Current account balance as a proportion of GDP in Qatar
Qatar: Current account balance as a proportion of GDP was 17.3% in 2024. ◆ Volatile
Latest (2024)
17.3%
Change on year
up 3.0%
World rank
6th
of 177 countries
All-time high
33.2%
in 2012
All-time low
-5.5%
in 2016
Years of data
14
2011–2024
Current account balance as a proportion of GDP in Qatar, 2011–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, current account balance as a proportion of gdp in Qatar stood at 17.3%.
The figure is up 3.0% on the previous year and down 27.9% over ten years.
Over the whole period, current account balance as a proportion of gdp in Qatar peaked at 33.2% in 2012 and was at its lowest, -5.5%, in 2016.
That places Qatar 6th out of 177 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Qatar, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 31.1% | — |
| 2012 | 33.2% | +6.8% |
| 2013 | 30.4% | -8.3% |
| 2014 | 24.0% | -21.2% |
| 2015 | 8.5% | -64.5% |
| 2016 | -5.5% | -164.1% |
| 2017 | 4.0% | -173.2% |
| 2018 | 9.1% | +127.7% |
| 2019 | 2.4% | -73.4% |
| 2020 | -2.1% | -185.6% |
| 2021 | 14.6% | -808.3% |
| 2022 | 26.8% | +82.9% |
| 2023 | 16.8% | -37.4% |
| 2024 | 17.3% | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.2% | -5.5% | 33.2% | 9 |
| 2020s | 14.7% | -2.1% | 26.8% | 5 |
Countries ranked near Qatar
- 3 Cabo Verde 3.9% compare
- 3 San Marino 22.0% compare
- 4 Singapore 17.5% compare
- 5 Ireland 17.4% compare
- 5 Türkiye -0.7% compare
- 7 Andorra 16.1% compare
- 8 Bermuda 15.4% compare
- 9 Democratic Republic of the Congo -3.8% compare
- 9 Papua New Guinea 15.0% compare
More economy & growth data for Qatar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9074 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.61 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate -8.87 % change on previous year (2020)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4035 constant 2015 US$ per US$ of GDP (2020)
- Imports of goods and services (constant 2015 US$), per capita 20,854 constant 2015 US$ per person (2020)
- External balance on goods and services (current US$), annual growth 96.58 % change on previous year (2022)
- External balance on goods and services (current LCU), annual growth 96.58 % change on previous year (2022)
- Agriculture, forestry, and fishing, value added (current LCU), annual 4.94 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0111 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 807.81 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Qatar?
- Current account balance as a proportion of gdp in Qatar was 17.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Qatar?
- The highest recorded value was 33.2% in 2012.
- What is the lowest current account balance as a proportion of gdp recorded in Qatar?
- The lowest recorded value was -5.5% in 2016.
- How does Qatar rank for current account balance as a proportion of gdp?
- Qatar ranks 6th out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Qatar?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is volatile.
- Where does this Qatar data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under UN SDG Global Database (open, attribution requested).