The State of Qatar, in just a short span of a few decades commencing in the late 20th Century, has been transformed from a small, traditional country into a modern nation, recognized as one of the world’s wealthiest and most progressive nations, due in large part to the discovery of sizeable natural gas deposits.
During the last 10 years, Qatar was one of the world’s fastest growing economies in the region. The country recorded its “fastest” GDP growth in seven years in 2022, when the gross domestic product touched $216bn. The GDP growth over the next four years has been forecasted at 2.7% in (2023), 2.9% in (2024), 3.6% in (2025) and 4.3% in (2026).The rapid modernization and achievement of the country could not have been possible without the enlightened vision and commitment of its leadership.