External balance on goods and services in Qatar
Qatar: External balance on goods and services was 87.17 billion current US$ in 2022. ◆ Volatile
Latest (2022)
87.17 billion current US$
Change on year
up 96.6%
World rank
8th
of 193 countries
All-time high
88.18 billion current US$
in 2012
All-time low
82.14 million current US$
in 1995
Years of data
43
1980–2022
External balance on goods and services in Qatar, 1980–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Qatar recorded 87.17 billion current US$ for external balance on goods and services in 2022.
The figure is up 96.6% on the previous year and down 1.1% over ten years.
Over the whole period, external balance on goods and services in Qatar peaked at 88.18 billion current US$ in 2012 and was at its lowest, 82.14 million current US$, in 1995.
Qatar ranks 8th of 193 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Qatar, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 3.73 billion current US$ | — |
| 1981 | 3.41 billion current US$ | -8.7% |
| 1982 | 1.91 billion current US$ | -44.0% |
| 1983 | 1.22 billion current US$ | -35.8% |
| 1984 | 1.62 billion current US$ | +32.7% |
| 1985 | 1.34 billion current US$ | -17.3% |
| 1986 | 319.51 million current US$ | -76.2% |
| 1987 | 502.47 million current US$ | +57.3% |
| 1988 | 564.29 million current US$ | +12.3% |
| 1989 | 890.66 million current US$ | +57.8% |
| 1990 | 1.57 billion current US$ | +76.4% |
| 1991 | 956.59 million current US$ | -39.1% |
| 1992 | 1.18 billion current US$ | +23.9% |
| 1993 | 817.03 million current US$ | -31.0% |
| 1994 | 818.68 million current US$ | +0.2% |
| 1995 | 82.14 million current US$ | -90.0% |
| 1996 | 357.14 million current US$ | +334.8% |
| 1997 | 1.37 billion current US$ | +283.2% |
| 1998 | 1.14 billion current US$ | -16.6% |
| 1999 | 4.26 billion current US$ | +272.8% |
| 2000 | 7.98 billion current US$ | +87.6% |
| 2001 | 6.46 billion current US$ | -19.1% |
| 2002 | 6.24 billion current US$ | -3.4% |
| 2003 | 7.82 billion current US$ | +25.4% |
| 2004 | 12.05 billion current US$ | +54.1% |
| 2005 | 15.77 billion current US$ | +30.9% |
| 2006 | 16.48 billion current US$ | +4.5% |
| 2007 | 19.48 billion current US$ | +18.2% |
| 2008 | 38.38 billion current US$ | +97.0% |
| 2009 | 21.64 billion current US$ | -43.6% |
| 2010 | 48.26 billion current US$ | +123.0% |
| 2011 | 78.05 billion current US$ | +61.7% |
| 2012 | 88.18 billion current US$ | +13.0% |
| 2013 | 85.56 billion current US$ | -3.0% |
| 2014 | 76.22 billion current US$ | -10.9% |
| 2015 | 33.02 billion current US$ | -56.7% |
| 2016 | 8.92 billion current US$ | -73.0% |
| 2017 | 23.01 billion current US$ | +157.9% |
| 2018 | 36.75 billion current US$ | +59.7% |
| 2019 | 25.28 billion current US$ | -31.2% |
| 2020 | 11.87 billion current US$ | -53.0% |
| 2021 | 44.35 billion current US$ | +273.6% |
| 2022 | 87.17 billion current US$ | +96.6% |
Qatar compared with similar countries
- Qatar's 87.17 billion current US$ is above the median for high income countries, which is 3.43 billion current US$, 25.4× the median. (72 countries reporting)
- Qatar's 87.17 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.68 billion current US$. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.55 billion current US$ | 319.51 million current US$ | 3.73 billion current US$ | 10 |
| 1990s | 1.26 billion current US$ | 82.14 million current US$ | 4.26 billion current US$ | 10 |
| 2000s | 15.23 billion current US$ | 6.24 billion current US$ | 38.38 billion current US$ | 10 |
| 2010s | 50.32 billion current US$ | 8.92 billion current US$ | 88.18 billion current US$ | 10 |
| 2020s | 47.80 billion current US$ | 11.87 billion current US$ | 87.17 billion current US$ | 3 |
Countries ranked near Qatar
- 5 Germany 119.04 billion current US$ compare
- 6 South Korea 96.70 billion current US$ compare
- 7 Switzerland 93.33 billion current US$ compare
- 9 United Arab Emirates 76.55 billion current US$ compare
- 10 Spain 72.91 billion current US$ compare
- 11 Russia 69.06 billion current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.34 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0155 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,125 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 559.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0141 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,020 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 3.45 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Qatar?
- External balance on goods and services in Qatar was 87.17 billion current US$ in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Qatar?
- The highest recorded value was 88.18 billion current US$ in 2012.
- What is the lowest external balance on goods and services recorded in Qatar?
- The lowest recorded value was 82.14 million current US$ in 1995.
- How does Qatar rank for external balance on goods and services?
- Qatar ranks 8th out of 193 countries with data for 2022.
- Is external balance on goods and services rising or falling in Qatar?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is volatile.
- Where does this Qatar data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.