Qatar’s public debt to GDP to fall continually until 2026: FocusEconomics

Qatar’s public debt to GDP to fall continually until 2026: FocusEconomics

* The country’s GDP has been estimated to grow from $187bn this year to $223bn in 2026, the researcher says

Qatar’s public debt in relation to the country’s GDP will fall continually until 2026, according to researcher FocusEconomics.

The public debt (as a percentage of country’s GDP) will be 54% this year, 53.1 (2023), 51.2 (2024), 48.8 (2025) and 46.5 (2026).

The fiscal balance (as a percentage of country’s GDP) will be 4.8 this year, 2.7 (2023), 2.6 (2024), 3.4 (2025) and 4.3 (2026).

Qatar’s current account balance (as a percentage of country’s GDP) has been forecast at 8.9 this year, 6.6 (2023), 6.3 (2024), 8 (2025) and 9.6 (2026).

FocusEconomics estimates Qatar’s merchandise trade balance at $54.3bn this year, $51.9bn (2023), $53.2bn (2024), $57.9bn (2025) and $66.9bn (2026).

The country’s GDP has been estimated to grow from $187bn this year to $223bn in 2026. Next year, it is projected at $187bn, $197bn (2024) and $210bn (2025).

Qatar’s GDP per capita has been estimated at $66,880 in 2022, $65,535 (2023), $67,767 (2024), $70,874 (2025) and $73,838 (2026).

The unemployment will remain at a meagre 0.2% (of active population) until 2026.

While Qatar’s non-energy sector grew solidly amid the rollback of Covid-19 restrictions, energy activity contracted somewhat, FocusEconomics