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Qatar Chamber expects a year of economic recovery in 2021

Qatar Chamber's Research and Studies Department expects 2021 to be a year of recovery for Qatar's economy (from the impact of Covid-19) with an increase in the GDP of 2.2% compared to a decrease of 2.6% in 2020 according to the budget's main indicators.

The budget for 2021 anticipates total revenue of QAR 160.1 billion (USD 43.9 billion) and total expenditures of QAR 194.7 billion (USD 53.3 billion) respectively.

The figures of the Planning and Statistics Authority (PSA) for October 2020 indicate that the total value of foreign merchandise trade amounted to QAR 23.6 billion (USD 6.5 billion) which suggests an increase of 15.7% compared to September 2020.

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