Macro - Country Economic Forecasts - Qatar

Macro - Country Economic Forecasts - Qatar



We have cut our 2024 GDP growth forecast for Qatar by 0.1ppt to 1.9% to reflect the ongoing drag from industry. However, demand for goods and services appears strong across non-energy sectors, leading to near-record employment growth and robust output expansion. Business confidence is rising, so we project the economy will grow by 2.8% next year.


Qatar: Rising business confidence supports year-ahead outlook
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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