Current account balance (credit less debit), Net (credits less) in Qatar
Qatar: Current account balance (credit less debit), Net (credits less) was 37.88 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Qatar, 2011–2024
Source: International Monetary Fund.
Analysis
Qatar recorded 37.88 billion for current account balance (credit less debit), net (credits less debits) in 2024.
That represents a change of up 3.9% on the previous year and down 23.3% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Qatar peaked at 63.12 billion in 2022 and was at its lowest, -8.27 billion, in 2016.
Qatar ranks 16th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Qatar, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 52.12 billion | — |
| 2012 | 62.00 billion | +18.9% |
| 2013 | 60.46 billion | -2.5% |
| 2014 | 49.41 billion | -18.3% |
| 2015 | 13.75 billion | -72.2% |
| 2016 | -8.27 billion | -160.1% |
| 2017 | 6.43 billion | -177.7% |
| 2018 | 16.65 billion | +159.2% |
| 2019 | 4.26 billion | -74.4% |
| 2020 | -2.99 billion | -170.1% |
| 2021 | 26.32 billion | -981.5% |
| 2022 | 63.12 billion | +139.8% |
| 2023 | 36.45 billion | -42.2% |
| 2024 | 37.88 billion | +3.9% |
Qatar compared with similar countries
- Qatar's 37.88 billion is above the median for high income countries, which is 547.38 million, 69.2× the median. (72 countries reporting)
- Qatar's 37.88 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 94.83 million, 399.5× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Qatar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +981.5% | -2.99 billion | 26.32 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.53 billion | -8.27 billion | 62.00 billion | 9 |
| 2020s | 32.16 billion | -2.99 billion | 63.12 billion | 5 |
Countries ranked near Qatar
More financial sector data for Qatar
- Reserve position in the IMF, US dollar, annual growth rate 8.42 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 88.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.24 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 64.45 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.42 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 88.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.24 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Qatar?
- Current account balance (credit less debit), net (credits less debits) in Qatar was 37.88 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Qatar?
- The highest recorded value was 63.12 billion in 2022.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Qatar?
- The lowest recorded value was -8.27 billion in 2016.
- How does Qatar rank for current account balance (credit less debit), net (credits less debits)?
- Qatar ranks 16th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Qatar?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is volatile.
- Where does this Qatar data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.