Qatar GDP: Top 5 Amazing Facts

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Qatar GDP

Qatar country overview

Before we start to discuss Qatar GDP first we discuss Qatar country overview, so Qatar is officially called the State of Qatar. Qatar is located in Western Asia.

Qatar GDP
Qatar GDP

Doha is the capital and largest city of Qatar. Its official language is Arabic but English is a widely spoken language in Qatar. In ethnic groups, 40% Arabs, 36% Asians, and other ethnic-related groups live in Qatar.

In the religious divide, 65% Muslims, 15% Hindus, and other religion-related groups live in Qatar. Qatar’s government system is a Unitary parliamentary monarchy.

Qatar’s Emir name is Tamim bin Hamad. Its prime minister’s name is Khalid bin Khalifa. Qatar’s total land area is 11,560 km2. Its land area rank is 158th in the world.

Its total population is 2,795,480 in the year 2020. Its population rank is 139th in the world. Its population density is 175/km2. Its population density rank is 76th in the world countries. 

Qatar Economy

Qatar’s currency is called the Qatari riyal. Qatar’s economy is formally called the developing and emerging economy and a high-income economy country.

The inflation rate in Qatar is 2.1% in the year 2021. Qatar’s HDI rate is 0.848 in the year 2020. Its HDI rank is 45th in the world. The unemployment rate in Qatar is 0.5% in the year 2018. Qatar’s gross external debt is $168 billion in the year 2018. 

Qatar GDP

Its total GDP is $205 billion (nominal) and $270 billion (PPP) in the year 2021. Qatar’s GDP rank is 54th (nominal) and 60th (PPP) in the year 2021.

Its GDP growth rate is 1.5% in the year 2021. Qatar’s GDP per capita is $62,100 (nominal) and $97,200 (PPP) in the year 2021.

Its GDP per capita rank is 10th (nominal) and 4th (PPP) in the year 2021. When we talk about its GDP by sector, agriculture 0.3%, industry 50%, and services are 49% in the year 2018. 

Qatar Exports

Qatar’s total exports are $86 billion in the year 2018. Its main export goods are natural gas, oil, steel, and others. Its main export partners are Japan, India, China, Thailand, Pakistan, the UK, the USA, and others. 

Qatar Imports

Its total imports are $26 billion in the year 2018. Its main import goods are machinery, food products, chemical products, and others. Its main import partners are the USA, China, India, Japan, and others. 

References: Worldbank, IMF, Wikipedia. 

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