Does anyone know how wealthy the average Qatari is?

inferno · 30 May 2007 at 23:32

This may seem like an odd question but when I was out there the people did seem to have a lot of money. EVERYBODY drove around in brand new landcruisers and seemed very wealthy, and others have told me they are.

The GDP in 2005 was $42 Billion with a population of 200,000, judging from that I would also think they are very wealthy, anyone got any more accurate figures?

and if you are wondering, Qatar is a small oil rich country next to Saudi Arabi.

dbmzk1 · 30 May 2007 at 23:44

They have a estimated 2007 population of 841,000. Their 2005 GDP is indeed $42billion. Thats $49,655 each. Ranked 7th in the world. They also don't pay income tax

Google and/or Wiki is your friend

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

Killa_ken · 31 May 2007 at 00:00

Same in Dubai, our taxi driver had a BMW 7 series.

Next to everyone was driving Mercedes S-Class', BMW 7 series, Land cruisers or Porsche Cayennes.

Its mad how rich they all are

Jet · 31 May 2007 at 00:22

Killa_ken said:
Same in Dubai, our taxi driver had a BMW 7 series.

Next to everyone was driving Mercedes S-Class', BMW 7 series, Land cruisers or Porsche Cayennes.

Its mad how rich they all are

50% of which are stolen from the UK.

inferno · 31 May 2007 at 00:24

dbmzk1 said:
They have a estimated 2007 population of 841,000. Their 2005 GDP is indeed $42billion. Thats $49,655 each. Ranked 7th in the world. They also don't pay income tax

Google and/or Wiki is your friend

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

but the majority of those 841,000 are very low paid migrant workers, I remember hearing that Qataris were on average the richest in the world, guess it was wrong.

Sukh · 31 May 2007 at 00:33

On average they might be, but it depends on the distribution of the wealth, something about Lorenz curves and Gini co-efficients, they blab on about them at uni.

Killa_ken · 31 May 2007 at 00:34

Jet said:
50% of which are stolen from the UK.

Whats your point?