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Qatar nominal GDP reached $172bn in 2011, 2.5% of global

 
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Kirk
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PostPosted: Mon Feb 27, 2012 7:07 am    Post subject: Qatar nominal GDP reached $172bn in 2011, 2.5% of global Reply with quote

QNB Capital has estimated Qatar's nominal GDP reached QR628bn ($172bn) in 2011, or 2.5% of global GDP and 12.5% of GDP in the GCC, Arab News has reported. The Gulf country’s share of global and regional GDP rose from 2% and 11.8% in 2010, respectively. This was attributed to the exceptionally fast nominal GDP growth of around 48.6% in Qatar's oil and gas sector in 2011, which has led to overall nominal growth estimated at 35.4%, said QNB Capital.
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