Current Account in Qatar
Qatar - Current AccountThe 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
|Current Account (% of GDP)||30.4||24.0||8.4||-5.4||3.8|
5 years of economic forecasts for more than 30 economic indicators.
Qatar Current Account Chart
Source: Qatar Central Bank.
|Exchange Rate||3.64||-0.03 %||Mar 11|
|Stock Market||0.2||0.34 %||Mar 11|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.