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 -1.50 0.5 0.7 -1 0.8 1.2 percent [+]
Unemployment Rate 0.10 0.8 0.8 0.8 1 1.2 percent [+]
Inflation Rate 0.10 2.1 2.3 3.5 4 3.6 percent [+]
Interest Rate 5.00 5 5 5.5 5.5 6.25 percent [+]
Balance of Trade 10737.00 7900 8200 6900 10993 8600 QAR Million [+]
Government Debt to GDP 47.60 47 47 47 48 42 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 3.77 3.7 3.73 3.84 3.81 4.39 [+]
Stock Market 8961.85 9100 9010 8730 8820 7350 points [+]
Government Bond 10y 3.39 3.58 3.61 3.65 3.68 4.25 percent [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate -1.50 0.5 0.7 -1 0.8 1.2 percent [+]
GDP Annual Growth Rate 2.50 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 63085.00 62256 60182 58214 60519 63152 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 197695.00 197887 197980 198025 198047 198068 QAR Million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 0.10 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 2105958.00 2098961 2153093 2138361 2189375 2297897 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.10 2.1 2.3 3.5 4 3.6 percent [+]
Consumer Price Index CPI 107.60 107 108 107 107 107 Index Points [+]
GDP Deflator 76.90 91.51 91.88 92.24 89.14 88.3 Index Points [+]
Inflation Rate Mom -0.60 0.5 -0.04 -0.2 -0.12 -0.1 percent [+]
Food Inflation -1.90 -1.8 -1.47 -1.55 -1.53 -1.54 percent [+]
Cpi Transportation 108.20 106 110 110 109 109 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 63537.30 63291 61904 61320 60961 60454 QAR Million [+]
Money Supply M1 133493.00 134132 134378 134274 134350 134322 QAR Million [+]
Money Supply M2 525164.00 529882 533537 534616 534911 534989 QAR Million [+]
Foreign Exchange Reserves 126659.00 127555 128427 127565 128273 127920 QAR Million [+]
Banks Balance Sheet 1308090.30 1325443 1363118 1399771 1436014 1824453 QAR Million [+]
Deposit Interest Rate 2.40 2.31 2.45 2.6 2.62 2.41 percent [+]
Loan Growth 9.30 18.7 8.49 19.1 8.29 16.2 percent [+]
Central Bank Balance Sheet 189716.00 190034 190253 190283 190287 190288 QAR Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 10737.00 7900 8200 6900 10993 8600 QAR Million [+]
Exports 20188.00 21488 21797 22043 22033 22073 QAR Million [+]
Imports 9451.00 9771 9706 9705 9712 9710 QAR Million [+]
Current Account 1086.00 -1823 -788 284 -109 1038 QAR Million [+]
Current Account to GDP -5.50 6.8 -0.59 6.8 -4.99 15.7 percent [+]
Capital Flows 5300.00 -1618 -4276 -9792 -11459 -10691 QAR Million [+]
Gold Reserves 26.58 25.73 28.76 27.2 27.87 27.78 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 1317.00 639 612 556 307 554 QAR Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 47.60 47 47 47 48 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 20.70 19.74 19.22 20.01 19.74 20.04 [+]
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 454520.50 458821 462662 466581 470337 500332 QAR Million [+]
Consumer Confidence 184.50 186 186 186 186 187 [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Housing Index 277.42 278 278 278 278 278 Index Points [+]
Building Permits 728.00 675 668 675 677 677 [+]
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 [+]