Qatar among top ten countries worldwide in Global Competitiveness Report 2025
DOHA: The National Planning Council (NPC) announced that the State of Qatar has made remarkable progress in its development journey by ranking 9th globally in the 2025 Global Competitiveness Report, issued by the International Institute for Management Development (IMD).
This marks the first time Qatar enters the top ten countries in the global competitiveness ranking. This achievement reflects Qatar's well-established position in economic and administrative performance indicators and reaffirms the effectiveness of its long-term national policies in implementing the Third National Development Strategy and achieving Qatar National Vision 2030.
The Council indicated in its statement that the Global Competitiveness Report assesses the performance of 67 economies across more than 330 indicators covering four main themes: economic performance, government efficiency, business efficiency, and infrastructure. Qatar has made significant progress in overall ranking, rising from 11th in 2024 to 9th in 2025.
A key driver of this advancement was Qatar's leap in the business efficiency axis, from 11th place in 2024 to 5th in 2025, reflecting ongoing reforms to enhance labor market flexibility, stimulate entrepreneurship, and empower the private sector. Qatar also maintained its 7th place globally in both economic performance and government efficiency, highlighting the resilience of its fiscal policy, the efficiency of public institutions and the quality of governance, especially in light of the current global economic challenges.
In the infrastructure axis, Qatar moved up three ranks, indicating continued strategic investment in the sectors of transport, education, healthcare and digital infrastructure.
Commenting on this achievement, Secretary-General of the National Planning Council Dr Abdulaziz bin Nasser bin Mubarak Al Khalifa said, "Qatar's entry into the top ten globally in the competitiveness Report is a true testament to the clarity of our strategic vision, the solidity of our institutions, and the cohesion of our national efforts. This progress underscores the country's firm commitment to building a dynamic knowledge - and innovation-based economy, that offers fair and sustainable opportunities for all."
"We continue to implement the Third National Development Strategy in alignment with Qatar National Vision 2030, while focusing on enhancing competitiveness, achieving sustainable development, and improving the quality of life for the entire population," he noted.
The report pointed out that Qatar recorded a significant improvement in several key indicators, where real GDP growth increased by 2.4 percent, real GDP per capita increased by 0.82 percent. Additionally, the Consumer Price Index (CPI) recorded a modest 1.07 percent year-on-year increase, while the homicide rate dropped to 0.07 cases per 100,000 people, the lowest globally.
Moreover, Qatar ranked first globally in 14 sub-indicators in the report, including youth unemployment rate, overall unemployment rate, consumption tax rate, individual income tax rate, homicide rate, human capital from expatriate labor, use of big data and analytics, effectiveness of corporate boards, banking and financial services, credit availability, perceived need for economic and social reforms, environmental legislation, financing of technological development, and healthcare infrastructure. Qatar also ranked second in several other sub-indicators, reinforcing its leading position in various aspects of competitiveness.
This progress yields tangible benefits for individuals and businesses alike. Qatar's high ranking in global indices boosts investor confidence, generates greater levels of foreign direct investment, and expands job opportunities in developed and future-oriented sectors. It also contributes to creating a business environment that stimulates growth and innovation and supports the diversification and long-term stability of the national economy, which is a key pillar of the Third National Development Strategy.
This advancement underscores the effectiveness of Qatar's data-driven policy approach, empowering the private sector, and instilling a governance system based on performance, transparency and innovation, ensuring Qatar's position as a regional and global leader in competitiveness and sustainable development.
It should be noted that this is Qatar's 17th consecutive participation in the Global Competitiveness Report, representing a sustained collaboration between the International Institute for Management Development (IMD) and the National Planning Council.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Qatar Tribune
15 hours ago
- Qatar Tribune
Qatar ranks among top ten countries in 2025 Global Competitiveness Report
Tribune News Network Doha The National Planning Council (NPC) has announced that the State of Qatar has made remarkable progress in its development journey by ranking 9th globally in the 2025 Global Competitiveness Report, issued by the International Institute for Management Development (IMD). This marks the first time Qatar enters the top ten countries in the global competitiveness ranking. The achievement reflects Qatar's well-established position in economic and administrative performance indicators and reaffirms the effectiveness of its long-term national policies in implementing the Third National Development Strategy and achieving Qatar National Vision 2030. The Global Competitiveness Report assesses the performance of 67 economies across more than 330 indicators covering four main themes: economic performance, government efficiency, business efficiency, and infrastructure. Qatar has made significant progress in overall ranking, rising from 11th in 2024 to 9th in 2025. A key driver of this advancement was Qatar's leap in the business efficiency axis, from 11th place in 2024 to 5th in 2025, reflecting ongoing reforms to enhance labor market flexibility, stimulate entrepreneurship, and empower the private sector. Qatar also maintained its 7th place globally in both economic performance and government efficiency, highlighting the resilience of its fiscal policy, the efficiency of public institutions and the quality of governance, especially in light of the current global economic challenges. In the infrastructure axis, Qatar moved up three ranks, indicating continued strategic investment intransport, education, healthcare and digital infrastructure. Commenting on this achievement, HE Dr Abdulaziz bin Nasser bin Mubarak Al Khalifa, Secretary General of the National Planning Council, stated: 'Qatar's entry into the top ten globally in the competitiveness Report is a true testament to the clarity of our strategic vision, the solidity of our institutions, and the cohesion of our national efforts. This progress underscores the country's firm commitment to building a dynamic knowledge- and innovation-based economy, that offers fair and sustainable opportunities for all. We continue to implement the Third National Development Strategy in alignment with Qatar National Vision 2030, while focusing on enhancing competitiveness, achieving sustainable development, and improving the quality of life for the entire population.' The report pointed out that Qatar recorded a significant improvement in several key indicators, where real GDP growth increased by 2.4%, real GDP per capita increased by 0.82%. Additionally, the Consumer Price Index (CPI) recorded a modest 1.07% year-on-year increase, while the homicide rate dropped to 0.07 cases per 100,000 people—the lowest globally. Moreover, Qatar ranked first globally in 14 sub-indicators in the report, including youth unemployment rate, overall unemployment rate, consumption tax rate, individual income tax rate, homicide rate, human capital from expatriate labor, use of big data and analytics, effectiveness of corporate boards, banking and financial services, credit availability, perceived need for economic and social reforms, environmental legislation, financing of technological development, and healthcare infrastructure. Qatar also ranked second in several other sub-indicators, reinforcing its leading position in various aspects of competitiveness. This progress yields tangible benefits for individuals and businesses alike. Qatar's high ranking in global indices boosts investor confidence, generates greater levels of foreign direct investment, and expands job opportunities in developed and future-oriented sectors. It also contributes to creating a business environment that stimulates growth and innovation and supports the diversification and long-term stability of the national economy, which is a key pillar of the Third National Development Strategy. This advancement underscores the effectiveness of Qatar's data-driven policy approach, empowering the private sector, and instilling a governance system based on performance, transparency and innovation, ensuring Qatar's position as a regional and global leader in competitiveness and sustainable development. It should be noted that this is Qatar's 17th consecutive participation in the Global Competitiveness Report, representing a sustained collaboration between the International Institute for Management Development (IMD) and the National Planning Council.
Qatar Tribune
15 hours ago
- Qatar Tribune
Qatar ranks first in the world in 14 sub-indicators
In the infrastructure axis, Qatar moved up three ranks, indicating continued strategic investment in the sectors of transport, education, healthcare and digital infrastructure. Commenting on this achievement, Secretary General of the National Planning Council, HE Dr Abdulaziz bin Nasser bin Mubarak Al Khalifa, stated: 'Qatar's entry into the top ten globally in the competitiveness Report is a true testament to the clarity of our strategic vision, the solidity of our institutions, and the cohesion of our national efforts. This progress underscores the country's firm commitment to building a dynamic knowledge- and innovation-based economy, that offers fair and sustainable opportunities for all. We continue to implement the Third National Development Strategy in alignment with Qatar National Vision 2030, while focusing on enhancing competitiveness, achieving sustainable development, and improving the quality of life for the entire population.' The report pointed out that Qatar recorded a significant improvement in several key indicators, where real GDP growth increased by 2.4%, real GDP per capita increased by 0.82%. Additionally, the Consumer Price Index (CPI) recorded a modest 1.07% year-on-year increase, while the homicide rate dropped to 0.07 cases per 100,000 people—the lowest globally. Moreover, Qatar ranked first globally in 14 sub-indicators in the report, including youth unemployment rate, overall unemployment rate, consumption tax rate, individual income tax rate, homicide rate, human capital from expatriate labour, use of big data and analytics, effectiveness of corporate boards, banking and financial services, credit availability, perceived need for economic and social reforms, environmental legislation, financing of technological development, and healthcare infrastructure. Qatar also ranked second in several other sub-indicators, reinforcing its leading position in various aspects of competitiveness. This progress yields tangible benefits for individuals and businesses alike. Qatar's high ranking in global indices boosts investor confidence, generates greater levels of foreign direct investment, and expands job opportunities in developed and future-oriented sectors. It also contributes to creating a business environment that stimulates growth and innovation and supports the diversification and long-term stability of the national economy, which is a key pillar of the Third National Development Strategy. This advancement underscores the effectiveness of Qatar's data-driven policy approach, empowering the private sector, and instilling a governance system based on performance, transparency and innovation, ensuring Qatar's position as a regional and global leader in competitiveness and sustainable development.
Qatar Tribune
15 hours ago
- Qatar Tribune
Markets price in July rate cut as Turkey inflation outlook improves
Agencies Inflation in Turkey is projected to drop below 30% by the end of the year, while the country's central bank is expected to return to rate cuts as of next month, a latest survey showed on Monday. Markets are forecasting inflation cooling to 29.86% by the end of 2025, according to the Survey of Market Participants for June by the Central Bank of the Republic of Turkey (CBRT). That is down from 30.35% in the previous month's survey. Aggressive monetary tightening since mid-2023, combined with favorable energy prices, has helped reduce Turkey's annual inflation rate by half over the past year. The inflation lastly dipped to 35.4% in May, compared to around 75% a year ago. The central bank has repeatedly cited expectations as one factor determining the course of its monetary policy. The bank last month maintained its year-end mid-point estimate for the consumer price index (CPI) at 24%, with an upper band of 29%. Turkish officials continue to emphasize that inflation will remain within this forecast band. Treasury and Finance Minister Mehmet Şimşek on Thursday cited stickiness in services inflation, which he said was preventing further improvement in headline CPI. Still, Şimşek said inflation could end the year in the 20s, stressing a steep fall in basic goods prices. The CBRT pivoted to raising its key policy rate by 350 basis points this April to 46% and pushed the overnight lending rate to 49% after Turkish assets and the lira fell sharply after Istanbul Mayor Ekrem Imamoğlu was jailed pending trial over graft charges. Before that, the bank had begun an easing cycle and gradually cut its one-week repo rate to 42.5% in March as inflation fell from the level of more than 75% that it reached in May 2024. The sharper-than-anticipated slowdown in inflation last month has reignited speculation that the bank could resume rate cuts soon. Markets see inflation 12 months from now falling to 24.56%, the CBRT survey showed. That is down from 25.06% in the previous survey. The 24-month-ahead forecast eased to 17.35%, down from 17.77%, the bank said. Market participants expect the central bank to keep its benchmark one-week repo rate unchanged this Thursday but project a three percentage point cut in July. They see the rate falling to around 40% in September before ending the year at around 36%. A year from now, the key policy rate is estimated to be around 29%. Survey participants now expect the lira/dollar exchange rate to be 43.57 by the end of 2024, slightly below the previous forecast of 43.70. However, the 12-month ahead forecast for the exchange rate increased to 47.04, up from 46.62 in the last survey period. The Survey of Market Participants is conducted monthly. The panel consists of 72 participants, 54 of whom are experts in the financial sector and 18 of whom are experts in the real sector.
