IMF Staff Country Reports

Qatar: Selected Issues

May 30, 2018

Download PDF

Preview Citation

Format: Chicago

Qatar: Selected Issues, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

This Selected Issues paper analyzes the performance and vulnerabilities of Qatar’s nonfinancial corporate (NFC) sector. Qatar’s NFC sector is sizable in terms of the overall share of economic activity. The total turnover of these companies was US$ 28 billion in 2016. Assets of listed and non-listed NFCs in Qatar were estimated at about 115 percent of non-hydrocarbon GDP in 2016. Although profitability of Qatari corporates, as measured by Return on Equity and Return on Assets, has declined, it is still high. Qatari companies remain resilient in the face of moderate to severe interest and earnings shocks, as median Interest Coverage Ratio of Qatari firms remains well above 1. The impact of these shocks on debt-at-risk and firms-at-risk is also limited.

Subject: Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Money, Nonperforming loans, Oil prices, Prices, Stress testing

Keywords: Bank, Commercial banks, CR, Credit, Credit growth, Earnings, Earnings shock, Equity price, IMF staff calculation, ISCR, NFC assets, Nonperforming loans, Oil prices, Private sector, Qatari NFC sector, Qatar's Interest Coverage Ratio, Stress testing

Publication Details

  • Pages:

    18

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2018/136

  • Stock No:

    1QATEA2018002

  • ISBN:

    9781484358467

  • ISSN:

    1934-7685