The Middle East

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Chapter | Country Profile from The Report: Qatar 2022

Since gaining independence in 1971 Qatar has developed into an economic, political and cultural powerhouse in the Middle East. With a relatively small population and substantial revenue generated from having the third-largest proven natural gas reserves globally, Qatar has one of the world’s highest GDP per capita, at nearly $62,000 at current prices and $103,000 in purchasing power parity in...

Chapter | Economy from The Report: Qatar 2022

As with other countries around the world, Qatar’s economy was affected by the Covid-19 pandemic and its wide-ranging effects in global markets, including...

In light of the Covid-19 pandemic, supply chain disruptions and broader environmental concerns, many countries are looking to improve the efficiency of agriculture while also reducing its carbon footprint.

Qatar is leveraging its resources to become a knowledge-based, diversified economy fuelled by a dynamic private sector. As such, the country is investing in strategic areas such as agriculture, services, and research and development to further move the economy away from its dependence on hydrocarbons and attract greater foreign direct investment.

As rising inflation and the global food crisis place financial pressure on many countries around the world, remittance flows to emerging markets are expected to continue to provide crucial support.

Russia’s invasion of Ukraine has caused disruptions across the global economy, from food to energy, but it has also prompted an increase in the number and sophistication of cyberattacks, exacerbating similar impacts from the Covid-19 pandemic.

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