Current Account in Qatar

Qatar Current Account | Economic News & Forecasts

Qatar - Current Account

Annual economic growth accelerated in the second quarter compared to the first, with growth driven by a large output increase in the construction sector, which continues to benefit from infrastructure preparations for the 2022 World Cup. There was also a strong expansion in the manufacturing sector in Q2. However, production in the mining and quarrying sector fell, partly because Qatar is still to reverse its recent oil production cutbacks. Turning to Q3, the economy appeared to perform well, with industrial production growing at a solid pace in August and July.

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

Exchange Rate3.64-0.03 %Nov 13
Stock Market0.30.34 %Nov 13

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