International Reserves in Qatar
Qatar - International ReservesThe 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
|International Reserves (USD)||36.5||30.8||13.8||29.1||37.7|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||3.64||-0.03 %||Dec 31|
|Stock Market||0.1||0.34 %||Jan 07|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.