QATAR’S GDP PER CAPITA IS THE HIGHEST IN THE WORLD, REACHING $127,000 IN 2017

DOHA, Qatar, Qatar affirmed its economy's ability to overcome challenges of the blockade and to continue the development process towards achieving the goals of the global sustainable development agenda 2030.

This came during the second national voluntary review of Qatar, presented by the Minister of Development, Planning and Statistics, Dr Saleh Mohamed Salem al-Nabit, during the High-level Political Forum (HLPF) on Sustainable Development.

The minister said, Qatar's economy is strong and cohesive and capable of overcoming the challenges of the blockade it is facing. He pointed out that the country's economic growth rate reached about 1.6% in 2017.

Dr al-Nabit noted that Qatar's GDP per capita is the highest in the world, reaching $127,000 a year in 2017.

Qatar is also the top Arab country in the 2016 Human Development Index.

He said that life expectancy at birth was 78 years, and the infant mortality rate was about seven per thousand.

The minister also indicated that the literacy rate for adults rose to 97.8% and the rate of tertiary enrolment increased to 16% in 2017.

He added, the rate of participation in the workforce for the age group 15 years and above was 84.6%, while the unemployment rate among young people was 0.8% in 2017, pointing out that Qatar ranked 14th on the World Competitiveness Ranking, of the International Institute for Management Development for 2018.

Source: Nam News Network