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Despite the global financial crisis, Qatar has maintained its economic growth of the last several years. Qatari authorities throughout the crisis sought to protect the local banking sector with direct investments into domestic banks. The drop in oil prices in late 2008 and the global financial crisis reduced Qatar's budget surplus and slowed the pace of investment and development projects in 2009, but GDP growth still registered more than 9% for the year and will likely rebound in 2010. Economic policy is focused on developing Qatar's nonassociated natural gas reserves and increasing private and foreign investment in non-energy sectors, but oil and gas still account for more than 50% of GDP, roughly 85% of export earnings, and 70% of government revenues. Oil and gas have made Qatar the second highest per-capita income country - following Liechtenstein - and the world's second fastest growing - following Macau. Proved oil reserves of 15 billion barrels should enable continued output at current levels for 37 years. Qatar's proved reserves of natural gas exceed 25 trillion cubic meters, about 14% of the world total and third largest in the world.
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$99.59 billion (2009 est.)
country comparison to the world: 68
$90.95 billion (2008 est.)
$81.43 billion (2007 est.)
note:
data are in 2009 US dollars
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$83.91 billion (2009 est.)
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9.5% (2009 est.)
country comparison to the world: 2
11.7% (2008 est.)
17.3% (2007 est.)
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$119,500 (2009 est.)
country comparison to the world: 2
$110,300 (2008 est.)
$99,900 (2007 est.)
note:
data are in 2009 US dollars
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agriculture: 0.1%
industry:
68.4%
services:
31.5% (2009 est.)
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1.179 million (2009 est.)
country comparison to the world: 139
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0.5% (2009 est.)
country comparison to the world: 2
0.4% (2008 est.)
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NA%
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lowest 10%: NA%
highest 10%:
NA%
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32.6% of GDP (2009 est.)
country comparison to the world: 16
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revenues: $36.84 billion
expenditures:
$28.28 billion (2009 est.)
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15.7% of GDP (2009 est.)
country comparison to the world: 111
5.1% of GDP (2008 est.)
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-4.9% (2009 est.)
country comparison to the world: 1
15.2% (2008 est.)
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5.5% (31 December 2009)
country comparison to the world: 78
5.5% (31 December 2008)
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6.84% (31 December 2008)
country comparison to the world: 122
7.43% (31 December 2007)
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$14.59 billion (31 December 2009)
country comparison to the world: 49
$13.98 billion (31 December 2008)
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$44.5 billion (31 December 2009)
country comparison to the world: 40
$36.58 billion (31 December 2007)
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$69.21 billion (31 December 2009)
country comparison to the world: 49
$59.43 billion (31 December 2008)
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$87.84 billion (31 December 2009)
country comparison to the world: 43
$76.31 billion (31 December 2008)
$95.49 billion (31 December 2007)
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fruits, vegetables; poultry, dairy products, beef; fish
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liquefied natural gas, crude oil production and refining, ammonia, fertilizers, petrochemicals, steel reinforcing bars, cement, commercial ship repair
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29.3% (2009 est.)
country comparison to the world: 1
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15.11 billion kWh (2007 est.)
country comparison to the world: 80
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13.73 billion kWh (2007 est.)
country comparison to the world: 78
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0 kWh (2008 est.)
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0 kWh (2008 est.)
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1.213 million bbl/day (2009 est.)
country comparison to the world: 21
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142,000 bbl/day (2009 est.)
country comparison to the world: 69
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753,000 bbl/day (2008 est.)
country comparison to the world: 22
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0 bbl/day (2008 est.)
country comparison to the world: 209
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27.19 billion bbl (1 January 2009 est.)
country comparison to the world: 12
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76.98 billion cu m (2008 est.)
country comparison to the world: 11
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20.2 billion cu m (2008 est.)
country comparison to the world: 33
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56.78 billion cu m (2008 est.)
country comparison to the world: 5
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0 cu m (2008 est.)
country comparison to the world: 144
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25.26 trillion cu m (1 January 2009 est.)
country comparison to the world: 3
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$4.619 billion (2009 est.)
country comparison to the world: 29
$14.23 billion (2008 est.)
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$37.24 billion (2009 est.)
country comparison to the world: 57
$54.91 billion (2008 est.)
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liquefied natural gas (LNG), petroleum products, fertilizers, steel
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Japan 34.68%, South Korea 22.44%, Singapore 10.03%, India 4.86% (2009)
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$20.89 billion (2009 est.)
country comparison to the world: 67
$25.14 billion (2008 est.)
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machinery and transport equipment, food, chemicals
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US 13.43%, Italy 8.34%, South Korea 8.33%, Japan 8.04%, Germany 7.31%, France 6.26%, UK 5.59%, China 5%, UAE 4.67%, Saudi Arabia 3.96% (2009)
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$18.81 billion (31 December 2009 est.)
country comparison to the world: 54
$9.998 billion (31 December 2008 est.)
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$63.16 billion (31 December 2009 est.)
country comparison to the world: 43
$57.37 billion (31 December 2008 est.)
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$20.75 billion (31 December 2009 est.)
country comparison to the world: 66
$15.39 billion (2008 est.)
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$14.27 billion (31 December 2009 est.)
country comparison to the world: 45
$10.16 billion (31 December 2008 est.)
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Qatari rials (QAR) per US dollar - 3.64 (2009), 3.64 (2008), 3.64 (2007), 3.64 (2006), 3.64 (2005)
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