Qatar - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Qatar was $11,868,680,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $88,182,690,000 in 2012 and $82,142,800 in 1995.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 $818,681,200
1995 $82,142,800
1996 $357,143,000
1997 $1,368,681,000
1998 $1,141,758,000
1999 $4,256,868,000
2000 $7,983,791,000
2001 $6,457,143,000
2002 $6,238,187,000
2003 $7,820,329,000
2004 $12,047,530,000
2005 $15,774,730,000
2006 $16,477,470,000
2007 $19,482,140,000
2008 $38,375,550,000
2009 $21,638,460,000
2010 $48,258,510,000
2011 $78,045,330,000
2012 $88,182,690,000
2013 $85,557,140,000
2014 $76,224,450,000
2015 $33,019,780,000
2016 $8,921,978,000
2017 $23,011,810,000
2018 $36,750,000,000
2019 $25,276,370,000
2020 $11,868,680,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Qatar was 43,202,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 320,985,000,000 in 2012 and a minimum value of 298,999,800 in 1995.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 2,980,000,000
1995 298,999,800
1996 1,300,001,000
1997 4,982,000,000
1998 4,156,000,000
1999 15,495,000,000
2000 29,061,000,000
2001 23,504,000,000
2002 22,707,000,000
2003 28,466,000,000
2004 43,853,000,000
2005 57,420,000,000
2006 59,978,000,000
2007 70,915,000,000
2008 139,687,000,000
2009 78,764,000,000
2010 175,661,000,000
2011 284,085,000,000
2012 320,985,000,000
2013 311,428,000,000
2014 277,457,000,000
2015 120,192,000,000
2016 32,476,000,000
2017 83,763,000,000
2018 133,770,000,000
2019 92,006,000,000
2020 43,202,000,000

External balance on goods and services (constant LCU)

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2018 133,770,000,000
2019 121,096,000,000
2020 137,102,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Qatar was 8.22 as of 2020. Its highest value over the past 26 years was 47.20 in 2012, while its lowest value was 1.01 in 1995.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 11.10
1995 1.01
1996 3.94
1997 12.11
1998 11.13
1999 34.35
2000 44.95
2001 36.82
2002 32.22
2003 33.23
2004 37.96
2005 35.42
2006 27.06
2007 24.44
2008 33.29
2009 22.13
2010 38.57
2011 46.52
2012 47.20
2013 43.05
2014 36.96
2015 20.42
2016 5.88
2017 14.28
2018 20.05
2019 14.33
2020 8.22

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts