Growth outpaced expectations in Qatar this past year, while 2014 is widely expected to see an uptick in economic activity, as the non-energy sector further expands on the back of high levels of infrastructure spending and consumer demand.
Qatar Economy
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Economic update | Qatar Year in Review 2013
15 Jan 2014
With the 2022 FIFA World Cup less than a decade away, Qatar’s government is poised to up the tempo of its infrastructure and development programme after raising expenditures on April 1 for the new financial year. Spending has been increased by 18% in the budget for fiscal year 2013/14, paving the way for the state’s infrastructure investment programme to gather yet further momentum.
Economic update | Qatar: Year In Review 2012
10 Jan 2013
A bid by Qatar’s government to consolidate several years of economic expansion, while channelling a budgetary surplus towards large-scale capital works projects, helped the country achieve its aim of more moderate growth for 2012.
With one of the world’s most commanding positions in the global energy industry and a growing role in regional diplomacy, Qatar has seen many returns on the political and economic investments it has made in the past two decades.
Interviews & Viewpoints | OBG talks to Sheikh Jassim bin Abdulaziz Al Thani, Minister of Business & Trade from The Report: Qatar 2012
What can accelerate the transition from public sector-lead development to a market-driven economy?
Articles & Analysis | Stabilising growth: Taking steps to reduce dependence on oil and gas from The Report: Qatar 2012
With oil and natural gas exports accounting for over 50% of GDP and almost 70% of government revenues, Qatar’s economy relies heavily on leveraging its hydrocarbons resources. The Gulf state has the third-largest proven natural gas reserves in the world and is currently the largest producer of liquefied natural gas (LNG). Elevated oil and gas prices...