Current Account in Qatar

Qatar Current Account (USD bn) | Economic News & Forecasts

Qatar - Current Account (billions of U.S. Dollars)

The economy likely accelerated in the first quarter of the year, following the weakest expansion in nearly a decade in Q4 2018. The PMI for the non-energy private sector averaged higher in Q1 than in the previous quarter, with new business orders driving the expansion. Moreover, industrial production performed well above Q4’s average in year-on-year terms in the first two months of the year on the back of robust dynamics in the mining and quarrying sector. Despite remaining at relatively low levels, Qatar’s real estate index grew throughout Q1, suggesting the real estate market is slowly stabilizing. In addition, private sector credit growth grew steadily in year-on-year terms in Q1, which, coupled with subdued price pressures, should have supported household spending.

Qatar - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)60.5  49.4  13.7  -8.3  6.4  

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Qatar Facts

ValueChangeDate
Exchange Rate3.64-0.03 %May 13
Stock Market0.20.34 %May 13

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