Breakeven Fiscal Oil Price for Qatar
QATPZPIOILBEGUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.74
Year-over-Year Change
-25.18%
Date Range
1/1/2000 - 1/1/2025
Summary
The Breakeven Fiscal Oil Price for Qatar measures the estimated price of oil needed for the Qatari government to balance its budget. This key metric provides insight into the fiscal health and economic stability of the major OPEC nation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Breakeven Fiscal Oil Price for Qatar represents the minimum price per barrel of oil that the Qatari government requires to cover its spending and avoid a budget deficit. This benchmark is closely watched by economists, investors, and policymakers to assess Qatar's fiscal sustainability and vulnerability to oil price fluctuations.
Methodology
The data is calculated by the International Monetary Fund (IMF) based on Qatar's government revenue and expenditure projections.
Historical Context
The breakeven oil price is a critical input for analyzing Qatar's economic and energy policies, as well as its overall fiscal position and creditworthiness.
Key Facts
- Qatar is the world's largest exporter of liquefied natural gas (LNG).
- Oil and gas account for over 50% of Qatar's government revenue.
- Qatar has one of the highest GDP per capita in the world.
FAQs
Q: What does this economic trend measure?
A: The Breakeven Fiscal Oil Price for Qatar measures the estimated price of oil needed for the Qatari government to balance its budget and avoid a fiscal deficit.
Q: Why is this trend relevant for users or analysts?
A: This benchmark is crucial for assessing Qatar's fiscal sustainability, economic stability, and vulnerability to oil price fluctuations.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund (IMF) based on Qatar's government revenue and expenditure projections.
Q: How is this trend used in economic policy?
A: The breakeven oil price is a key input for analyzing Qatar's fiscal, energy, and economic policies, as well as its creditworthiness.
Q: Are there update delays or limitations?
A: The data is published periodically by the IMF, and may be subject to revisions based on changing economic conditions and government projections.
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Citation
U.S. Federal Reserve, Breakeven Fiscal Oil Price for Qatar (QATPZPIOILBEGUSD), retrieved from FRED.