January.2018
The State of Qatar is taking necessary steps to become a subscriber of IMF's Special Data Dissemination System (SDDS). Under this scheme, countries are required to compile and disseminate quarterly foreign investment statistics. In this respect, MDPS and QCB launched the quarterly Foreign Investment survey referencing the period Q3, 2017. Major findings of this survey are presented in this press release.
The objective of these surveys, conducted in collaboration with QCB, was to cover major enterprises (private and public) operating in the national economy. However, data could be obtained only from privately owned companies )including banks) and public corporations. International financial transactions made by individuals and by the Government were not covered. Users are accordingly cautioned that the survey results are not strictly comparable with the BOP statement of the QCB.
Quarterly Foreign Investment Survey Results for Q3, 2017
(Previously Published Data up to 2017– Q2 – Revised)
The survey was addressed some of the largest enterprises in the private sector which accounted 84% of value of inward FDI of non-banks enterprises in 2016. Qatar Central Bank surveyed all financial institutions under its supervision. The results were then adjusted to account for the universe of enterprises in which there is foreign investment.
Liabilities to non-residents (Inward Investment) :
• At the end of Q3 2017, liabilities to non-residents decreased by 10% or Bn QR 78.3 from Bn QR 740.3 to Bn QR 665.0
• At the end of Q3 2017, other foreign investments accounted for 66% or 429.5 Bn QR, followed by foreign direct investment in Qatar at 135.1 Bn QR or 20% and portfolio investments at 95.8 Bn QR or 14% of the total liabilities.
• At the end of Q3 2017, stock of inward FDI had been reduced by 0.7 Bn QR due to net outflows of FDI and other changes during the quarter.
Assets with non-residents (Outward Investment) :
• At the end Q3 2017, Qatar’s assets with non-residents decreased by 28.2 Bn QR from 420.4 Bn QR at the end of the previous quarter to 392.2 Bn QR.
• At the end of Q3 2017, other foreign investments consisting of long term loans and trade related short term financial instruments accounted for 52% or 202.1 Bn QR of the total assets, followed by foreign direct investment abroad at 149.7 Bn QR or 38% and portfolio investments (financial securities) at 39.1 Bn QR or 10%.
• During Q3 2017, net out flows of foreign direct investment abroad and other changes amounted to 2.1 Bn QR.
