Fiscal Balance in Qatar
Qatar - Fiscal BalanceThe latest indicators suggest the economy continued to grow at a moderate pace in the fourth quarter. The annual trade surplus increased throughout Q4 thanks to a surge in exports, on higher oil prices in the early part of the quarter and strong gas exports throughout the period. Moreover, private credit growth surged, which bodes well for the non-oil sector. In less positive news, industrial production contracted in month-on-month terms in October and November. Looking ahead to Q1, Qatar’s withdrawal from OPEC frees it from production curbs, which should support the oil sector somewhat. On the political front, in January Qatar purchased USD 0.5 billion of Lebanese bonds to support the struggling economy and strengthen political ties in the region.
Qatar - Fiscal Balance Data
|Fiscal Balance (% of GDP)||19.3||12.3||-0.9||-9.2||-5.8|
5 years of economic forecasts for more than 30 economic indicators.
Qatar Fiscal Balance Chart
Source: Ministry of Finance and Met the why particular calculations.
|Exchange Rate||3.64||-0.03 %||Feb 14|
|Stock Market||0.3||0.34 %||Feb 14|
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