Qatar | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 2.50 0.5 0.3 0.5 0.7 1.2 percent [+]
Unemployment Rate 0.20 0.6 0.8 0.8 0.8 1.2 percent [+]
Inflation Rate 2.20 2.5 2.9 3 3.3 3.43 percent [+]
Interest Rate 4.50 5 5 5 5 5.5 percent [+]
Balance of Trade 7703.00 7233 5800 7900 8200 8600 QAR Million [+]
Government Debt to GDP 35.80 42 47 47 47 42 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 3.64 3.68 3.71 3.75 3.79 4.37 [+]
Stock Market 9989.29 9700 9600 9500 9400 7830 points [+]
Government Bond 10y 3.64 3.39 3.43 3.46 3.49 4.03 percent [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 2.50 0.5 0.3 0.5 0.7 1.2 percent [+]
GDP Annual Growth Rate 2.00 1.9 2.2 2.5 2.8 3.5 percent [+]
GDP 166.91 231 231 231 137 269 USD Billion [+]
Gross Fixed Capital Formation 1188481.00 1346244 1351677 1357505 1363179 1435669 QAR Million [+]
GDP per capita 75117.36 77147 77374 77602 77830 81199 USD [+]
GDP per capita PPP 135321.69 134970 135190 135216 135243 135224 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 0.20 0.6 0.8 0.8 0.8 1.2 percent [+]
Population 2.34 2.38 2.39 2.4 2.41 2.44 Million [+]
Employed Persons 1863637.00 1919257 1933559 1939628 1953245 2022687 [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 2.20 2.5 2.9 3 3.3 3.43 percent [+]
Consumer Price Index CPI 108.50 109 109 110 110 112 Index Points [+]
GDP Deflator 196.30 195 195 195 195 195 Index Points [+]
Inflation Rate Mom -0.40 -0.1 0.5 0.5 0.06 -0.1 percent [+]
Food Inflation -2.70 -2.19 -2.4 -2.28 -2.32 -2.31 percent [+]
Cpi Transportation 110.80 110 111 111 111 111 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.50 5 5 5 5 5.5 percent [+]
Money Supply M0 52673.10 60614 62995 65216 67386 98424 QAR Million [+]
Money Supply M1 123940.00 128534 130854 133208 135600 170776 QAR Million [+]
Money Supply M2 489016.00 510653 527981 545387 562916 818297 QAR Million [+]
Foreign Exchange Reserves 131005.30 130562 131228 130648 131115 130896 QAR Million [+]
Banks Balance Sheet 1185503.10 1219841 1263578 1308172 1353802 2079719 QAR Million [+]
Deposit Interest Rate 1.60 2 2.07 2.13 2.2 2.26 percent [+]
Loan Growth 10.60 9.89 18.7 18.7 9.93 16.2 percent [+]
Central Bank Balance Sheet 195846.50 194600 194399 194365 194360 194358 QAR Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade 7703.00 7233 5800 7900 8200 8600 QAR Million [+]
Exports 18744.00 20642 21055 21198 21210 21233 QAR Million [+]
Imports 11041.00 13171 12690 12711 12715 12714 QAR Million [+]
Current Account -9268.00 -20271 -26505 -33273 -39813 -132348 QAR Million [+]
Current Account to GDP 8.30 5.2 6.8 6.8 12.02 15.7 percent [+]
Capital Flows 9113.00 -24355 -29076 -30762 -29548 -26642 QAR Million [+]
Gold Reserves 12.41 12.47 12.44 12.46 12.46 12.46 Tonnes [+]
Crude Oil Production 639.00 631 635 635 635 635 BBL/D/1K [+]
Terrorism Index 0.23 0.46 0.49 0.51 0.53 0.41 [+]
Tourist Arrivals 2826.00 3059 3117 3175 3233 4060 Thousand [+]
Foreign Direct Investment 947.00 598 430 216 700 446 QAR Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 35.80 42 47 47 47 42 percent [+]
Government Budget 16.10 -7.8 -7.9 -7.9 9.75 3.5 percent of GDP [+]
Government Budget Value 123455.00 -46500 -35700 -35700 129060 3880 QAR Million [+]
Government Spending 150476.00 132867 128312 123758 119203 81939 QAR Million [+]
Government Revenues 336557.00 156000 187000 187000 379986 267000 QAR Million [+]
Fiscal Expenditure 213102.00 203700 201910 200120 198330 181361 QAR Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Changes in Inventories 247.60 237 237 237 238 236 QAR Billion [+]
Ease of Doing Business 83.00 71.67 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 19.53 19.73 19.9 19.95 19.82 [+]
Corruption Index 71.00 69.69 70.13 69.75 69.36 65.74 Points [+]
Corruption Rank 22.00 23.01 22.26 22.89 23.52 27.41 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 113286.00 123575 126282 128990 131697 167724 QAR Million [+]
Private Sector Credit 441075.00 446806 452664 458219 463461 511077 QAR Million [+]
Consumer Confidence 185.20 184 184 184 184 185 [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Building Permits 589.00 489 558 525 505 518 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/8/2016