Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 30.12.2016
Ruled by the Al Thani family since the mid-1800s, Qatar transformed itself from a poor British protectorate noted mainly for pearling into an independent state with significant oil and natural gas revenues. During the late 1980s and early 1990s, the Qatari economy was crippled by a continuous siphoning off of petroleum revenues by the Amir, who had ruled the country since 1972. His son, the current Amir HAMAD bin Khalifa Al Thani, overthrew the father in a bloodless coup in 1995. In short order, HAMAD oversaw the creation of the pan-Arab satellite news network Al-Jazeera and Qatar's pursuit of a leadership role in mediating regional conflicts. In the 2000s, Qatar resolved its longstanding border disputes with both Bahrain and Saudi Arabia. As of 2007, oil and natural gas revenues had enabled Qatar to attain the highest per capita income in the world. Qatar has not experienced domestic unrest or violence like that seen in other Near Eastern and North African countries in 2010-11, due in part to its immense wealth. Since the outbreak of regional unrest, however, Doha has prided itself on its support for many of these popular revolutions, particularly in Libya and Syria. In mid-2013, HAMAD transferred power to his 33 year-old son, TAMIM bin Hamad - a peaceful abdication rare in the history of Arab Gulf states. TAMIM has prioritized improving the domestic welfare of Qataris, including establishing advanced healthcare and education systems and expanding the country's infrastructure in anticipation of Doha's hosting of the 2022 World Cup.
Source: The CIA World Factbook - Qatar
Subject descriptor 2014 2015 2016 2017 2018 Gross domestic product, constant prices 3.978 3.663 2.633 3.358 3.177 Gross domestic product, current prices 210.109 166.908 156.595 170.790 189.114 Gross domestic product per capita, current prices 93,990.404 68,940.044 60,732.690 63,385.650 69,149.319 Inflation, average consumer prices 3.358 1.814 3.012 3.051 2.817 Volume of imports of goods and services 6.434 -8.893 5.633 2.706 4.227 Volume of exports of goods and services 3.121 -6.142 0.248 3.050 1.205 Current account balance 49.410 13.751 -2.885 0.071 1.863 Current account balance 23.516 8.239 -1.843 0.042 0.985
Source: IMF Statistics - Qatar
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
- Convention and Protocol of Exchange of Lettes from 03.07.2009
- Act from 31.3.2010 (Memorial 2010, A, no. 51, p. 830 and ff.)
- Effective as of 04.09.2010 (Memorial 2010, A, no. 89 of 06.08.2010, p. 1645)
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact points in Qatar
Luxembourg is represented by the Royal Embassy of the Netherlands situated in Doha.
Economic and Commercial Attaché (AWEX):
PO Box 3280 Safat
Tel: +965 25 37 60 53
Fax: +965 25 37 60 54
Country risk as defined by Office du Ducroire for Qatar
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Other useful links
- CIA World Factbook on Qatar
- Le Qatar sur le site de l'Awex
- Arab-Belgium-Luxembourg Chamber of Commerce
- Doing Business in Qatar
- Economic Freedom Index - Qatar
La Chambre de Commerce et le pays
- 30.04.2012 - 03.05.2012
- 29.01.2012 - 31.01.2012