Qatar | Economic Forecasts | 2017-2020 Outlook

This page has 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.


Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate -2.10 0.5 0.7 -1 0.8 1.2 percent [+]
Unemployment Rate 0.20 0.8 0.8 0.8 1 1.2 percent [+]
Inflation Rate 0.60 2.3 2.3 3.5 4 3.6 percent [+]
Interest Rate 5.00 5 5 5.5 5.5 6.25 percent [+]
Balance of Trade 12321.00 7900 8200 6900 13523 8600 QAR Million [+]
Government Debt to GDP 34.90 47 47 47 34.07 42 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 3.64 3.68 3.71 3.82 3.79 4.37 [+]
Stock Market 10123.00 10300 10200 9880 9980 8320 points [+]
Government Bond 10y 3.14 3.37 3.41 3.44 3.47 4.01 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate -2.10 0.5 0.7 -1 0.8 1.2 percent [+]
GDP Annual Growth Rate 1.70 4.3 1.9 2.1 2.5 3.5 percent [+]
GDP 164.60 231 161 240 144 269 USD Billion [+]
Gross Fixed Capital Formation 66026.00 62785 60750 58683 60501 63460 QAR Million [+]
GDP per capita 74686.60 74390 74494 74598 74615 74621 USD [+]
GDP per capita PPP 132937.67 132409 132593 132777 132809 132819 USD [+]
Gdp Constant Prices 200749.00 203460 208534 204550 202581 217114 QAR Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 0.20 0.8 0.8 0.8 1 1.2 percent [+]
Population 2.57 2.59 2.68 2.78 2.84 3.43 Million [+]
Employed Persons 2073704.00 2205344 2282625 2304266 2364006 2703657 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.60 2.3 2.3 3.5 4 3.6 percent [+]
Consumer Price Index CPI 108.40 108 109 109 109 109 Index Points [+]
GDP Deflator 76.90 91.51 91.88 92.24 89.14 88.3 Index Points [+]
Inflation Rate Mom -0.20 0.5 0 -0.2 -0.02 -0.1 percent [+]
Food Inflation -1.30 -1.42 -1.24 -1.28 -1.27 -1.27 percent [+]
Cpi Transportation 117.20 117 117 117 117 117 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.00 5 5 5.5 5.5 6.25 percent [+]
Money Supply M0 60481.50 59141 58699 58407 58237 57991 QAR Million [+]
Money Supply M1 134850.00 135375 135816 135647 135760 135718 QAR Million [+]
Money Supply M2 518295.00 526421 529014 529833 530080 530158 QAR Million [+]
Foreign Exchange Reserves 124712.00 122243 123641 122502 123437 122969 QAR Million [+]
Banks Balance Sheet 1282549.00 1312052 1343536 1375568 1407706 1754723 QAR Million [+]
Deposit Interest Rate 2.40 2.31 2.45 2.6 2.62 2.41 percent [+]
Loan Growth 11.20 18.7 11.01 19.1 10.94 16.2 percent [+]
Central Bank Balance Sheet 188262.90 188970 189051 189062 189063 189064 QAR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 12321.00 7900 8200 6900 13523 8600 QAR Million [+]
Exports 19658.00 20128 20187 20200 20198 20202 QAR Million [+]
Imports 9786.00 10774 10484 10517 10519 10518 QAR Million [+]
Current Account -6169.00 -8610 -9288 -9942 -10238 -11846 QAR Million [+]
Current Account to GDP -5.50 6.8 -0.59 6.8 -4.99 15.7 percent [+]
Capital Flows -8949.00 -22743 -23489 -22413 -20975 -19984 QAR Million [+]
Gold Reserves 29.69 34.96 37.96 37.68 38.04 38.14 Tonnes [+]
Crude Oil Production 619.00 625 616 613 613 614 BBL/D/1K [+]
Terrorism Index 0.23 0.4 0.43 0.46 0.49 0.41 [+]
Tourist Arrivals 2930.00 3105 3145 3186 3222 3862 Thousand [+]
Foreign Direct Investment 939.00 542 522 526 526 526 QAR Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 34.90 47 47 47 34.07 42 percent [+]
Government Budget 16.10 -5.3 -5.3 -5.3 -4.2 -3.3 percent of GDP [+]
Government Budget Value 123455.00 -35700 123908 -28500 128344 3880 QAR Million [+]
Government Spending 128190.00 125899 123482 121065 119951 113466 QAR Million [+]
Government Revenues 336557.00 187000 366487 192000 367860 267000 QAR Million [+]
Fiscal Expenditure 213102.00 231477 217588 203700 201910 181361 QAR Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Changes in Inventories 247.60 222 229 237 237 236 QAR Billion [+]
Ease of Doing Business 83.00 89 92 95 95 98 [+]
Competitiveness Index 5.23 5.31 5.31 5.31 5.21 5.19 Points [+]
Competitiveness Rank 18.00 15 15 15 19 21 [+]
Business Confidence 20.20 22.98 21.79 22.03 21.87 22.73 [+]
Corruption Index 61.00 62 60 57 59 61 Points [+]
Corruption Rank 31.00 29 31 34 33 29 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 143009.00 149038 151123 153209 155769 181690 QAR Million [+]
Private Sector Credit 454685.00 461516 467249 472643 477790 519641 QAR Million [+]
Consumer Confidence 184.30 184 185 185 185 185 [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Housing Index 277.42 278 278 278 278 278 Index Points [+]
Building Permits 618.00 622 622 623 623 623 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 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 10 7.5 5 5 5 percent [+]
Social Security Rate For Companies 0.00 0 0 0 0 0 percent [+]
Social Security Rate For Employees 5.00 10 7.5 5 5 5 percent [+]