Qatar by Henri-Egert Saaremägi https://padlet.com/henriegert_saaremagi/9dctjd0fih6u Economic background en-us 2019-02-12 09:39:41 UTC 2019-02-25 07:15:53 UTC hello@padlet.com Economy of Qatar ken_maalinn https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330245688 GDP
$366.807 billion (nominal; 2018);
$714.338 billion[ (PPP; 2018)
GDP growth
3.6% (2015), 2.2% (2016),
1.6% (2017e), 2.8% (2018f)
Inflation (CPI)
0.9% (2017 est.)
Labour force
1.953 million (2017 est.)
Unemployment 
0.6% (2017 est.)
Main industries
  • Liquefied natural gas
  • crude oil
  • ammonia
  • fertilizer
  • petrochemicals
  • reinforcing steel
  • cement
  • ship repair
Exports 
$86.51 billion (2018 est.)
Export goods
Liquefied natural gas, petroleum products, fertilizers, steel
Main export partners
Japan 20%
South Korea 15.5%
India 13.1%
China 8.2%
United Arab Emirates 5.5%
Singapore 5.3% (2016)
Imports
$26.69 billion (2017 est.)
Main import partners
United States 13.7%
Germany 9.8%
United Arab Emirates 9.2%
China 8.6%
Japan 7.2%
United Kingdom 5.5%
Saudi Arabia 4.6%
Italy 4.4% (2016)
Gross external debt
$168 billion (31 December 2017 est.)
Public debt
56.8% of GDP (2017 est.)
Revenues
$95.35 billion (2018 est.)
Expenses
$55.81 billion (2018 est.) 


https://en.wikipedia.org/wiki/Economy_of_Qatar
]]> 2019-02-12 09:44:53 UTC https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330245688 Oil and Gas ken_maalinn https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330250897 Qatar is totally dependent on oil, but natural gas is a potential resource for the country because the North Dome Field is the third largest reserve for liquefied natural gas in the world. Qatar's reserves of oil are 15.2 billion barrels, and will with today's production levels last until 2045. Today's production levels are at 1.125 million barrels per day (2007 estimate).

Natural gas is produced at a level of 60 billion m³ per year. Gas reserves are about 26,000 billion m³, which accounts for a staggering 14% of world total.
Oil production represents about 85% of the total income of the country. ]]> 2019-02-12 10:04:00 UTC https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330250897 Tourism henriegert_saaremagi https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330251707 In 2008 the state allocated some $17bn for tourism development through 2014, most of which was allocated towards hotels, exhibition space and infrastructure. In order to keep up with a rising number of visitors, the government set a goal of increasing hotel capacity 400% by 2012.
 Other niche tourism segments receiving special focus include cultural tourism on the back of the high publicity opening of Doha’s Museum of Islamic Art, and sports tourism, initially spurred by the Asian Games, to which Qatar played host in 2006. The government appears to be committed to long-term expansion plans, but challenges nevertheless remain, including effective marketing to the international community as well as the effect of the financial crisis on global tourism appetite. ]]> 2019-02-12 10:06:54 UTC https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330251707 General ken_maalinn https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330252407 Qatar has a very strong economy, benefitting greatly from its petroleum sector compared to a small population. Many programs to diversify the economy have been launched, aiming at attracting foreign investments.
The state economy of Qatar is very healthy, the state budgets have for the last decade run with very pleasant surpluses. In 2008, expenses were only 70% of revenues, creating a profit of US$12 billion, or US$14,000/capita. Budgetary profits are placed in savings, largely abroad.]]> 2019-02-12 10:09:23 UTC https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330252407 Transport henriegert_saaremagi https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330252897 As driving is the primary mode of transport in Qatar, the road network is a major focus of the plan. Project highlights in this segment include the multibillion-dollar Doha Expressway and the Qatar Bahrain Causeway, which will connect Qatar to Bahrain and Saudi Arabia and is considered a milestone in regional interconnectivity. Mass-transit options, such as a Doha metro, light-rail system and more extensive bus networks, are also under development to ease road congestion. In addition, the railway system is being significantly expanded and could eventually form an integral part of a GCC-wide network linking all the Arab states of the Persian Gulf. The airport, too, is expanding capacity to keep up with rising visitor numbers. The New Doha International Airport is one of the largest projects in Qatar today and will boast a capacity of 50m passengers upon completion in 2015. Finally, port infrastructure is seen as an integral part of Qatar's economic development as it focuses on LNG and industrial exports. The port at Mesaieed is undergoing expansion. While the financial crisis may present challenges to infrastructure development, once all projects are completed Qatar will have one of the most advanced and modern transport infrastructures in the region.]]> 2019-02-12 10:11:28 UTC https://padlet.com/henriegert_saaremagi/9dctjd0fih6u/wish/330252897