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Country summary

Capital

Doha

Borders

Saudi Arabia 60 km

Government type

emirate

Population

833,285 (July 2010 est.)[1]

Population growth

0.957% (2010 est.)[1]

Life expectancy

75.35 years[1]

Unemployment

0.5% (2009 est.)[1]

Index of Economic Freedom

39[2]

Corruption Perceptions Index

22[3]

Doing Business ranking

39[4]


Ruled by the Al-Thani family since the mid-1800s, Qatar transformed itself from a poor British protectorate noted mainly for pearling into an independent state with significant oil and natural gas revenues. During the late 1980s and early 1990s, the Qatari economy was crippled by a continuous siphoning off of petroleum revenues by the Amir, who had ruled the country since 1972. His son, the current Amir HAMAD bin Khalifa Al-Thani, overthrew him in a bloodless coup in 1995. In 2001, Qatar resolved its longstanding border disputes with both Bahrain and Saudi Arabia. As of 2007, oil and natural gas revenues had enabled Qatar to attain the second-highest per capita income in the world.[1]

Economical characteristicsEdit

  • Currency: Riyal (ISO code: QAR)
  • Central bank discount rate: 5.5% (31 December 2009)[1]
  • Commercial banks lending rate: 6.84% (31 December 2008)[1]
  • Stock of money (M1): $14.59 billion (31 December 2009)[1]
  • Quasi money (with M1 makes M2): $44.5 billion (31 December 2009)[1]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 12 393 17 760 17 538 19 364 23 534 31 734 42 463 56 770 71 041
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7] 47.048 41.995 41.516 45.452
Govt. expenses (% of GDP)[8] 23.468 20.797 23.770 17.769
Debt to revenue (years)

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Qatar", from The World Facebook. Referenced 2010-09-30.
  2. Heritage Foundation. "Qatar", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-30.
  3. Transparency International. "Qatar", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-30.
  4. Doing Business. "Qatar", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-30.
  5. World Bank. "Qatar: GDP", from World Bank Data. Referenced 2010-09-30.
  6. World Bank. "Qatar: government debt", from World Bank Data. Referenced 2010-09-30.
  7. World Bank. "Qatar: government revenue", from World Bank Data. Referenced 2010-09-30.
  8. World Bank. "Qatar: government expenses", from World Bank Data. Referenced 2010-09-30.

External linksEdit

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