
Macro - Country Economic Forecasts - Qatar
Description
Our GDP growth forecasts for Qatar are unchanged at 2.7% for this year and 4.8% for 2026. Businesses remain optimistic about the outlook despite uncertainty over demand and recent PMI prints have held above the H1 average of 51.1, owing to ongoing labour market strength. We continue to project an expansion of 3.6% in the non-energy economy this year and expect a similar pace of growth in 2026.
Table of Contents
7 Pages
- Qatar: Strong 2026 outlook supports business optimism
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Exposure to key global risks
- Long-term prospects
- Alternative long-run scenarios
- Background
- Economic development
- Structure of the economy
- Balance of payments
- Policy and politics
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