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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

New Page 1
Iran 2008 2009 2010 2011 2012f 2013f 2014f
Nominal GDP ($bn) 115.3 97.8 125.1 171.5 192.4 202.6 213.8
GDP per capita ($) 74.189 59.935 76.413 100.410 104.756 100.260 96.635
Real GDP growth (annual change, %) 17.7 12 16.7 13.0 6.2 6.1 5.9
Government revenue (% of GDP) 35.0 44.5 31.4 34.6 40.1 41.5 38.8
Government total expenditure (% of GDP) 24.8 32.2 28.9 28.2 30.6 30.4 31.2
Total government debt (gross, % of GDP) 10.3 33.6 29.2 32.3 35.4 34.2 25.4
Current account balance (% of GDP) 23.1 6.5 19.0 30.3 32.4 29.2 25.4
Value of oil imports 0 0 0 0 0 0 0
Value of oil & gas exports 61.7 42.3 72.6 105.5 108.7 106.9 102.6
Inflation (%) 15.2 -4.9 -2.4 1.9 1.9 3.1 3.6
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=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

MEED comment

Qatar World Cup: Designs for Lusail Stadium - side view

Qatar World Cup doubts wiped away

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

Doha

Stadiums are the new focus in Qatar Subscription

8 May 2014 | By

Contractors are now turning their attention to the 2022 World Cup stadium projects, although details of upcoming projects are still unclear

Qatar World Cup

Qatar stadium doubts surface again Subscription

24 April 2014 | By

Doha’s plan to review the number of stadiums it will build has raised doubts about the credibility of its bid

Markets and bonds

Bonds market gains maturity Subscription

10 April 2014

An increasingly diverse base of issuers, driven by strong economic growth is helping to deepen the region’s capital markets

Gasification at Jizan

Higher bid prices return to the GCC Subscription

10 April 2014

European firms have been winning work again for a couple of years now, beating South Korean competition

Rail

Next hurdle for key rail market Subscription

27 March 2014 | By

While billions of dollars are being invested in rail infrastructure in Saudi Arabia, it still faces a challenge in attracting the necessary expertise

Sheikh Tamim bin Hamad al-Thani, Emir, Qatar

Dispute threatens GCC joint initiatives Subscription

25 March 2014

GCC leaders will be aware that all sides will be losers if the diplomatic dispute is allowed to escalate into a broader crisis

Regional metro schemes

New players to fill metro void Subscription

20 March 2014

With the region’s metro boom gathering pace, competition for resources is also mounting

More MEED commentary

Qatar trends

GCC banking sector asset growth 2013

Positive outlook for Qatar banks Subscription

27 November 2014 | By James Gavin

As the government infrastructure spending programme picks up pace, local banks are set to benefit from increased lending opportunities to the public and private sectors

Doha

Commercial Bank of Qatar talks success overseas Subscription

26 November 2014 | 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

The Qatari market has not been particularly successful at attracting new listings in recent times

Upgrade fails to deliver upsurge in trading in Qatar Subscription

26 November 2014 | By

Despite its promotion from frontier to emerging market status, activity on the Qatar Exchange is still more muted than in other bourses in the region

Islamic banking assets and Qatar banking sector assets

Qatar's Islamic banking sector primed for growth Subscription

24 November 2014 | By

After a slow 2013, the Islamic banking sector in Qatar has entered a new phase of growth, with institutions benefiting from government spending on infrastructure schemes

Saad al-Muhannadi, president of Qatar Foundation

Interview: Qatar Foundation's president on the plan for the next 20 years Subscription

19 November 2014 | By

The organisation is reviewing its achievements after two decades of rapid expansion, says its president, Saad al-Muhannadi

Qatar: A section of a tunnel boring machine arrives

Tunnel borers arrive in Qatar Subscription

19 November 2014 | By Bernadette Ballantyne

With 21 tunnel boring machines set to operate simultaneously beneath the streets of Doha, the first challenge has been to deliver them safely to Qatar

Saudi oil production and brent crude price

Riyadh in strong position ahead of Opec meeting Subscription

18 November 2014 | By

Saudi Arabia showing no signs of cutting oil production despite falling prices

Energy use by Mena cities 2010

Mixed response to green building Subscription

13 November 2014 | By Paul Melly

Only some countries in the region have developed sustainability ratings for projects that seek to go beyond energy conservation and look at resource use and environmental impact

Hi-tech: The Passivhaus features many environmentally friendly technologies

Doha Passivhaus sets green building standard Subscription

5 November 2014 | By Paul Melly

An environmentally friendly villa built as a pilot scheme in Qatar is setting a precedent in the GCC green building industry

Qatar Energy MEED List Subscription

4 November 2014

Six key individuals instrumental in shaping Qatar’s energy sector

Filter Qatar analysis by sector

Special reports

Banking

Qatar banking: State spending boosts banking sector

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

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

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

SR Cover Riding the Boom

Construction: Middle East rides the new projects boom Subscription

21 November 2013

Transport awards, particularly metro schemes, are driving a construction rebound across the region

Qatar

Qatar: New emir resets Doha's strategic focus Subscription

19 September 2013

An immediate challenge for Doha is to convince Fifa that the 2022 World Cup in Qatar is still viable

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

Wastewater

Webinar: Project opportunities in GCC wastewater Subscription

15 May 2012

Join MEED for an exclusive online seminar looking at the Gulf wastewater sector

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

Local contractors win New Doha Port deal

Local contractors win New Doha Port deal Subscription

17 November 2014 | By

Firms will build customs area and associated infrastructure

Qatar awards mega reservoirs contracts

Qatar awards mega reservoirs contracts Subscription

22 October 2014 | By ,

Work involves building pipelines that will link reservoirs and new desalination scheme with water network

Rig

Gulf Drilling International wins $1.4bn rig deals in Qatar Subscription

9 September 2014 | By

Qatar Petroleum awards contracts on four new rigs and extensions on four existing rigs

Metro

Joint venture wins more work on Doha Metro Subscription

25 August 2014 | By

Team secures contract for elevated sections of railway

Sharjah in the UAE

Dolphin Energy plans gas pipeline to supply Sharjah Subscription

7 August 2014 | By

UAE group awards design deal to ILF Consulting Engineers and invites prequalification

Atkins wins more Doha Metro design work

Atkins wins more Doha Metro design work Subscription

30 July 2014 | By

Firm appointed as lead designer for Gold Line

Qatar water customers

French firm to supply pipes for Qatar mega reservoirs Subscription

30 July 2014 | By

Local company installing pipelines as part of strategic water scheme

Midmac and CCC take over Qatar Sidra Medical and Research Centre work

Midmac and CCC take over Qatar hospital work Subscription

27 July 2014 | By

Joint venture replaces team of OHL and Contrack for work on Sidra Medical and Research Centre

Projects trends

Gulf projects index

Qatar and UAE buoy Gulf index Subscription

27 November 2014

All other Gulf countries except Oman record declines in value

Gulf projects index

Kuwait expansion lifts Gulf index Subscription

20 November 2014

Oman and Bahrain also record significant growth in value of projects markets

Gulf projects index

Gulf projects market remains flat Subscription

13 November 2014

Gains by Oman and Kuwait cancelled out by losses in Iraq and Iran

More Gulf Projects Index articles

People

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

Sheikh Salman bin Hassan al-Thani Subscription

22 September 2014

Sheikh Salman bin Hassan al-Thani is chief financial officer and director of tax at Qatar Financial Centre Authority

Tom Petter Johansen Subscription

16 September 2014

Tom Petter Johansen is CEO at Qatar Aluminium Limited

Khalid Mohamed Sultan Laram Subscription

16 September 2014

Khalid Mohamed Sultan Laram is deputy chief executive officer at Qatalum Aluminium Limited

More Qatar biographies

Latest Qatar news

Qatar National Bank is set to acquire more stakes in banks around the world in the coming years

QNB eyes further international expansion Subscription

26 November 2014 | By

Bank acquired stake in African financial institution in September

Qatar export markets

Qatar central bank governor eyes stronger ties with China Subscription

26 November 2014 | By

Doha wants to lead Gulf in renminbi settlement

 given the rising volumes of passengers travelling on the Dubai Metro, the region is beginning to establish a track record that lenders and bankers could use to predict whether project finance debts can be repaid

The Middle East in 2030 Subscription

25 November 2014 | By

Take part in MEED’s survey to identify the key trends that will shape the Middle East economy in 2030

Qatar real estate

Faithful+Gould wins real Qatar real estate contract Subscription

25 November 2014 | By

UK consultant will provide project management services for large mixed-use development

Qatar will be focusing on investment in its health, education and transport sectors as the country pushes forward with its Vision 2030 plans

Qatar targets health, education and transport Subscription

25 November 2014 | By

Finance minister calls for more participation by private sector

Qatari telecoms company Ooredoo is building up its mobile banking capabilities

Ooredoo targets mobile banking growth Subscription

25 November 2014 | By

Data services driving revenues for Qatari telecoms firm

Mohammed bin Saleh al-Sada

Falling oil price could hit GCC petrochemicals says Qatar energy minister Subscription

24 November 2014 | By

Downstream economics are expected to be ‘re-examined and re-assessed’, says Qatar Energy & Industry Minister Mohammed bin Saleh al-Sada

Oil production

Qatar cuts crude production Subscription

18 November 2014 | By

Qatar output expected to be 500,000 barrels a day by end of November

Filter Qatar news by sector

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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