Gulf Times – Qatar GDP jumps 40% in Q3 on gas expansion

Qatar’s nominal GDP increased almost 40% to QR164.8bn in the third quarter compared with the previous-year period on the back of expanding gas output, the Qatar Statistics Authority said yesterday.
Nominal GDP in the third quarter of 2010 stood at QR118.1bn, the QSA said.
The mining and quarrying sector, which includes the key gas and oil portfolios, rose 57% in current prices to QR98bn in the third quarter of this year compared with QR62.4bn in Q3, 2010.

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