Fiscal Balance in Qatar

Qatar Fiscal Balance | Economic News & Forecasts

Qatar - Fiscal Balance

The economy is on track to improve from last year, when growth was slowed by reduced oil production and trade relations with several of Qatar’s neighboring countries were severed in an ongoing diplomatic dispute. In Q1, GDP grew 1.4% compared to the same period in 2017 due to an increase in construction activity, likely related to the 2022 World Cup preparations. More recently, in April, Qatar’s merchandise trade surplus grew nearly 50% year-on-year. In May, business conditions in the non-hydrocarbon private sector improved for the tenth consecutive month, according to PMI data. Amid this positive backdrop, Fitch Ratings raised its debt rating outlook for Qatar from negative to stable in early June.

Qatar - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)19.3  12.3  -0.9  -9.2  -5.8  

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Qatar Fiscal Balance Chart

Qatar Fiscal
Note: Fiscal balance as % of GDP.
Source: Ministry of Finance and Met the why particular calculations.

Qatar Facts

Exchange Rate3.64-0.03 %Jul 13
Stock Market0.30.34 %Jul 12

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