Qatar Economy Infographic 2016: Forward Looking
28 Jul 2016
Recent efforts by the Qatari government to diversify the economy have paid off in terms of helping the country weather the recent downturn in global oil and gas prices.
- Economy: A Welcome Buffer - The non-hydrocarbons sector has remained robust in recent years, allowing Qatar to sustain strong economic growth.
- Construction: Strong Growth - Significant infrastructure expansion projects and major real estate developments have been a boon to the construction industry.
- Tourism: Qatar-Bound - Tourism has been identified as a priority growth sector, and recent government initiatives have seen hotel capacity, visitor attractions and connectivity improve.
- Banking: Credit on the Rise - Along with many of Qatar’s other non-hydrocarbons industries, the financial services sector has seen higher activity.