gdp Archives

2 min

Business

FocusEconomics forecasts Qatar’s GDP per capita to hit $112,353 by 2027

The new report predicts steady GDP Growth, low unemployment, and increased trade balance projected for Qatar despite challenges. According to the latest data from FocusEconomics, a prominent market research firm,…

3 min

Qatar to lead GCC economic growth in 2023: World Bank

The Gulf state’s budget surplus hit QAR 19.7 billion ($5.4 billion) during Q1 of this year. Qatar’s economy is forecasted to lead the Gulf region’s economic growth this year at…

3 min

AI to boost Qatar GDP by 2030: Microsoft

AI advancements are already bearing fruit in modern societies, including Qatar, as it permeates people’s lives in a variety of ways. Artificial Intelligence (AI) will play a pivotal role in…

3 min

LNG giant Qatar witnesses 12-jump fold in surplus on energy profit

Mounting on top Qatar’s energy revenues, the World Cup organisers have said that they expect a $17 billion boost from hosting major football tournament. Qatar’s budget surplus increased by a…

3 min

Qatar’s economy sees 2.5% growth in first quarter

In 2022, the Middle East and North Africa (MENA) region’s output is projected to increase by 5.3%. Qatar’s GDP expanded by 2.5% in the first quarter of this year compared to…

3 min

Business

Qatar’s GDP per capita to surpass $100,000 by 2026

Inflation is expected to witness an increased rate by the end of 2022, almost double that of 2021, the report states. New research predicts that Qatar’s GDP per capita could…

3 min

Qatar expecting fastest growing GCC economy for next two years: World Bank

Oil exporters are gradually catching up to their pre-pandemic output levels, while the gap for oil importers is expected to remain wide. Qatar’s economy is projected to experience an expansion…

2 min

Qatar’s GDP expected to rise to $172 billion in 2022

To increase its self-sufficiency, Qatar has pushed to improve local manufacturing in a variety of fields. The country’s gross domestic (GDP) product is expected to climb from $161 billion in…

2 min

IMF: Qatar’s economy to spike in 2022

The Gulf country has seen a significant rise in LNG deals in the past years, with more expected by the end of 2022. Qatar’s real Gross Domestic Product (GDP) is…

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