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Country Forecast Qatar Updater Product Image

Country Forecast Qatar Updater

  • ID: 2101579
  • April 2015
  • Region: Qatar
  • 17 Pages
  • The Economist Intelligence Unit

The Economist Intelligence Unit expects Qatar to remain stable in 2015-19 under the rule of the youthful emir, Sheikh Tamim bin Hamad al-Thani. Vocal opposition to the government will remain minimal as Qataris continue to benefit from the country's huge hydrocarbons wealth.

Successful Saudi-led mediation efforts between Qatar and its neighbours in the Gulf Co-operation Council has helped to contain the eight-month diplomatic spat that began when Saudi Arabia, the UAE and Bahrain withdrew their ambassadors from the emirate in March 2014. (They agreed to return them in November 2014.) However, disagreements may flare up again, as Qatar is unlikely to comply fully with the demands of its neighbours, which would like to see the country end its support for the Muslim Brotherhood in the region.

State capital expenditure will decline (but remain high) in 2015, as we forecast that oil prices will average US$58/barrel this year, down from US$98.9/b in 2014. Government expenditure on infrastructure will pick up considerably in 2016-19, relative to recurrent spending, in preparation for the 2022 football World Cup and the National Vision 2030 development plan. Nevertheless, the fiscal account should remain in surplus in 2015-18, to the tune of 2.7% of GDP a year on average, before edging into deficit in 2019, with a shortfall of 0.6% of GDP.

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Country Forecast Qatar Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Qatar's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2015-19: Political stability

Outlook for 2015-19: Election watch

Outlook for 2015-19: International relations

Outlook for 2015-19: Policy trends

Outlook for 2015-19: Fiscal policy

Outlook for 2015-19: Monetary policy

Outlook for 2015-19: Economic growth

Outlook for 2015-19: Inflation

Outlook for 2015-19: Exchange rates

Outlook for 2015-19: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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