National anthem:
name: "Al-Salam Al-Amiri" (The Peace for the Anthem)
lyrics/music: Sheikh MUBARAK bin Saif al-Thani/Abdul Aziz Nasser OBAIDAN
note: adopted 1996; the anthem was first performed that year at a meeting of the Gulf Cooperative Council hosted by Qatar
Economy ::Qatar
Economy - overview:
Despite the global financial crisis, Qatar has prospered in the last several years - in 2010 Qatar had the world's highest growth rate. Qatari authorities throughout the crisis sought to protect the local banking sector with direct investments into domestic banks. GDP rebounded in 2010 largely due to the increase in oil prices. 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 likely the country with the lowest unemployment. 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. Qatar's successful 2022 world cup bid will likely accelerate large-scale infrastructure projects such as Qatar's metro system and the Qatar-Bahrain causeway.
GDP (purchasing power parity):
$122.2 billion (2010 est.) country comparison to the world: 61 $102.3 billion (2009 est.)
$93.44 billion (2008 est.)