Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
QatarQatar Total Credit Growth YoY fell to 4.2% in December 2024
FMPMonthlyReleased January 2025
Qatar Total Credit Growth YoY fell to 4.2% in December 2024, released January 2025, down 2.7% from November's 6.9% reading. The reading missed the 6.7% consensus by 2.5%. The print is running well below the 12-month average of 6.19%. Over the past 3 months, Total Credit Growth YoY averaged 6.73%, vs 6.76% in the prior 3-month window. Total Credit Growth YoY is now the lowest in 11 months.
Latest Release
4.2
Actual
6.7
Consensus
6.9
Previous
Median Absolute Error
±0.7 percentage points
across last 9 releases
Last Call
Jan 2025
Predicted: 6.63
Actual: 4.2
Error: +2.42
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Total Credit Growth YoY (Qatar) was reported at 3.6% in February 2025. The reading fell from the previous value of 4.2%.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 4.9%, down from the prior three at 6.95%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 9 releases, the Sigmacast model's median absolute error is 0.7%.
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
SHARE
Total Credit Growth YoY - QA
Loading chart data...
About Total Credit Growth YoY — Qatar
DEFINITION
Total Credit Growth YoY is a financial indicator that measures the year-over-year change in the total amount of credit extended by financial institutions. It provides insight into the overall growth of credit in an economy and can be used to assess the health of the lending market. A positive growth indicates an increase in borrowing and potential economic expansion, while a negative growth may signal a decrease in lending and potential economic contraction. This indicator is closely monitored by economists, policymakers, and investors as it can impact consumer spending, business investment, and overall economic activity.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2025): actual 3.6 %. Prior reading (Dec 2024): 4.2 %. Before that (Nov 2024): 6.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.