Qatar, Middle East

Middle East

Qatar

Qatar has a population of 3mn, of whom little more than 10% are citizens. But it has leveraged gas riches to make an outsize imprint on the world stage.

Qatar

State of Play

Long the world's top LNG producer, Qatar in 2023 lost its crown to the US. But massive ongoing expansion to 126mn t/y by 2027 and 142mn t/y by 2030 will see it again challenge for top spot.

2024 In Numbers
Gas Output 206 bcm
LNG Exports 79.5 mn tons
Power Capacity 12.7 GW
Renewable Capacity 0.8 GW

Featured

Qatar Records Fourth Consecutive Budget Surplus For 2024

Despite a 16% drop in revenues, Qatar still managed to notch up a $1.6bn budget surplus for 2024. But for the year ahead, Doha forecasts its first budget deficit since 2020.

Qatar’s 2025 Budget Envisages The First Deficit Since 2020 And The Largest Since 2017 ($bn)

SELECTED DATA

Qatar Domestic Gas Consumption Has Been Below 2023 Levels Each Month This Year (bn cfd)

JavaScript chart by amCharts 3.21.15
JavaScript chart by amCharts 3.21.152024202320222021202020192018

High Spending And A Fall In Oil And Gas Revenue Has Squeezed Qatari Surpluses ($bn)

JavaScript chart by amCharts 3.21.15Oil & GasNon-Oil & GasExpenditureBalance
JavaScript chart by amCharts 3.21.15

International Arrivals In Qatar Have Surged Since The 2022 World Cup (mn)

JavaScript chart by amCharts 3.21.15

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