Today: November 27, 2015, 4:29 pm

Qatar's short-term political risk profile remains one of the most stable in the region in 2013
Qatar Business Forecast Report Q1 2014 - a new country guide report on 2014-03-17 07:19:03
Qatar´s short-term political risk profile remains among the most stable in the region. Despite enjoying little in the way of democratic freedom, Qataris benefit from massive hydrocarbon wealth which is spread generously across the country´s native population and enjoy the highest per capita GDP in the world. A small population - and one without much inclination to protest against the government - will keep the country insulated from large-scale public unrest in the immediate term.

Sheikh Tamim bin Hamad Al Thani became the new ruler of Qatar in June 2013, in a peaceful handover from his father, Sheikh Hamad bin Khalifa. The 33-year-old Emir´s first public address and the composition of his new cabinet suggest that policy continuity will be the order of the day, in line with our view.

Qatar´s economic growth will be largely driven by the non-hydrocarbon sector over 2014, with expanding domestic consumption and progress on infrastructure investments fuelling economic activity. However, weaker performance in the hydrocarbon sector will drag down overall growth, and we expect Qatar´s real GDP to expand by 5.4% in 2014, down from 6.2% in 2012 and an estimated 5.7% in 2013.

We project average consumer price inflation in Qatar to rise to 4.0% in 2014, up from 1.9% in 2012 and our forecast of 3.5% for 2013.

Rising rental rates will continue to constitute the main inflationary force, on the back of a sharply growing population and an undersupply of affordable housing.

Given the economy´s heavy reliance on the hydrocarbon sector, a pronounced global economic downturn – if it were to translate into a sustained drop-off in demand for oil and gas – could impact negatively on our forecasts for Qatar´s external account position, budget and growth outlook. That said, we highlight that the country´s US$115bn sovereign wealth fund – as well as its continuing ability to tap into international debt markets – provides the economy with significant bulwarks against these risks.

The Qatari government´s increasingly assertive foreign policy raises some risks in relation to the outlook for regional political stability.

In particular, we highlight the potential for the country´s foreign policy to provoke a backlash in the region and the danger that the government could become bogged down in a drawn-out conflict in the Middle East.

Click for report details: ..

Browse all All Sectors Country Guide Reports ..

Browse all All Sectors Company Profile Reports ..

Browse all Latest Country Guide Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 583 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.