2022 FIFA World Cup: Economic Impact on Qatar and Regional Spillovers
Selected Issues Papers, February 21, 2024
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- 2022 FIFA World Cup: Economic Impact on Qatar and Regional Spillovers
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Bibliographic details
- Authors: Aidyn Bibolov, Ken Miyajima, Sidra Rehman, Tongfang Yuan
- Published: February 21, 2024
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798400267864.018
Summary findings
- Qatar hosted the 2022 FIFA World Cup (WC) successfully and took the opportunity to further develop its non-hydrocarbon economy.
- Near-term contributions to Qatar’s economy, from visitors’ spending and WC-related broadcasting revenue, of up to 1 percent of GDP was comparable to cross-country experiences.
- The event generated positive regional economic spillovers as a sizeable share of spectators stayed in and commuted from neighboring GCC countries.
- Longer-term contributions were significant—the large investment in general infrastructure ahead of the WC drove much of the non-hydrocarbon sector’s growth in the past decade.
- The high-quality infrastructure and global visibility brought by the WC should be leveraged to further promote diversification and achieve the National Vision 2030.
Near-term economic impacts
- Visitors’ spending and WC-related broadcasting revenue contributed up to 1 percent of GDP in the near term.
- The magnitude of near-term contributions was comparable to cross-country experiences.
Regional spillovers
- A sizeable share of spectators stayed in and commuted from neighboring GCC countries, generating positive regional economic spillovers.
Longer-term impacts and policy implications
- Large investment in general infrastructure ahead of the WC drove much of the non-hydrocarbon sector’s growth in the past decade.
- Policy implication: leverage high-quality infrastructure and global visibility from the WC to further promote economic diversification and achieve the National Vision 2030.
Source: 2022 FIFA World Cup: Economic Impact on Qatar and Regional Spillovers, Selected Issues Papers, February 21, 2024.
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