Balance on Current Account for Qatar
QATBCAUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,026,595,682.00
Year-over-Year Change
-50.34%
Date Range
1/1/2000 - 1/1/2025
Summary
The Balance on Current Account for Qatar measures the net flow of goods, services, income, and transfers between Qatar and the rest of the world. It is a key indicator of Qatar's economic performance and global trade position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance on Current Account tracks Qatar's total international transactions, including trade in goods and services, income flows such as interest and dividends, and unilateral transfers. This metric provides insight into Qatar's external balance and competitiveness in global markets.
Methodology
The data is compiled by the Qatar Central Bank based on international standards and guidelines.
Historical Context
Policymakers use the current account balance to assess Qatar's economic health and external stability.
Key Facts
- Qatar has recorded a current account surplus since 2000.
- Energy exports are the primary driver of Qatar's current account surplus.
- The current account surplus peaked at over 30% of GDP in 2008.
FAQs
Q: What does this economic trend measure?
A: The Balance on Current Account for Qatar measures the net flow of goods, services, income, and transfers between Qatar and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The current account balance provides insight into Qatar's external economic position and competitiveness, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the Qatar Central Bank based on international standards and guidelines.
Q: How is this trend used in economic policy?
A: Policymakers use the current account balance to assess Qatar's economic health and external stability, which informs decisions on trade, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The current account data for Qatar is published on a quarterly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Balance on Current Account for Qatar (QATBCAUSD), retrieved from FRED.