Business Confidence Index in the State of Qatar Q3 2015

The business confidence levels showed a decrease during the 3rd quarter of 2015 compared to the 2nd quarter of 2015, amounting to (19.3) points and (20.3) points, respectively. This drop is attributed to the decreasing optimism of firms operating in oil activity. In spite of this decline, but it remains limited compared to drops in BCIs in many other countries all over the world at the same period, reflecting the continued optimistic outlook over the economic conditions of Qatar as we notice that it surpasses the neutrality (zero) limit when positive and negative views are equal as shown in Graph (1). Such optimism demonstrates continued good performance of Qatar’s economy despite the decline in oil prices. This indicates that the large financial reserves of the State of Qatar has secured a broad protection that led to the continuation of the optimistic outlook of economic establishments in the State.

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