Qatar’s gross national income down 17.2 percent in Q2

18 Oct 2015

(MENAFN) Qatar’s gross national income (GNI) plunged 17.2 percent in the second quarter of this year to USD41.4 billion, according to official figures released.

The GNI was down 3.4 percent compared to the first quarter (Q1) of 2015, the Ministry of Development Planning and Statistics said.

The country’s gross national savings declined 29.9 percent compared to the same period a year earlier to USD21.18 billion and it was down 4.2 percent against the first quarter of 2015.

The gross saving ratio to nominal GDP in the April-June period has been estimated at 50.4 percent compared to 58.2 percent in the previous year period. The comparative figure for the first quarter was 50.5 percent.

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