Qatar economy is expected to see a rebound next year in both domestic and foreign demand; FocusEconomics said and noted it saw a 2.9% rise in GDP in 2021 and 3.6% in 2022.
Qatar’s international reserves are expected to total $37bn by the year-end, FocusEconomics has said in a report. Next year, it will be $175bn, followed by $187bn (2022) and $199bn in 2023.
Qatar’s merchandise trade balance, which is the difference in value between imported and exported goods, is expected to reach $49.8bn in 2024, latest country forecast by FocusEconomics has shown.
Qatar’s “strong” fiscal stimulus package to support the non-oil private sector should cushion the country’s economic downturn, FocusEconomics said even as the researcher expects a growth of 3.4% in 2021.
Qatar’s new Public-Private Partnership (PPP) law should support investment and activity in the non-oil sector even as the stimulus package worth 13% of the country’s GDP may prop up domestic demand
Qatar’s fiscal balance as a percentage of GDP is set to rise to 3.2% in 2024 from an estimated -6.9% this year, FocusEconomics has said in its country report.
Qatar’s public debt has been forecast to fall to 45.6% of the country’s GDP by 2024 from 52.6% this year, FocusEconomics has said in a report.
Qatar’s GDP has been estimated to reach $237bn by 2024 from $199bn this year, a new report has shown.
Qatar’s merchandise trade balance will scale up further and exceed $62.5bn in 2024, researcher FocusEconomics has said in a report.
Qatar’s merchandise trade balance will scale up to $51bn in 2023 from $45.5bn this year, researcher FocusEconomics has said in a report.
Qatar’s international reserves may exceed $41bn in 2023, from the current $35.6bn, FocusEconomics estimated and noted it will cover 11.3 months of country’s imports.
Qatar’s public debt will fall gradually until 2023, FocusEconomics said, and estimated it to be at 51.2% this year, 48.9% (in 2020), 45.2% (in 2021), 42.3% (in 2022) and 39.3% (in 2023).