Qatar

 

Qatar 

Qatar, located in the Middle East, is a peninsula slightly smaller in area than the state of Connecticut that borders on the Persian Gulf and Saudi Arabia.  It occupies 11,586 sq. km and has a total population of 2.042 million growing at 0.81%.  Its capital and largest city, Doha, has 427,000 inhabitants.  The predominantly Muslim population is ruled by an emirate government.  The official language is Arabic, and the currency used is Qatari Riyal. 

Qatar’s economy has grown enormously despite the recent global economic downturn and has one of the world’s largest rate of growth at 6.6%.  Qatar also has the world’s highest per-capita GDP and lowest unemployment rate.  Primary trade partners include Japan, South Korea, Singapore, and India.  Rising oil prices have continued to fuel this growth, and the direct investment by the Qatari government into domestic banks has protected the banking sector.  Current economic policy in Qatar is centered around the development of natural gas resources, and efforts have been made to attract private and foreign investment for non-energy sectors in order to diversify the economy.  Currently, oil and gas account for over 50% of Qatar’s GDP and 85% of export earnings.  Qatar contains the world’s third-largest natural gas reserve, and oil reserves can sustain current output for the next 50 years.  Qatar’s successful bid to host the 2012 World Cup will most likely bring about large projects to improve infrastructure, including a causeway to connect Qatar and its neighbor Bahrain.  Click here to search for Businesses Franchising Internationally  







Demographic Data   Economic Data    Cultural & Other Data   
Area (sq. km.)   11,589  GDP (PPP, $bn)   191  Capital   Doha 
Population (million)   2.042  GDP Real Growth (%)   6.6  Other Large Cities   Al Khawr, Al Janaliyah 
Population Growth       (%)   4.19  PerCap GDP ($)   103,900  Primary Language   Arabic 
Population Under     15yrs (%)   12.5  Prime Lending               Rate (%)   5.38  Urbanization   98.8 
Population below poverty line (%)   NA  Inflation Rate%   1.9  Urban Growth        3.01 
Agricultural Workers    (% of population)   0  Unemployment%   0.5  Literacy  (population %)   96.3 
Industrial Workers     (% of population)   70  Foreign          Direct     Investment ($bn)   32.17  Education spending              % of GDP   2.5 
Service Workers        (% of population)   30  Debt-External ($bn)   134.8  CPI Score           (1-100)*   68 
Labor Force (mil)   1.43  Exports ($bn)   133.7  Corporate Income Tax %   10 
      Imports ($bn)   30.79  Ease of Doing Business Ranking **   40 

 

 

  

 

Click on the links below for articles with more information on Franchising in Qatar 

 Taking Your Brand to the Middle East 

Building Goodwill and U.S. Brand Awareness in the Middle East 

Expanding Your Brand in the Middle East: A Fresh Perspective (2012) 

 

* CPI Score is published by Transparency International and relates to the perceptions of the degree of corruption as seen by business people and country analysts and ranges between 100 (highly clean) and 0 (highly corrupt).  

**Ease of Doing Business Ranking is determined by the World Bank Group and is ranked out of a possible 185 countries. www.doingbusiness.org  

Most recent statistics have been taken from the CIA World Factbook unless noted otherwise. 

International Franchising Opportunities

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