The British magazine FDI Intelligence, which specializes in investments around the world, revealed in a report that Qatar topped the best foreign direct investment attractions for 2023, due to its economic potential and significant investment opportunities that stimulate FDI.
The country is witnessing a significant increase in FDI with more projects attracting international investments.
Qatar is expected to see a greater turnout of FDIs in 2023, covering Qatar’s most important FDI projects, financial services, software and IT services in 2022.
Qatar has achieved a 70% annual growth in FDI projects between 2019 and 2022, and its economy is expected to grow by 2.4% in 2023, while inflation is expected not to exceed 3.3%.
The report analyses the macroeconomic and foreign direct investment (FDI) trajectory of the world’s top 50 FDI destinations, using data from the International Monetary Fund (IMF) and foreign investment monitor fDi Markets.
Over the past years, Qatar has held a prominent place in various international rankings, being the second Arab in the index of economic freedom, the first Arab and the sixth world on the index of the best place to work and live.
Qatar has one of the strongest regional economies and is among the world’s most promising and maintaining balanced growth rates despite various global, regional and local challenges.