FINANCIAL NEWS

Qatar’s 2012 current account surplus grows to USD62.3b: CB

28 Apr 2013

(MENAFN) Qatar’s central bank announced that the country’s current account surplus for last year grew to USD62.3 billion, reported Reuters.

The bank added that the figure represents 32.4 percent of gross domestic product (GDP).

Furthermore, 2012’s surplus is compared with 2011’s USD51.93 billion, which is 30.3 percent of GDP.

In the year, the emirate’s trade balance stood at USD102.82 billion, compared with USD87.28 billion in 2011.

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