Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Middle EastMay 31 2023

Qatar’s growth set to ease after strong World Cup year

While the impact of higher gas prices is set to ease in the short term, expansion of the North Field LNG project will underpin economic growth in the coming years, writes James King.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Qatar’s growth set to ease after strong World Cup year Cup winners: in 2022, Qatar’s economy expanded by 4.8%. Image: Getty Images

The winds of fortune are blowing favourably for Qatar’s economy. Demand for the country’s key commodity, natural gas, is soaring as Russia’s invasion of Ukraine reshapes the global energy market.

The success of the 2022 Fifa World Cup in Doha has pushed tourism and non-oil economic activity to new highs, just as easing political tensions in the region are opening up new opportunities for Qatari businesses.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial