IBS North America
International Business Strategy

According to the latest projections by the IMF, QATAR’s 2011 GDP is expected to reach $ 109.900 against $ 76.160 of the last year. That means that QATAR could reach the second place in the world ranking of GDP per capita after Lussemburgo.

Thanks to production and marketing of liquefied natural gas, real GDP is estimated to be 20% this year (according to Central Bank QNB) making QATAR the fifth largest economy of the entire Middle East.

Source: IlSole24Ore, June 6, 2011.