Qatar: Economy

Economic Trivia

Qatar has the highest GDP per capita in the world.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): Japan, South Korea, and India
Top 3 Exported Goods (2014): Oil & Mineral Fuels, Items nesoi, and Natural Minerals & Stone

Top Industries Source: CIA World Factbook

Liquefied Natural Gas; Crude Oil Production and Refining; Ammonia; Fertilizers

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $305,499,134,442 (2014)
GDP Growth Rate (annual %) 3.978% (2014)
GDP Per Capita, PPP (current international) $140,649 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 50/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 3.082% (2014)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 11.3% (2015)
Real Interest Rate (5 year average %) 6.908% (2014)
Manufacturing, value added (% of GDP) 10.128% (2014)
Current Account Balance (BoP, current US$) $49,662,123,525 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 1,593,886 (2014)
Employment in Agriculture (% of total employment) 1.4% (2013)
Employment in Industry (% of total employment) 51.6% (2013)
Employment in Services (% of total employment) 46.8% (2013)
Unemployment Rate 0.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $64,004,395,604 (2014)
Exports of goods and services (current US$) $145,242,307,692 (2014)
Total Merchandise Trade (% of GDP) 79.157% (2014)
FDI, net inflows (BoP, current US$) $1,040,384,615 (2014)
Commercial Service Exports (current US$) $12,774,725,275 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Qatar’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary