GCC Countries Overview

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 Qatar
Geographical Factors:
Qatar is a peninsula bordering the Arabian Gulf and Saudi Arabia. It has a strategic position between the GCC countries, this special location will facilitate the process of exporting and importing and also it will enhance the domestic tourism. Qatar’s total area is 11,586 km² and it mainly relies on oil as a natural resource which means that it has a very good wealth.
Demographical Factors:
The current population of Qatar is 2,042,444 (77.61% men and 23.89% women). The population growth rate is 4.19%. The total median age is 32.4 years (men: 33.4 years and female: 28 years). The main language is Arabic and English is also commonly used as a second language because of the huge number of foreigners who are living there.
Economical Factors:
In the last couple of years, Qatar has prospered with continued high real GDP growth. The real GDP growth rates for the previous three years were respectively 6.6%, 13% and 16.7%. Qatar recorded the lowest unemployment rate among the population in the Arab world by 0.5% during 2012. The overall Qatar’s revenue in 2012 was $69.76 billion and its expenditure was $49.32 billion. The inflation rate was 1.9% (2012 est.). All these information show that Qatar has a good wealth as it is mentioned before and this wealth is expected to grow sharply due to the Qatar Bahrain causeway and the World Cup which is going to be in 2022.
Political Factors:
The legal system in Qatar is combined of the civil law and the Islamic law. It is an attractive country to western visitors because it has a low potential to have crimes. The Qatari Government focuses on the truthfulness and transparency between the population and the business community. It pays its attention especially to the bu...

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...in. Bahrain is one of the leading countries in producing aluminum and the second biggest export of it after oil. Bahrain's GDP growth rate in 2012 reached 0.04% and the unemployment rate was 4.2% in 2013. Bahrain's inflation rate was recorded at 3.70% in 2014. The total revenue was $8.378 billion and the expenditure was $8.675 billion in 2012.
Political Factors:
Bahrain has no taxes on individual income. Oil companies must pay a 46 % as a corporate income tax, but some businesses are exempt from taxation. Other taxes may include a stamp tax and a tax on property purchases.
Technological Factors:
Bahrain is one of the most up-to-date countries technologically in the Arabian Peninsula. It has multiplied its efforts to catch up with all the new technologies and tried to implement these technologies and use them in many sectors such as health, business and education.

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