Qatar Country Snapshot


EIU

Qatar - Economist Intelligence Unit - The Economist

DOMESTIC POLITICS: The Economist Intelligence Unit expects Qatar to remain stable and secure under the rule of the emir in 2010-11. His rule and economic policies will continue to generate little opposition, largely because the government has ensured that Qatari citizens have benefitted from the wealth that the country has generated over the past decade. An electoral law was passed in May 2008 that settled a number of disputes about the franchise and paved the way for the creation of a two-thirds elected Advisory Council with limited legislative powers, although the term of the current (fully appointed) Council was subsequently extended until mid-2010. The Council's term could conceivable be extended once again, but even if an election is held, the ruling family will maintain its hegemony over policymaking because of the limited powers granted to the Council by the 2005 constitution.

Country Forecast Overview (3 Year)
Key Indicators 2008 2009 2010
Real GDP Growth (%) -2.40 2.00 16.60
Consumer Price Inflation (av;%) 15.16 -3.90 3.20
Budget Balance (% of GDP) 11.20 3.70 8.30
Current-Account Balance (% of GDP) 15.01 4.20 17.00
Exchange Rate US$:Euro (av) 3.64 3.64 3.64
Exchange Rate US$:Euro(year-end) 3.64 3.64 3.64

Qatar GDP PPP & GDP Growth Rates
2004 - 2008
Qatar GDP Growth Rate Chart

Year GDP in Billions of USD PPP % GDP Growth
2004 51.40 13.20
2005 56.35 -9.35
2006 65.30 -4.48
2007 78.81 -0.50
2008 91.30 -2.40
Source: EIU Country Data

Qatar: risk assessment
Risk October 2009
Sovereign risk A
Currency risk BBB
Banking sector risk BBB
Political risk BBB
Economic structure risk A
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