Qatar’s growing economy – The Peninsula Qatar

  • Date: 15-Jan-2022
  • Source: The Peninsula Qatar
  • Sector:Economy
  • Country:Qatar
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Qatar’s growing economy – The Peninsula Qatar

Qatar's economy is expected to continue its growth momentum in the current year, despite challenges created by the COVID-19 pandemic. Several global organisations expect Qatar’s economy to grow by more than 2 percent in 2021 according to the latest Qatar Economic Outlook Report 2021-2023.

The consensus forecasts by a number of international institutions, organizations, and banks showed that the Qatari economy will undergo recovery during 2021 and 2022, with a predicted average growth rate of about 2.8 percent and 3.7 percent, respectively.