Qatar's GDP jumps 63% in Q3

  • Qatar: Wednesday, December 31 - 2008 at 11:44

Qatar's gross domestic product in the third quarter of 2008 totalled 108.4 billion riyals ($29bn), a 63% increase on the same period in 2007, according to the latest figures from the Qatar Statistics Authority. The oil and gas sector contributed 73% of the country's GDP, QSA reported. Qatar, which holds the world's largest non-associated gas reserves in the world, saw the gas sector contribute nearly half of the quarterly growth of its GDP, Gulf Times reported on Wednesday

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