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OPEC MEMBER BEATS ESTIMATES

Qatar C/A surplus widens to $62bn in 2012

Doha, April 28, 2013

 

Qatar's current account surplus has widened to QR226.9 billion ($62.3 billion) in 2012, or 32.4 per cent of gross domestic product, the central bank's preliminary data showed, beating analysts' expectations.
 
The Opec member had booked a surplus of QR189.2 billion in 2011, or 30.3 per cent of GDP, according to a Reuters calculation based on official data.
 
Analysts polled by Reuters in January had expected Qatar's current account surplus would fall to 28 per cent of GDP in 2012.-Reuters 
    
 



Tags: Qatar | GDP | surplus | Current Account |

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