Tourism booms in Qatar as 93% rise in inbound tourists in June

Qatar

The tourism sector continues to recoord growth in Qatar as latest figures show an uptick in inbound visitors.

According to the Planning and Statistics Authority (PSA) , the total number of inbound visitors reached around 282,000 in June 2023. While there was a slight 1.1 percent decrease compared to May 2023, there was a substantial 93.6 percent increase compared to June 2022. Most visitors, at 42 percent, came from the GCC countries, with 60 percent arriving by air.

In the latest issue of Qatar’s Monthly Statistics Bulletin, PSA has highlighted crucial statistical changes that took place in the country during June 2023.

In the property market, there was a substantial decline in the total numbers and values of properties sold, both at a monthly rate of 10.7 percent and 15.0 percent, respectively, compared to May 2023. Compared to June 2022, the decline was even more significant, at 41.8 percent in total numbers and 44.5 percent in total values.

The Total Broad Money Supply (M2) in the banking sector amounted to approximately 699 billion Qatari Riyals during June 2023, indicating an annual increase of 3.6 percent compared to June 2022. However, cash equivalents, including Commercial Bank Deposits, witnessed a 2.9 percent annual decrease, amounting to 955 billion Qatari Riyals.

As for building permits, a total of 641 permits were issued during June 2023, showing a 15.4 percent monthly decrease and a 15.1 percent annual decrease.

The PSA’s Monthly Statistics Bulletin for June 2023 presents a comprehensive overview of the country’s developments and trends, shedding light on various sectors’ performance and indicating areas of growth and challenges.

One of the most notable findings in this report is the decrease in traffic accidents. A total of 619 traffic cases were recorded during June 2023, indicating a 12.1 percent decline compared to the previous month and a significant 17.0 percent drop compared to June 2022. Notably, fatalities constituted only 2 percent of total traffic accidents cases.

The total number of new vehicles registered in June 2023 reached 6,593, showing a 19.7 percent monthly decrease and a 17.7 percent annual decrease.

The demographic statistics indicated a slight decline in Qatar’s total population, which stood at 2.656 million in June 2023, with an annual rate of change of 0.05 percent.

Social Security statements revealed that 79 million Qatari Riyals were disbursed in June 2023, benefiting 14,421 recipients. This represented a 0.8 percent monthly decrease in the value of social security and a 0.1 percent decrease in the number of beneficiaries.