Qatar tops Arab economies competitiveness indicators

  • Doha, State of Qatar
  • 27 March 2023
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According to the Arab Monetary Fund, Qatar topped the competitiveness indicators of Arab economies, especially in the macroeconomic indicators, and the environment and attractiveness of investment during 2022, where Doha ranked second in the environment and investment attractiveness index, and Saudi Arabia, Kuwait, Oman, and Bahrain came in third, fourth, fifth and sixth place, respectively.

Qatar ranked first in the real sector index at the level of Arab countries, while Bahrain ranked second at the level of Arab countries, benefiting from obtaining advanced positions in indicators of inflation, unemployment, and the ratio of manufacturing industries to GDP. While the UAE ranked third at the level of Arab countries, benefiting from obtaining an advanced position in the indicators of unemployment, inflation, and per capita GDP.

Qatar ranked second at the level of Arab countries in the economic freedom index, and fourth at the level of the group as a whole, benefiting from obtaining a third place in the tax burden index and advanced positions in the property rights index. While Kuwait ranked third at the level of Arab countries, for obtaining an advanced position in some sub-indicators.

In terms of the investment environment and attractiveness, Qatar, Oman, Bahrain, and Saudi Arabia ranked second, third, fourth, and fifth respectively.

Source (Al-Raya Qatari Newspaper, Edited)