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Country Report Qatar June 2011
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HTMLData and charts: Annual data and forecast
| 2006a | 2007a | 2008a | 2009b | 2010b | 2011c | 2012c | |
| GDP | |||||||
| Nominal GDP (US$ m) | 60,497 | 80,751 | 110,712 | 98,313 | 115,460 | 160,882 | 186,606 |
| Nominal GDP (QR m) | 220,208 | 293,933 | 402,993 | 357,860 | 420,274 | 585,612 | 679,248 |
| Real GDP growth (%) | 14.2 | 15.3b | 11.7b | 9.5 | 14.0 | 15.8 | 5.9 |
| Expenditure on GDP (% real change) | |||||||
| Private consumption | 29.1 | 12.2b | 12.4b | 2.8 | 9.7 | 6.7 | 7.3 |
| Government consumption | 31.5 | 11.3b | 10.2b | 6.6 | 9.5 | 6.2 | 4.9 |
| Gross fixed investment | 12.8 | 21.4b | 12.6b | -1.9 | 6.2 | 2.8 | 4.5 |
| Exports of goods & services | 24.9 | 13.6b | 12.7b | 16.4 | 20.5 | 19.3 | 5.1 |
| Imports of goods & services | 42.4 | 13.0b | 13.4b | 3.1 | 12.3 | 4.4 | 4.2 |
| Origin of GDP (% real change) | |||||||
| Agriculture | 0.0 | 0.0 | 2.5b | 1.9 | 1.7 | 2.5 | 1.5 |
| Industry | 10.1 | 13.0 | 16.6b | 14.9 | 19.8 | 16.8 | 13.2 |
| Services | 23.0 | 15.0 | 15.4b | 3.0 | 2.5 | 6.1 | 4.9 |
| Population and income | |||||||
| Population (m) | 1.1 | 1.3 | 1.6 | 1.6a | 1.7 | 1.8 | 2.0 |
| GDP per head (US$ at PPP) | 59,398 | 59,775 | 58,747 | 61,832 | 67,752 | 75,260 | 76,183 |
| Recorded unemployment (av; %) | 0.9 | 0.4 | 0.4b | 0.5 | 0.5 | 0.4 | 0.5 |
| Fiscal indicators (% of GDP) | |||||||
| Central government revenue | 40.4 | 40.6 | 37.3 | 35.0 | 37.3 | 37.4 | 37.2 |
| Central government expenditure | 31.5 | 29.3 | 24.9 | 27.0 | 24.9 | 22.6 | 22.6 |
| Central government balance | 8.9 | 11.4 | 12.4 | 8.0 | 12.4 | 14.8 | 14.5 |
| Net public debt | 11.8b | 7.6b | 4.6b | 13.8 | 10.8 | 10.0 | 8.3 |
| Prices and financial indicators | |||||||
| Exchange rate QR:US$ (end-period) | 3.64 | 3.64 | 3.64 | 3.64a | 3.64a | 3.64 | 3.64 |
| Exchange rate QR:€ (end-period) | 4.80 | 5.32 | 5.06 | 5.22a | 4.94a | 4.79 | 4.44 |
| Consumer prices (end-period; %) | 11.3 | 13.7 | 13.2 | -3.7a | 0.9 | 4.0 | 3.7 |
| Stock of money M1 (% change) | 30.5 | 21.6 | 24.9 | 9.9a | 23.0a | 20.0 | 9.7 |
| Stock of money M2 (% change) | 39.6 | 39.5 | 19.7 | 16.9a | 23.1a | 15.5 | 11.5 |
| Lending interest rate (av; %) | 7.2 | 7.4 | 6.8 | 7.3a | 7.3a | 6.0 | 6.8 |
| Current account (US$ m) | |||||||
| Trade balance | 19,240 | 20,912 | 31,457 | 21,504 | 31,554 | 67,739 | 86,367 |
| Goods: exports fob | 34,051 | 42,020 | 56,593 | 43,956 | 54,935 | 92,225 | 109,855 |
| Goods: imports fob | -14,811 | -21,108 | -25,135 | -22,452 | -23,381 | -24,487 | -23,488 |
| Services balance | -2,763 | -3,726 | -3,796 | -3,916 | -4,161 | -3,094 | -2,188 |
| Income balance | -3,281 | -4,239 | -6,762 | -6,053 | -7,513 | -11,550 | -13,595 |
| Current transfers balance | -3,280 | -4,239 | -6,762 | -5,837 | -4,841 | -5,313 | -5,626 |
| Current-account balance | 9,916 | 9,021 | 15,880 | 5,672 | 15,038 | 47,782 | 64,957 |
| External debt (US$ m) | |||||||
| Debt stock | 29,824b | 47,162b | 57,365b | 70,801 | 75,822 | 81,812 | 84,606 |
| Debt service paid | 3,038b | 3,351b | 4,712b | 5,761 | 6,197 | 6,423 | 7,020 |
| Principal repayments | 1,562b | 1,290b | 2,602b | 2,743 | 2,832 | 2,922 | 3,200 |
| Interest | 1,476b | 2,061b | 2,110b | 3,018 | 3,365 | 3,501 | 3,820 |
| International reserves (US$ m) | |||||||
| Total international reserves | 5,395 | 9,752 | 9,998 | 18,806a | 31,187a | 39,280 | 43,198 |
| a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. | |||||||
| Source: IMF, International Financial Statistics. | |||||||
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