Qatar country facts

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Qatar country facts

Qatar is a sovereign Arab state occupying the small Qatar Peninsula on the north-eastern coast of the Arabian Peninsula. It is surrounded by the Persian Gulf. Since oil was discovered in Qatar, it has become one of the region’s wealthiest states due to its enormous oil and natural gas revenues. The country now has the world’s highest GDP and the fastest growing economy. With only two million citizens, the Qatar workforce comprises many expatriates from other countries.
Facts:Population: 1 951 591 (2012) Area: 11 586 km2 Capital: Doha, 427 000 inhabitants (2008) Form of state: Emirate Life expectancy: 78 years Languages: Arabic (official), English commonly used as a second language GDP: 170.7 billion USD (2011 est.) Per capita GDP: 98 900 USD (2011 est) GDP growth: 14.1% (2011 est.)Recent historyRuled 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. After a bloodless coup in 1995, the new ruler Amir Hamad bin Khalifa al Thani resolved Qatar’s longstanding border disputes with both Bahrain and Saudi Arabia. Since 2007, oil and gas revenues have enabled Qatar to attain the highest per capita income in the world. Qatar has not experienced the unrest or violence that took place in other Near Eastern and North African countries in 2010–2011, due in part to its immense wealth.EconomyOil and gas account for more than 50% of GDP, roughly 85% of export earnings, and 70% of government revenues. Proven oil reserves in excess of 25 billion barrels should enable continued output at current levels for 57 years. Qatar’s oil reserves cover more than 13% of the world's total, and are the third largest in the world.Qatar’s successful 2022 World Cup bid is likely to accelerate large-scale infrastructure projects such as Qatar’s metro system and the Qatar-Bahrain causeway.(source: CIA/The World Factbook)

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