Economy - overview: Oil accounts for more than 30% of GDP, roughly 80% of export earnings, and 66% of government revenues. Proved oil reserves of 3.7 billion barrels should ensure continued output at current levels for 23 years. Oil has given Qatar a per capita GDP comparable to that of the leading West European industrial countries. Qatar's proved reserves of natural gas exceed 7 trillion cubic meters, more than 5% of the world total, third largest in the world. Production and export of natural gas are becoming increasingly important. Long-term goals feature the development of offshore petroleum and the diversification of the economy. In 2000, Qatar posted its highest ever trade surplus of $6 billion, due mainly to high oil prices and increased natural gas exports.
GDP: purchasing power parity - $15.1 billion (2000 est.)
GDP - real growth rate: 4% (2000 est.)
GDP - per capita: purchasing power parity - $20,300 (2000 est.)
GDP - composition by sector: agriculture: 1%
industry: 49%
services: 50% (1996 est.)
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%