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Qatar Interest Rate

Qatar's interest rate decreased to 4.85% in September 2025. This rate is the lowest in two weeks. The previous rate in July 2025 was 5.1%. The Qatar Central Bank reduced the rate by 25 basis points. This aligns with global monetary policy and the US Federal Reserve's actions. The peg of the Qatari riyal to the US dollar influences this decision. Qatar's record low interest rate was 2.5% in March 2020 and record high was 6.25% in July 2023.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Sep 18, 2025 4.85%
Jul 31, 2025 5.1%
Jun 19, 2025 5.1%
May 07, 2025 5.1%
Dec 31, 2024 5.1%
Nov 07, 2024 5.4%
Sep 18, 2024 5.7%
Aug 31, 2023 6.25%
Jul 26, 2023 6.25%
May 31, 2023 6%
Apr 05, 2023 6%
Mar 23, 2023 5.75%
Jan 31, 2023 5.5%
Dec 14, 2022 5.5%
Nov 02, 2022 5%
Sep 22, 2022 4.5%
Jul 27, 2022 3.75%
Jun 15, 2022 3.25%
May 05, 2022 2.75%
Mar 17, 2022 2.5%
Apr 30, 2020 2.5%
Mar 16, 2020 2.5%
Oct 31, 2019 4.25%
Sep 19, 2019 4.5%
Oct 31, 2018 5%
Sep 27, 2018 5%
Apr 30, 2018 5%
Mar 21, 2018 5%
Apr 30, 2017 5%
Mar 16, 2017 5%
Jan 31, 2017 4.75%
Dec 15, 2016 4.75%
Aug 31, 2015 4.5%

Recent Events

datetime event actual previous consensus
2025-09-17 02:30 PM Interest Rate Decision 4.85% 5.1% -
Qatar Interest Rate : Definition
The Interest Rate set by the Qatar Central Bank is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 17.4% 16.8% Dec'24
Debt to GDP Ratio 40.8% 43.7% Dec'24
Private Credit (% GDP) 120.03% 118.08% 2024