Macro - Country Economic Forecasts - Qatar

Macro - Country Economic Forecasts - Qatar



We've cut our 2025 GDP growth forecast for Qatar by 0.6ppts to 2.1% because we think the recovery in the energy sector will be markedly slower. We remain confident the non-energy sectors will remain the main driver of growth next year and project 2.7% expansion. Recent surveys show demand momentum is supportive of business activity as 2024 draws to a close.


Qatar: Budget for 2025 prioritises non-energy sector development
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

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