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Qatar - Current Account Balance 1988

Current account balance as % of GDP · World Bank
38.55% −7.57% from 1987 Global rank: 146th

Qatar's current account balance was 38.55% in 1988, decreased +7.57% from 46.12% in 1987. This was the 146th highest globally.

Global Ranking - 1988▾
Current Account Balance by Country - 1988
RankCountryValueYoY
1st Mongolia -32.25% 1.7%
2nd Nicaragua -27.19% -34.3%
3rd Lebanon -21.69% -252.9%
4th Bhutan -20.72% 40.5%
5th Congo, Republic of -20.13% -99.3%
6th Mozambique -17.03% -4.9%
7th Equatorial Guinea -16.45% 36.6%
8th Gabon -16.05% -123.0%
9th St. Kitts and Nevis -15.94% -46.1%
10th Solomon Islands -15.78% -12,054.6%
11th Guinea-Bissau -13.05% -16.2%
12th Lao PDR -12.97% -187.4%
13th Guyana -12.08% 30.7%
14th Peru -11.78% -173.5%
15th Grenada -11.75% 13.5%
16th Myanmar -11.41% 0.9%
17th Antigua and Barbuda -10.95% 65.9%
18th São Tomé and Principe -10.88% -8.4%
19th Tonga -10.54% -275.0%
20th Niger -10.11% -79.7%
21st Seychelles -9.41% -11.1%
22nd Mali -8.89% 3.9%
23rd Côte d'Ivoire -8.79% -26.6%
24th St. Vincent and the Grenadines -8.36% 27.4%
25th Saudi Arabia -8.31% 27.2%
26th Papua New Guinea -8.11% -46.8%
27th Zambia -7.86% -83.9%
28th Nepal -7.78% -104.3%
29th Libya -7.51% -65.8%
30th Aruba -7.43% -60.4%
31st Dominica -7.15% -54.8%
32nd Mauritania -6.78% 38.1%
33rd Bolivia, Plurinational State of -6.62% 28.6%
34th Benin -6.51% -330.6%
35th Burundi -6.47% 8.1%
36th Guinea -6.37% -373.0%
37th Senegal -6.30% -28.7%
38th Vanuatu -6.21% -165.3%
39th Sri Lanka -5.65% 7.2%
40th Kenya -5.64% -70.4%
41st Angola -5.35% -242.4%
42nd Guatemala -5.28% 18.2%
43rd Ecuador -5.21% 45.8%
44th Paraguay -4.94% 57.5%
45th Tanzania -4.81% 7.6%
46th Kiribati -4.80% -122.7%
47th Madagascar -4.70% -7.3%
48th Jordan -4.68% 9.7%
49th Togo -4.48% -55.9%
50th Malawi -4.33% -102.3%
51st St. Lucia -4.17% -18.3%
52nd Rwanda -4.04% 17.4%
53rd United Kingdom -3.88% -192.1%
54th Costa Rica -3.87% 23.1%
55th Australia -3.83% -12.9%
56th Norway -3.82% 21.2%
57th Pakistan -3.70% -103.4%
58th Oman -3.69% -146.2%
59th Iceland -3.66% -10.7%
60th Cameroon -3.49% 36.9%
61st Algeria -3.45% -1,775.6%
62nd Canada -3.00% 6.9%
63rd Uganda -3.00% -191.2%
64th Egypt, Arab Republic of -2.98% -129.1%
65th Central African Republic -2.74% 52.5%
66th Thailand -2.68% -282.2%
67th Viet Nam -2.61% -0.3%
68th Mauritius -2.60% -176.6%
69th Cyprus -2.51% -1,202.7%
70th Sudan -2.49% 81.4%
71st Finland -2.47% -30.9%
72nd India -2.41% -38.6%
73rd Bahamas, The -2.36% -101.0%
74th United States -2.32% 30.0%
75th Honduras -2.26% 42.1%
76th Suriname -1.98% -2.4%
77th Trinidad and Tobago -1.97% 57.3%
78th Comoros -1.94% 82.2%
79th Hungary -1.92% 22.7%
80th Portugal -1.89% -306.0%
81st Bulgaria -1.78% -0.8%
82nd Indonesia -1.66% 34.3%
83rd Israel -1.59% 53.6%
84th Burkina Faso -1.58% 15.4%
85th Haiti -1.54% -35.9%
86th Iran, Islamic Republic of -1.52% -90.3%
87th Congo, Democratic Republic of -1.49% 53.5%
88th Syrian Arab Republic -1.42% -55.3%
89th Albania -1.32% -598.5%
90th Mexico -1.31% -128.5%
91st Ghana -1.29% -69.9%
92nd Greece -1.27% 32.5%
93rd Argentina -1.24% 64.4%
94th China -1.22% -1,207.6%
95th Denmark -1.16% 57.8%
96th Bangladesh -1.03% 38.0%
97th Spain -1.01% -8,314.4%
98th Philippines -0.90% 22.8%
99th Chile -0.88% 73.5%
100th Italy -0.80% -121.6%
101st Belize -0.62% -123.2%
102nd Nigeria -0.60% -329.6%
103rd Colombia -0.55% -1,243.5%
104th France -0.46% 4.8%
105th Dominican Republic -0.35% 92.0%
106th New Zealand -0.33% 91.8%
107th Sierra Leone -0.27% 83.8%
108th Sweden -0.26% -249.3%
109th Cabo Verde -0.19% -103.5%
110th Austria -0.18% 16.1%
111th Poland -0.16% 73.8%
112th Ireland 0.25% 197.3%
113th Uruguay 0.27% 114.1%
114th El Salvador 0.62% -89.2%
115th Jamaica 1.24% 124.2%
116th Brazil 1.35% 369.4%
117th Zimbabwe 1.60% 86.4%
118th Chad 1.72% 220.0%
119th Türkiye 1.76% 359.0%
120th Morocco 1.84% 128.4%
121st Tunisia 2.08% 325.4%
122nd Belgium 2.28% 18.2%
123rd South Africa 2.44% -53.9%
124th Japan 2.53% -22.4%
125th Netherlands 2.72% 60.6%
126th Malta 3.02% 134.5%
127th Barbados 3.06% 200.9%
128th Germany 3.84% 3.8%
129th Switzerland 4.10% 22.8%
130th Bahrain 4.56% 185.6%
131st Malaysia 5.29% -29.0%
132nd Maldives 5.37% -59.2%
133rd Korea 6.21% 9.5%
134th Fiji 6.36% 313.8%
135th Hong Kong SAR, China 6.44% -16.0%
136th Botswana 7.33% -72.3%
137th United Arab Emirates 7.42% -33.2%
138th Singapore 7.63% 1,703.8%
139th Samoa 7.69% -14.4%
140th Romania 9.70% 177.6%
141st Gambia, The 12.10% 1,541.8%
142nd Panama 12.22% 41.2%
143rd Eswatini 13.74% 69.1%
144th Kuwait 22.24% 13.2%
145th Lesotho 23.33% -53.5%
146th Qatar 38.55% -16.4%
147th Brunei Darussalam 60.89% 4.1%
Source: World Bank (BN.CAB.XOKA.GD.ZS)

FAQ

What was Qatar's current account balance in 1988?▾

Qatar's current account balance in 1988 was 38.55%. This ranked 146th globally.

How did Qatar's current account balance change in 1988?▾

Qatar's current account balance decreased by 16.4% in 1988 compared to 1987.

Which country had the highest current account balance in 1988?▾

Brunei Darussalam had the highest current account balance in 1988 at 60.89%.

What is the current account balance of Qatar in 1988?▾

The current account balance of Qatar in 1988 was 38.55%. This ranked 146th globally.

How does 1988 compare to 1987 for Qatar's current account balance?▾

Qatar's current account balance went from 46.12% in 1987 to 38.55% in 1988, a 16.4% decrease.

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