Middle East Economic Survey

VOL. XLVII

No 25

21-June-2004

QATAR

BUDGETS AND REVENUES

Qatars GDP Continues Its Upwards Trend

Qatars gross domestic product (GDP) has continued to climb and has grown by an average of 14.7% over the past five years, says Qatar National Bank (QNB) in its Qatar Economic Review, published in April 2004. Preliminary figures released by Qatars Planning Council show that nominal GDP grew by an estimated 8.8% in 2003 to reach QR70.8bn ($1=QR3.64) compared to a marginal growth...