Qatar Per Capita Income

Gdp per capita in qatar averaged 64360 53 usd from 2000 until 2019 reaching an all time high of 69679 10 usd in 2011 and a record low of 60837 50 usd in 2000.

Qatar per capita income. In nominal gdp per capita ranking ireland is projected to overtake macao sar and norway to attain 3rd rank. It s economy is highly dependent on oil and natural gas extraction which accounts for more than 50 of gdp 85 of export earnings and 70 of government revenues. The gdp per capita in qatar is equivalent to 491 percent of the world s average. Qatar gdp per capita for 2018 was 68 794 a 12 29 increase from 2017.

Qatar s annual household income per capita reached 24 999 462 usd in dec 2013 compared with the previous value of 12 677 143 usd in dec 2007. Nevertheless iceland is rated as the 11th least corruptive country in the world. Luxembourg and qatar would be the richest economy of world on nominal and ppp basis respectively in 2020. The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita.

Download historical data save as image. Int 60 061 in this capitalist country with free trade and an open market 5 of the richest people own half of all the wealth in the country earning 22 2 of the total income. Qatar s annual household income per capita data is updated yearly available from dec 1988 to dec 2013 with an averaged value of 9 521 538 usd. Qatar is a world bank high income.

Luxembourg and qatar would remain at top spot for next few years as they are ahead of 2nd ranked occupier by huge margin. This page provides qatar gdp per capita actual values. Qatar gdp per capita for 2017 was 61 264 a 7 17 increase from 2016. The reason per capita income published by qatar does not always paint a realistic picture is due to the fact that the data is typically based only on the incomes of native qatari citizens a demographic of qatari society whose population is estimated to be about 250 000.

Qatar s exceptionally high per capita income and proved hydrocarbon reserves are among key credit strengths that underpin the sovereign s resilience to large economic and fiscal shocks says. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. Qatar is classified by the un as a country of very high human development having the third highest hdi in the arab world after united arab emirates and saudi arabia. The gross domestic product per capita in qatar was last recorded at 62021 10 us dollars in 2019.

The data reached an all time high of 24 999 462 usd in dec 2013 and a record low of 5 231 868 usd in dec 1988.