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 Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -3.60 1 0.9 0.8 1 1.2 percent
Unemployment Rate 0.10 0.1 1 0.1 0.1 1.2 percent
Inflation Rate 0.60 0.4 0.5 1.2 1.6 2.8 percent
Interest Rate 5.00 5 5.5 5.5 5.5 6.25 percent
Balance of Trade 16888.00 16546 16502 16580 16621 16581 QAR Million
Government Debt to GDP 54.40 48 48 45 45 42 percent
MARKETS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 3.64
3.69 3.73 3.78 3.83 4.02
Stock Market 9764.16
points
9690 9555 9423 9291 8785
Government Bond 10y 4.24
percent
4.28 4.35 4.42 4.49 4.78
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate -3.60
percent
1 0.9 0.8 1 1.2
GDP Annual Growth Rate 1.40
percent
2.1 1.8 2.4 2.1 3
GDP 167.61
USD Billion
170 170 185 185 190
Gross Fixed Capital Formation 65090.00
QAR Million
58385 66262 66652 54481 69887
GDP per capita 65696.39
USD
66100 66100 66600 66600 67100
GDP per capita PPP 116935.60
USD
117000 117000 118500 118500 120000
Gdp From Agriculture 302.00
QAR Million
304 299 301 298 282
Gdp From Construction 24870.00
QAR Million
26008 26571 27131 27686 33040
Gdp From Manufacturing 18776.00
QAR Million
19680 19753 19777 19785 19789
Gdp From Mining 94074.00
QAR Million
97594 97983 97873 97904 97897
Gdp From Public Administration 10547.00
QAR Million
10662 10663 10663 10663 10663
Gdp From Services 13743.00
QAR Million
13778 14306 13808 14277 14174
Gdp From Transport 4805.00
QAR Million
4496 4792 4948 4756 5190
Gdp From Utilities 695.00
QAR Million
718 718 718 718 718
Gdp Constant Prices 199199.00
QAR Million
211197 210465 203980 202210 221982
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 0.10
percent
0.1 1 0.1 0.1 1.2
Population 2.64
Million
2.74 2.74 2.76 2.78 3
Employed Persons 1995521.00
1998719 1985283 1973033 1961864 1892291
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.60
percent
0.4 0.5 1.2 1.6 2.8
Consumer Price Index CPI 108.95
Index Points
109 109 110 110 115
GDP Deflator 76.90
Index Points
91.88 92.24 89.14 86.04 83.03
Inflation Rate Mom 0.00
percent
0 0.1 0 0 -0.1
Food Inflation -2.60
percent
-3.44 -3.41 -3.39 -3.39 -3.39
Cpi Housing Utilities 107.18
Index Points
110 110 110 109 116
CPI Transportation 129.21
Index Points
119 123 126 129 129
Producer Prices 51.10
Index Points
72.34 81.74 85.67 92.22 140
Producer Prices Change 37.60
percent
32 31 30 31 32
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 5.00
percent
5 5.5 5.5 5.5 6.25
Money Supply M0 73231.00
QAR Million
72753 70818 69969 69488 68892
Money Supply M1 128778.00
QAR Million
130041 129490 129422 129413 129412
Money Supply M2 588142.00
QAR Million
591013 592582 592999 593113 593165
Foreign Exchange Reserves 165091.10
QAR Million
166180 166024 166281 166244 166250
Banks Balance Sheet 1387340.20
QAR Million
1405260 1424961 1446711 1468931 1684680
Deposit Interest Rate 2.00
percent
2 2.5 2.5 2.5 3.25
Loan Growth 5.30
percent
7.2 8.8 7.5 4.45 7.9
Central Bank Balance Sheet 199930.48
QAR Million
200806 201714 202329 202751 203650
Reverse Repo Rate 2.50
percent
3 3.5 2.5 2.5 4
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 16888.00
QAR Million
16546 16502 16580 16621 16581
Exports 26607.00
QAR Million
26380 26454 26450 26459 26456
Imports 9719.00
QAR Million
9834 10024 9869 9838 9875
Current Account 11788.00
QAR Million
13867 14508 15011 15374 16428
Current Account to GDP 3.80
percent
6 6 8 8 7
Capital Flows 178.00
QAR Million
-4201 -10242 -14141 -15552 -13447
Gold Reserves 26.60
Tonnes
26.66 26.21 26.02 26.19 26.03
Crude Oil Production 612.00
BBL/D/1K
609 608 609 610 609
Foreign Direct Investment -5189.00
QAR Million
-1720 606 2269 -587 176
Terrorism Index 0.12
0.29 0.27 0.29 0.31 0.4
Tourist Arrivals 2938.00
Thousand
3025 3000 3000 3000 2900
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 54.40
percent
48 48 45 45 42
Government Budget -5.80
percent of GDP
-2 -2 2.5 2.5 4
Government Budget Value -35395.00
QAR Million
31986 23719 54649 56506 90115
Government Spending 59950.00
QAR Million
129536 61029 61389 130882 64369
Government Revenues 160512.00
QAR Million
218291 210000 237838 242787 267000
Fiscal Expenditure 195907.00
QAR Million
186306 180097 183189 186281 176885
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Changes in Inventories 247.60
QAR Billion
227 237 238 238 237
Internet Speed 13710.27
KBps
19885 20653 21437 22340 30112
IP Addresses 327042.00
IP
336899 336454 335486 336477 336517
Manufacturing Production 6.90
percent
7.78 7.78 7.78 7.78 7.78
Mining Production -0.40
percent
-1.21 -1.19 -1.2 -1.19 -1.2
Industrial Production 0.00
percent
-0.85 -0.83 -0.83 -0.83 -0.83
Industrial Production Mom -2.90
percent
-1.68 2.18 2.26 0.45 1.25
Ease of Doing Business 83.00
77 74 73 71 50
Competitiveness Index 5.11
Points
5.14 5.14 5.06 5.03 4.85
Competitiveness Rank 25.00
22 22 26 27 27
Corruption Index 63.00
Points
63 64 63 63 64
Corruption Rank 29.00
29 28 28 28 28
Car Registrations 4622.00
6253 6495 6511 6452 6393
Business Confidence 23.00
Index Points
22.77 23.1 23.35 23.25 23.18
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Spending 150616.00
QAR Million
144511 153327 154231 146012 161717
Private Sector Credit 517284.00
QAR Million
527529 542323 556662 570467 684169
Gasoline Prices 0.55
USD/Liter
0.56 0.53 0.5 0.47 0.37
Consumer Confidence 184.10
Index Points
185 185 185 185 185
HOUSING Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Building Permits 383.00
449 502 528 542 560
Housing Index 235.06
Index Points
236 236 236 236 236
TAXES Actual Q3/18 Q4/18 Q1/19 Q2/19 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 4.25 5 -6
Social Security Rate For Companies 0.00
percent
0 0 0 0 0
Social Security Rate For Employees 0.00
percent
2.03 2.03 4.6 5.46 -5.85
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 22.55
mm
0.15 5.58 13.28 4.92 6.22
Temperature 19.07
celsius
34.16 24.01 18.94 34.4 27.45