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Economy of Qatar

Population: 2.2 million in 20131

GDP: $202 billion in 20132

GDP per capita: $93,714 nominal3 ($131,758 PPP4) in 2013

GDP growth rate: 6.3% in 20135


GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Mining and utilities10258.8%
Other activities3318.8%
Wholesale, retail trade, restaurants and hotels105.6%
Transport, storage and communication63.3%
Agriculture, hunting, forestry, fishing00.1%
Total value added174100%


Unemployment rate: 0.5% in 20137

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Wholesale trade, retail trade and repair of motor vehicles19412.6%
Activities of households as employers1529.9%
Public administration and defence956.2%
Mining and quarrying956.2%
Administrative and support service483.1%
Transportation and storage452.9%
Accommodation and food service392.5%
Professional, scientific and technical291.9%
Human health and social work281.8%
Agriculture, forestry and fishing211.4%
Information and communication130.8%
Finance and insurance120.8%
Real estate100.7%
Arts, entertainment and recreation90.6%
Electricity, gas, steam and air conditioning90.6%
Other service70.5%
Not elsewhere classified30.2%
Water supply, sewerage and waste management30.2%
Extraterritorial organizations and bodies20.1%
Total employment1,539100%


Top 10 Corporations by Revenue 20139



Household Wealth: $200 billion (99% of GDP) in 201410

Household Wealth per Adult: $156,096 in 201410

Gini Coefficient: N/A


Central Government

Central Government Revenue: $78 billion (38% of GDP) in 201311

Central Government Expenditure: $57 billion (28% of GDP) in 201311

Central Government Budget Balance: +$21 billion (+10% of GDP) in 201311

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: 2.50% on Jan 28, 201512

Government Funds

Qatar Investment Authority: $175 billion in 201413

Tax Structure

Individual Income Tax Rates and Thresholds in 201214

Corporate Tax Rate: 10% in 201415

Monetary Policy

Money Supply (M1): $34 billion (17% of GDP) in Nov 2014* 16

Benchmark Interest Rate: QBC Lending Rate = 4.50% on Jan 28, 201517

Total Reserves: $42 billion (21% of GDP) in 201318

Exchange Rate: 3.64 Qatari Riyals = 1 U.S. Dollar on Jan 28, 201519

Inflation: 3.1% in 201320

* Money supply calculated using the exchange rate 3.64 QAR = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $13 billion (7% of GDP) in 201322

Imports: $40 billion (20% of GDP) in 201322

Trade Balance: -$27 billion (-13% of GDP) in 201322

Foreign Direct Investment Inflow: -$840 million (-0.4% of GDP) in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: N/A

Foreign Aid Outflow: N/A


1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Government budget) Go back
12. Source: Investing.com (Government bond yield) Go back
13. Source: ESADE Sovereign Wealth Fund Report (Government Funds) Go back
14. Source: PKF Tax Guide (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: Qatar Central Bank, Publications, Monthly Monetary Bulletin (Money supply) Go back
17. Source: Qatar Central Bank, Interest Rates (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: Yahoo Finance (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back