Qatar’s nominal GDP grew 11% in the third quarter compared with Q3, 2008 and totalled QR75.5bn, the Qatar Statistics Authority said yesterday.
“The gas sector recovered from the decline seen in the first half of 2009 due to price rises seen for all major commodities,” the QSA said.
The contribution from the oil sector grew due to the average price of crude oil rising from $60 a barrel to $68 a barrel.
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