| Introduction - Qatar: |
| Location - Qatar: |
| People - Qatar: |
| Government - Qatar: |
| Economy - Qatar: |
Economy overview | Oil and gas account for more than 60% of GDP, roughly 85% of export earnings, and 70% of government revenues. Oil and gas have made Qatar one of the worlds faster growing and higher per-capita income countries - in 2006 per-capita income equaled that of the EU. Sustained high oil prices and increased natural gas exports in recent years have helped build Qatars budget and trade surpluses and foreign reserves. Proved oil reserves of more than 15 billion barrels should ensure continued output at current levels for 23 years. Qatars proved reserves of natural gas exceed 25 trillion cubic meters, more than 5% of the world total and third largest in the world. Qatar has permitted substantial foreign investment in the development of its gas fields during the last decade and is expected to become the worlds top liquefied natural gas (LNG) exporter in 2007. Qatar is also trying to attract foreign investment in the development of its non-energy projects by further liberalizing the economy. |
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Gdp purchasing power parity | $26.37 billion (2006 est.) |
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Gdp official exchange rate | $30.76 billion (2006 est.) |
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Gdp real growth rate | 7.1% (2006 est.) |
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Gdp per capita ppp | $29,800 (2006 est.) |
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Gdp composition by sector | agriculture: 0.1%
industry: 77.2%
services: 22.6% (2006 est.) |
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Labor force | 508,000 (2006 est.) |
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Unemployment rate | 3.2% (2006 est.) |
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Population below poverty line | NA% |
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Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
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Inflation rate consumer prices | 7.2% (2006 est.) |
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Investment gross fixed | 33.2% of GDP (2006 est.) |
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Budget | revenues: $22.51 billion
expenditures: $16.89 billion; including capital expenditures of $2.2 billion (2006 est.) |
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Public debt | 23.6% of GDP (2006 est.) |
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Agriculture products | fruits, vegetables; poultry, dairy products, beef; fish |
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Industries | crude oil production and refining, ammonia, fertilizers, petrochemicals, steel reinforcing bars, cement, commercial ship repair |
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Industrial production growth rate | 10% (2003 est.) |
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Electricity production | 12.4 billion kWh (2004) |
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Electricity consumption | 11.53 billion kWh (2004) |
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Electricity exports | 0 kWh (2004) |
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Electricity imports | 0 kWh (2004) |
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Oil production | 790,500 bbl/day (2005 est.) |
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Oil consumption | 80,000 bbl/day (2004 est.) |
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Oil exports | NA bbl/day |
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Oil imports | NA bbl/day |
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Oil proved reserves | 15.21 billion bbl (1 January 2005 est.) |
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Natural gas production | 39.17 billion cu m (2004 est.) |
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Natural gas consumption | 15.11 billion cu m (2004 est.) |
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Natural gas exports | 24.06 billion cu m (2004 est.) |
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Natural gas imports | 0 cu m (2004 est.) |
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Natural gas proved reserves | 25.77 trillion cu m (1 January 2005 est.) |
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Current account balance | $12.51 billion (2006 est.) |
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Exports | $33.25 billion f.o.b. (2006 est.) |
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Exports commodities | liquefied natural gas (LNG), petroleum products, fertilizers, steel |
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Exports partners | Japan 39.8%, South Korea 18.6%, Singapore 6.4%, Thailand 4.1% (2006) |
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Imports | $12.36 billion f.o.b. (2006 est.) |
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Imports commodities | machinery and transport equipment, food, chemicals |
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Imports partners | France 13.3%, Japan 10.1%, US 9.3%, Italy 8.9%, Germany 7.8%, UK 6.2%, Saudi Arabia 5.7%, South Korea 4.5% (2006) |
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Reserves of foreign exchange and gold | $5.755 billion (2006 est.) |
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Debt external | $25.7 billion (2006 est.) |
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Economic aid recipient | $NA |
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Currency code | Qatari rial (QAR) |
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Exchange rates | Qatari rials per US dollar - 3.64 (2006), 3.64 (2005), 3.64 (2004), 3.64 (2003), 3.64 (2002) |
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| Communications - Qatar: |
| Transportation - Qatar: |
| Military - Qatar: |
This page was last updated on 16 September, 2007
