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FINANCIAL NEWS
Qatar’s consumption will grow to 39.6 percent
13 Feb 2016
(MENAFN) Qatar’s investments of its GDP increased to 39.6 percent in Q2 last year from 32.4 percent in 2014 on stable government capital spending.
Moreover, the nation’s consumption grew to 20.8 percent of GDP in Q2 of 2015 from 14.8 percent of GDP in 2014, while imports increased at 36.1 percent.
Accordingly, the share of private consumption and investment will increase on high population growth and strong government investments.
“We expect Qatar’s on-going investment program to continue to attract expatriates, resulting in overall population growth of 4.1 percent in 2016,” said QNB analysts.
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