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27 Mar 2008
   

GDP in Qatar amounts to 232 billion Qatari riyals (QRs) at current prices in year 2007 And expected to rise to 268 billions Qatari riyals(QRs) in year 2008

 
   


 GDP in Qatar amounts to 232 billion Qatari riyals (QRs) at current prices in year 2007 And expected to rise to 268 billions Qatari riyals (QRs) in year 2008

 
   


Qatar Statistics Authority (QSA) issued the preliminary data of the gross domestic product (GDP) by economic activity at current prices for the year 2007, where Qatar’s GDP reached 232.4 billion QRs with a growth rate of (12.5%) over the 206.6 billion QRs in 2006. The tentative estimates for the year 2008 indicate that the value of GDP at current prices will amount to about 268.4 QRs with growth rate of (15.4%) compared to 2007.

Most of economic activities (oil and non-oil) encountered high growth rates during the years 2007 and 2008. Growth rate of mining and quarrying (oil and gas), which represents 55.7% of total GDP, was 9.3%, with value of 129.4 Million QR in 2007. Growth rate of Non-oil sectors, which represents 44.3% of GDP was 16.8%, with value of 103.0 Million QR in 2007.