N, UNCTAD, UNESCO, UNIDO, UNIFIL, UNWTO, UPU, WCO,
WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Ali Fahad al-Shahwany al-HAJRI
chancery: 2555 M Street NW, Washington, DC 20037
telephone: [1] (202) 274-1600 and 274-1603
FAX: [1] (202) 237-0061
consulate(s) general: Houston
Diplomatic representation from the US:
chief of mission: Ambassador Joseph E. LEBARON
embassy: Al-Luqta District, 22 February Road, Doha
mailing address: P. O. Box 2399, Doha
telephone: [974] 488 4161
FAX: [974] 488 4150
Flag description:
maroon with a broad white serrated band (nine white points) on the
hoist side
Economy
Qatar
Economy - overview:
Qatar is in the midst of an economic boom supported by its expanding
production of natural gas and oil. Economic policy is focused on
development of Qatar's nonassociated natural gas reserves and
increasing private and foreign investment in non-energy sectors. 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 the highest per-capita income country and one of the world's
fastest growing. Sustained high oil prices and increased natural gas
exports in recent years have helped build Qatar's budget and trade
surpluses and foreign reserves. Proved oil reserves of more than 15
billion barrels should ensure continued output at current levels for
22 years. Qatar's proved reserves of natural gas are roughly 25
trillion cubic meters, about 15% 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 became the world's top liquefied natural gas (LNG)
exporter in 2007.
GDP (purchasing power parity):
$71.42 billion (2007 est.)
GDP (official exchange rate):
$67.76 billion (2007 est.)
GDP - real growth rate:
8.4% (2007 est.)
GDP - per capita (PPP):
$87,600 (2007 est.)
GDP - composition by sector:
agriculture: 0.1%
industry: 77.8%
services: 22.1% (2007 est.)
Labor force:
881,000 (2007 est.)
Unemployment rate:
0.7% (2007 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Investment (gross fixed):
43.3% of GDP (2007 est.)
Budget:
revenues: $27.12 billion
expenditures: $22.55 billion (2007 est.)
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