Lucintel “PESTLE Analysis of Qatar 2013”: Economy to Witness High Growth and Reach $275 Billion by 2018
Irving, TX, September 15, 2013 --(PR.com
)-- The overly hydrocarbons-reliant economy of Qatar is likely to experience high growth and reach $275.5 billion at the current price by 2018.The Government’s goal to transform Qatar from a carbon-based economy to a knowledge-based one by increasing investments in service sector is expected to offer immense opportunities for investment and growth. Development of international airport, rail, road and other infrastructure projects, housing and real estate, health and sanitation projects is expected over the next decade in Qatar.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the political, economic, social, technological, legal, and environmental risks of the country and presents its findings in “PESTLE Analysis of Qatar 2013.” This report gives the insightful SWOT analysis of Qatar, thus helping the investors to easily understand the strengths, weakness, opportunities, and threats of Qatar economy.
Mining and quarrying, financial services, and retail and manufacturing are the leading industries in the economy. Oil and gas reserves and high per capita income are the driving factors for these sectors. The country’s young population is 56.9% of total population which leads to higher domestic demand. Qatar is a consumption-based economy. Increasing per capita GDP and higher disposable income will lead to higher domestic demand. Qatar is having stability in government in comparison to other Middle East countries and follows the system of absolute monarchy.
As per the study, the terms of trade are more than 100% in Qatar, which indicates that the country’s exports are more than imports it means that more capital is coming in by exports than going out through imports. This has and will continue to have a positive impact on the current account balance of the country.
This report analyzes the impact of different macroeconomic indicators of the country on different industries. This also includes the impact of socio-political and demographical changes on different industries in that country. This report analyzes domestic and external economic trends, government policies, technological changes and their impact on different industries. In the current economic scenario of the country, real estate, finance and insurance, accommodation, and food industry are likely to be most affected.
This report provides an overview of the global pharmaceutical industry. For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.