International Reserves in Qatar

Qatar International Reserves | Economic News & Forecasts

Qatar - International Reserves

The economy likely contracted notably in the first quarter, after shrinking in the second half of last year due to a sharp deterioration in the energy sector. Containment measures and travel restrictions battered domestic demand in Q1, particularly the tourism and retail sectors, while a sharp fall in hydrocarbon prices weighed heavily on merchandise exports. Prospects for the second quarter are even worse and the economy is now expected to decline at likely one of the steepest rates on record in H1 2020 as lockdown measures pummel the energy and non-energy sectors alike. That said, the government’s fiscal package of roughly 13% of GDP should be cushioning the blow to activity and help spark a rebound once the pandemic subsides.

Qatar - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)36.5  30.8  13.8  29.1  37.7  

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Qatar Facts

Value Change Date
Exchange Rate3.64-0.03 %Dec 31
Stock Market0.10.34 %Jan 07

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