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Qatar_map_527x286px Qatar+flag Sheikh Tamim bin Hamad al-Thani
Qatar
Leader
Emir Sheikh Tamim bin Hamad al-Thani

Qatar country datafile
Country overview
Government contacts

Country data

Iran New Page 1
Iran 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 97.8 125.1 169.8 189.9 202.5 212.0* 227.1
GDP per capita ($) 59,936 76,413 99,432 103,418 98,9986 94,744* 93,536
Real GDP growth (annual change, %) 12.0 16.7 13.0 6.1 6.5 6.5* 7.7
Government revenue (% of GDP) 44.5 31.5 35.0 40.5 46.5 42.9* 39.6
Government total expenditure (% of GDP) 32.2 29.0 28.5 30.9 31.1 31.5* 30.6
General government debt (gross, % of GDP) 33.6 29.3 32.7 35.8 34.3 25.5* 24.8
Current account balance (% of GDP) 6.5 19.1 30.6 32.7 30.9 27.1* 23.2
Inflation (%) -4.9 0.4 2.1 2.6 2.5 3.4* 3.5
Population (millions) 1.6 1.6 1.7 1.8 2.0 2.2* 2.4
Unemployment (%) na na na na na na na
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: February 2015; *=Estimate

Doing business in...

Qatar

MEED’s guide to doing business in Qatar Subscription

5 June 2014 | By

It is an exciting time in the country’s development and there are very few places in the world changing as radically as Qatar

Dhows

History of Qatar Subscription

5 June 2014

In modern terms, Qatar is a young state, but the peninsula has been inhabited for thousands of years

Qatar government

Qatar government structure Subscription

5 June 2014

Having been a British protectorate since 1916, Qatar became an independent state in September 1971

Diplomacy in Qatar Subscription

5 June 2014

Sheikh Hamad’s first and most important moves after becoming emir in 1995 was to set up the television news channel Al-Jazeera

Qatar economy Subscription

5 June 2014

Qatar has been one of the fastest-growing economies in the world since 2006

People and culture in Qatar Subscription

5 June 2014

The population of Qatar is estimated at 1.8 million and the ratio of men to women is more than three to one

Doing business in Qatar Subscription

5 June 2014

Grant Kirk, general manager, Qatar at The Links Group of Companies, explains how to set up and operate a firm

Types of company in Qatar Subscription

5 June 2014

For foreign investors looking to incorporate a local entity under the Commercial Companies Law, there are eight types of company structures available in Qatar

The steps to setting up a business in Qatar Subscription

5 June 2014

MEED guides you through the first steps of setting up a company in Qatar

Qatar Financial Centre Subscription

5 June 2014

Established by the government of Qatar in 2005, the QFC comprises four independent bodies

Qatar Science & Technology Park Subscription

5 June 2014

Qatar Science & Technology Park (QSTP) was set up by the Qatar Foundation in 2009 to facilitate the research and development of technology

The Pearl GTL is at Ras Laffan

Industrial cities in Qatar Subscription

5 June 2014

Qatar has several industrial cities which operate as single-site hubs where resources are pooled to help integrate upstream and downstream industries. The Ras Laffan, Mesaieed and Dukhan industrial cities are centred around the processing, refining and liquefaction of gas, or on the manufacturing of goods that require gas as a feedstock or for energy.

Qatar work force, 2010

Employment law in Qatar Subscription

5 June 2014

Andrew Wingfield and Elias Matni from Simmons & Simmons explain employees’ rights and employers’ obligations

Free zone: Qatar Financial Centre has different tax legislation

Taxes in Qatar Subscription

5 June 2014

Susan Bastress, from the Doha office of US law firm Patton Boggs, and Garrett Grennan, from the Doha office of the UK’s EY, answer key questions on taxation

Dissolving a company in Qatar Subscription

5 June 2014

Andrew Wingfield, partner and regional head, and Elias Matni, associate, at UK-based Simmons & Simmons explain how to wrap up a business

Transport and logistics in Qatar Subscription

5 June 2014

Like most GCC states, Qatar has a severely underdeveloped transportation system

Property in Qatar Subscription

5 June 2014

Qatar’s property market has undergone a major transformation in the past few years

Education in Qatar Subscription

5 June 2014

According to the Supreme Education Council, Qatar has a total of 249 public and private schools

Healthcare in Qatar Subscription

5 June 2014

Qatar has a public health service accessible to both nationals and expatriate residents, provided they have a health card with a patient number

Qatar Hotel Guests 2007-2011

The World Cup factor Subscription

5 June 2014

When it was announced on 2 December 2010 that Qatar had won the right to host the 2022 Fifa World Cup, the country erupted in celebration

Qatar information providers Subscription

5 June 2014

MEED

Selected Qatar telephone numbers Subscription

5 June 2014

Banks

Qatar telecoms industry Subscription

5 June 2014

Since opening up its telecoms market to competition in 2006, Qatar has forged ahead with developing its infrastructure and services

National identity card in Qatar Subscription

5 June 2014

When arrivals to Qatar are issued a residence permit, they also receive a plastic ID card, the size of a credit card, with a bar code, photo and basic information. It is mandatory to have this for bureaucratic procedures such as applying for a driving licence or opening a bank account.

Qatar projects market Subscription

5 June 2014

The Qatar projects market offers some of the largest and most ambitious projects in the region. What makes the sector even more attractive is the fact that the state’s projects plans come under the time pressure of the 2022 Fifa World Cup, ensuring they have to go ahead and must be built to a specific deadline.

Qatar ministry contacts Subscription

4 June 2014

Qatar trends

Gulf projects index

Middle East contracts awarded: February 2015 Subscription

1 March 2015

Over $8bn of contracts awarded in February in the Middle East

Ethylene production costs

Oil price drop will lower GCC petrochemicals margins Subscription

15 February 2015 | By

Regional producers will face stronger competition from naphtha-based crackers in Asia and Europe

GCC relations: Doha’s willingness to make concessions augurs well for regional unity in 2015

Qatar puts on a united front Subscription

3 February 2015 | By

As 2015 gets under way, Doha is looking to put behind it the public fallout with its GCC neighbours, but its position on Libya and Egypt remains contentious

GCC cement capacity

Cement demand set to soar Subscription

3 February 2015 | By

With the pace of project activity picking up in Qatar in the run-up to the 2022 football World Cup, the governmentmay have to review cement prices

Qatar population

Lack of enforcement fails labour laws Subscription

2 February 2015 | By James Gavin

The Qatari authorities have released new regulations governing wages and living conditions for migrant labourers in the wake of sustained criticism of abuses

GCC cement capacity

Qatar rethinks its chemicals strategy Subscription

2 February 2015 | By

The cancellations of the Al-Karaana and Al-Sejeel petrochemicals projects have been prompted by the slump in oil prices and will allow Doha to focus on building infrastructure for the 2022 Fifa World Cup

Qatar GDP, 2013

Doha adjusts to lower oil prices Subscription

1 February 2015 | By

With robust fundamentals and a young leader willing to pursue economic reforms, Qatar is well positioned to weather the decline in hydrocarbons revenues

The price of labour and materials has been rising since 2010, but the decline in oil will provide respite from inflation

A window of opportunity Subscription

27 January 2015 | By

The price of labour and materials has been rising since 2010, but the decline in oil will provide respite from inflation and encourage clients that want to move ahead with projects despite oil price concerns

Doha

Commercial Bank of Qatar talks success overseas Subscription

26 January 2015 | By

The head of the Commercial Bank of Qatar, Abdulla al-Raisi, says the lender has a growing appetite to expand internationally after successes in Oman, the UAE and Turkey

Commercial use: The first Qatar Airways flight powered by GTL-based jet fuel took off in January 2013

Lucrative future for GTL sector

20 January 2015 | By

GTL providers seek new end-uses for their high-quality products

Filter Qatar analysis by sector

MEED comment

Construction

New vision for GCC construction workforce

22 February 2015 | By Sachin Kerur

Development of a regional policy for hiring workers is under discussion

The supply chain in Qatar will continue to be tested this year as other more essential projects continue to be built, such as the main stadiums

Sharq Crossing delay good for Qatar

20 January 2015 | By

Construction market already overheating as other more essential projects continue to be built

Qatar makes hard decisions on petrochemicals

Qatar makes hard decisions

20 January 2015 | By

Cancelling the Al-Karaana petrochemicals project is a big decision, but sends an ominous warning to contractors

Saudi Aramco's Khurais oil field in Saudi Arabia

Masters of the new world energy order

18 January 2015 | By

The GCC, the worlds’ biggest energy exporter, and the US, the world’s largest energy consumer are emerging as leaders in a new world energy order

Saudi Aramco's Khurais oil field in Saudi Arabia

Why GCC producers are happy to see oil fall Subscription

18 December 2014 | By

The GCC’s oil producers will be the biggest winners from the 2014 oil price crash

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

Shanghai in China

China proves attractive to Qatari banks Subscription

27 November 2014 | By

China and Qatar central banks collaborate on currency deals

Qatar World Cup: Designs for Lusail Stadium - side view

Qatar World Cup doubts wiped away Subscription

13 November 2014 | By

All Qatar’s efforts can now focus on World Cup preparations

Qatar gas

Al-Sejeel just a blip in Qatar's grand plan Subscription

25 September 2014 | By

Doha has a reputation for spending money on projects it believes in

Fertiliser production facility

Fertiliser industry facing tough times Subscription

18 September 2014 | By

Global overcapacity could mean lower margins for expanding GCC industry

Ras Laffan, Qatar

Qatar’s return to spending Subscription

21 August 2014 | By

Doha is keen to both strengthen its gas operations as well as diversify its hydrocarbons sector

Dubai Metro: Expansion could link to more areas

Metro progress is a promising sign Subscription

17 July 2014 | By

Both Dubai and Doha will benefit in the long term from the metro projects under way for World Cup and Expo

Learning: Qatar has been watching Brazil 2014 closely

Doubts remain over Qatar 2022 Subscription

10 July 2014 | By

After Brazil 2014 has ended, the focus will return with greater intensity to Qatar and whether it can host the 2022 football tournament

Qatar Fifa dispute

Fifa dispute to breed distrust Subscription

5 June 2014

The conflict raging over Qatar’s hosting of the 2022 World Cup raises concerns that clients will treat foreign firms with suspicion

Oil

Oil sector starts to reawaken Subscription

29 May 2014

Doha is increasing oil activity, hoping to shield the country against the shale gas revolution

Change: Exchanges will need to attract fresh listings

Volatility hits stock markets Subscription

22 May 2014

Improvements are needed in the UAE and Qatari bourses to reduce their vulnerability to speculators and attract longer-term investors

More MEED commentary

Special reports

SR

Qatar: Project focus turns to World Cup

3 February 2015

Qatar refocuses on infrastructure for the 2022 World Cup football tournament after scrapping petrochemicals projects

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

Banking

Qatar banking: State spending boosts banking sector Subscription

27 November 2014

Qatar’s financial services sector is finally feeling the benefit of Doha’s acceleration in infrastructure spending as it prepares to host the Fifa World Cup in 2022.

Qatar energy

Qatar Energy 2014 Subscription

9 November 2014 | By

Qatar Petroleum looks likely to uphold its moratorium on gas production when it comes under review in 2015

Doha

Qatar: GCC puts forward united front against Isis Subscription

24 September 2014

Isis represents a common, external threat, which has proved a timely reminder that the six states are strongest when they work together

Hamad International airport

Aviation and Airports: Region steps up investment Subscription

3 July 2014

The rapid rise of Emirates has spurred the growth of other world-leading airlines in the Gulf

Doha

Qatar: Focus returns to stadium programme Subscription

16 April 2014

It is a frustrating time for Doha

GCC real estate

Real Estate: GCC property markets stabilising Subscription

18 March 2014

There is an uptick in demand for residential and commercial property across the region, with just one or two exceptions

Qatar

Qatar Projects 2014: The clients driving a $285bn market Subscription

3 March 2014

Window of opportunity opens in Qatar market

Qatar

Qatar: Doha rethinks foreign policy agenda Subscription

23 January 2014

Foreign policy may change with Sheikh Tamim bin Hamad al-Thani at the helm

GCC construction

Construction: Continuing GCC projects growth into 2014 Subscription

16 January 2014

After such a successful 2013, beating that target will be a major challenge for the GCC projects market in the year ahead

Doha

Doha: Profits rise on government spending Subscription

28 November 2013

Qatar ramps up spending in preparation of the Fifa 2022 World Cup

More Qatar special reports

Market presentations

Dubai creek

Managing the Boom: The Outlook for the Middle East Subscription

23 July 2014

Opportunities and challenges for businesses in the region created by the new projects boom

Qatar metro

Webinar: GCC metro and rail projects Subscription

12 September 2013

MEED’s analysis and forecast presentation on the metro projects in the region

Middle East Outlook 2013

A region in transition: Middle East outlook 2013 and beyond Subscription

18 August 2013

Insight and analysis on the economic and projects outlook for the Middle East

Project Finance

Webinar: Middle East project finance outlook Subscription

17 June 2013

Market constraints to continue, with deals flowing to most stable markets in the region

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013

There are more than $220bn-worth of projects planned or under way in Qatar, as it pushes forwards with major infrastructure developments

After the Uprisings webinar

After the Uprisings: The outlook for business in the Middle East in 2013 and beyond Subscription

4 March 2013

A webinar on the region’s business environment, providing current data and exclusive expert analysis drawn from MEED’s team of experts

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Qatar Integrated Rail Project: Doha Metro: Gold Line: Tunneling Works Transport 3,300
2 Qatar Integrated Rail Project: LRT: Lusail Light Rail: Phase II Transport 2,722
3 Qatar Integrated Rail Project: Doha Metro Green Line:
Tunneling/ Main Station Works
Transport 2,520
4 Education City: Research Institute Sidra Medical & Research Center Construction 2,300
5 Qatar Integrated Rail Project: Doha Metro: Red Line North: Tunneling Works Transport 2,184
6 Barzan Gas Development: Onshore: Phase 1 Gas 1,700
7 Expressway Programme: New Orbital Highway & Truck Route (Contract 3) Transport 1,691
8 Qatar Integrated Rail Project: Doha Metro: Red Line South: Tunneling Works Transport 1,500
9 Qatar Petroleum District Construction 1,301
10 Qatar Integrated Rail Project: Light Rail Transit: Lusail Network Phase 1 Transport 1,200
10 Laffan Condensate Refinery: Phase 2 Oil 1,200
10 New Port Project: Dredging Works Construction 1,200
Click through to the full data table on Qatar's biggest projects in construction
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014; All projects are in construction

Project awards

Kindergarten schools

Ashghal awards six school contracts Subscription

26 February 2015 | By

Qatar’s Public Works Authority presses ahead with social infrastructure

Doha metro station

Qatar awards metro contract Subscription

22 February 2015 | By

Joint venture awarded project management contract for Doha Metro

Doha metro

Doha metro systems contract awarded Subscription

22 February 2015 | By

A Japanese-led consortium is set to be awarded the systems contract for the Doha Metro

Port

Qatar awards port contract Subscription

19 February 2015 | By

Chinese-led consortium awarded contract for work on Qatar’s port project

Marubeni and Degremont consortium wins Doha wastewater deal

Consortium lands Doha wastewater deal Subscription

17 December 2014 | By

Second expansion will increase capacity of Doha West plant to 280,000 cubic metres a day

Kentz wins Qatar gas-to-liquids contract

Kentz wins Qatar gas-to-liquids contract Subscription

14 December 2014 | By

Four-year contract awarded for Pearl GTL project

Doha metro train

Consortium wins Doha metro contract Subscription

9 December 2014 | By

Lotte Engineering & Construction wins Red Line North elevated works

Road

Qatar awards $1.5bn of infrastructure deals Subscription

8 December 2014 | By

Ashghal announces roads, drainage and sewage treatment contracts

Projects trends

Gulf projects index

Kuwait five-year plan boosts index

3 March 2015

Six per cent rise in Kuwait market contributes to Gulf Projects Index growth

Gulf projects index

UAE leads Gulf index decline Subscription

24 February 2015

Region’s second-biggest projects market drops by 3 per cent

Gulf projects index

Oman leads Gulf index growth Subscription

17 February 2015

UAE and Qatar only other countries to record increases in value

More Gulf Projects Index articles

People

Abdulrahman al-Suwaidi

22 February 2015

Abdulrahman al-Suwaidi is chief executive officer (CEO), Oryx GTL

Safwan Moubaydeen Subscription

28 January 2015

Safwan Moubaydeen is managing partner at Dentons in Amman, Jordan and Doha, Qatar

Hassan al-Thawadi

Hassan al-Thawadi Subscription

22 January 2015

Hassan al-Thawadi is Secretary-general, Supreme Committee for Delivery & Legacy, Qatar

Fahad Ismail Zainal Subscription

16 October 2014

Fahad Ismail Zainal is chief administration officer at Qatar Financial Centre Authority

Yousuf Mohammed al-Jaida Subscription

30 September 2014

Yousuf Mohammed al-Jaida is the deputy CEO at the Qatar Financial Centre Authority

David Dhanoo Subscription

22 September 2014

David Dhanoo is group chief legal officer and board secretary at Qatar Financial Centre Authority

More Qatar biographies

Qatar+projects Apple Android

Latest Qatar news

Pearl GTL

Pearl GTL enters planned maintenance phase Subscription

2 March 2015 | By

World’s largest gas-to-liquids plant will see capacity halved while work is carried out at Ras Laffan complex

Peak power demand growth

Mitsubishi the preferred bidder for Facility D Subscription

1 March 2015 | By

Three bidders resubmitted final offers for Qatar independent water and power project in January

Libyan prime minister Abdulla al-Thinni

Libya accuses Turkey of supplying arms to rival government Subscription

1 March 2015 | By

Internationally recognised government accuses Turkey and Qatar of supporting Tripoli-based rival

Doha Hilton Double Tree hotel complete

Doha Hilton Double Tree hotel complete Subscription

26 February 2015 | By

Local firm confirms completion of hotel project in Doha

Kindergarten schools

Ashghal awards six school contracts Subscription

26 February 2015 | By

Qatar’s Public Works Authority presses ahead with social infrastructure

Qatar's Emir Sheikh Tamim bin Hamad al-Thani (left) met US President Barack Obama in Washington on 24 February

Qatar calls for increased security cooperation with US Subscription

25 February 2015 | By

Emir warns that Middle East is near brink of collapse

Khalifa International Stadium in Qatar

Fifa officials recommend winter World Cup Subscription

24 February 2015 | By

Meetings in Qatar reviewed dates and other 2022 sporting events

Qatar to introduce labour law reforms

Qatar to introduce labour law reforms Subscription

23 February 2015 | By

Authorities discuss changes to laws and worker rights as World Cup preparations intensify

Filter Qatar news by sector


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MEED events

Qatar Projects 2015

Qatar Projects Conference 2015

Detailing the plan to deliver Qatar’s National Vision 2030, a US$200bn project

More MEED events

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