Moreover, the real estate index continued to decline in Q4 in annual terms, while tourist arrivals were soft. Moving to Q1, growth will likely moderate further: January’s merchandise exports shrank at the fastest pace in over two years due to a decline in oil shipments. More positively, Qatar Petroleum and ExxonMobil agreed to a USD 10 billion investment in a Texas-based LNG project, which should provide a reliable revenue stream to the state-owned oil company.

Qatar - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)30.4  24.0  8.4  -5.4  3.8  

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Qatar Current Account Chart


Qatar Current Account
Note: Current account balance as % of GDP.
Source: Qatar Central Bank.

Qatar Facts

ValueChangeDate
Exchange Rate3.64-0.03 %Mar 11
Stock Market0.20.34 %Mar 11

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