Why is Qatar one of the richest countries in the world?
The 2022 World Cup is approaching, and many people want to know more about the host nation Qatar. Here, check out some facts about the state’s economy.
The countdown to the most anticipated sporting event of the year has begun: World Cup 2022 in Qatar. Everything is set for Opening match on November 20people all over the world will watch like 32 teams He will compete for a place in the Grand Final scheduled for December 18.
As the tournament approaches, you can see every possible result with Simulation of the Qatar 2022 World Cup. But while the focus will be on the playing field, there is a lot of interest in learning more about the host country, especially around culture and tourism.
There are a lot of interesting activities that you can do in Qatar, such as visiting Museums and galleriesas well as unbelievable shopping centersrestaurants and more. The country has established itself as one of the most luxurious places in the world. But how rich is Qatar? Here’s what you need to know.
Why is Qatar so rich?
According to Global Finance, Qatar is The fourth richest country in the world Thanks, in the first place, to Oil extraction and exportBeside natural gas. The country is actually the second largest exporter of natural gas and has the third largest proven natural gas reserves in the world.
In fact, Qatar was one of the poorest countries in the world before World War II. However, thanks to the discovery of petroleum in 1939 and its subsequent production (beginning in 1949), the country was able to increase its wealth. According to the latest report by Global Finance, per capita Gross domestic product From a Qatari citizen has expired $97,846.
What is the richest country in the world in 2022?
According to a Global Finance report, released in August, Luxembourg It is the richest country in the world with a per capita GDP of $119,947. The country follows Singapore ($113,128) and Ireland ($107,166) are in second and third place, respectively.