oha
mailing address: P. O. Box 2399, Doha
telephone: [974] 488 4101
FAX: [974] 488 4298

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

Economy Qatar

Economy - overview:
Oil and gas account for more than 55% of GDP, roughly 85% of export
earnings, and 70% of government revenues. Oil and gas have given
Qatar a per capita GDP about 80% of that of the leading West
European industrial countries. Proved oil reserves of 16 billion
barrels should ensure continued output at current levels for 23
years. Qatar's proved reserves of natural gas exceed 14 trillion
cubic meters, more than 5% of the world total and third largest in
the world. Long-term goals feature the development of offshore
natural gas reserves to offset the ultimate decline in oil
production. In recent years, Qatar has consistently posted trade
surpluses largely because of high oil prices and increased natural
gas exports, becoming one of the world's fastest growing and highest
per-capita income countries.

GDP (purchasing power parity):
$19.49 billion (2004 est.)

GDP - real growth rate:
8.7% (2004 est.)

GDP - per capita:
purchasing power parity - $23,200 (2004 est.)

GDP - composition by sector:
agriculture: 0.3%
industry: 58.2%
services: 41.5% (2004 est.)

Labor force:
140,000 (2004 est.)

Unemployment rate:
2.7% (2001)

Population below poverty line:
NA

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

Inflation rate (consumer prices):
3% (2004 est.)

Investment (gross fixed):
22.9% of GDP (2004 est.)

Budget:
revenues: $10.17 billion
expenditures: $7.61 billion, including capital expenditures of $2.2
billion (2004 est.)

Public debt:
NA

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

Industries:
crude oil production and refining, ammonia, fertilizers,
petrochemicals, steel reinforcing bars, cement, commercial ship
repair

Industrial production growth rate:
10% (2003 est.)

Electricity - production:
9.727 billion kWh (2002)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
9.046 billion kWh (2002)

Electricity - exports:
0 kWh (2002)

Electricity - imports:
0 kWh (2002)

Oil - production:
790,000 bbl/day (2004 es