ABSTRACT
The Middle East economies are typical of such integration in terms of trade and investment along with the absorption of migrant workers from developing economies. Since Qatar is an oil-led economy, any sluggish demand for oil in the world economy on account of the financial crisis may have its bearing on the Qatar economy and its migrant workers. The economy of Qatar is mainly dominated by oil and natural gas, accounting for almost 82.42 per cent in 2010. There was substantial overall expansion of domestic credit and liquidity in Qatar between 2005 and 2008. The external account of Qatar reflects that the economy always maintains a surplus in the current account as well as in the overall balance of payment. The analysis shows that the Qatar economy is predominantly an oil and gas economy as more than 60 per cent of contribution to the Gross Domestic Product (GDP) comes from this sector.
