Qatar Economic Outlook Issue Number 13

Figure 2-50: Net other foreign investments 
A
L
A
L
A
L
A
L
2018
2019
2020
UpToQ3_2021
Loans
16
13
-2
1
3
26
-3
-11
Currency/deposit
-42
46
-23
79
3
59
-57
98
Others
9
-1
-10
-4
-1
-5
-5
-8
Net
-17
58
-35
76
4
80
-67
59
-80
-60
-40
-20
0
20
40
60
80
100
120
Q
R b
illi
on
Source: QCB and prepared by PSA

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Qatar Economic Outlook 2021 - 2023 
100 
Foreign Trade 
Given the pivotal role that foreign trade plays 
in Qatar's economic and social development, 
the State of Qatar has realized since the 
beginning of 1990s the importance of 
integrating its economy with foreign 
economies. This entailed a comprehensive 
review of the trade and foreign investment 
policies of the State of Qatar in accordance 
with international standards, as shown in Box 
(2-9). 
The 
average 
percentage 
of 
total 
merchandise exports of GDP during the 
period (2017-2020) reached about 41.2%, 
and the average percentage of the state's 
public revenues from oil and gas was about 
74.1% of the total hydrocarbon exports. In 
addition, import activities provide the local 
market with consumer, intermediate and 
capital goods, in order to meet the 
requirements 
of 
socio-economic 
development. 
According to World Bank’s statistics for 2019, 
Qatar ranked 42nd in terms of total exports 
among the world's exporting countries. 
According to 2019 statistics of the 
International Trade Center, Qatar ranked 
64th in terms of total imports among the 
world's importing countries. It is worth noting 
that the number of Qatar's trading partners in 
2019 sums to 144 countries for import and 
156 countries for export. However, due to 
COVID-19 
measures, 
the 
numbers 
decreased in 2020 to 123 and 125, 
respectively.

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