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Macro - Country Economic Forecasts - Qatar

Publisher Oxford Economics
Published Apr 25, 2022
Length 6 Pages
SKU # OFE17138226

Description

Macro - Country Economic Forecasts - Qatar

Qatar's GDP grew 1.5% in 2021, 0.7ppt below our forecast, after annual growth slowed in Q4 against our expectations of a pick-up. Although the latest industrial production reading displays notable weakness, we have kept our 2022 GDP growth forecast unchanged at 3.6% considering strengthening non-oil momentum in February and March amid economic reopening and our view of an upswing in activity related to the football World Cup later this year.

Table of Contents

6 Pages
Qatar: Strengthening non-oil activity underpins positive outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Medium-term risks look balanced
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
How Do Licenses Work?
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