Qatar's bright business outlook and competitive advantage
By the end of 2024, Qatar’s population was estimated at approximately 3.2mn, a young and highly literate population, with an average age of 32 years supported by a healthy annual growth rate and strong economic fundamentals.Qatar is widely recognised for posting consistently strong economic performance. The country is witnessing rapid developments across the infrastructure, logistics, tourism, and sports sectors, positioning it as a leading regional hub among the Gulf Co-operation Council (GCC) states for major events and investments.Qatar offers visa free entry to GCC passport holders, in addition to nationals of 101 countries getting visa-free entry and 95 countries obtaining visa on arrival.Qatar offers world-leading aviation connectivity, positioning the country and the region as a significant global transit hub.Qatar Airways operates from the Hamad International Airport in Doha, repeatedly ranked among the world’s best. The national carrier flies to over 182 destinations across the world, significantly increasing global visibility and accessibility to the country as well as the region to support tourism, trade, logistics and sports events.Qatar positive factors include:High human development: Qatar consistently ranks in the “very high” category of the Human Development Index (HDI), placing it among the top global performers in education, healthcare, and overall quality of life.Strategic energy leadership: Qatar holds one of the world’s largest natural gas reserves and is a leading exporter of liquefied natural gas (LNG), giving it significant influence in the global energy markets and ensuring long-term economic stability.Flourishing tourism: Qatar has consistently demonstrated unmatched capability to organise mega events such as the FIFA World Cup 2022, World Aquatics competitions, ATP tennis tournaments, Formula 1, World Athletics Championships, World Gymnastics Championships, and the Asian Games 2006. It strengthens Qatar’s global soft power and boosts tourism.Strong social stability and safety: Qatar is consistently ranked as one of the safest countries in the world. Qatar’s stability, secure environment, and modern infrastructure attract families, investors, multinational companies, and international organisations to visit or move to Qatar.Qatar is located in the GCC region. The GCC – consisting of Saudi Arabia, Qatar, United Arab Emirates, Kuwait, Oman and Bahrain – is a regional political and economic alliance established in 1981 to foster collaboration, stability, and shared development.At the last GCC Heads of States Summit held in Bahrain on December 3, the leaders confirmed their support for Qatar’s bid for the 2036 Olympic Games.