Doha, Qatar: Qatar has achieved a new global milestone by ranking second in the labour market index according to the 2026 IMD World Competitiveness Yearbook. The rank reflects the strength of the national economy, the efficiency of the labour market, and its ability to attract and retain talent, in line with the goals of economic development and Qatar National Vision 2030.
Economists and experts confirmed that Qatar’s ranking among the top countries globally reflects the success of government policies in building a highly flexible and efficient labour market, benefiting from the continuous development of labour legislation, improving the business environment, expanding investment opportunities, as well as implementing digital transformation programmes and developing government services, which has strengthened the confidence of investors and global companies in the Qatari economy.
This achievement also undoubtedly confirms the ability of the Qatari economy to attract talent and expertise from around the world, based on advanced infrastructure, a stable economy, modern legislation, a competitive investment climate, in addition to the quality of basic services and the levels of security and stability.
Acting General Manager of Qatar Chamber Ali Bu Sherbak Al Mansori affirmed that Qatar’s ranking as second globally in the labour market index reflects the success of the economic policies and legislative and regulatory reforms adopted by the state during the past years, which have contributed to the attractiveness of the Qatari labour market and the building of a competitive labour market that preserves the rights of the worker and the employer.
In an exclusive statement to QNA, Al Mansori said this achievement confirms the advanced position that Qatar has attained on the global competitiveness map.
It enhances the confidence of the local and international business community in the Qatari investment environment, which is characterised by stability, transparency, infrastructure development, supportive business legislation, as well as ongoing initiatives aimed at developing the work environment and raising the productivity of the public and private sectors.
The National Planning Council announced on June 23 that Qatar ranked first regionally and is in the world’s top five for Economic Resilience, according to the 2026 IMD World Competitiveness Yearbook.
The Council said in a statement that the rank highlighted Qatar’s strong performance across economic, business, institutional, and social indicators, pointing out that the results place Qatar among the leading performers regionally and globally across multiple metrics, reflecting continued progress toward the goals of the Third National Development Strategy and Qatar National Vision 2030.
The Council said Qatar ranked 1st regionally and globally for the balance of trade and recorded the world’s lowest rates of unemployment, youth unemployment, and long-term unemployment, while maintaining one of the highest national savings rates globally. These strengths contribute to an economy that ranks first in the region and among the world’s five most resilient.
Economic expert Dr. Abdullah Al Khater told QNA that Qatar’s second-place global ranking reflects the country’s sustained efforts to develop this vital sector through a comprehensive understanding of labor market requirements, the implementation of relevant plans, programs and strategies, improvements to the working environment, the establishment of business incubators, and the strengthening of research centers and educational institutions that support skills development and human capital.
