Current Account Balance: Qatar
Qatar's current account balance is currently 10.2 % of GDP as of 2026. # Qatar Current Account Balance Qatar's current account balance stands at 10.
Current (2026)
10.2 % of GDP
-5.6% y/y
Peak (1980)
125.5 % of GDP
Low (1997)
-30.9 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Qatar
1980 — 2026
Current Account Balance — Qatar
Analysis# Qatar Current Account Balance
Qatar's current account balance stands at 10.2% of GDP in 2026, reflecting a dramatic reversal from its extraordinary peak of 125.5% in 1980. The nation has experienced a 91.9% decline since then, yet remains in a healthy surplus position. This contrasts sharply with its worst performance of -30.9% in 1997, when Qatar faced significant external pressures. The overall trajectory shows a volatile economy heavily dependent on oil and gas export cycles.
Recent years reveal substantial fluctuations, with the account balance swinging from -2.1% in 2020 to a peak of 26.8% in 2022, reflecting global energy price movements. The surplus has moderated since that 2022 high, settling into the 10-17% range from 2023 onward. Projections indicate continued stabilization around 10%, suggesting Qatar's current account may have found a sustainable equilibrium as global energy markets mature and diversification efforts advance.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 11.6 % of GDP | +1.75% |
| 2029 | 11.4 % of GDP | -5.00% |
| 2028 | 12 % of GDP | +0.00% |
| 2027 | 12 % of GDP | +17.65% |
| 2026 | 10.2 % of GDP | -5.56% |
| 2025 | 10.8 % of GDP | -37.93% |
| 2024 | 17.4 % of GDP | +1.75% |
| 2023 | 17.1 % of GDP | -36.19% |
| 2022 | 26.8 % of GDP | +83.56% |
| 2021 | 14.6 % of GDP | +795.24% |
| 2020 | -2.1 % of GDP | -187.50% |
| 2019 | 2.4 % of GDP | -73.63% |
| 2018 | 9.1 % of GDP | +127.50% |
| 2017 | 4 % of GDP | +172.73% |
| 2016 | -5.5 % of GDP | -164.71% |
| 2015 | 8.5 % of GDP | -64.58% |
| 2014 | 24 % of GDP | -21.05% |
| 2013 | 30.4 % of GDP | -8.43% |
| 2012 | 33.2 % of GDP | +6.75% |
| 2011 | 31.1 % of GDP | +55.50% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 20 % of GDP | +177.78% |
| 2009 | 7.2 % of GDP | -69.49% |
| 2008 | 23.6 % of GDP | +56.29% |
| 2007 | 15.1 % of GDP | -6.21% |
| 2006 | 16.1 % of GDP | -4.17% |
| 2005 | 16.8 % of GDP | -31.71% |
| 2004 | 24.6 % of GDP | +1.23% |
| 2003 | 24.3 % of GDP | +22.73% |
| 2002 | 19.8 % of GDP | -16.46% |
| 2001 | 23.7 % of GDP | +157.61% |
| 2000 | 9.2 % of GDP | +1050.00% |
| 1999 | 0.8 % of GDP | +103.14% |
| 1998 | -25.5 % of GDP | +17.48% |
| 1997 | -30.9 % of GDP | -13.19% |
| 1996 | -27.3 % of GDP | +1.09% |
| 1995 | -27.6 % of GDP | -43.75% |
| 1994 | -19.2 % of GDP | +11.11% |
| 1993 | -21.6 % of GDP | -29.34% |
| 1992 | -16.7 % of GDP | -7.05% |
| 1991 | -15.6 % of GDP | -47.17% |
| 1990 | -10.6 % of GDP | -120.19% |
| 1989 | 52.5 % of GDP | +36.36% |
| 1988 | 38.5 % of GDP | -16.49% |
| 1987 | 46.1 % of GDP | +17.30% |
| 1986 | 39.3 % of GDP | -46.31% |
| 1985 | 73.2 % of GDP | -25.91% |
| 1984 | 98.8 % of GDP | +46.81% |
| 1983 | 67.3 % of GDP | -22.73% |
| 1982 | 87.1 % of GDP | -21.88% |
| 1981 | 111.5 % of GDP | -11.16% |
| 1980 | 125.5 % of GDP | — |
Related Data
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For Qatar
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