s Saturday-Wednesday

Flag description: maroon with a broad white serrated band (nine
white points) on the hoist side

Qatar Economy

Economy - overview: Oil accounts for more than 30% of GDP, roughly
80% of export earnings, and 66% of government revenues. Proved oil
reserves of 3.7 billion barrels should ensure continued output at
current levels for 23 years. Oil has given Qatar a per capita GDP
comparable to that of the leading West European industrial
countries. Qatar's proved reserves of natural gas exceed 7 trillion
cubic meters, more than 5% of the world total, third largest in the
world. Production and export of natural gas are becoming
increasingly important. Long-term goals feature the development of
offshore petroleum and the diversification of the economy. In 2000,
Qatar posted its highest ever trade surplus of $6 billion, due
mainly to high oil prices and increased natural gas exports.

GDP: purchasing power parity - $15.1 billion (2000 est.)

GDP - real growth rate: 4% (2000 est.)

GDP - per capita: purchasing power parity - $20,300 (2000 est.)

GDP - composition by sector: agriculture: 1%

industry: 49%

services: 50% (1996 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 2.5% (2000)

Labor force: 233,000 (1993 est.)

Unemployment rate: NA%

Budget: revenues: $3.9 billion

expenditures: $4 billion, including capital expenditures of $NA
(1999 est.)

Industries: crude oil production and refining, fertilizers,
petrochemicals, steel reinforcing bars, cement

Industrial production growth rate: NA%

Electricity - production: 9 billion kWh (1999)

Electricity - production by source: fossil fuel: 100%

hydro: 0%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 8.37 billion kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 0 kWh (1999)

Agriculture - products: fruits, vegetables; poultry, dairy products,
beef; fish

Exports: $9.8 billion (f.o.b., 2000 est.)

Exports - commodities: petroleum products 80%, fertilizers, steel

Exports - partners: Japan 52%, Singapore 9%, South Korea 8%, US, UAE
(1998)

Imports: $3.8 billion (f.o.b., 2000 est.)

Imports - commodities: machinery and transport equipment, food,
chemicals

Imports - partners: UK 10%, Japan 8%, Germany 6%, US 6%, Italy 6%
(1998)

Debt - externa