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 (2019): Japan, China, and South Korea
Top 3 Exported Goods (2019): Oil & Mineral Fuels, Plastics, and Fertilizers

Top Industries Source: CIA World Factbook

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

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $259,147,343,998 (2020)
GDP Growth Rate (annual %) -3.668% (2020)
GDP Per Capita, PPP (current international) $89,949 (2020)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 61/197 (2020)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -2.54% (2020)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 11.3% (2019)
Real Interest Rate (5 year average %) 20.452% (2020)
Manufacturing, value added (% of GDP) 7.243% (2020)
Current Account Balance (BoP, current US$) ($3,617,307,692) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 2,146,738 (2020)
Employment in Agriculture (% of total employment) 1.168% (2020)
Employment in Industry (% of total employment) 54.381% (2020)
Employment in Services (% of total employment) 44.451% (2020)
Unemployment Rate 3.45% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $66,769,780,220 (2019)
Exports of goods and services (current US$) $92,046,153,846 (2019)
Total Merchandise Trade (% of GDP) 52.444% (2020)
FDI, net inflows (BoP, current US$) ($2,812,637,363) (2019)
Commercial Service Exports (current US$) $18,377,747,253 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank