Industry in Qatar

Qatar Industry | Economic News & Forecasts

Qatar - Industry

The economy likely performed well in the third quarter, after annual growth accelerated in the second quarter. The merchandise trade surplus in September grew nearly 26% over the same month a year earlier, despite the ongoing blockade. This was largely due to increased hydrocarbon shipments. Moreover, on 14 November the IMF noted that the government’s fiscal position is improving and that the Central Bank’s FX reserves have increased. The following week, the cabinet approved the 2019 draft budget, which includes spending for the 2022 World Cup and is expected to result in the first fiscal surplus in five years.

Qatar - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.2  1.9  1.7  0.8  1.5  

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Qatar Facts

Exchange Rate3.64-0.03 %Nov 29
Stock Market0.30.34 %Nov 28

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