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rties and leaders: none Political pressure groups and leaders: none International organization participation: ABEDA, ACC, AFESD, AMF, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICC, ICRM, IDB, IFAD, IFRCS, ILO, IMF, IMO, Interpol, IOC, IPU, ISO, ITU, LAS, MIGA, NAM, OAPEC, OAS (observer), OIC, OPCW, OPEC, PCA, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO Diplomatic representation in the US: chief of mission: Ambassador Nasir bin Hamad bin Mubarak al-KHALIFA 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 Chase UNTERMEYER embassy: Al-Luqta District, 22 February Road, Doha mailing address: P. O. Box 2399, Doha telephone: [974] 488 4101 FAX: [974] 488 4176 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 60% 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. 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 23 years. Qatar's proved reserves of natural gas exceed 25 trillion cubic meters, more than 5% 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 is expected to become the world's top liquefied natural gas (LNG) exporter in 2007. Qatar is also trying to attract foreign investment in the development of its non-energy projects by further liberalizing the economy. Qatar has become one of the world's fastest growing and highest per-capita income countries. GDP (purchasing power parity): $26.05 billion (2006 est.) GDP (official exchange rate): $30.76 billion (2006 est.) GDP - real growth rate: 7.1% (2006 est.) GDP - per capita (PPP): $29,400 (2006 est.) GDP - composition by sector: agriculture: 0.1% industry: 77.2% services: 22.6%
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