Services balance (credit less debit), Net (credits less debits) (US) in Qatar
Qatar: Services balance (credit less debit), Net (credits less debits) (US) was -6.91 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Qatar, 2011–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Qatar is -6.91 billion, measured in 2024. That is the highest value across all 14 years on record.
The figure is up 41.3% on the previous year and up 64.2% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Qatar peaked at -6.91 billion in 2024 and was at its lowest, -19.33 billion, in 2014.
That places Qatar 172nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Qatar, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | -9.47 billion | — |
| 2012 | -13.98 billion | +47.6% |
| 2013 | -16.30 billion | +16.6% |
| 2014 | -19.33 billion | +18.6% |
| 2015 | -15.78 billion | -18.4% |
| 2016 | -16.37 billion | +3.7% |
| 2017 | -13.72 billion | -16.2% |
| 2018 | -14.23 billion | +3.7% |
| 2019 | -16.30 billion | +14.6% |
| 2020 | -15.27 billion | -6.4% |
| 2021 | -15.99 billion | +4.8% |
| 2022 | -10.27 billion | -35.8% |
| 2023 | -11.77 billion | +14.6% |
| 2024 | -6.91 billion | -41.3% |
Qatar compared with similar countries
- Qatar's -6.91 billion is below the median for high income countries, which is 910.63 million. (72 countries reporting)
- Qatar's -6.91 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.90 million. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -15.05 billion | -19.33 billion | -9.47 billion | 9 |
| 2020s | -12.04 billion | -15.99 billion | -6.91 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 services balance (credit less debit), net (credits less debits) in Qatar?
- Services balance (credit less debit), net (credits less debits) in Qatar was -6.91 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Qatar?
- The highest recorded value was -6.91 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Qatar?
- The lowest recorded value was -19.33 billion in 2014.
- How does Qatar rank for services balance (credit less debit), net (credits less debits)?
- Qatar ranks 172nd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Qatar?
- Over the last ten years it is up 64.2%. The long-run trend across the full record is rising.
- Where does this Qatar data come from?
- The figures come from International Monetary Fund, published as part of Services 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.