Money in Qatar

Qatar Money | Economic News & Forecasts

Qatar - Money

The economy grew 4.0% year-on-year in Q2, rebounding firmly from the first quarter’s 2.5% contraction. The upturn was spearheaded by a solid expansion in the non-energy sector, although the result was flattered by a base effect and underlying momentum was likely constrained by tougher Covid-19 restrictions early in the quarter. Turning to Q3, conditions seemed to improve. The PMI averaged markedly higher in the first two months of the quarter compared to Q2. Moreover, higher crude oil and natural gas prices globally should have boosted the country’s all-important energy sector, in turn buttressing overall economic activity. In other news, on 2 October Qataris voted in the country’s first ever legislative elections to the Shura Council. However, the Council’s remit is limited, and a significant shift in economic policy is unlikely.

Qatar - Money Data

2015   2016   2017   2018   2019  
Money (annual variation in %)3.4  -4.6  21.3  -6.5  2.5  

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Qatar Money Chart

Qatar Money
Note: Annual variation of M2 in %.
Source: Qatar Central Bank.

Qatar Facts

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

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