Middle East Economic Survey

VOL. LII

No 11

16-Mar-2009

QATAR

Qatars Economy Grew By 44% In 2008 Despite A 4Q Decline

The Qatari economy grew by about 44% in 2008 to peak at QR372.4bn ($102.3bn), based on provisional estimates for the fourth quarter at current prices published by the Qatar Statistics Authority (QSA) on 11 March. The provisional estimate of current price GDP for the fourth quarter was QR83.2bn ($22.9bn), 23.2% lower than in the third quarter. The decline in the last quarter was due...