The Qatar Central Bank lowered its benchmark interest rate by 25bps to 4.5 percent on September 19th, following the US Federal Reserve's decision to slash interest rates by the same margin. Also, both the deposit interest rate and the repurchase repo rate were also cut by 25bps to 2.25 percent. Interest Rate in Qatar averaged 4.81 percent from 2004 until 2019, reaching an all time high of 5.85 percent in May of 2006 and a record low of 1.53 percent in March of 2004.
Interest Rate in Qatar is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Qatar to stand at 4.00 in 12 months time. In the long-term, the Qatar Interest Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.