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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 1.80 1 0.8 0.9 1.4 1.2 percent
Unemployment Rate 0.10 1 0.1 1 0.1 1.2 percent
Inflation Rate 0.10 1.3 1.8 2.4 2.6 3.6 percent
Interest Rate 5.00 5 5 5.5 5.5 6.25 percent
Balance of Trade 13351.00 12496 12030 11968 12000 11993 QAR Million
Government Debt to GDP 54.40 48 48 48 45 42 percent
MARKETS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Stock Market 8891.16
points
8295 7915 7553 7207 5974
Currency 3.64
3.78 3.93 4.09 4.25 4.95
Government Bond 10y 4.66
percent
4.2 4.38 4.57 4.77 5.67
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate 1.80
percent
1 0.8 0.9 1.4 1.2
GDP Annual Growth Rate 1.80
percent
2.3 2.6 2.8 2.7 3
GDP 152.50
USD Billion
147 145 245 259 269
Gross Fixed Capital Formation 65090.00
QAR Million
53974 52955 69750 65058 73782
GDP per capita 66415.30
USD
66498 65797 66192 65568 65557
GDP per capita PPP 118207.10
USD
118358 118085 117812 116698 116679
Gdp Constant Prices 204219.00
QAR Million
200329 211719 209937 202945 222074
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 0.10
percent
1 0.1 1 0.1 1.2
Population 2.64
Million
2.64 2.64 2.64 2.64 2.64
Employed Persons 2047348.00
2161497 2228747 2193268 2211986 2205516
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 0.10
percent
1.3 1.8 2.4 2.6 3.6
Consumer Price Index CPI 109.00
Index Points
110 110 112 112 120
GDP Deflator 76.90
Index Points
91.51 91.88 92.24 89.14 83.03
Inflation Rate Mom -0.40
percent
0.05 0.07 0.1 0.07 -0.1
Producer Prices 55.30
Index Points
61.24 64.66 74.26 65.81 112
Producer Prices Change 19.20
percent
18 18 19 19 24
Food Inflation 4.00
percent
3.45 3.1 2.82 2.59 1.85
Cpi Housing Utilities 108.31
Index Points
113 112 112 111 120
CPI Transportation 124.55
Index Points
120 121 125 128 134
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 5.00
percent
5 5 5.5 5.5 6.25
Money Supply M0 63752.30
QAR Million
61498 61002 60940 61058 61230
Money Supply M1 135583.00
QAR Million
132398 124684 127976 131945 129346
Money Supply M2 601673.00
QAR Million
548745 530226 552346 586469 581893
Foreign Exchange Reserves 137742.00
QAR Million
135816 128860 132763 130018 131139
Banks Balance Sheet 1394779.20
QAR Million
1421811 1451209 1480800 1510359 1827169
Deposit Interest Rate 1.75
percent
1.5 1.5 2 2 2.75
Loan Growth 11.70
percent
7.4 7.24 18.7 7.18 16.2
Reverse Repo Rate 2.50
percent
2.75 3 3.5 2.54 4
Central Bank Balance Sheet 192622.60
QAR Million
192206 192253 192260 192261 192262
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 13351.00
QAR Million
12496 12030 11968 12000 11993
Exports 23872.00
QAR Million
20864 20689 20681 20662 20666
Imports 10521.00
QAR Million
8367 8660 8739 8662 8673
Current Account 10308.00
QAR Million
5778 5778 5778 5778 5778
Current Account to GDP 3.80
percent
6 6 6 8 7
Capital Flows -14167.00
QAR Million
-41891 -41891 -41891 -41891 -41891
Gold Reserves 26.60
Tonnes
26.82 26.38 25.37 25.03 20.42
Crude Oil Production 606.00
BBL/D/1K
610 580 598 608 598
Terrorism Index 0.12
0.32 0.29 0.27 0.29 0.4
Tourist Arrivals 2938.00
Thousand
3050 3075 3100 3125 3200
Foreign Direct Investment 713.00
QAR Million
780 780 780 780 780
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 54.40
percent
48 48 48 45 42
Government Budget -5.80
percent of GDP
-2 -2 -2 2.5 4
Government Budget Value -35395.00
QAR Million
-64578 -67128 -22229 -63715 31548
Government Spending 59950.00
QAR Million
129664 129856 135996 131651 143858
Government Revenues 160512.00
QAR Million
142378 151033 210000 166795 267000
Fiscal Expenditure 195907.00
QAR Million
206956 218160 229365 230511 235452
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Changes in Inventories 247.60
QAR Billion
600 605 610 667 1347
Internet Speed 13710.27
KBps
12916 12730 12521 12280 10081
IP Addresses 327042.00
IP
334933 336899 336454 335486 336517
Manufacturing Production 6.90
percent
7.77 7.78 7.78 7.78 7.78
Mining Production -0.40
percent
-1.13 -1.21 -1.19 -1.2 -1.2
Industrial Production -2.50
percent
1.01 1.16 1.14 1.12 1.12
Industrial Production Mom 1.20
percent
2.01 1.64 1.81 1.73 1.76
Ease of Doing Business 83.00
83 83 83 83 83
Competitiveness Index 5.11
Points
5.17 5.17 5.17 5.17 5.17
Competitiveness Rank 25.00
21 21 21 21 21
Corruption Index 63.00
Points
63 63 63 63 63
Corruption Rank 29.00
29 29 29 29 29
Car Registrations 5189.00
5854 5854 5854 5854 5854
Business Confidence 23.30
Index Points
19.77 20 20.85 21.3 20.46
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Consumer Spending 150616.00
QAR Million
144654 144868 151718 146870 160488
Private Sector Credit 497525.80
QAR Million
491452 497033 502375 507445 548822
Gasoline Prices 0.49
USD/Liter
0.47 0.44 0.41 0.39 0.27
Consumer Confidence 184.00
Index Points
184 184 184 184 184
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Housing Index 252.10
Index Points
260 262 263 264 265
Building Permits 662.00
688 688 688 688 688
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 10.00
percent
10 10 10 10 10
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
Social Security Rate 0.00
percent
0 0 0 0 0
Social Security Rate For Companies 0.00
percent
0 0 0 0 0
Social Security Rate For Employees 0.00
percent
0 0 0 0 0
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 22.55
mm
3.31 0.15 5.58 13.28 6.22
Temperature 19.07
celsius
30.43 34.16 24.01 18.94 27.45