Qatar Forecast: Current Account Balance

1980 - 2029 | Yearly | USD bn | International Monetary Fund

Key information about Qatar Forecast: Current Account Balance

  • Qatar Current Account Balance is forecasted to be 29.744 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 36.470 USD bn in Dec 2023.
  • Looking ahead, Qatar Current Account Balance is projected to stand at 31.892 USD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Qatar's Forecast: Current Account Balance from 1980 to 2029 in the chart:

Qatar Forecast: Current Account Balance

What is Qatar's Forecast: Current Account Balance in 2029?

Qatar Current Account Balance is forecasted to be 29.744 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
31.892 2029 36.064 2028 -8.270 2016 63.118 2022 USD bn yearly 1980 - 2029

Forecast: Current Account Balance by Country Comparison

country/region Last Frequency Range
Afghanistan (USD bn) 2.814 2020 yearly 2002 - 2020
Albania (USD bn) -0.217 2029 yearly 1980 - 2029
Algeria (USD bn) -7.532 2029 yearly 1980 - 2029
Andorra (USD bn) 0.814 2029 yearly 2019 - 2029
Angola (USD bn) 1.605 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.253 2029 yearly 2014 - 2029
Argentina (USD bn) 10.560 2029 yearly 1980 - 2029
Armenia (USD bn) -1.665 2029 yearly 1992 - 2029
Aruba (USD bn) 0.152 2029 yearly 1999 - 2029
Australia (USD bn) -28.731 2029 yearly 1980 - 2029
Austria (USD bn) 14.304 2029 yearly 1980 - 2029
Azerbaijan (USD bn) 0.418 2029 yearly 1992 - 2029
Bahamas (USD bn) -1.207 2029 yearly 1980 - 2029
Bahrain (USD bn) 1.690 2029 yearly 1980 - 2029
Bangladesh (USD bn) -9.885 2029 yearly 1980 - 2029
Barbados (USD bn) -0.445 2029 yearly 1980 - 2029
Belarus (USD bn) -2.218 2029 yearly 1992 - 2029
Belgium (USD bn) 6.520 2029 yearly 1980 - 2029
Belize (USD bn) -0.098 2029 yearly 1980 - 2029
Benin (USD bn) -1.412 2029 yearly 1980 - 2029
Bhutan (USD bn) -0.728 2029 yearly 1980 - 2029
Bolivia (USD bn) -3.985 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.411 2029 yearly 1998 - 2029
Botswana (USD bn) 0.062 2029 yearly 1980 - 2029
Brazil (USD bn) -44.939 2029 yearly 1980 - 2029
Brunei (USD bn) 2.412 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.401 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.585 2029 yearly 1980 - 2029
Cambodia (USD bn) -2.164 2029 yearly 1992 - 2029
Cameroon (USD bn) -2.355 2029 yearly 1980 - 2029
Canada (USD bn) -73.006 2029 yearly 1980 - 2029
Cape Verde (USD bn) -0.121 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.155 2029 yearly 1980 - 2029
Chad (USD bn) -0.328 2029 yearly 1980 - 2029
Chile (USD bn) -13.126 2029 yearly 1980 - 2029
China (USD bn) 285.473 2029 yearly 1997 - 2029
Colombia (USD bn) -17.950 2029 yearly 1980 - 2029
Comoros (USD bn) -0.093 2029 yearly 1980 - 2029
Congo (USD bn) -0.221 2029 yearly 1980 - 2029
Costa Rica (USD bn) -1.809 2029 yearly 1980 - 2029
Croatia (USD bn) 0.502 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.624 2029 yearly 1980 - 2029
Czech Republic (USD bn) 2.915 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -2.988 2029 yearly 1980 - 2029
Denmark (USD bn) 42.035 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.380 2029 yearly 1991 - 2029
Dominica (USD bn) -0.136 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.947 2029 yearly 1980 - 2029
Ecuador (USD bn) 3.608 2029 yearly 1980 - 2029
Egypt (USD bn) -22.028 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.305 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -1.545 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.066 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.568 2029 yearly 1980 - 2029
Finland (USD bn) -3.245 2029 yearly 1980 - 2029
France (USD bn) -4.507 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.751 2029 yearly 1995 - 2029
Germany (USD bn) 310.516 2029 yearly 1980 - 2029
Ghana (USD bn) -2.128 2029 yearly 1980 - 2029
Greece (USD bn) -10.465 2029 yearly 1980 - 2029
Grenada (USD bn) -0.152 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.184 2029 yearly 1980 - 2029
Guinea (USD bn) -2.577 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.127 2029 yearly 1980 - 2029
Guyana (USD bn) 8.231 2029 yearly 1980 - 2029
Haiti (USD bn) -0.463 2029 yearly 1980 - 2029
Honduras (USD bn) -1.912 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 43.397 2029 yearly 1980 - 2029
Hungary (USD bn) 4.539 2029 yearly 1980 - 2029
Iceland (USD bn) 0.224 2029 yearly 1980 - 2029
India (USD bn) -139.437 2029 yearly 1980 - 2029
Indonesia (USD bn) -29.041 2029 yearly 1980 - 2029
Iran (USD bn) 17.997 2029 yearly 1980 - 2029
Iraq (USD bn) -22.319 2029 yearly 2001 - 2029
Ireland (USD bn) 53.932 2029 yearly 1980 - 2029
Israel (USD bn) 27.247 2029 yearly 1980 - 2029
Italy (USD bn) 68.336 2029 yearly 1980 - 2029
Ivory Coast (USD bn) -3.091 2029 yearly 1980 - 2029
Jamaica (USD bn) -0.506 2029 yearly 1980 - 2029
Japan (USD bn) 156.819 2029 yearly 1980 - 2029
Jordan (USD bn) -2.793 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -13.182 2029 yearly 1992 - 2029
Kenya (USD bn) -5.665 2029 yearly 1980 - 2029
Kiribati (USD bn) 0.035 2029 yearly 1980 - 2029
South Korea (USD bn) 97.775 2029 yearly 1980 - 2029
Kosovo (USD bn) -1.071 2029 yearly 2000 - 2029
Kuwait (USD bn) 25.453 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -1.291 2029 yearly 1992 - 2029
Laos (USD bn) 0.176 2029 yearly 1980 - 2029
Latvia (USD bn) -1.914 2029 yearly 1992 - 2029
Lebanon (USD bn) -5.647 2023 yearly 1980 - 2023
Lesotho (USD bn) -0.060 2029 yearly 1980 - 2029
Liberia (USD bn) -1.080 2029 yearly 2000 - 2029
Libya (USD bn) 5.770 2029 yearly 1980 - 2029

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Qatar Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Consolidated Fiscal Balance (USD mn) 705.220 Jun 2024 quarterly Mar 2011 - Jun 2024
National Government Debt (USD mn) 26,518.7 2012 yearly 2003 - 2012
Government Debt: % of GDP (%) 15.0 2012 yearly 2006 - 2012
Forecast: Government Expenditure (QAR bn) 243.250 2029 yearly 1990 - 2029
Forecast: Government Net Debt (QAR bn) 370.607 2029 yearly 1990 - 2029
Forecast: Government Revenue (QAR bn) 279.072 2029 yearly 1990 - 2029
General Government Revenue (QAR mn) 59,904.000 Jun 2024 quarterly Mar 2011 - Jun 2024
General Government Expenditure (QAR mn) 57,337.000 Jun 2024 quarterly Mar 2011 - Jun 2024
General Government Balance (QAR mn) 2,567.000 Jun 2024 quarterly Mar 2011 - Jun 2024
General Government Expenditure: Salaries and Wages (QAR mn) 16,554.000 Jun 2024 quarterly Mar 2019 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 8.685 2028 yearly 1980 - 2028
Trade Balance (USD mn) 5,531.0 Jul 2024 monthly Jan 2014 - Jul 2024
Total Exports (USD mn) 8,097.5 Jun 2024 monthly Jan 1998 - Jun 2024
Total Exports Growth (%) 3.9 Jul 2024 monthly Jan 1999 - Jul 2024
Aluminum: Exports (USD th) 1,659,279.849 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 38,487.089 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 31,566.854 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,387.4 Apr 2023 monthly Jan 1998 - Apr 2023
Total Imports Growth (%) 5.1 Jun 2024 monthly Jan 1999 - Jun 2024
Imports: Medicament (USD th) 519,194.263 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 266,626.598 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 151.658 Jul 2024 monthly Jan 1989 - Jun 2024
Total Imports from USA (USD mn) 397.253 Jul 2024 monthly Jan 1981 - Jul 2024
Total Exports to China (USD mn) 1,627.198 Jul 2024 monthly May 1996 - Jul 2024
Total Imports from China (USD mn) 409.066 Jul 2024 monthly May 1996 - Jul 2024
Exports: Growth Rate: YoY (%) 3.900 Jul 2024 monthly Apr 2017 - Jul 2024
Imports: Growth Rate: MoM (%) 1.800 Jul 2024 monthly Apr 2017 - Jul 2024
Exports: Growth Rate: MoM (%) 2.500 Jul 2024 monthly Apr 2017 - Jul 2024
Imports: Growth Rate: YoY (%) 6.800 Jul 2024 monthly Apr 2017 - Jul 2024
Exports: SITC: Manufactured Goods Classified Chiefly by Materials (QAR mn) 10,129.000 2022 yearly 1989 - 2022
Exports: SITC: Chemicals and Related Products (QAR mn) 36,354.220 2022 yearly 1989 - 2022
Exports: SITC: Crude Materials and Inedible excl Fuels (QAR mn) 3,400.000 2022 yearly 1989 - 2022
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (QAR mn) 416,119.000 2022 yearly 1989 - 2022
Exports: SITC: Machinery and Transport Equipment (QAR mn) 312.000 2022 yearly 1989 - 2022
Exports: Asia: Singapore (QAR mn) 25,785.589 2023 yearly 2000 - 2023
Exports: Asia: South Korea (QAR mn) 44,840.225 2023 yearly 1994 - 2023
Exports: Asia: China (QAR mn) 70,179.834 2023 yearly 1994 - 2023
Exports: Asia: India (QAR mn) 42,801.518 2023 yearly 1994 - 2023
Exports: Asia: Japan (QAR mn) 28,439.782 2023 yearly 1994 - 2023
Imports: SITC: Machinery and Transport Equipment (QAR mn) 42,933.923 2022 yearly 1971 - 2022
Imports: SITC: Manufactured Goods Classified Chiefly by Materials (QAR mn) 17,032.499 2022 yearly 1971 - 2022
Imports: SITC: Food and Live Animals (QAR mn) 13,811.848 2022 yearly 1971 - 2022
Imports: SITC: Other Manufactured Goods (QAR mn) 26,899.173 2022 yearly 1971 - 2022
Imports: SITC: Chemicals and Related Products (QAR mn) 11,904.000 2022 yearly 1971 - 2022
Imports: Asia: China (QAR mn) 16,825.351 2023 yearly 1992 - 2023
Imports: Europe: Italy (QAR mn) 7,532.110 2023 yearly 1992 - 2023
Imports: Europe: Germany (QAR mn) 6,563.387 2023 yearly 1992 - 2023
Imports: Arab Countries: GCC: United Arab Emirates (QAR mn) 2,823.063 2023 yearly 1992 - 2023
Imports: Asia: Japan (QAR mn) 3,681.964 2023 yearly 1992 - 2023
Export Volume Index (2015=100) 61.935 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 74.039 2021 yearly 2000 - 2021
Export Value Index (2015=100) 111.841 2021 yearly 1980 - 2021
Import Value Index (2015=100) 85.817 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -680.5 Jun 2024 quarterly Mar 2011 - Jun 2024
Current Account Balance (USD mn) 11,023.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Current Account Balance: % of GDP (%) 13.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Foreign Direct Investment (USD mn) 439.0 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Direct Investment: % of GDP (%) 0.1 Dec 2023 quarterly Mar 2011 - Dec 2023
Foreign Portfolio Investment (USD mn) 2,258.516 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -1.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -461.0 Jun 2024 quarterly Mar 2011 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 2,719.505 Jun 2024 quarterly Mar 2011 - Jun 2024
External Debt (USD mn) 194,500.0 2018 yearly 2000 - 2018
External Debt: % of GDP (%) 106.1 2018 yearly 2000 - 2018
Forecast: Current Account Balance (USD bn) 31.892 2029 yearly 1980 - 2029
Foreign Trade Directions: Exports: China (QAR mn) 5,923.000 Jul 2024 monthly May 2017 - Jul 2024
Foreign Trade Directions: Imports: China (QAR mn) 1,489.000 Jul 2024 monthly May 2017 - Jul 2024
Foreign Trade Directions: Imports: United States of America (QAR mn) 1,446.000 Jul 2024 monthly May 2017 - Jul 2024
BoP: Current Account: Income: Debit (QAR mn) -21,350.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Goods: Exports: fob (QAR mn) 84,991.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial (QAR mn) -39,219.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Other Investment: Liabilities (QAR mn) -32,460.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Services: Debit (QAR mn) -33,936.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Goods (QAR mn) 57,109.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Change in Reserves (QAR mn) -3,438.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Income: Credit (QAR mn) 17,529.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Net Errors and Omissions (QAR mn) 2,630.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Other Investment (QAR mn) -29,518.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Portfolio Investment: Liabilities (QAR mn) 8,221.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Capital (QAR mn) -98.000 Jun 2024 quarterly Mar 2011 - Jun 2024
Balance of Payments (BoP): Current Account (QAR mn) 40,125.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Transfers (QAR mn) -11,103.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Goods: Imports: fob (QAR mn) -27,882.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Transfers: Debit (QAR mn) -15,252.000 Dec 2018 quarterly Mar 2011 - Dec 2018
BoP: Capital & Financial Account: Financial: Portfolio Investment: Assets (QAR mn) -21,899.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Direct Investment (QAR mn) 4,075.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Services (QAR mn) -2,060.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Other Investment: Assets (QAR mn) 2,942.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Overall Balance (QAR mn) 3,438.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Portfolio Investment (QAR mn) -13,678.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Income (QAR mn) -3,821.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Capital & Financial Account: Financial: Net Financial Derivatives (QAR mn) -98.000 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: Current Account: Services: Credit (QAR mn) 31,876.000 Jun 2024 quarterly Mar 2011 - Jun 2024
External Debt: Government: USD (USD mn) 20,800.000 2013 yearly 2001 - 2013
Foreign Direct Investment: Financial and Insurance Activities (QAR mn) 12,900.000 2017 yearly 2008 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.7 2022 yearly 2000 - 2022
Money Supply M1 (USD mn) 39,712.308 Sep 2024 monthly Jan 1982 - Sep 2024
Money Supply M2 (USD mn) 202,574.368 Sep 2024 monthly Jan 1982 - Sep 2024
M2 Growth (%) 5.0 Sep 2024 monthly Jan 1983 - Sep 2024
Reserve Requirement Ratio (%) 4.5 Sep 2024 monthly Jan 2003 - Sep 2024
Foreign Exchange Reserves (USD mn) 42,561.2 Sep 2024 monthly Dec 1966 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 20.310 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 15.5 Jul 2024 monthly Jan 1998 - Jul 2024
Gold Reserves (USD mn) 9,362.005 Sep 2024 monthly Dec 1966 - Sep 2024
Total Deposits (USD mn) 287,610.220 Sep 2024 monthly Dec 2001 - Sep 2024
Total Deposits Growth (%) 9.8 Sep 2024 monthly Dec 2002 - Sep 2024
Domestic Credit (USD mn) 390,458.2 Sep 2024 monthly Jan 2007 - Sep 2024
Domestic Credit Growth (%) 4.3 Sep 2024 monthly Jan 2008 - Sep 2024
Total Loans (USD mn) 370,693.736 Sep 2024 monthly Jan 1982 - Sep 2024
Total Loans Growth (%) 7.35 Sep 2024 monthly Jan 1983 - Sep 2024
Private Debt: % of Nominal GDP (%) 112.28 Dec 2023 quarterly Dec 2011 - Dec 2023
Money Supply: M3: M2: M1: Currency in Circulation (QAR mn) 11,243.900 Dec 2018 monthly Jan 1982 - Dec 2018
Money Supply: M3 (QAR mn) 861,731.300 Sep 2024 monthly Jan 1982 - Sep 2024
Money Supply: M3: M2: M1 (QAR mn) 144,552.800 Sep 2024 monthly Apr 2004 - Sep 2024
Money Supply: M3: M2 (QAR mn) 737,370.700 Sep 2024 monthly Apr 2004 - Sep 2024
International Reserves (QAR mn) 253,242.700 Sep 2024 monthly Apr 2004 - Sep 2024
Deposits: Commercial Banks (QAR mn) 1,046,901.200 Sep 2024 monthly Dec 2001 - Sep 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
BCI: Manufacturing: Overall (%) 22.000 Jun 2020 quarterly Jun 2014 - Jun 2020
Business Confidence Index (BCI): Overall (%) 20.200 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Mining and Quarrying: Overall (%) 15.800 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Services: Overall (%) 22.600 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Construction: Overall (%) 21.300 Jun 2020 quarterly Jun 2014 - Jun 2020

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