Page 46 - Mission Brief Qatar 2019 v2
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QATAR FACT SHEET
1. KEY ECONOMIC DATA
COUNTRY MALAYSIA QATAR
GDP Nominal (USD) 347.3 billion 167.61billion
GDP Growth Rate (Annually):
2018 4.70% 2.2%
2017 5.90% 2.1%
GNI Per capita 2018 USD9,650 USD61,070
GDP at Constant 2010 Prices by Sector (% share):
Agriculture 7.8 0.2
Construction 4.5 -
Industry 23.0 50.3
Mining 7.9 -
Services 55.5 49.5
Exchange Rate (USD)
2018 RM4.03 -
2017 RM 4.30 QAR 3.64
Inflation Rate 2.5% - 3.5% 0.4%
SST / VAT Rate 10% (Sales Tax) -
6% (Service Tax)
Corporate Income Tax 25% 10%
LABOUR
Unemployment Rate: 3.4% 0.%
Retirement Age 55 - 60 60
DEMOGRAPHY INFORMATION
Race/Origin (%): Malay : 50.33% non-Qatari 88.4%, Qatari
Bumiputera : 17.07% 11.6%
Indian : 7.3%
Chinese : 24.6%
Others : 0.7%
Main Religions Muslim, Muslim,
Buddhist, Christian, Hindu Buddhist, Christian, Hindu
Source: Strategic Planning Division MITI, CIA World Fact Book, EIU, Bureau of Foreign
Trade (BOFT) Qatar
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