The Central Bank of Qatar raised its deposit rate by 25 bps to 2.25 percent on September 27th 2018, following the Fed's decision to hike the funds rate by 25 bps. The lending rate was kept unchanged at 5 percent. Deposit Interest Rate in Qatar averaged 1.89 percent from 2002 until 2018, reaching an all time high of 5.15 percent in May of 2006 and a record low of 0.75 percent in August of 2011.

Deposit Interest Rate in Qatar is expected to be 2.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Qatar to stand at 3.25 in 12 months time. In the long-term, the Qatar Deposit Interest Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Qatar Deposit Interest Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 10:00 AM Deposit Interest Rate Decision 2.25% 2.5%


Qatar Money Last Previous Highest Lowest Unit
Interest Rate 5.00 5.00 5.85 1.53 percent [+]
Money Supply M0 72427.20 75265.20 91808.60 1186.50 QAR Million [+]
Money Supply M1 123740.00 127243.00 137184.00 34436.00 QAR Million [+]
Money Supply M2 565602.00 581367.00 603332.00 110881.00 QAR Million [+]
Foreign Exchange Reserves 169173.90 166397.40 175606.00 1251.60 QAR Million [+]
Banks Balance Sheet 1404004.40 1382900.00 1404004.40 9829.80 QAR Million [+]
Deposit Interest Rate 2.25 2.25 5.15 0.75 percent [+]
Loan Growth 8.10 4.60 75.60 -14.90 percent [+]
Central Bank Balance Sheet 202265.40 203839.50 232663.20 1265.30 QAR Million [+]
Reverse Repo Rate 2.50 2.50 6.65 1.53 percent [+]


Qatar Deposit Interest Rate

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Qatar. Qatar Deposit Interest Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.25 2.25 5.15 0.75 2002 - 2018 percent Monthly




Country Last
Turkey 22.50 Oct/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Nov/18
Mexico 2.70 Dec/17
Australia 1.90 Oct/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Oct/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Sep/18
Euro Area -0.40 Oct/18


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