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36 country profile
Age Structure in Qatar GDP, comparison by sector
3,53 1,19
0,2%
12,84
Agriculture
11,78
49,5% Industry
50,3%
70,66 Services
0-14 years 15-24 years 25-54 years 55-64 years 65+
GDP per capita is 90,044 USD partners are Japan (17%), South Korea (16%), India (14%),
China (13%), Singapore (7%). The main export goods of the
Qatar’s proved natural gas reserves are above 25 trillion cubic country are liquefied natural gas, petroleum products, fertilizer,
meters. This amount is equivalent to 13% of the total amount and steel. Having an import volume of 30.7 billion dollars, Qa-
in the world. It ranks third in terms of oil reservoir among the tar's import goods are machinery and transportation equipment
countries. In addition to oil and natural gas reserves, in the as well as food and chemicals. Import partners of the country are
country where sectors such as manufacturing, construction, and China (9%), the USA (15%), United Kingdom (9%), Germany
financial services are empowered, it is known that Gross Domes- (5%), and Italy (5%). It is known that the foreign exchange
tic Product is 255 billion dollars. (Data based on the exchange and gold reserves of the country are above 15 billion dollars.
rate of the dollar in 2010.) The country is regarded as the sixth
richest country in the world in terms of Gross Domestic Product The share obtained from world insurance is under 1%
per capita, and Gross Domestic Product per capita is 90,044
dollars. When the distribution of Gross Domestic Product as Having the most gas reserve in the world, Qatar was provid-
per sectors is considered, it is observed that 0.2 percent in ag- ing development with pearl hunting and fishery industry before
riculture, 50.3 percent is in industry and 49.5 percent is in the the discovery of oil reserves. Upon the discovery of the reserves
service sector. According to the data taken from CIA World in the country in the 1940s, the living standards of the nation
Factbook, the inflation rate in the country is around 0.6 percent. started to change. In the country where the insurance industry
The unemployment rate is 8.9 percent. has significant potential, the share taken from the world insur-
ance industry is under 1 percent. Insurance production is carried
Import volume is 30.7 billion dollar out mostly in non-life insurance in the country. It is estimated
that the increasing population of the country will grow the insur-
Qatar’s import volume is 67.5 billion dollars and its import ance market in the near future.
Total premium volume (millions USD)
6.000
5.000 5.035
4.000
2.833 2.935
3.000
2.183 2.941 3.038
2.000
1.471
1.000
0
2013 2014 2015 2016 2017 2018 2019