Qatar is the 1st in the Index of Economic Development & Growth

  • Doha, State of Qatar
  • 15 May 2020
1

Qatar ranked first in the economic development and growth index included in the report issued by the World Economic Forum.

In the past twelve months, Qatar has made significant progress in the transition to clean energy, advancing at eleven points in the World Economic Forum's report on energy transformation. The index of infrastructure and innovative business environment witnessed an average increase of five points, to occupy the nineteenth place in the world. As for the energy security and accessibility index, it witnessed a huge jump of eighteen points. Qatar ranked sixth globally in the human capital index and consumer participation, to be within the top ten in two of the report's indicators.

This report is based on insights derived from the Eti 2020 Energy Transformation Index, which measures the performance of 115 economies in terms of their current performance in energy systems across the areas of economic development and growth, environmental sustainability, energy security, access and readiness indicators for transition to safe, affordable, and comprehensive sustainable energy systems.

According to the report, Qatar's top global ranking in the economic development and growth index is evidence of the strong role that the energy sector plays in the Qatari economy. The report's findings also indicate that security and affordability are among the main strengths of the energy sector in Qatar.

Source (Al-Raya Newspaper-Qatar, Edited)