Qatar | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 3.60 0.3 0.5 0.7 1 1.2 percent [+]
Unemployment Rate 0.20 0.8 0.8 0.8 0.8 1.2 percent [+]
Inflation Rate 1.20 2.9 3 3.3 3.7 3.43 percent [+]
Interest Rate 4.75 4.75 5 5 5.5 5.5 percent [+]
Balance of Trade 10746.00 5800 7900 8200 6900 8600 QAR Million [+]
Government Debt to GDP 35.80 47 47 47 47 42 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 3.64 3.71 3.75 3.79 3.82 4.37 [+]
Stock Market 10925.40 10100 10000 9920 9820 8270 points [+]
Government Bond 10y 3.44 3.77 3.8 3.84 3.88 4.48 percent [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 3.60 0.3 0.5 0.7 1 1.2 percent [+]
GDP Annual Growth Rate 3.70 2.2 2.5 2.8 3.1 3.5 percent [+]
GDP 164.60 231 231 162 240 269 USD Billion [+]
Gross Fixed Capital Formation 1188481.00 1188597 1282232 1465148 1369322 1402341 QAR Million [+]
GDP per capita 74686.60 76831 76936 77042 77147 81199 USD [+]
GDP per capita PPP 132937.67 134970 135190 135216 135243 135224 USD [+]
Gdp Constant Prices 204624.00 193232 194007 198796 198175 196744 QAR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 0.20 0.8 0.8 0.8 0.8 1.2 percent [+]
Population 2.57 2.49 2.59 2.68 2.78 3.43 Million [+]
Employed Persons 2073704.00 2182054 2205344 2282625 2304266 2703657 [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.20 2.9 3 3.3 3.7 3.43 percent [+]
Consumer Price Index CPI 108.30 109 109 109 109 110 Index Points [+]
GDP Deflator 196.30 195 195 195 195 195 Index Points [+]
Inflation Rate Mom 0.00 0.5 0.5 0.01 -0.2 -0.1 percent [+]
Food Inflation -1.90 -2.24 -2.29 -2.29 -2.29 -2.29 percent [+]
Cpi Transportation 114.20 114 114 114 114 114 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.75 4.75 5 5 5.5 5.5 percent [+]
Money Supply M0 54987.70 55404 55146 55055 54996 54915 QAR Million [+]
Money Supply M1 128349.00 128024 127974 127969 127969 127969 QAR Million [+]
Money Supply M2 497548.00 499525 500206 500465 500564 500611 QAR Million [+]
Foreign Exchange Reserves 115131.90 115955 114504 115625 114721 115092 QAR Million [+]
Banks Balance Sheet 1262736.90 1283238 1310103 1340217 1371472 1745471 QAR Million [+]
Deposit Interest Rate 1.60 1.96 1.97 1.99 2 2.26 percent [+]
Loan Growth 12.60 18.7 18.7 13.39 19.1 16.2 percent [+]
Central Bank Balance Sheet 181443.60 177051 176361 176250 176233 176229 QAR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade 10746.00 5800 7900 8200 6900 8600 QAR Million [+]
Exports 19286.00 18043 17957 17964 17948 17953 QAR Million [+]
Imports 8540.00 7500 7633 7609 7612 7612 QAR Million [+]
Current Account -5444.00 -12945 -13908 -15742 -16652 -21481 QAR Million [+]
Current Account to GDP 8.30 6.8 6.8 15.8 6.8 15.7 percent [+]
Capital Flows 3311.00 -19371 -23881 -24221 -22953 -20524 QAR Million [+]
Gold Reserves 12.41 12.44 12.46 12.46 12.46 12.46 Tonnes [+]
Crude Oil Production 615.00 610 612 613 613 613 BBL/D/1K [+]
Terrorism Index 0.23 0.37 0.4 0.43 0.46 0.41 [+]
Tourist Arrivals 2826.00 2948 2985 3022 3059 4060 Thousand [+]
Foreign Direct Investment 1251.00 1031 672 720 802 681 QAR Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 35.80 47 47 47 47 42 percent [+]
Government Budget 16.10 -7.9 -7.9 9.97 -7.9 3.5 percent of GDP [+]
Government Budget Value 123455.00 -35700 -35700 123908 -28500 3880 QAR Million [+]
Government Spending 150476.00 157489 149281 141074 132867 81939 QAR Million [+]
Government Revenues 336557.00 187000 187000 366487 192000 267000 QAR Million [+]
Fiscal Expenditure 213102.00 245366 231477 217588 203700 181361 QAR Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Changes in Inventories 247.60 214 222 229 237 236 QAR Billion [+]
Ease of Doing Business 83.00 73.42 75.17 76.91 78.66 70.65 [+]
Competitiveness Index 5.23 5.24 5.24 5.24 5.24 5.25 Points [+]
Competitiveness Rank 18.00 17.68 17.68 17.68 12.39 11.06 [+]
Business Confidence 20.40 19.83 20.73 20.05 20.24 20.26 [+]
Corruption Index 61.00 64 62 60 57 61 Points [+]
Corruption Rank 31.00 23.01 22.26 22.89 23.52 27.41 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 131681.00 134189 137507 140824 144141 188159 QAR Million [+]
Private Sector Credit 450065.40 456943 464330 471328 477934 535763 QAR Million [+]
Consumer Confidence 184.30 184 184 185 185 185 [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Building Permits 638.00 588 589 589 587 587 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 10.00 10 10 10 10 10 percent [+]
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]
Social Security Rate 5.00 5 5 5 5 5 percent [+]
Social Security Rate For Companies 0.00 0 0 0 0 0 percent [+]
Social Security Rate For Employees 5.00 5 5 5 5 5 percent [+]





Economic Forecasts for Qatar including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Qatar economy. 2/27/2017