Qatar
Description of Qatar
Qatar, a nation nestled on the Arabian Peninsula, stands as a beacon of prosperity and modernity in the Middle East. Renowned for its vast oil and natural gas reserves, this small but influential country has leveraged its resources to propel itself onto the global stage. With a strategic geographic location, a visionary leadership, and a commitment to diversifying its economy, Qatar has emerged as a key player in geopolitics and regional affairs. Join us as we delve into the intricate tapestry of Qatar's economic, social, and political landscape, unraveling the threads that have shaped its past and continue to define its future.
Population And Age Structure
1. Population, total: Qatar's population is 2,760,385, which is significantly below the average population of 40,097,746. Qatar ranks 138 out of 194 countries in total population.
2. Population ages 0-14 (% of total population): Qatar's percentage of population ages 0-14 is 15.35%, lower than the average of 27.34%. Qatar ranks 169 out of 194 countries in this demographic.
3. Population ages 0-14, total: The total population aged 0-14 in Qatar is 423,765, well below the average of 10,327,379. Qatar ranks 145 out of 194 countries in this age group.
4. Population ages 15-64 (% of total population): Qatar's percentage of population ages 15-64 is 83.39%, higher than the average of 63.44%. Qatar ranks 2 out of 194 countries in this demographic.
5. Population ages 15-64, total: The total population aged 15-64 in Qatar is 2,301,954, significantly below the average of 26,003,407. Qatar ranks 130 out of 194 countries in this age group.
6. Population ages 65 and above (% of total population): Qatar's percentage of population ages 65 and above is 1.26%, much lower than the average of 9.22%. Qatar ranks 194 out of 194 countries in this demographic.
7. Population ages 65 and above, total: The total population aged 65 and above in Qatar is 34,666, well below the average of 3,766,959. Qatar ranks 166 out of 194 countries in this age group.
Summary
Qatar has a relatively small and youthful population, with a higher percentage of working-age individuals compared to the global average. However, the country has a significantly lower percentage of population aged 65 and above. These demographic indicators are crucial as they can impact various aspects of Qatar's socio-economic development, including healthcare, workforce productivity, pension systems, and overall dependency ratios.
Population Miscellaneous
Qatar's rural population of 21,117 is significantly below the attribute average of 18,044,041. Qatar ranks 182 out of 190 countries in this data set.
With a rural population (% of total population) of 0.77%, Qatar is well below the average of 41.16%. It ranks last at 190 out of 190 countries in this metric.
Qatar's urban population of 2,739,268 is below the attribute average of 22,425,747, ranking Qatar at 119 out of 194 countries.
Urban population (% of total population) in Qatar is high at 99.24%, well above the average of 59.69%. Qatar ranks 5th out of 194 countries in this measure.
Qatar's age dependency ratio (% of working-age population) is 19.91, much lower than the average of 59.22. Qatar ranks 193 out of 194 countries in this regard.
With a crude birth rate of 10.9 per 1,000 people, Qatar is below the average of 19.38. It ranks 144th out of 192 countries.
The crude death rate in Qatar is low at 1.22 per 1,000 people, compared to the average of 8.21. Qatar is ranked 192nd out of 192 countries for this metric.
Qatar's total fertility rate of 1.82 is below the average of 2.60. It ranks 117th out of 190 countries in this indicator.
Summary
Qatar stands out with a significantly low rural population, high urban population, and a low age dependency ratio. Despite a below-average crude birth rate and total fertility rate, Qatar has a notably low crude death rate. These indicators suggest that Qatar has a unique demographic profile characterized by a highly urbanized population with a low dependency ratio and low birth rates.
These findings are crucial for understanding Qatar's demographic trends and future workforce dynamics. The country's high urban population indicates a shift towards urbanization, which can impact infrastructure development, resource allocation, and economic growth strategies. Moreover, the low age dependency ratio signifies a potentially productive workforce that may drive innovation and economic development. However, the below-average fertility rates pose challenges for future population growth and may require policies to address potential labor shortages and aging population issues.
Military
Qatar's arms imports stand at 838 million USD, surpassing the average of 205.5 million USD, ranking 8th out of 113 countries. The country's significant difference from the average, amounting to 632.5 million USD, underscores its substantial investments in this area.
With 22,000 total armed forces personnel, Qatar falls below the average of 165,908 personnel, securing a rank of 102 out of 164 countries. This indicates a notable deviation of approximately -144,000 personnel from the global average.
Qatar's 1.07% of total labour force comprising armed forces personnel is slightly below the average of 1.28%. This places Qatar at the 60th position out of 164 countries, reflecting a comparatively lower military labor participation rate.
Summary
In summary, Qatar stands out for its high spending on arms imports, significant shortfall in total armed forces personnel compared to the global average, and a lower military labor participation rate. These indicators highlight Qatar's focus on military investment and potential challenges in manpower mobilization and utilization within its armed forces.
Natural Resources
1. Land area (sq. km): Qatar has a land area of 11,490 sq. km. This is significantly below the attribute average of 665,166.51 sq. km, ranking Qatar 157th out of 194 countries in the dataset.
2. Surface area (sq. km): With a surface area matching its land area at 11,490 sq. km, Qatar remains well below the attribute average of 689,779.56 sq. km, placing it at the 158th position out of 194 countries.
3. Arable land (hectares): Qatar possesses 21,000 hectares of arable land, much lower than the attribute average of 7,329,543.16 hectares. This places Qatar at the 162nd rank out of 190 countries.
4. Land under cereal production (hectares): Qatar's land under cereal production is 211 hectares, significantly below the attribute average of 4,206,011.63 hectares. Qatar ranks 165th out of 174 countries.
5. Average precipitation in depth (mm per year): The average precipitation in Qatar is 74 mm per year, which is substantially lower than the attribute average of 1,157.83 mm per year. Qatar ranks 175th out of 178 countries in this regard.
6. Renewable internal freshwater resources, total (billion cubic meters): Qatar has 0.056 billion cubic meters of renewable internal freshwater resources, a stark contrast to the attribute average of 240.41 billion cubic meters. This places Qatar at the 173rd position out of 178 countries.
Summary
Qatar's key macroeconomic indicators show a significant challenge in terms of land resources, arable land, cereal production capacity, water availability, and renewable internal freshwater resources. The country ranks consistently low in these categories compared to global averages, indicating vulnerabilities in food security, agricultural sustainability, and water resource management. These findings are crucial as they highlight the need for Qatar to focus on innovation, technology, and strategic partnerships to address these resource limitations and ensure long-term economic stability and sustainable development.
Resource Rents
- Total natural resources rents (% of GDP): Qatar's value of 20.23% is significantly above the attribute average of 4.63%, ranking 7th out of 175 countries with available data.
- Forest rents (% of GDP): Qatar's value of 0.00009% is substantially below the attribute average of 1.53%, placing it at a low rank of 174 out of 174 countries in the dataset.
- Oil rents (% of GDP): Qatar's value of 10.60% is notably higher than the attribute average of 2.51%, giving it a rank of 10 out of 117 countries included in the assessment.
- Natural gas rents (% of GDP): Qatar's value of 9.63% is significantly above the attribute average of 1.25%, ranking 3rd out of 96 countries with available data for this category.
Summary
Qatar stands out in terms of its macroeconomic indicators related to natural resources rents. The country's high values in total natural resources rents (% of GDP), oil rents (% of GDP), and natural gas rents (% of GDP) reflect its heavy reliance on and abundance of these resources. However, its extremely low value in forest rents (% of GDP) indicates a lack of forest resources. These indicators are crucial as they highlight Qatar's economic dependency on oil and natural gas, emphasizing the importance of diversifying its economy to ensure long-term sustainability and resilience against fluctuations in global commodity prices.
Commodities
Qatar's cereal production of 1503.3 metric tons is significantly below the average of 17,249,945.93 metric tons, ranking 162 out of 174 countries.
With an aquaculture production of 22.8 metric tons, Qatar falls far below the average of 679,642.92 metric tons, ranking 158 out of 180 countries.
Qatar's capture fisheries production of 15,086.5 metric tons is lower than the average of 467,453.06 metric tons, ranking 130 out of 190 countries.
For total fisheries production, Qatar's 15,109.3 metric tons is also below the average of 1,153,914.85 metric tons, ranking 136 out of 182 countries.
Qatar's fertilizer consumption of 243.007 kilograms per hectare of arable land is above the average of 159.04 kilograms per hectare, ranking 30 out of 187 countries.
Summary
Qatar's agricultural and fisheries production levels are significantly below global averages, indicating a limited domestic capacity for food production. However, Qatar's higher-than-average fertilizer consumption per hectare of arable land suggests a deliberate effort to maximize agricultural output and improve food security despite inherent challenges. These statistics underscore the country's dependency on foreign imports for food supply and the government's commitment to enhance self-sufficiency through intensive agricultural practices.
Intellectual Property
Qatar's Patent applications by nonresidents stand at 604, below the global average of 6538. Qatar ranks 37th out of 129 countries for this attribute. For Patent applications by residents, Qatar's value of 81 is significantly lower than the average of 19037, placing Qatar at rank 71 out of 117 countries. In terms of Trademark applications by nonresidents, Qatar's 5871 applications fall below the average of 15878, ranking Qatar 63rd out of 130 countries. For Trademark applications by residents, Qatar's 1282 applications are notably lower than the global average of 111055, placing Qatar at rank 95 out of 129 countries. Lastly, on Scientific and technical journal articles, Qatar's 2346.63 articles are below the global average of 15103, ranking Qatar 67th out of 192 countries.
Summary
Qatar's performance in key macroeconomic indicators, such as patent and trademark applications as well as scientific and technical journal articles, falls below global averages. This suggests a lower level of innovation, intellectual property development, and scientific research within the country. Improving these indicators is crucial for Qatar's long-term economic growth, competitiveness, and ability to compete globally in technology, innovation, and knowledge-based industries.
Broad Economy Attributes
Qatar's GDP (current US$) is $144.41 billion, ranking 56th out of 189 countries. It is below the average GDP for this attribute.
Qatar's GDP, PPP (current international $) is $259.49 billion, ranking 60th out of 181 countries. It is below the average GDP for this attribute.
Qatar's GDP per capita (current US$) is $52,315.66, ranking 13th out of 190 countries. It is above the average GDP per capita for this attribute.
Qatar's GDP per capita, PPP (current international $) is $94,005.36, ranking 4th out of 181 countries. It is above the average GDP per capita for this attribute.
Qatar's GNI (current US$) is $141.37 billion, ranking 56th out of 185 countries. It is below the average GNI for this attribute.
Qatar's GNI, PPP (current international $) is $254.02 billion, ranking 60th out of 181 countries. It is below the average GNI for this attribute.
Qatar's GNI per capita, PPP (current international $) is $92,020, ranking 1st out of 181 countries. It is above the average GNI per capita for this attribute.
Summary
Qatar's GDP and GNI in current US dollars both rank 56th globally, while in terms of GDP per capita and GNI per capita (PPP), Qatar ranks notably higher - 13th and 1st respectively. These figures indicate that Qatar has a high standard of living despite its lower overall GDP and GNI rankings. This suggests that the wealth generated in Qatar is distributed among its population more effectively compared to other countries with higher total GDP figures. This could be crucial for social stability, economic development, and overall prosperity within the country.
Broad Value Added
Qatar's Gross value added at basic prices (GVA) is $143.56 billion, ranking 49 out of 176 countries. This is below the average GVA of $360.07 billion.
Qatar's Agriculture, forestry, and fishing value added (% of GDP) is 0.34%, ranking 177 out of 182 countries. This is significantly below the average of 10.86%.
Qatar's Agriculture, forestry, and fishing value added is $489.19 million, ranking 141 out of 182 countries. This is much lower than the average value of $19.92 billion.
Qatar's Services value added (% of GDP) is 52.74%, ranking 121 out of 183 countries. This is slightly below the average of 56.72%.
Qatar's Services value added is $76.17 billion, ranking 56 out of 183 countries. This is below the average service value added of $295.84 billion.
Qatar's Industry (including construction) value added is $75.58 billion, ranking 40 out of 183 countries. This is below the average industry value added of $118.42 billion.
Summary
Qatar's economy has a relatively low Gross Value Added (GVA) compared to the global average, with a significant portion attributed to services rather than agriculture, forestry, and fishing. The country's agriculture sector contributes minimally to its GDP, while the services sector is below the global average in terms of value added. In contrast, the industry sector performs better but still falls below the average industry value added worldwide. These statistics indicate Qatar's heavy reliance on the services sector and suggest a need for diversification to strengthen the overall economy and reduce dependence on a specific sector.
Manufacturing Value Added
Qatar's Manufacturing value added in current US dollars is $11,424,759,017.08, which is below the average of $76,207,179,589.66. Qatar ranks 63rd out of 173 countries in this attribute.
Manufacturing value added as a percentage of GDP for Qatar is 7.91%, below the average of 11.90%. Qatar's rank is 121st out of 173 countries.
Qatar excels in Medium and high-tech manufacturing value added, with 50.10% compared to the average of 24.49%. Qatar ranks 14th out of 149 countries in this attribute.
In terms of Chemicals as a percentage of value added in manufacturing, Qatar leads with 46.44% compared to the average of 11.56%, ranking 1st out of 89 countries.
However, in Food, beverages, and tobacco as a percentage of value added in manufacturing, Qatar is below average with 4.61% compared to 24.51%. Qatar ranks 91st out of 92 countries in this attribute.
Qatar's Machinery and transport equipment as a percentage of value added in manufacturing is 2.50%, below the average of 16.85%. The country ranks 83rd out of 93 countries.
Textiles and clothing as a percentage of value added in manufacturing for Qatar is 1.67%, below the average of 6.33%. The country ranks 73rd out of 93 countries.
Qatar performs well in Other manufacturing as a percentage of value added in manufacturing, with 44.79% compared to the average of 42.13%. Qatar ranks 36th out of 94 countries in this attribute.
Summary
Qatar's manufacturing sector shows strengths in medium and high-tech manufacturing, particularly in chemicals, where it leads globally. However, the country lags behind in food, beverages, and tobacco manufacturing. These indicators are important as they reflect Qatar's specialization within manufacturing and its competitive advantage in certain subsectors, which can impact the country's economic growth and trade relationships.
Money
Inflation, consumer prices (annual %): Qatar has a negative inflation rate of -2.54%, which is significantly below the average of 8.26%. This places Qatar at the 164th rank out of 165 countries included in the data.
Inflation, GDP deflator (annual %): Qatar exhibits a deflation with an annual rate of -15.10%, far below the average of 6.90%. Qatar ranks 186th out of 188 countries in this attribute data.
Broad money growth (annual %): Qatar's broad money growth is 3.79%, lower than the average of 18.03%. Qatar holds the 124th position out of 139 countries in this dataset.
Broad money (% of GDP): Qatar's broad money as a percentage of GDP is 114.12%, exceeding the average of 71.75%. This places Qatar at the 21st rank out of 139 countries in the dataset.
Broad money to total reserves ratio: Qatar's ratio is 4.02, which is below the average of 5.17. Qatar ranks 38th out of 126 countries in this attribute.
Summary
Qatar's economy is experiencing negative inflation rates in both consumer prices and GDP deflator, indicating a decrease in overall price levels. Despite this, the country's broad money growth is below average while broad money as a percentage of GDP is above average, reflecting a unique monetary policy strategy. The ratio of broad money to total reserves is also below average. These indicators suggest that Qatar may be employing unconventional measures to manage its economic stability and liquidity.
Consumption Expenditure
Final consumption expenditure (current US$): Qatar's final consumption expenditure is 69,219,448,682.0797, below the attribute average of 381,630,252,515.3805, ranking 62 out of 159 countries.
Final consumption expenditure (% of GDP): Qatar's final consumption expenditure as a percentage of GDP is 47.93%, lower than the average of 82.37%, ranking 157 out of 159 countries.
General government final consumption expenditure (current US$): Qatar's government final consumption expenditure is 31,706,023,359.2904, significantly below the average of 93,676,578,238.03342. Qatar ranks 51 out of 158 countries.
General government final consumption expenditure (% of GDP): Qatar's government final consumption expenditure as a percentage of GDP is 21.96%, higher than the average of 18.71%, and Qatar ranks 41 out of 158 countries.
Household and NPISHs Final consumption expenditure (current US$): Qatar's household and NPISHs final consumption expenditure is 37,513,425,322.7893, below the average of 290,127,571,157.693, ranking 68 out of 158 countries.
Households and NPISHs final consumption expenditure (% of GDP): Qatar's household and NPISHs final consumption expenditure as a percentage of GDP is 25.98%, well below the average of 63.68%, ranking 156 out of 158 countries.
Summary
Qatar's final consumption expenditure, both in total and as a percentage of GDP, is below global averages, indicating a more conservative spending pattern compared to other countries. The government final consumption expenditure surpasses the global average relative to GDP, suggesting a relatively larger role of government in the economy. Qatar's household and NPISHs final consumption expenditure is also below average, pointing towards potential areas for domestic consumption growth.
These indicators are crucial as they reflect the overall economic health and structure of Qatar. A lower household consumption expenditure percentage may indicate room for increased domestic demand and economic growth if incentivized appropriately. The higher government consumption percentage relative to GDP signifies the government's significant role in driving economic activity and welfare in the country.
Equities
1. Stocks traded, total value (current US$): Qatar has a total stock value of $23,174,370,000, which is significantly below the average of $1,379,501,950,182. Qatar ranks 28th out of 71 countries in this dataset.
2. Stocks traded, total value (% of GDP): Qatar's stock value is 16.05% of its GDP, lower than the average of 31.65%. Qatar is ranked 22nd out of 71 countries in this metric.
3. Market capitalization of listed domestic companies (current US$): Qatar's market capitalization is $165,393,780,000, well below the average of $1,196,037,851,618. Qatar ranks 28th out of 73 countries in this category.
4. Market capitalization of listed domestic companies (% of GDP): Qatar's market capitalization is 114.53% of its GDP, surpassing the average of 71.24%. Qatar ranks 13th out of 73 countries in this aspect.
5. S&P Global Equity Indices (annual % change): Qatar's S&P Global Equity Index shows a decrease of 4.04%, much lower than the average increase of 2.06%. Qatar is ranked 45th out of 79 countries in this indicator.
Summary
Qatar's stock market performance is below average in terms of total stock value and market capitalization of listed domestic companies. Despite ranking slightly higher in market capitalization as a percentage of GDP, Qatar's stock market is not as robust as the average compared to other countries in the dataset. The decrease in the S&P Global Equity Index also indicates a decline in Qatar's equity market performance compared to the average annual increase. These indicators are crucial as they reflect investor confidence, economic growth potential, and the overall strength of Qatar's financial market relative to its GDP.
Investment
Qatar's Foreign direct investment, net (BoP, current US$) is $5,164,010,989.01, which is significantly higher than the average of -$1,615,235,980.51. Qatar ranks 16th out of 169 countries in this attribute.
Foreign direct investment, net inflows (BoP, current US$) in Qatar is -$2,434,065,934.07, below the average of $5,749,271,080.15. Qatar is ranked 171st out of 182 countries for this metric.
Qatar's Foreign direct investment, net inflows (% of GDP) is at -1.69%, lower than the average of 2.61%. Qatar ranks 166th out of 178 countries in this category.
Qatar's Foreign direct investment, net outflows (BoP, current US$) stand at $2,729,945,054.95, below the average of $5,707,991,116.07. Qatar is ranked 33rd out of 156 countries.
The Foreign direct investment, net outflows (% of GDP) in Qatar is 1.89%, higher than the average of 1.00%. Qatar ranks 21st out of 155 countries in this aspect.
Qatar's Portfolio Investment, net (BoP, current US$) is $12,548,901,098.90, significantly higher than the average of $679,559,169.57. Qatar ranks 16th out of 159 countries for this attribute.
Portfolio equity, net inflows (BoP, current US$) in Qatar amount to -$503,571,428.57, below the average of $9,197,145,994.70. Qatar is ranked 103rd out of 125 countries in this metric.
Summary
Qatar stands out in terms of foreign direct investment and portfolio investment, with high levels of net inflows and outflows compared to global averages. Despite ranking low in certain metrics such as FDI as a percentage of GDP, Qatar's strong performance in absolute terms signals a robust economy attracting significant foreign capital. These indicators highlight Qatar's attractiveness to foreign investors and its active participation in the global investment landscape.
Broad Trade Attributes
Qatar's Trade (% of GDP) is 90.02%, which is above the attribute average of 82.34%. The country ranks 45th out of 163 countries in this aspect.
Merchandise trade (% of GDP) for Qatar is 53.55%, below the attribute average of 60.01%. Qatar is ranked 85th out of 186 countries in this category.
Qatar's Trade in services (% of GDP) is 37.48%, significantly higher than the attribute average of 24.63%. The country holds the 26th rank out of 171 countries.
With an External balance on goods and services of 11,868,681,318.68 USD, Qatar surpasses the attribute average of 3,405,509,011.13 USD. In this aspect, Qatar ranks 27th out of 163 countries.
External balance on goods and services (% of GDP) for Qatar stands at 8.22%, notably above the attribute average of -5.97%. Qatar holds the 15th rank out of 163 countries in this field.
Summary
Qatar showcases a strong trade-oriented economy with Trade (% of GDP) at 90.02%, above the global average, and Trade in services (% of GDP) significantly exceeding the attribute average at 37.48%. The country's External balance on goods and services is also robust, standing at 11,868,681,318.68 USD, far surpassing the average. These indicators indicate Qatar's reliance on international trade for economic growth and highlight its competitiveness in the global market.
Net Trade
Qatar's current account balance is -2.99 billion USD, ranking 143 out of 170 countries. This value is significantly below the average of 1.44 billion USD.
The current account balance as a percentage of GDP for Qatar is -2.07%, ranking 93 out of 170 countries. It is slightly better than the average of -2.36%.
Qatar's net trade in goods and services stands at 11.87 billion USD, ranking 27 out of 171 countries. This value is notably higher than the average of 2.6 billion USD.
Qatar's net primary income is -3.04 billion USD, ranking 131 out of 170 countries. It is significantly below the average of -0.9 billion USD.
The net secondary income for Qatar is -11.81 billion USD, ranking 159 out of 170 countries. This value is far below the average of -0.27 billion USD.
Qatar's net trade in goods amounts to 27.14 billion USD, ranking 18 out of 171 countries. This value is substantially higher than the average of 1.3 billion USD.
The net capital account for Qatar is -168.41 million USD, ranking 145 out of 159 countries. This value is below the average of 136.54 million USD.
Qatar's net financial account stands at -4.45 billion USD, ranking 147 out of 170 countries. This value is significantly below the average of -0.47 billion USD.
Summary
Qatar's current account balance, net trade, and net financial account all indicate a strong performance in international trade and financial transactions, with values well above average and rankings in the top 30 among countries surveyed. However, Qatar's net primary and secondary incomes are concerning, as they are significantly below average, indicating a potential imbalance in income flows. These indicators are crucial as they reflect Qatar's position in the global economy, its ability to generate income, and its reliance on international trade and finance.
Broad Export Attributes
Qatar's exports of goods, services, and primary income amount to $81,411,263,736.26, ranking 44th out of 170 countries. This value is notably below the attribute average of $146,238,908,936.30.
Qatar's exports of goods and services total $70,933,241,758.24, ranking 43rd out of 170 countries. This falls below the attribute average of $122,938,540,059.78.
Qatar's exports of goods and services relative to its GDP stand at 49.12%, placing it 35th out of 163 countries. This percentage is above the attribute average of 38.19%.
Qatar's goods exports amount to $51,503,846,153.85, ranking 42nd out of 171 countries. This value is below the attribute average of $93,310,581,697.39.
Qatar's international tourism receipts, as a percentage of total exports, are 20.19%, positioning it 15th out of 120 countries. This percentage is significantly higher than the attribute average of 9.74%.
Qatar's ICT goods exports as a percentage of total goods exports are minimal, at 0.08%, ranking 142nd out of 142 countries. This value is well below the attribute average of 3.81%.
Summary
Qatar's export performance is below average across various indicators such as total exports, goods exports, and ICT goods exports. However, the country stands out for its high percentage of international tourism receipts relative to total exports. These findings are important as they highlight Qatar's heavy reliance on tourism for foreign exchange earnings and the need to diversify its export base to enhance economic resilience and sustainability.
Merchandise Exports
Qatar's Merchandise exports amount to $51.5 billion, ranking 43 out of 187 countries. This value is below the average of $89.5 billion.
The country's Agricultural raw materials exports represent only 0.02% of its total exports, ranking 146 out of 151 countries. This value is significantly below the average of 2.97%.
Qatar's Food exports account for just 0.06% of its merchandise exports, ranking 152 out of 152 countries. This percentage is well below the average of 24.06%.
Fuel exports make up a substantial 81.81% of Qatar's merchandise exports, ranking 6 out of 147 countries. This figure is significantly above the average of 13.70%.
Qatar's Ores and metals exports constitute 2.60% of its merchandise exports, ranking 87 out of 152 countries. This percentage falls below the average of 9.10%.
Merchandise exports by the reporting economy, residual, represent 0.46% of Qatar's total merchandise exports, ranking 77 out of 166 countries. This value is below the average of 3.20%.
Summary
Qatar heavily relies on fuel exports, constituting over 80% of its merchandise exports, while its agricultural and food exports make up a negligible percentage. This indicates a significant lack of diversification in Qatar's export sector, leaving the economy vulnerable to fluctuations in global fuel prices. Diversifying export products could help mitigate economic risks and strengthen resilience against external shocks.
Technology Exports
Qatar's manufactures exports account for 12.73% of its merchandise exports, which is below the average of 42.62%. Qatar is ranked 115 out of 152 countries in this attribute data.
Qatar's high-technology exports amount to $465.9 million, significantly lower than the average of $16.66 billion. This places Qatar at rank 63 out of 151 countries in this category.
Qatar's high-technology exports as a percentage of manufactured exports stand at 7.10%, which is lower than the average of 10.15%. Qatar ranks 72 out of 150 countries for this metric.
Qatar excels in medium and high-tech exports, with 73.99% of its manufactured exports falling into this category, far above the average of 34.29%. This places Qatar at an impressive 9th rank out of 149 countries in this attribute data.
Summary
Qatar demonstrates strength in medium and high-tech exports, surpassing the global average significantly, which propels it to a remarkable 9th rank globally in this category. However, Qatar falls behind in high-technology exports both in absolute value and as a percentage of manufactured exports, ranking 63rd and 72nd, respectively. These indicators are crucial as they reflect Qatar's level of technological advancement and innovation capabilities compared to other countries, influencing its competitiveness and potential for economic diversification.
Service Exports
Qatar's Service exports (BoP, current US$) amount to $19,429,395,604.40, which is below the average of $28,917,292,503.82. Qatar ranks 38th out of 171 countries in this attribute.
Qatar's ICT service exports (BoP, current US$) stand at $2,178,296,703.30, below the average of $4,578,501,153.77. The country is ranked 38th out of 166 countries in this aspect.
Qatar's ICT service exports (% of service exports, BoP) account for 11.21% of its service exports, below the average of 11.75%. Qatar is ranked 57th out of 166 countries based on this percentage.
Qatar's Communications, computer, etc. (% of service exports, BoP) is at 18.75%, well below the average of 45.85%. The country ranks 146th out of 169 countries in this category.
Qatar's Transport services (% of service exports, BoP) constitute 58.04% of its service exports, significantly above the average of 21.80%. Qatar ranks 12th out of 169 countries in this metric.
Qatar's Travel services (% of service exports, BoP) make up 18.34% of its service exports, below the average of 26.40%. The country is ranked 89th out of 167 countries in this area.
Qatar's Insurance and financial services (% of service exports, BoP) represent 4.88% of its service exports, lower than the average of 6.46%. Qatar ranks 65th out of 161 countries in this aspect.
Summary
Qatar performs below average in terms of overall service exports, ICT service exports, and various service export categories, such as ICT services, communications, computer services, and insurance/financial services. However, the country excels in transport services, with a notably high percentage of service exports. These statistics are crucial as they highlight Qatar's strengths and weaknesses in the service sector, showcasing areas for improvement and potential for further growth and diversification of the economy.
Commercial Service Exports
Qatar's Commercial service exports amount to $18,377,747,252.75, ranking 39th out of 171 countries. This value is below the attribute average of $28,508,218,402.80.
Travel services contribute 19.39% to Qatar's commercial service exports, which is lower than the average of 27.89%. Qatar ranks 89th out of 167 countries in this aspect.
Qatar's Computer, communications, and other services make up 14.10% of its commercial service exports, significantly lower than the average of 42.44%. Qatar ranks 145th out of 169 countries.
Insurance and financial services constitute 5.15% of Qatar's commercial service exports, below the average of 6.97%. Qatar ranks 64th out of 161 countries.
Transport services represent 61.36% of Qatar's commercial service exports, well above the average of 23.37%. Qatar's rank is 9 out of 169 countries in this category.
Summary
Qatar's commercial service exports show a varied composition with notable strengths in transport services, contributing a significant 61.36%, well above the global average. However, Qatar lags behind in other key sectors such as travel services, computer, communications, and other services, as well as insurance and financial services. These findings are crucial as they highlight Qatar's reliance on transport services and the potential for diversification and growth in other sectors to enhance its commercial service exports.
Broad Import Attributes
Qatar's imports of goods and services amount to $59.06 billion, ranking 48th out of 163 countries. This value is below the average of $126.19 billion.
Imports of goods and services as a percentage of GDP in Qatar is 40.90%, ranking 70th out of 163 countries. This percentage is below the average of 44.15%.
Qatar's international tourism expenditures as a percentage of total imports stand at 19.48%, ranking 1st out of 131 countries. This figure is significantly above the average of 3.98%.
Qatar's ICT goods imports as a percentage of total goods imports are 5.79%, ranking 63rd out of 143 countries. This percentage is below the average of 6.85%.
The country's goods imports (BoP) amount to $24.37 billion, ranking 62nd out of 171 countries. This value is below the average of $92.01 billion.
Qatar's imports of goods and services (BoP) are $59.06 billion, placing it 47th out of 170 countries. This value is below the average of $120.32 billion.
Imports of goods, services, and primary income in Qatar amount to $72.59 billion, ranking 46th out of 170 countries. This value is below the average of $144.51 billion.
Summary
Qatar's imports of goods and services, as well as its international tourism expenditures, are below global averages, indicating a potential opportunity for increased economic activity through higher imports and tourism spending. Despite ranking lower in some indicators, Qatar's strong position in international tourism expenditure as a percentage of total imports highlights a unique strength that can be further leveraged for economic growth and development.
Merchandise Imports
- Merchandise imports (current US$): Qatar's merchandise imports amount to $25.83 billion, significantly lower than the average of $89.39 billion, ranking 66th out of 190 countries. - Manufactures imports (% of merchandise imports): Qatar imports 78.28% of manufactures, higher than the average of 66.76%, ranking 16th out of 152 countries. - Agricultural raw materials imports (% of merchandise imports): Qatar's imports of agricultural raw materials account for 0.42%, below the average of 1.27%, ranking 139th out of 152 countries. - Food imports (% of merchandise imports): Qatar imports 11.92% of food items, lower than the average of 15.89%, ranking 100th out of 152 countries. - Fuel imports (% of merchandise imports): Qatar's fuel imports constitute 0.83%, significantly below the average of 11.38%, ranking 149th out of 152 countries. - Ores and metals imports (% of merchandise imports): Qatar imports 4.02% of ores and metals, above the average of 2.57%, ranking 25th out of 152 countries. - Merchandise imports by the reporting economy, residual (% of total merchandise imports): Qatar's residual imports are at 0.03%, much lower than the average of 2.51%, ranking 144th out of 180 countries.
Summary
Qatar's macroeconomic indicators reveal a heavy reliance on manufactured goods, with significant imports in this category. Additionally, the country has a low dependency on agricultural raw materials and fuel imports compared to the global average. These statistics are crucial as they highlight Qatar's economic structure, emphasizing its need to import a large portion of manufactured goods while showcasing limited reliance on certain essential imports like food and fuel.
Service Imports
For Service imports (BoP, current US$), Qatar's value of $34,697,802,197.80 is above the average of $27,615,356,170.47. This places Qatar at rank 29 out of 171 countries in the dataset.
In Communications, computer, etc. (% of service imports, BoP), Qatar's value of 25.81% is below the average of 44.40%. Qatar is ranked 138 out of 169 countries for this attribute.
Qatar's Transport services (% of service imports, BoP) value of 44.85% is above the average of 32.90%. This places Qatar at rank 35 out of 169 countries in the dataset.
For Travel services (% of service imports, BoP), Qatar's value of 19.43% is above the average of 14.14%. Qatar is ranked 40 out of 169 countries for this attribute.
Qatar's Insurance and financial services (% of service imports, BoP) value of 9.91% is above the average of 8.53%. This places Qatar at rank 53 out of 169 countries in the dataset.
Summary
Qatar demonstrates a strong emphasis on transport services and travel services within its service imports, with values above the global average for both indicators. This focus has enabled Qatar to rank relatively high in these categories compared to other countries. However, Qatar lags behind in the category of Communications, computer, etc., signifying potential areas for improvement to enhance its service imports portfolio.
These findings are crucial as they highlight Qatar's strategic priorities and strengths in the service sector. By excelling in transport and travel services, Qatar showcases its ability to capitalize on its geographical location and tourism industry. Addressing the lower percentage in Communications, computer, etc. could lead to diversification and modernization of Qatar's service imports, bolstering its overall economic competitiveness in the global market.
Commercial Service Imports
Qatar's Commercial service imports amount to $32,896,978,021.98, which is higher than the average of $27,102,746,128.60. Qatar ranks 30th out of 171 countries in this category.
Computer, communications, and other services make up 21.75% of Qatar's commercial service imports, below the average of 41.71%. Qatar is ranked 135th out of 169 countries.
Qatar's Insurance and financial services represent 10.45% of its commercial service imports, surpassing the average of 8.85%. Qatar holds the 51st position out of 169 countries.
Transport services account for 47.31% of Qatar's commercial service imports, exceeding the average of 34.71%. Qatar ranks 35th out of 169 countries.
Travel services constitute 20.49% of Qatar's commercial service imports, higher than the average of 14.73%. Qatar is ranked 42nd out of 169 countries.
Summary
Qatar's commercial service imports are significantly higher than the global average, with a ranking of 30th out of 171 countries. The country's reliance on transport services for imports is notably high, exceeding the global average by 12.6%. While Qatar surpasses the average in insurance and financial services as well, there is a notable gap in the contribution of computer, communications, and other services to its commercial imports, ranking 135th globally.
These findings are crucial as they highlight Qatar's strategic emphasis on transport services for its commercial activities, positioning the country as a key player in this sector. The lower contribution of computer and communications services raises questions about the country's digital infrastructure and potential areas for growth and development in the technology sector.
Infrastructure
Qatar's air transport freight volume stands at 13,543.51 million ton-km, significantly above the average of 1,384.37 million ton-km. This places Qatar at the 3rd rank out of 126 countries in this dataset. For registered carrier departures worldwide, Qatar has 127,046 departures, below the average of 134,365.61 departures, ranking 28th out of 149 countries. In terms of passengers carried, Qatar transports 10,640,789 passengers, below the average of 11,848,242 passengers, ranking 29th out of 149 countries. Lastly, Qatar's container port traffic stands at 1,412,700 TEUs, below the average of 6,907,110.27 TEUs, ranking 56th out of 110 countries.
Summary
Qatar performs exceptionally well in air transport freight volume, ranking 3rd worldwide out of 126 countries. However, it falls below average in registered carrier departures, passengers carried, and container port traffic. These indicators are crucial as they reflect Qatar's level of connectivity with the global economy, its efficiency in moving goods and people, and its competitiveness in the maritime industry.
Information Technology Infrastructure
Qatar has 1247 secure internet servers, which is significantly below the average of 458,294 for 193 countries, ranking 110th. The country also has 451.75 secure internet servers per 1 million people, much lower than the average of 14,067.17, ranking 95th out of 193 countries.
With 99.65% of the population using the internet, Qatar exceeds the average of 64.77%, ranking 3rd out of 180 countries. However, Qatar lags in fixed broadband subscriptions with 296,126, far below the average of 6,591,956, ranking 103rd out of 185 countries.
Moreover, Qatar falls short in mobile cellular subscriptions with 3,798,514, significantly lower than the average of 42,526,463, ranking 130th out of 193 countries.
Summary
In summary, Qatar performs well in internet usage with a high percentage of the population using the internet, ranking 3rd globally. However, the country lags behind in infrastructure indicators such as secure internet servers, fixed broadband subscriptions, and mobile cellular subscriptions. These indicators are crucial as they highlight areas where Qatar may need to invest and improve to enhance its connectivity, competitiveness, and overall digital development in today's interconnected world.
Energy Consumption
Qatar's renewable energy consumption (% of total final energy consumption) is significantly low at 0.06%, markedly below the average of 32.18%. This places Qatar at the rank of 187 out of 191 countries in the dataset for this attribute.
Regarding CO2 emissions (kt), Qatar emits 87,578.3 kt, which is below the average of 171,895.94 kt. Qatar holds the 39th rank out of 188 countries in terms of CO2 emissions.
Summary
Qatar's renewable energy consumption is strikingly low at 0.06%, ranking 187th out of 191 countries in the dataset. Additionally, Qatar's CO2 emissions of 87,578.3 kt are below the global average, positioning it at the 39th rank out of 188 countries. These statistics highlight Qatar's heavy reliance on non-renewable energy sources and relatively lower carbon footprint compared to other nations, indicating both an area of concern for sustainability and a potential comparative advantage in environmental stewardship.
Government Balance Sheet
Qatar's reserves and related items in BoP amount to 512,360,929.81 USD, ranking 53 out of 171 countries. This value is significantly below the attribute average of 1,924,407,186.58 USD.
For total reserves minus gold, Qatar holds 37,524,561,601.90 USD, placing it at rank 43 out of 161 countries. This value is notably lower than the attribute average of 74,221,588,171.61 USD.
Qatar's total reserves, including gold, stand at 40,972,506,521.48 USD, ranking 44 out of 161 countries. This value is well below the attribute average of 85,708,019,773.47 USD.
Regarding total reserves in months of imports, Qatar's value is 6.77 months, ranking 60 out of 151 countries. Although slightly below the attribute average of 7.10 months, Qatar's position is still relatively favorable.
Summary
Qatar's reserves and related items in the Balance of Payments (BoP) are significantly below the global average, indicating a potential vulnerability in terms of liquidity and external financial stability. While Qatar's total reserves minus gold and total reserves including gold also fall below the attribute averages, suggesting a relatively lower capacity for mitigating economic shocks and supporting its currency. However, Qatar's total reserves in months of imports, although slightly below the average, indicate a manageable level of liquidity to cover import costs in the short term.
These findings are crucial as they highlight Qatar's position in the global economic landscape, showcasing its relative strength and areas that may require attention. Maintaining adequate reserves is essential for ensuring economic stability, managing external shocks, and instilling investor confidence, all crucial factors for sustainable economic development and growth.
Taxes
Qatar's applied weighted mean tariff rate for all products is 3.55%, ranking 79th out of 153 countries. This rate is below the attribute average of 5.21%.
Summary
Qatar's applied weighted mean tariff rate for all products stands at 3.55%, positioning it 79th out of 153 countries, below the global average of 5.21%. This lower-than-average tariff rate indicates Qatar's commitment to promoting trade and attracting investments by keeping barriers to import relatively low, fostering economic growth and international cooperation.
Top Stats
Ranks in Top Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 15-64 (% of total population) | 2/194 |
| Urban population (% of total population) | 5/194 |
| Arms imports (SIPRI trend indicator values) | 8/113 |
| Total natural resources rents (% of GDP) | 7/175 |
| Oil rents (% of GDP) | 10/117 |
| Natural gas rents (% of GDP) | 3/96 |
| GDP per capita (current US$) | 13/190 |
| GDP per capita, PPP (current international $) | 4/181 |
| GNI per capita, PPP (current international $) | 1/181 |
| Medium and high-tech manufacturing value added (% manufacturing value added) | 14/149 |
| Chemicals (% of value added in manufacturing) | 1/89 |
| Foreign direct investment, net (BoP, current US$) | 16/169 |
| External balance on goods and services (% of GDP) | 15/163 |
| Fuel exports (% of merchandise exports) | 6/147 |
| Medium and high-tech exports (% manufactured exports) | 9/149 |
| Transport services (% of service exports, BoP) | 12/169 |
| Transport services (% of commercial service exports) | 9/169 |
| International tourism, expenditures (% of total imports) | 1/131 |
| Air transport, freight (million ton-km) | 3/126 |
| Individuals using the Internet (% of population) | 3/180 |
Ranks in Bottom Decile For:
| Attribute | Rank/Total |
|---|---|
| Population ages 65 and above (% of total population) | 194/194 |
| Rural population | 182/190 |
| Rural population (% of total population) | 190/190 |
| Age dependency ratio (% of working-age population) | 193/194 |
| Death rate, crude (per 1,000 people) | 192/192 |
| Land under cereal production (hectares) | 165/174 |
| Average precipitation in depth (mm per year) | 175/178 |
| Renewable internal freshwater resources, total (billion cubic meters) | 173/178 |
| Forest rents (% of GDP) | 174/174 |
| Cereal production (metric tons) | 162/174 |
| Agriculture, forestry, and fishing, value added (% of GDP) | 177/182 |
| Food, beverages and tobacco (% of value added in manufacturing) | 91/92 |
| Inflation, consumer prices (annual %) | 164/165 |
| Inflation, GDP deflator (annual %) | 186/188 |
| Final consumption expenditure (% of GDP) | 157/159 |
| Households and NPISHs final consumption expenditure (% of GDP) | 156/158 |
| Foreign direct investment, net inflows (BoP, current US$) | 171/182 |
| Foreign direct investment, net inflows (% of GDP) | 166/178 |
| Net secondary income (BoP, current US$) | 159/170 |
| Net capital account (BoP, current US$) | 145/159 |
| ICT goods exports (% of total goods exports) | 142/142 |
| Agricultural raw materials exports (% of merchandise exports) | 146/151 |
| Food exports (% of merchandise exports) | 152/152 |
| Agricultural raw materials imports (% of merchandise imports) | 139/152 |
| Fuel imports (% of merchandise imports) | 149/152 |
| Renewable energy consumption (% of total final energy consumption) | 187/191 |