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Qatar ranks 2nd internationally in GDP per capita

Qatar ranks 2nd internationally in GDP per capita
Photo Credit: Arabianeye-Reuters

Doha-Mubasher: Qatar focuses on diversifying its economy so it invested noticeably in infrastructure, education and healthcare sectors, according to a report released by UAE Ministry of Economy.

The growth of real gross domestic product ranged from 12% to 26%, the report said, adding that Qatar ranked second internationally in terms of GDP per capita.

Qatar’s exports tripled since 2007 till 2012, reaching QAR 484.06 billion. Non-oil exports rose 12% in 2012.

Qatar continues to encourage trade and create an attractive and competitive investment environment.

The report noted that Qatar will establish the first export development agency to diversify its exports.