Macro - Country Economic Forecasts - Qatar

Macro - Country Economic Forecasts - Qatar



We've kept our 2025 GDP growth forecast for Qatar at 2.7%. This is significantly below our regional growth projection of 4.0%, but higher than our 1.9% growth estimate for this year. Industrial output is still weaker than a year ago, but woes are slowly dissipating amid lower maintenance activity. Meanwhile, the momentum in non-energy sectors appears robust for Q4 and strong business sentiment is supporting the 2025 outlook.


Qatar: Non-energy economy is ending the year on a robust footing
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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