Qatar sovereign assets totalling more than 100% of GDP to remain 'solid' until 2021: S&P

Qatar sovereign assets totalling more than 100% of GDP to remain 'solid' until 2021: S&P:

Qatar’s sovereign assets totalling more than 100% of GDP are expected to remain “solid” until 2021, premier rating agency S&P Global said Monday.

Qatar is among the seven sovereigns whose assets exceed 100% of GDP and rated by S&P. The others are Kuwait, Norway, Abu Dhabi, Singapore, Jersey and Guernsey.

Combined, the seven sovereigns have accumulated $3tn in assets (200% of GDP on average) to date, it said.