PESTLE Analysis of Qatar 2016, August 2016
The Qatari economy is dominated by the industrial sector, which contributed approximately 66.8% to the total GDP in 2015. Oil and gas is the major contributing 36.3% of GDP. Qatar has a new Development Plan which provides direction for prioritizing capital expenditure, encouraging private investment and creating jobs for nationals in the private sector. Qatar’s government has diversified the economy from oil sector to non-oil sector. The government has plans to invest in infrastructure, which are basically investments related to World Cup 2022. The manufacturing sector will drive the non-oil sector. The non-oil sectors such as retail sector, healthcare sector, education, residential housing, and banking and financial sector are expected to be drivers of economic growth during the forecast period. The country has huge oil reserves and the high oil revenue has spurred a boom in both oil and non-oil development projects.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Qatar and has come up with a comprehensive research report, “PESTLE Analysis of Qatar 2016.” This report provides an analysis of the Qatari economy from historical, current, and future perspectives. SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. The report also includes forecast for Qatar’s economic growth through 2021.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. Qatar is a politically stable country, which follows absolute monarchy. Qatar has 14th largest oil reserves and 3rd largest natural gas reserves in the world in 2015. Qatar has strong international assessments of the business environment. Industry is the main sector, which is driving the economic growth of Qatar. The crude oil and natural gas industry is the backbone of the Qatari economy and features world-class refining, storage, and distribution infrastructure. The country, however, is facing environmental challenges. For example, production of energy and energy-related products accounts for 79.9% of Qatar’s total CO2 emissions. Qatar is highly dependent on oil revenue, which is one of the main challenges. If oil prices go down, it directly affects the country’s GDP. Another challenge for Qatar’s currency the riyal is pegged to the US dollar, limiting the use of monetary policy as a tool during variations in the business cycle.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Qatar and has come up with a comprehensive research report, “PESTLE Analysis of Qatar 2016.” This report provides an analysis of the Qatari economy from historical, current, and future perspectives. SWOT analysis, forecast, scenario analysis, and risk analysis of Qatar is also included in the report. The report also includes forecast for Qatar’s economic growth through 2021.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. Qatar is a politically stable country, which follows absolute monarchy. Qatar has 14th largest oil reserves and 3rd largest natural gas reserves in the world in 2015. Qatar has strong international assessments of the business environment. Industry is the main sector, which is driving the economic growth of Qatar. The crude oil and natural gas industry is the backbone of the Qatari economy and features world-class refining, storage, and distribution infrastructure. The country, however, is facing environmental challenges. For example, production of energy and energy-related products accounts for 79.9% of Qatar’s total CO2 emissions. Qatar is highly dependent on oil revenue, which is one of the main challenges. If oil prices go down, it directly affects the country’s GDP. Another challenge for Qatar’s currency the riyal is pegged to the US dollar, limiting the use of monetary policy as a tool during variations in the business cycle.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
1. EXECUTIVE SUMMARY
2. QATAR’S POLITICAL ANALYSIS
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda – Reforms and Future Plans
3. QATAR’S ECONOMIC ANALYSIS
3.1: Sectoral Contribution to GDP and GDP Growth Rate
3.2: Macroeconomic Forecast and Scenario Analysis (2016-2021)
3.3: Pricing Trends-Inflation and Interest Rates
3.4: Consumption, Saving, and Investment Trends
3.5: International Trade and Its Contribution to GDP
3.6: Foreign Direct Investment by Industry
4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in Current Account Balance
4.2: Terms of Trade in Qatar
4.3: Risk in Balance of Payment (BOP)
4.4: Risk in Fiscal Balance
4.5: Risk in External Sector
4.5.1: External Debt and Default Risk
4.5.2: Risk in Foreign Exchange Reserves and Exchange Rate
4.6: Credit Rating of Countries
5. QATAR’S SOCIAL ANALYSIS
5.1: Social and Demographic Analysis
5.2: Labor Market
5.3: Importance of Culture in Qatar
5.4: Social Development Index
6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
6.1: R&D Expenditure in Qatar
6.2: Impact of Technology in Industry
6.3: Technology Policy
7. QATAR’S LEGAL ANALYSIS
7.1: Company Law
7.2: Labor Law
7.3: Tax Law
7.4: Recent Economic Policies
7.5: Doing Business in Qatar 2016
8. QATAR’S ENVIRONMENTAL ANALYSIS
8.1: Environmental Policy
8.2: Legislations for the National Disasters in Qatar
9. SWOT ANALYSIS – SEARCH OF POTENTIAL OPPORTUNITIES IN QATAR
2. QATAR’S POLITICAL ANALYSIS
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda – Reforms and Future Plans
3. QATAR’S ECONOMIC ANALYSIS
3.1: Sectoral Contribution to GDP and GDP Growth Rate
3.2: Macroeconomic Forecast and Scenario Analysis (2016-2021)
3.3: Pricing Trends-Inflation and Interest Rates
3.4: Consumption, Saving, and Investment Trends
3.5: International Trade and Its Contribution to GDP
3.6: Foreign Direct Investment by Industry
4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in Current Account Balance
4.2: Terms of Trade in Qatar
4.3: Risk in Balance of Payment (BOP)
4.4: Risk in Fiscal Balance
4.5: Risk in External Sector
4.5.1: External Debt and Default Risk
4.5.2: Risk in Foreign Exchange Reserves and Exchange Rate
4.6: Credit Rating of Countries
5. QATAR’S SOCIAL ANALYSIS
5.1: Social and Demographic Analysis
5.2: Labor Market
5.3: Importance of Culture in Qatar
5.4: Social Development Index
6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
6.1: R&D Expenditure in Qatar
6.2: Impact of Technology in Industry
6.3: Technology Policy
7. QATAR’S LEGAL ANALYSIS
7.1: Company Law
7.2: Labor Law
7.3: Tax Law
7.4: Recent Economic Policies
7.5: Doing Business in Qatar 2016
8. QATAR’S ENVIRONMENTAL ANALYSIS
8.1: Environmental Policy
8.2: Legislations for the National Disasters in Qatar
9. SWOT ANALYSIS – SEARCH OF POTENTIAL OPPORTUNITIES IN QATAR
LIST OF FIGURES
CHAPTER 3. QATAR’S ECONOMIC ANALYSIS
Figure 3.1: Economic Scenario of Major Countries in 2015
Figure 3.2: Trends of the Real GDP Growth Rate
Figure 3.3: Scenario Analysis of GDP Forecast
Figure 3.4: Trends of the Per Capita Income
Figure 3.5: Sectoral Contribution to GDP in 2015
Figure 3.6: Share of Different Sectors as Percentage of GDP in 2015
Figure 3.7: Annual Trends of Inflation and Interest Rates
Figure 3.8: Quarterly Inflation Rate of Qatar
Figure 3.9: Quarterly Interest Rate of Qatar
Figure 3.10: Trends of Savings and Investments as Percentage of GDP
Figure 3.11: Trends of Consumption Expenditure as Percentage of GDP
Figure 3.12: Trends of International Trade Structure
Figure 3.13: Qatar’s Exports by Commodity in 2010
Figure 3.14: Qatar’s Exports by Commodity in 2015
Figure 3.15: Qatar’s Imports by Commodity in 2010
Figure 3.16: Qatar’s Imports by Commodity in 2015
Figure 3.17: Qatar’s Exports by Country in 2010
Figure 3.18: Qatar’s Exports by Country in 2015
Figure 3.19: Qatar’s Imports by Country in 2010
Figure 3.20: Qatar’s Imports by Country in 2015
Figure 3.21: Trends of Exports and Imports as Percentage of GDP
Figure 3.22: Trends of FDI in Qatar
CHAPTER 4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
Figure 4.1: Trends of Current Account Balance and Percentage of GDP
Figure 4.2: Terms of Trade in Qatar
Figure 4.3: Trends of Balance of Payment
Figure 4.4: Trends of Government Revenue and Expenditure as Percentage of GDP
Figure 4.5: Trends of Fiscal Balance as Percentage of GDP
Figure 4.6: Trends of Gross Government Debt as Percentage of GDP
Figure 4.7: Trends of Foreign Exchange Reserves and Exchange Rate
CHAPTER 5. QATAR’S SOCIAL ANALYSIS
Figure 5.1: Political Map of Qatar
Figure 5.2: Trends of Population and Population Growth Rate
Figure 5.3: Population Age Structure
Figure 5.4: Trends of the Unemployment Rate
CHAPTER 6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
Figure 6.1: Trends of R&D Expenditure in Qatar
CHAPTER 3. QATAR’S ECONOMIC ANALYSIS
Figure 3.1: Economic Scenario of Major Countries in 2015
Figure 3.2: Trends of the Real GDP Growth Rate
Figure 3.3: Scenario Analysis of GDP Forecast
Figure 3.4: Trends of the Per Capita Income
Figure 3.5: Sectoral Contribution to GDP in 2015
Figure 3.6: Share of Different Sectors as Percentage of GDP in 2015
Figure 3.7: Annual Trends of Inflation and Interest Rates
Figure 3.8: Quarterly Inflation Rate of Qatar
Figure 3.9: Quarterly Interest Rate of Qatar
Figure 3.10: Trends of Savings and Investments as Percentage of GDP
Figure 3.11: Trends of Consumption Expenditure as Percentage of GDP
Figure 3.12: Trends of International Trade Structure
Figure 3.13: Qatar’s Exports by Commodity in 2010
Figure 3.14: Qatar’s Exports by Commodity in 2015
Figure 3.15: Qatar’s Imports by Commodity in 2010
Figure 3.16: Qatar’s Imports by Commodity in 2015
Figure 3.17: Qatar’s Exports by Country in 2010
Figure 3.18: Qatar’s Exports by Country in 2015
Figure 3.19: Qatar’s Imports by Country in 2010
Figure 3.20: Qatar’s Imports by Country in 2015
Figure 3.21: Trends of Exports and Imports as Percentage of GDP
Figure 3.22: Trends of FDI in Qatar
CHAPTER 4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
Figure 4.1: Trends of Current Account Balance and Percentage of GDP
Figure 4.2: Terms of Trade in Qatar
Figure 4.3: Trends of Balance of Payment
Figure 4.4: Trends of Government Revenue and Expenditure as Percentage of GDP
Figure 4.5: Trends of Fiscal Balance as Percentage of GDP
Figure 4.6: Trends of Gross Government Debt as Percentage of GDP
Figure 4.7: Trends of Foreign Exchange Reserves and Exchange Rate
CHAPTER 5. QATAR’S SOCIAL ANALYSIS
Figure 5.1: Political Map of Qatar
Figure 5.2: Trends of Population and Population Growth Rate
Figure 5.3: Population Age Structure
Figure 5.4: Trends of the Unemployment Rate
CHAPTER 6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
Figure 6.1: Trends of R&D Expenditure in Qatar
LIST OF TABLES
CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors Affecting Business in Qatar
CHAPTER 2. QATAR’S POLITICAL ANALYSIS
Table 2.1: Political Factors and Their Impact on Business
CHAPTER 3. QATAR’S ECONOMIC ANALYSIS
Table 3.1: Factors Affecting Industry Growth
Table 3.2: Economic Factors and Their Impact on Business
CHAPTER 4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Table 4.2: Economic Risk Factors and Their Impact on Business
CHAPTER 5. QATAR’S SOCIAL ANALYSIS
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social Factors and Their Impact on Business
CHAPTER 6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
Table 6.1: Technological Factor and Their Impact on Business
CHAPTER 7. QATAR’S LEGAL ANALYSIS
Table 7.1: Indicators for Starting a Business
Table 7.2: Ranking in 2016 for Ease of Doing Business
Table 7.3: Legal Factors and Their Impact on Business
CHAPTER 8. QATAR’S ENVIRONMENTAL ANALYSIS
Table 8.1: GCC Country World Risk Index
Table 8.2: Environmental Factors and Their Impact on Business
CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors Affecting Business in Qatar
CHAPTER 2. QATAR’S POLITICAL ANALYSIS
Table 2.1: Political Factors and Their Impact on Business
CHAPTER 3. QATAR’S ECONOMIC ANALYSIS
Table 3.1: Factors Affecting Industry Growth
Table 3.2: Economic Factors and Their Impact on Business
CHAPTER 4. QATAR’S ECONOMIC AND BUSINESS RISK ANALYSIS
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Table 4.2: Economic Risk Factors and Their Impact on Business
CHAPTER 5. QATAR’S SOCIAL ANALYSIS
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social Factors and Their Impact on Business
CHAPTER 6. QATAR’S R&D AND TECHNOLOGICAL FACTORS
Table 6.1: Technological Factor and Their Impact on Business
CHAPTER 7. QATAR’S LEGAL ANALYSIS
Table 7.1: Indicators for Starting a Business
Table 7.2: Ranking in 2016 for Ease of Doing Business
Table 7.3: Legal Factors and Their Impact on Business
CHAPTER 8. QATAR’S ENVIRONMENTAL ANALYSIS
Table 8.1: GCC Country World Risk Index
Table 8.2: Environmental Factors and Their Impact on Business