HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Qatar
flag — Qatar
Nation by Nation

Qatar

Economy

$219.2 billion
GDP
World Bank · 2024
$76,689
GDP / Capita
World Bank · 2024
+2.4%
GDP Growth
World Bank · 2024
0.1%
Unemployment
World Bank · 2024

Qatar is one of the richest countries in the world per capita, a small peninsula whose immense wealth flows from its vast reserves of natural gas, of which it is a leading global exporter.

Gas revenues fund a sovereign wealth fund with worldwide investments, lavish infrastructure, and global ambitions, exemplified by hosting the 2022 World Cup, as Qatar punches far above its size diplomatically.

Key Sectors

The economy is overwhelmingly based on liquefied natural gas and petroleum, with sovereign-wealth investments, aviation (Qatar Airways), finance, and real estate as growing pillars.

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