Middle East Economic Survey

VOL. LIII

No 20

17-May-2010

QATAR

Qatar GDP Statistics Show Gas Revenue Surpassed Oil In 2009

Last year gas contributed more than oil to Qatars GDP for the first time, according to preliminary statistics published last week. Gas accounted for QR87,500mn ($24,036mn) or 24.5% of Qatars QR357,860mn ($98,304mn) GDP in 2009 at current prices, while oil (which also includes the oil and gas services sector, as well as crude production), was at QR77,825mn ($21,378mn) or 21.7%,...