Qatar - Current Account Balance 2007

Current account balance as % of GDP · World Bank
15.08% −1.05% from 2006 Global rank: 171st

Qatar's current account balance was 15.08% in 2007, decreased +1.05% from 16.13% in 2006. This was the 171st highest globally.

Global Ranking - 2007
Current Account Balance by Country - 2007
RankCountryValueYoY
1st São Tomé and Principe -43.14% -27.1%
2nd Montenegro -39.81% -25.6%
3rd Tajikistan -32.10% -142.3%
4th Grenada -29.29% 17.2%
5th Antigua and Barbuda -28.75% -44.9%
6th Bulgaria -25.74% -68.5%
7th Congo, Republic of -24.00% -273.0%
8th Latvia -21.84% 0.3%
9th St. Vincent and the Grenadines -21.37% -29.9%
10th Djibouti -20.21% -523.9%
11th Georgia -19.58% -31.2%
12th St. Lucia -18.38% 37.4%
13th Palau -18.02% 36.0%
14th Seychelles -18.01% -36.8%
15th Dominica -17.21% -34.7%
16th Jordan -16.80% -53.7%
17th Serbia -16.76% -89.2%
18th Tonga -16.50% -148.6%
19th Nicaragua -16.26% -24.3%
20th Liberia -16.25% -121.0%
21st Jamaica -15.92% -65.0%
22nd Lithuania -15.34% -44.2%
23rd Tuvalu -15.34% -154.8%
24th Moldova -15.25% -34.5%
25th Estonia -14.80% 0.8%
26th Maldives -14.39% 24.9%
27th Greece -14.19% -28.5%
28th St. Kitts and Nevis -13.90% -25.7%
29th Romania -13.70% -30.5%
30th Iceland -13.63% 39.8%
31st Bahamas, The -12.39% -22.1%
32nd Cabo Verde -12.01% -191.6%
33rd Solomon Islands -11.53% -47.8%
34th Fiji -11.45% 18.0%
35th Micronesia, Federated States of -10.85% 31.1%
36th Albania -10.35% -55.5%
37th Madagascar -9.89% -8.0%
38th Portugal -9.66% 5.9%
39th Ghana -9.58% -185.2%
40th Senegal -9.38% -51.5%
41st Mauritania -9.37% -354.7%
42nd Spain -9.37% -6.5%
43rd Bosnia and Herzegovina -9.19% -18.6%
44th Honduras -9.03% -144.0%
45th Viet Nam -8.98% -4,529.7%
46th Burundi -8.21% 61.4%
47th Croatia -8.02% -1.1%
48th Samoa -7.98% 6.4%
49th Eritrea -7.90% -70.5%
50th Tanzania -7.84% -10.3%
51st Cyprus -7.64% -21.5%
52nd Australia -7.55% -28.5%
53rd Barbados -7.43% 20.9%
54th Armenia -7.36% -207.2%
55th Burkina Faso -7.35% 11.5%
56th Hungary -7.29% 2.3%
57th Mozambique -7.27% 8.5%
58th North Macedonia -7.27% -1,597.7%
59th Guinea -7.24% -131.6%
60th West Bank and Gaza -7.20% 68.8%
61st El Salvador -7.15% -49.5%
62nd Yemen, Republic of -6.97% -673.9%
63rd New Zealand -6.80% 5.5%
64th Poland -6.68% -43.7%
65th Vanuatu -6.66% -10.1%
66th Belarus -6.65% -83.2%
67th Benin -6.55% -112.0%
68th Malawi -6.48% 47.6%
69th Lebanon -6.46% -23.9%
70th Gambia, The -6.19% -44.2%
71st Niger -6.14% 7.3%
72nd Guyana -6.07% 29.8%
73rd Sudan -6.05% 57.8%
74th Central African Republic -6.03% -109.8%
75th Mali -6.00% -84.2%
76th Kyrgyz Republic -5.99% -142.2%
77th Togo -5.75% -3.3%
78th Costa Rica -5.57% -34.9%
79th Marshall Islands -5.46% -87.9%
80th Panama -5.43% -124.4%
81st Türkiye -5.39% 4.0%
82nd Slovak Republic -5.35% 23.9%
83rd Guatemala -5.32% -9.3%
84th Mauritius -5.24% 39.0%
85th Ireland -5.13% 4.2%
86th United States -5.09% 13.9%
87th Dominican Republic -4.93% -45.4%
88th South Africa -4.86% -20.7%
89th Uganda -4.73% -109.2%
90th Czechia -4.71% -91.8%
91st Kazakhstan -4.55% -347.5%
92nd Pakistan -4.51% -49.0%
93rd Sierra Leone -4.41% -45.9%
94th Sri Lanka -4.33% 3.4%
95th Slovenia -4.21% -127.9%
96th Cambodia -4.18% -643.7%
97th Guinea-Bissau -4.07% 34.6%
98th Comoros -3.97% -22.3%
99th United Kingdom -3.72% -19.1%
100th Ukraine -3.53% -135.4%
101st Faroe Islands -3.44% -427.2%
102nd New Caledonia -3.33% 43.8%
103rd Kenya -3.23% -91.3%
104th Belize -3.05% -91.3%
105th Colombia -2.98% -61.3%
106th Tunisia -2.36% 7.5%
107th Rwanda -2.10% 49.9%
108th Malta -2.01% 78.5%
109th Eswatini -1.93% 68.6%
110th Kiribati -1.82% 78.9%
111th Italy -1.36% 7.7%
112th Zambia -1.24% -126.7%
113th Haiti -0.93% 18.0%
114th Uruguay -0.93% 53.3%
115th Mexico -0.84% -166.4%
116th India -0.66% 34.7%
117th Côte d'Ivoire -0.48% -124.9%
118th France -0.33% -229.8%
119th Brazil -0.20% -120.3%
120th Morocco -0.14% -107.4%
121st Nepal 0.05% -97.1%
122nd Egypt, Arab Republic of 0.32% -79.7%
123rd Canada 0.75% -47.9%
124th Korea 0.86% 349.1%
125th Bangladesh 1.08% 61.8%
126th Syrian Arab Republic 1.14% -20.0%
127th Cameroon 1.20% 29.2%
128th Peru 1.43% -57.1%
129th Belgium 1.50% -19.2%
130th Denmark 1.51% -52.5%
131st Papua New Guinea 1.89% 263.7%
132nd Argentina 2.10% -24.6%
133rd Israel 2.15% -29.5%
134th Indonesia 2.43% 0.9%
135th Zimbabwe 2.59% 102.9%
136th Congo, Democratic Republic of 2.87% 758.7%
137th Lao PDR 3.30% 135.6%
138th Ecuador 3.78% -0.6%
139th Austria 3.81% 14.9%
140th Mongolia 4.06% -62.8%
141st Finland 4.08% 3.8%
142nd French Polynesia 4.09% 50.5%
143rd Paraguay 4.36% 250.7%
144th Japan 4.62% 21.9%
145th Chile 5.06% -8.0%
146th Oman 5.10% -61.7%
147th Philippines 5.17% -5.1%
148th Russian Federation 5.55% -36.2%
149th Netherlands 5.86% -28.0%
150th Thailand 5.93% 467.7%
151st Chad 6.35% 300.7%
152nd Luxembourg 6.55% -1.4%
153rd Germany 6.71% 15.4%
154th Bhutan 6.76% 256.3%
155th Myanmar 6.84% -6.6%
156th Iran, Islamic Republic of 7.57% 20.1%
157th United Arab Emirates 7.63% -55.9%
158th Uzbekistan 8.11% 0.1%
159th Sweden 8.15% 0.8%
160th Namibia 8.46% -39.8%
161st Switzerland 8.77% -31.3%
162nd Aruba 9.65% -24.1%
163rd China 9.80% 18.2%
164th Nigeria 9.94% -14.6%
165th Suriname 11.05% 40.9%
166th Bolivia, Plurinational State of 12.13% 6.1%
167th Norway 12.35% -25.6%
168th Hong Kong SAR, China 13.02% 2.7%
169th Bahrain 13.38% 17.9%
170th Angola 14.49% -20.5%
171st Qatar 15.08% -6.5%
172nd Malaysia 15.38% 0.1%
173rd Botswana 15.66% -20.4%
174th Equatorial Guinea 16.66% 111.3%
175th Turkmenistan 16.69% -0.7%
176th Iraq 17.47% 406.8%
177th Bermuda 17.97% -11.8%
178th Lesotho 18.14% 29.9%
179th Algeria 21.30% -9.4%
180th Macao SAR, China 21.68% 45.6%
181st Gabon 22.06% 51.1%
182nd Trinidad and Tobago 23.87% -37.7%
183rd Saudi Arabia 24.55% -10.4%
184th Singapore 27.14% 0.9%
185th Azerbaijan 27.29% 54.4%
186th Brunei Darussalam 35.95% -12.6%
187th Kuwait 36.05% -19.2%
188th Libya 41.91% -10.4%
189th Afghanistan 63.39% 204.1%
190th Timor-Leste 216.88% 81.1%

FAQ

What was Qatar's current account balance in 2007?

Qatar's current account balance in 2007 was 15.08%. This ranked 171st globally.

How did Qatar's current account balance change in 2007?

Qatar's current account balance decreased by 6.5% in 2007 compared to 2006.

Which country had the highest current account balance in 2007?

Timor-Leste had the highest current account balance in 2007 at 216.88%.

What is the current account balance of Qatar in 2007?

The current account balance of Qatar in 2007 was 15.08%. This ranked 171st globally.

How does 2007 compare to 2006 for Qatar's current account balance?

Qatar's current account balance went from 16.13% in 2006 to 15.08% in 2007, a 6.5% decrease.

HistorySaid - pattern alert

Qatar matched the Fiscal Dominance Trap pattern in 2007. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: -4.9%. View full analysis →