FX.co ★ Qatar's Total Credit Growth Slows to 4.70% in May as Economic Conditions Shift

In a recent update, Qatar has observed a notable slowdown in its total credit growth, dropping to 4.70% in May 2025, down from the 5.90% recorded in April 2025. This data, updated as of June 19, 2025, highlights a potential shift in the country’s economic atmosphere over the past year.

The year-over-year analysis of Qatar’s credit movement indicates a deceleration in credit growth for May when compared to the same month last year. The previous month’s indicator, reflecting a 5.90% growth, also measured against the same period in the previous year, further underscores the recent decline.

This development could signal changes in borrower behavior amid evolving market dynamics and potentially tighter financial conditions. As analysts contemplate the causes and long-term impacts of this trend, it will be crucial to consider the wider economic factors at play in Qatar and the broader Gulf region. A close watch on upcoming financial data releases will help clarify the trajectory of credit growth in the months ahead.