Machinery and Transport Equipment, Food, Chemicals
Main import partners
European Union 29.13%
United States 14.6%
United Kingdom 9.35%
China 8.56%
India 4.17%
Turkey 3.65%
Japan 3.6%
Oman 2.67% (2019)[11]
Gross external debt
$168 billion (31 December 2017 est.)[12]
Public finances
Government debt
44.5% of GDP (2022)
Revenues
$297.70 billion (2022)
Expenses
$208.70 billion (2022)
Credit rating
Standard & Poor's:[13]
AA (Domestic)
AA (Foreign)
AA+ (T&C Assessment)
Outlook: Stable[14]
Moody's:[14]
Aa3
Outlook: Positive
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
Infrastructure in an industrial area at DohaMap showing the mineral resources of Qatar.
The Economy of Qatar is one of the highest in the world based on GDP per capita, ranking generally among the top ten richest countries on world rankings for 2015 and 2016 data compiled by the World Bank, the United Nations, and the International Monetary Fund (IMF).[15][16] The country's economy has grown despite sanctions by its neighbors, Saudi Arabia and the United Arab Emirates. Mainly because the country exports primarily to Japan, South Korea, India and China, making the sanctions effectively redundant as neither Saudi Arabia nor the United Arab Emirates have imposed trading penalties such as tariffs or embargoes on any of these countries for trading with Qatar, or offering incentives such as discounts for their own energy exports to reduce Qatari exports.
Petroleum and natural gas are the cornerstones of Qatar's economy and account for more than 70% of total government revenue, more than 60% of gross domestic product, and roughly 85% of export earnings. Qatar has the world's third largest proven natural gas reserve and is the second-largest exporter of natural gas.
^"World Bank Country and Lending Groups". World Bank. Retrieved 13 February 2024.
^"Qatar: Country data and statistics". datahelpdesk.worldbank.org. Retrieved 29 September 2019.
^"Monthly Figures on Total Population". psa.gov.qa. Planning and Statistics Authority. Retrieved 15 August 2023.
^ abcde"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 20 December 2022.
^"Qatar: Economic Update - April 2019" (PDF). World Bank. Retrieved 6 July 2019.
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 4 December 2022.
^Nations, United. "Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 4 December 2022.
^"Labor force, total - Qatar". data.worldbank.org. World Bank. Retrieved 23 January 2020.
^"Export Partners of Qatar". The Observatory of Economic Complexity. 2019. Retrieved 19 June 2021.
^"Import Partners of Qatar". The Observatory of Economic Complexity. 2019. Retrieved 19 June 2021.
^"The World Factbook". Retrieved 9 March 2018.
^"Sovereigns rating list". Standard & Poor's. Retrieved 26 May 2011.
^ abRogers, Simon; Sedghi, Ami (15 April 2011). "How Fitch, Moody's and S&P rate each country's credit rating". The Guardian. Retrieved 28 May 2011.
^"GDP per capita (current US$) | Data". data.worldbank.org. Retrieved 13 September 2017.
^"Report for Selected Countries and Subjects". www.imf.org. Retrieved 13 September 2017.
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Global Information
3, 000,000 (2024)[3]
0.6% (2017 est.)
$86.51 billion (2018 est.)
44.5% of GDP (2022)
