
Macro - Country Economic Forecasts - Qatar
Description
Macro - Country Economic Forecasts - Qatar
We leave our 2022 GDP growth forecast for Qatar unchanged at 3.6% for now, which reflects our view that the unfolding conflict in Ukraine has a limited impact on the outlook. Although sentiment may suffer in the short term if uncertainty persists and price pressures intensify, the energy price windfall should cushion demand, particularly as the remaining health restrictions are lifted and travel picks up ahead of the World Cup. GDP growth in 2023 is forecast at 3.5%.
We leave our 2022 GDP growth forecast for Qatar unchanged at 3.6% for now, which reflects our view that the unfolding conflict in Ukraine has a limited impact on the outlook. Although sentiment may suffer in the short term if uncertainty persists and price pressures intensify, the energy price windfall should cushion demand, particularly as the remaining health restrictions are lifted and travel picks up ahead of the World Cup. GDP growth in 2023 is forecast at 3.5%.
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