The Qatari economy has exhibited considerable growth in the last eight years and according to a
World Economic Forum 2008-2009 report, the country is now the most competitive Arab economy, ranking 26th worldwide.
GDP grew from QR70.5bn in2002 to QR258.591bn (estimated) in 2007, with GDP per capita reaching $57.936 according to the Qatar Statistical Authority.
GDP for Q1 2008 stood at QR84.3bn, with the growing finance insurance and real estate business accounting for 9.1% or QR7.6bn. Value-added manufacturing accounted for a further 5.8%. Qatar National Bank (QNB) predicted the economy would grow by 26.6% to QR327.5bn in 2008 with nominal GDP expected to reach QR387.2bn in 2009