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Analysis by Region - MENA - Qatar

Publisher Oxford Economics
Published Oct 26, 2022
Length 6 Pages
SKU # OFE17486776

Description

Analysis by Region - MENA - Qatar

The ongoing preparations for the World Cup propelled growth in Qatar's non-oil sector to 9.7% y/y in Q2, the fastest rate of growth since mid-2015. This, alongside expectations of activity benefitting from an influx of visitors in the near term, has prompted us to lift our 2022 non-oil GDP growth forecast to 7.6%, from 5.1% before. This will drive a 5.2% expansion in the economy this year (1.6ppts above our previous projection), followed by a slowdown to 2.7% in 2023.

Table of Contents

6 Pages
Qatar: growth surges amid final preparations for World Cup
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

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