Qatar is still the richest country in the world - page 3.

CriptoSven

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Quote from: dali_masmoudi on July 16, 2017, 01:07:28 PM

The Oil if making a great job there, not only in Qatar but in the Arabic Golf in general.
Also they know how to spend their money and here I am talking about Tourism.
Nowadays Qatar is one of the top 20 destinations in the world and it is one of the best places to make business.

It became possible and there are rich, but it is necessary to more accurately study How the country gives life to its citizens. How exactly are social guarantees distributed and what do citizens have from their state. If this is all to learn then you can get very original answers.

dali_masmoudi

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The Oil if making a great job there, not only in Qatar but in the Arabic Golf in general.
Also they know how to spend their money and here I am talking about Tourism.
Nowadays Qatar is one of the top 20 destinations in the world and it is one of the best places to make business.

glox

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Quote from: electronicash on July 12, 2017, 10:12:16 AM

Quote from: Love! on July 12, 2017, 10:05:21 AM

Oil has that effect on people.......it makes them rich.

That average is obviously high because of the vast amount of wealth at the very top. People near the bottom don't make a lot, but the one's at the top make more than the worldwide average.

if car manufacturer creates and supports water/hydrogen being the fuel of cars, those oil countries will come tumbling down. we'll probably see arabs eating asian crickets and super worms for their meals. but then of course that's not going to happen. US has more oil businesses apart from war businesses.

В Катаре много полезных природных ископаемых и сравнительно небольшая страна и все доходы от продажи ресурсов идут на развитие экономики.

iram3130

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Quote from: Andrianla on July 16, 2017, 11:57:31 AM

Of course because qatar has sufficient natural gas reserves and many expatriate residents

They don't have bread or water but yeah, they have money. Sometimes I feel we should send all those selfish money minded people to these countries and just leave them. The oil power is stronger than any other in this industrial world. People should value the nature and stop being selfish.

Andrianla

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Of course because qatar has sufficient natural gas reserves and many expatriate residents

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Quote from: Love! on July 12, 2017, 10:05:21 AM

Oil has that effect on people.......it makes them rich.

That average is obviously high because of the vast amount of wealth at the very top. People near the bottom don't make a lot, but the one's at the top make more than the worldwide average.

Crude Oil hasn't been generating a lot of money for these oil producing countries recently due to the crash of the oil market these few years, they should have slipped down the list but it seems they are still hanging on to the top spots, i dont know their other source of income aside oil exportation.

Jovrick

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I think they get a place where nature is so fertile they become a source of wealth, and that makes them a rich country is meddling English to shape the country qatar

Simplexton

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Gas and oil are two key commodities that have boosted the wealth of Qatar. The country's population is also small so the government has an easy time in the fair distribution of resources. Doha, the capital, is growing at an alarming rate.

Fredomago

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Quote from: LilibethSantos on July 14, 2017, 12:15:39 AM

They simply lucked out by having a tiny population with a ton of oil. If the population was over 10 million versus its current 2.6 million, it would probably have a similar gdp per capita as saudi arabia.

the advantage always take with the numbers of native people i'm also thinks the same if they have a lots of native that will share the rev of the oil
that they got the portion will not be the same lucky for those who lives in qatar that's why many of ofw here also wants to work from that place.

kodes88

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i agree if qatar was one of the richest country in this world this year,but i am also see that luxembourg is above qatar,some website told us that qatar is number 3 under luxembourg and norwegia,they have really big PDB,and almost people in luxemburg have a job and have income more than 1 bilion in a year,very impressive.

viean

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I don't know that Qatar is the richest country. I know that Qatar is one of the progressive country

LilibethSantos

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They simply lucked out by having a tiny population with a ton of oil. If the population was over 10 million versus its current 2.6 million, it would probably have a similar gdp per capita as saudi arabia.

icecube45

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Quote from: Vishnu.Reang on July 12, 2017, 08:52:45 AM

Despite the sanctions/blockade from Saudi Arabia and its allies, Qatar has maintained its position as the richest country in the world, ahead of Luxembourg. Interestingly, 4 out of the 5 countries are in the Asian continent, with Macau, Singapore, and Brunei occupying positions #3 to #5. Average wages in Qatar stands at $129,112 per head, which is almost double of that in the United States.

Good data, buddy. Yes as we know since finding one of LNG reserves with LNG reserves reaching 900 trillion cubic feet, Qatar became the largest LNG exporter in the world. Income from oil and gas make the country's average per capita income very large, and I do not wonder if this country became the richest country. So although some Arab countries cut off diplomatic relations, it will not have a big effect on this country. What I'm thinking right now is that if their liquefied natural gas (LNG) reserves run out for decades, will it still be the richest country? I am not convinced of this, unless Qatar has a large income other than liquefied natural gas (LNG).

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Quote from: RedditMaster on July 13, 2017, 03:03:35 PM

It is actually crazy to me how much money the average person makes in Qatar. I could live like a king in my country (a very highly developed, first world country) for three years from that amount. As a matter of fact, I could live like a king here for FIVE years with just the amount that a single person in Qatar makes annually.

It is insane!

Qatar is the largest exporter of LNG i the world, and they have a population of only around 300,000 nationals (plus another 3 million expats). So all the revenues from the LNG sales is divided up by just around 40,000 families.

RedditMaster

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It is actually crazy to me how much money the average person makes in Qatar. I could live like a king in my country (a very highly developed, first world country) for three years from that amount. As a matter of fact, I could live like a king here for FIVE years with just the amount that a single person in Qatar makes annually.

It is insane!

mindrust

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Quote

As a result of the partitioning of the Ottoman Empire, Qatar became a British protectorate on 3 November 1916. On that day, the United Kingdom signed a treaty with Sheikh Abdullah bin Jassim Al Thani to bring Qatar under its Trucial System of Administration. While Abdullah agreed not to enter into any relations with any other power without prior consent of the British government, the British guaranteed the protection of Qatar from all aggression by sea.[74] On 5 May 1935, Abdullah signed another treaty with the British government which granted Qatar protection against internal and external threats.[74] Oil reserves were first discovered in 1939. However, exploitation was delayed by World War II.

Quote

On 3 September 1971, those "special treaty arrangements" that were "inconsistent with full international responsibility as a sovereign and independent state" were terminated.[75] This was done under an agreement reached between the Ruler of Qatar and the Government of the United Kingdom.[76][75]

https://en.wikipedia.org/wiki/Qatar

The truth is, Qatar never had its independence. They are independent only on paper. Qatar is still a state of the Great British Empire. That's probably the case for Turkey either. When you see USA&SA getting mad at Qatar, you should actually see them getting mad at the UK.

darkangel11

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Quote from: Vishnu.Reang on July 12, 2017, 08:52:45 AM

Average wages in Qatar stands at $129,112 per head, which is almost double of that in the United States.

The average wage is a meaningless terminology.
In reality it looks like this:
A rich oil baron earns 10 million a year, while hundreds of people merely make $10k, but if you add them all together, the average wage will be over $100k Wink

All this says is how many millionaires a country has, not how rich are the citizens.

MyVeepz10

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Don't know if that chart is right, but yes they are the richest by now.

Okurkabinladin

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Quote from: Nikola95 on July 13, 2017, 12:46:20 PM

I think they can't last long alone against their neighbours. Biggest problem for them is geography. They are almost surrounded by territories of those 4 countries.

So? It is maritime country and all of its neighbours support wahabi terrorism just as Qatar is

where do you see the problem, sir?

Qatar and the U.S. on Tuesday struck a pact to strengthen Qatari action against terrorist funding, an issue at the center of the diplomatic crisis in the Gulf that has pit longstanding American allies against each other.

The memorandum of understanding was signed as Secretary of State Rex Tillerson was in the Qatari capital, Doha, part of his sweep through the region in pursuit of a negotiated settlement of the feud, now in its second month. With the accord, the U.S. and Qatar “will do more to track down funding sources, will do more to collaborate and share information and will do more to keep the region and our homeland safe,” Tillerson told a news conference in Doha.

https://www.bloomberg.com/news/articles/2017-07-11/tillerson-says-hopeful-of-ending-gulf-spat-on-visit-to-qatar

Nikola95

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I think they can't last long alone against their neighbours. Biggest problem for them is geography. They are almost surrounded by territories of those 4 countries.

Topic: Qatar is still the richest country in the world - page 3. (Read 2971 times)