July 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 Q1, 2018. Major findings of this survey are presented in this press release. Revisions have been made to some of the previously published data.
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 Q1, 2018
The survey targeted some of the largest enterprises in the private sector which accounted for 84% of the 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 Q1 2018, liabilities to non-residents increased by 4% or Bn QR 28.4 from Bn QR 648.0 at the end of previous quarter to Bn QR 676.4
• At the end of Q1 2018, other foreign investments accounted for 67% or 455.9 Bn QR, followed by foreign direct investment in Qatar at 123.1 Bn QR or 18% and portfolio investments at 93.3 Bn QR or 14% of the total liabilities.
• At the end of Q1 2018, stock of inward FDI had been reduced by 6.1 Bn QR due to net outflows of FDI and other changes during the quarter.
Assets with non-residents (Outward Investment) :
• At the end Q1 2018, Qatar’s assets with non-residents increased by 2 Bn QR from 400.5 Bn QR at the end of the previous quarter to 402.5 Bn QR.
• At the end of Q1 2018, other foreign investments consisting of long term loans and trade related short term financial instruments accounted for 54% or 218.9 Bn QR of the total assets, followed by foreign direct investment abroad at 146 Bn QR or 36% and portfolio investments (financial securities) at 37.1 Bn QR or 9%.
• During Q1 2018, net out flows of foreign direct investment abroad and other changes amounted to 0.8 Bn QR.
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