Qatar has improved its position as a top global performer across several SEDA well-being dimensions, according to a new report compiled by Boston Global Consulting Group (BCG), titled “Measure Well-Being to Improve It: The 2019 Sustainable Economic Development Assessment.” Placing in the top quartile after ranking 30th from 143 countries in the latest SEDA scores, Qatar has made strong improvements across several SEDA dimensions.
Qatar’s wealth to well-being coefficient rose in comparison to 2008’s score, with the report labelling the nation’s overall well-being performance as ‘good and improving’.
Evaluation of Qatar’s performance over the last 12 years, revealed that income and employment has been Qatar’s top-performing dimension. More recently, Qatar has recorded notable improvements in economic stability and infrastructure performance. In spite of strong performance across many dimensions, the report also found that Qatar could benefit from more increased attention towards further improving its focus on certain areas such as economic stability, education and environment, as the country lags behind global peers on these dimensions.
Joao Hrotko, a BCG partner and co-author of the report, stated:
Governments today face massive challenges, including the disruption created by rapid technological advances. Those factors will change what it takes for both public and private-sector players to succeed in the next decade. Governments in particular must gain deep insight into the experiences of their citizens in order to address potentially overlooked problems, including social inequality.’
Qatar has emerged as a strong global performer across most SEDA dimensions – both in 2019 and over the last 12-year period, evident by the country’s performance when compared to the rest of the world. This is a testimony of the country’s continued focus on building a sustainable and continuously developing system. We believe Qatar’s overall well-being performance could benefit from intensified investment into education, economic stability and environment to remain competitive amongst global leaders.’
The findings from BCG’s 2019 SEDA analysis denote that there is a much stronger correlation between social equality and well-being than between income equality and well-being. The research is based on BCG’s proprietary Sustainable Economic Development Assessment (SEDA), a comprehensive diagnostic tool that assesses the relative well-being of countries.