Country Economic Forecasts - Qatar
Lingering doubts about whether the 2022 football World Cup will be held in Qatar appear to have been removed, with Fifa confirming it will take place in November/December 2022. The end of this uncertainty will give added impetus to the planned US$200bn capital spending programme in 2013-20. So although the hydrocarbon sector is expected to remain flat this year, with oil and gas output broadly unchanged, and then rise by just 1% in 2016, we have lifted our non-oil GDP projections by about 1% point to around 9.5% in both 2015 and 2016. As a result, we have raised our GDP growth forecast to 6% in 2015 and 6.4% in 2016. Inflation (on the new series) is now expected to slow to 2.7% this year before picking up modestly towards 4% a year in 2016-18.
- : The following represents a general Table of Contents outline for the Country Economic Forecast. The actual report may cover any or all of the topics listed below. - Highlights and Key Issues - four/five paragraphs of analysis covering the main economic and political issues contained in the subsequent Economic Overview - Forecast Table showing % changes for the country - with 2 years of historical data and 4 years of forecast data for the following: - Domestic demand - Private consumption - Fixed investment - Stockbuilding (% of GDP) - Government consumption - Exports of goods and services - Imports of goods and services - Unemployment - Consumer prices - Current account balance (US$ and % of GDP) - Government budget (% of GDP) - Short-term interest rates (%) - Long-term interest rates (%) - Exchange rate (vs. US dollar) - Exchange rate (vs. euro) - Economic Overview - two pages of events-driven analysis highlighting the most recent economic activity and, where relevant, political developments of the country, detailing significant changes to Oxford Economics' forecasts - Charts and Tables - covering a full range of economic developments relevant to the time period covered. These could include such topics as: - Contributions to GDP growth - Monthly industrial output - Business and consumer confidence - Unemployment rate - Retail sales - Prices and earnings - Consumption and investment - Government balance and debt - GDP and industrial production - Monetary policy and bond yields - Background Information on the country - One or two pages of text covering the main historical political and economic factors that determine the country's current position - Key Facts on the country - Map of the country - Key political facts - Long-term economic and social development - changes since 1980 - Structure of GDP by output - latest year - Long-term sovereign credit ratings and outlook - Corruption perceptions index- latest year - Structural economic indicators - changes since 1990 - Destination of goods' exports -prior years - latest year - Composition of goods & services exports - latest year