Macroeconomic Outlook Report: Qatar

Macroeconomic Outlook Report: Qatar

Summary

Mining, manufacturing, and utilities contributed 52.2% to the gross value added (GVA) in 2023, followed by construction activities (10.7%), and wholesale, retail, and hotel business activities (7.1%). In nominal terms, the three sectors are expected to contract by 0.82%, 0.83%, and 0.82%, respectively, in 2024.

Doha is a major city in Qatar, contributing 44.4% to the country’s GDP and accounting for 47.5% of its population in 2023, according to GlobalData cities database.

The DSM index has demonstrated significant volatility. As of January 3, 2024, the index fell to 10,744.9 from 10,913 on January 3, 2023.

Scope

In September 2023, the Public Works Authority (Ashghal) and the Qatar General Electricity and Water Corporation announced a public tender worth $19.2 billion to promote infrastructure development in the country.

Reasons to Buy

Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.