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Qatar
- Recruitment landscape
- Economic indicators
- Labor market
Your global agency guide to...
Qatar
Qatar, with a GDP of $235.77 billion, ranks as the 55th largest economy globally. Its top industries include liquefied natural gas and oil refining. With exceptionally low unemployment at 0.1%, the country boasts a robust labor market. Qatar has a limited number of recruitment agencies, reflecting its smaller population size.
Qatar'S
AGENCY LANDSCAPE
500
Agencies operating in Qatar
A high number of agencies indicates a mature recruitment industry, marked by strong talent demand, established labor laws and economic stability.
Qatar'S
FEATURED AGENCIES
Axiom Global Technologies, Inc.
Hays
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Qatar'S
GROSS DOMESTIC PRODUCT (GDP) RATING
55
WORLD RANKED
Qatar ranks 55th in the world by current economic output
$236B
NOMINAL GDP (US$)
GDP reflects the overall size and economic strength of the country’s economy.
31
EMEA RANKED
Qatar is the 31st biggest GDP in EMEA out of 109 countries in the region
GDP GROWTH (%)
The above chart compares how Qatar's GDP has grown, compared to the rest of the world and the EMEA region in the last 7 years.
Positive growth indicates an expanding economy, while negative growth or recession signifies economic contraction. Strong growth can encourage hiring, but slower growth might lead to freezes or layoffs, influencing talent sourcing as businesses adapt to changing market conditions and demands.
Qatar'S
CURRENCY AND CODE
QR
Country currency
QAT
Country ISO code
Qatar'S
INFLATION RATE
2.6%
CURRENT RATE
▼0.5% REDUCTION
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability. This situation could lead to budget constraints or hiring freezes, which might influence talent availability and sourcing strategies.
Qatar'S
COST OF LIVING
COST OF LIVING INDEX EXPLAINED
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations-while high-cost areas may attract highly skilled professionals looking for higher salaries, lower-cost areas can appeal to companies looking to minimize salary expenses or candidates seeking a better work-life balance.
Qatar'S
LABOUR STATISTICS
2.8M
POPULATION
With a population of 2,846,118, Qatar is a small sized country by global standards. Qatar's youth population is just below the world average, indicating it may face challenges in labor market sustainability over time. The working population in Qatar is well above the world average, indicating a robust labor market with a significant supply of potential employees. Qatar's elderly population is just below the world average, suggesting a manageable dependency ratio, allowing for a relatively larger workforce compared to retirees.
Qatar'S
RELIGION
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In contrast, in a homogeneous religious environment, understanding dominant cultural norms is often more important when engaging with talent.
Qatar'S
UNEMPLOYMENT RATE
0.1%
CURRENT PERCENTAGE
No change
Qatar's unemployment rate is low, suggesting either a booming economy or reliance on foreign labour. Between 2022 and 2023, there was a no change, indicating continued economic stability in the labor market
Qatar'S
TOP PERFORMING INDUSTRIES
Top industries
Liquefied natural gas
Crude oil production and refining
Petrochemicals
Qatar'S
GENDER DEMOGRAPHICS
RATIO OF MALES TO FEMALES (BY AGE)
LABOUR PARTICIPATION BY GENDER (%)
97
/
64
Male | Female
In Qatar there is a large gap in participation rates between males and females, indicating significant structural or cultural barriers preventing more equal gender parity.
Qatar'S
WORKING LIFE
Qatar'S
TOP BENEFITS
-
Maternity leave
-
Sick leave
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