Is qatar a rich nation

Answer 1

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.html?countryName=Qatar&countryCode=qa®ionCode=me&rank=69#qa

Currency Qatari riyal

Trade organisations OPEC WTO

Statistics

GDP $83.29 billion (2008 est.)

GDP growth 11.8% (2008 est.)

GDP per capita $101,000 (2008 est.)

GDP by sector Agriculture (0.1%), Industry (79.4%), Services (20.5%) (2008 est.) Inflation (CPI) 15.2% (2008 est.)

Labour force 1.124 million (2008 est.)

Unemployment 0.6% (2008 est.)

Main industries Crude Oil Production and Refining, Ammonia, Fertilizers, Petrochemicals, Steel Reinforcing Bars, Cement, Commercial Ship Repair

External

Exports $62.44 billion f.o.b. (2008 est.)

Export goods Liquefied Natural Gas, Petroleum Products, Fertilizers, Steel

Main export partners Japan 39.9%, South Korea 19.9%, Singapore 9.9%, India 5.1%, Thailand 4.9%, United Arab Emirates 4% (2007)

Imports $24.96 billion f.o.b. (2008 est.)

Import goods Machinery and Transport Equipment, Food, Chemicals

Main import partners United States 13.3%, Italy 10.8%, Japan 8.9%, France 7.9%, Germany 7.3%, United Kingdom 5.7%, South Korea 5.6%, United Arab Emirates 5.1%, Saudi Arabia 4.3% (2007)

Gross external debt $48.91 billion (31 December 2008 est.)

Public finances

Public debt 6% of GDP (2008 est.)

Revenues $40.36 billion (2008 est.)

Expenses $28.08 billion (2008 est.)

So yeah, Qatar is known to be the worlds richest country (in GDP) from its unique oil supplies.