Qatar - Economic Forecasts - 2018-2020 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 5.50 0.8 1 3.2 0.9 1.2 percent
Unemployment Rate 0.10 1 1 0.4 1 1.2 percent
Inflation Rate 0.90 1.9 2.3 2.8 3.4 3.6 percent
Interest Rate 5.00 5 5 5 5.5 6.25 percent
Balance of Trade 14898.00 15534 16144 16728 7400 8600 QAR Million
Government Debt to GDP 47.60 48 48 43.92 48 42 percent
MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Stock Market 9028.71
points
8594 8254 7928 7615 5516
Currency 3.64
3.78 3.93 4.09 4.25 4.96
Government Bond 10y 4.04
percent
4.04 4.24 4.44 4.65 5.59
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Growth Rate 5.50
percent
0.8 1 3.2 0.9 1.2
GDP Annual Growth Rate 1.90
percent
2.5 1.9 2.2 2.7 3.5
GDP 152.50
USD Billion
144 141 138 245 269
Gross Fixed Capital Formation 52275.00
QAR Million
68640 69439 64094 57615 62552
GDP per capita 66415.30
USD
66662 66519 66376 66232 65623
GDP per capita PPP 118215.30
USD
118906 118655 118403 118152 117594
Gdp Constant Prices 208922.00
QAR Million
197456 198008 204322 203912 200389
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 0.10
percent
1 1 0.4 1 1.2
Population 2.57
Million
2.49 2.59 2.68 2.78 3.43
Employed Persons 2329133.00
2500192 2573856 2643002 2706097 3080626
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 0.90
percent
1.9 2.3 2.8 3.4 3.6
Consumer Price Index CPI 109.30
Index Points
109 109 109 109 108
GDP Deflator 76.90
Index Points
109 110 112 113 106
Inflation Rate Mom 0.40
percent
0.09 0.1 0.09 0.1 -0.1
Producer Prices 60.80
Index Points
68.9 72.47 74.49 75.47 74.06
Producer Prices Change 21.40
percent
7.8 6.9 6 5.1 4.2
Food Inflation 5.60
percent
4.69 4.14 3.69 3.33 1.99
Cpi Housing Utilities 109.20
Index Points
109 108 108 108 110
CPI Transportation 124.20
Index Points
125 124 124 124 122
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 5.00
percent
5 5 5 5.5 6.25
Money Supply M0 62771.30
QAR Million
61787 60885 60006 59144 50022
Money Supply M1 123088.00
QAR Million
122800 122389 121972 121559 116998
Money Supply M2 603332.00
QAR Million
619506 625598 627002 626228 597771
Foreign Exchange Reserves 136928.20
QAR Million
128324 127218 126057 124734 110722
Banks Balance Sheet 1363639.80
QAR Million
1378799 1387077 1391358 1393340 1385153
Deposit Interest Rate 2.40
percent
2.41 2.58 2.75 2.92 3.88
Loan Growth 10.30
percent
10.5 11.51 12.54 18.7 16.2
Reverse Repo Rate 2.50
percent
2.5 2.75 3 3.5 4
Central Bank Balance Sheet 188406.40
QAR Million
189143 188631 187906 187150 178312
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 14898.00
QAR Million
15534 16144 16728 7400 8600
Exports 25905.00
QAR Million
30414 32819 34384 35621 42302
Imports 11007.00
QAR Million
11387 11725 11998 12248 13615
Current Account 7990.00
QAR Million
12233 14188 15246 16175 18958
Current Account to GDP -5.50
percent
-1 -1 -0.42 1 2.5
Capital Flows -41610.00
QAR Million
-31876 -29075 -26230 -26437 -22710
Gold Reserves 29.69
Tonnes
29.23 29.37 28.94 28.47 25.24
Crude Oil Production 621.00
BBL/D/1K
626 633 639 645 688
Terrorism Index 0.12
0.39 0.37 0.35 0.33 0.45
Tourist Arrivals 2930.00
Thousand
3025 3050 3075 3100 3200
Foreign Direct Investment 816.00
QAR Million
382 550 392 589 546
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 47.60
percent
48 48 43.92 48 42
Government Budget -9.00
percent of GDP
-4.2 -4.2 7.89 -4.2 -3.3
Government Budget Value -49858.00
QAR Million
-45359 -44128 -42897 -13000 3880
Government Spending 128190.00
QAR Million
124212 121476 118741 116005 79702
Government Revenues 161180.00
QAR Million
124699 136862 149025 210000 267000
Fiscal Expenditure 211038.00
QAR Million
198582 204082 209581 215081 170646
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Changes in Inventories 247.60
QAR Billion
433 439 445 451 933
Internet Speed 13710.27
KBps
13200 12916 12730 12521 10812
IP Addresses 327042.00
IP
318374 317070 315852 314114 303157
Manufacturing Production -2.80
percent
-1.95 -1.95 -1.95 -1.95 -1.95
Mining Production -2.10
percent
-1.05 -1.05 -1.05 -1.05 -1.05
Industrial Production 7.10
percent
1.83 3.16 0.23 1.49 1.44
Industrial Production Mom -0.60
percent
-0.18 -0.2 -0.19 -0.19 -0.19
Ease of Doing Business 83.00
85 84 83 82 65
Competitiveness Index 5.11
Points
5.14 5.14 5.14 5.14 4.85
Competitiveness Rank 25.00
24 24 24 24 31
Business Confidence 22.10
Index Points
19.26 19.92 20.85 20.98 20.25
Corruption Index 61.00
Points
66 64 61 59 62
Corruption Rank 31.00
27 29 31 34 29
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Spending 143009.00
QAR Million
146011 148382 150752 153123 177338
Private Sector Credit 478994.60
QAR Million
483577 486524 488412 489573 486213
Gasoline Prices 0.49
USD/Liter
0.44 0.39 0.45 0.43 0.43
Consumer Confidence 183.90
Index Points
185 185 185 185 185
HOUSING Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Housing Index 252.81
Index Points
263 269 272 275 279
Building Permits 838.00
704 646 609 588 563
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 10.00
percent
13 13 13 13 18
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Social Security Rate 0.00
percent
2 2 2 2 5
Social Security Rate For Companies 0.00
percent
0 0 0 0 0
Social Security Rate For Employees 0.00
percent
2.45 2.45 2.45 2.45 5.05
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 22.55
mm
13.25 3.31 0.15 5.58 6.22
Temperature 19.07
celsius
18.9 30.43 34.16 24.01 27.45