Qatar vs the United Kingdom: Economic Indicators Comparison

The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Qatar ranked 54th with $191.4B. By GDP 5-years average growth and GDP per capita, the United Kingdom and Qatar ranked 126th vs 108th and 23rd vs 9th, respectively.

Gross Domestic Product & Income

StatQatarUnited Kingdom
GDP$191.4B$2.9T
GDP growth, 1 year2.2%1.4%
GDP growth, 5-years average2.7%2.1%
Population2.6M66M
GDP per capita$69k$43k
GDP per capita growth-0.58%0.73%
Purchasing Power Parity conversion factor1.970.7
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.93
GDP per capita, PPP adjusted$130k$46k
GNI, Atlas method$170.1B$2.8T
GNI per capita$61k$42k
GNI, PPP adjusted$346.1B$3T
GNI per capita, PPP adjusted$124k$45k

Financial system and Human development

StatQatarUnited Kingdom
Income Tax Rate0%45%
Corporate Tax Rate0%20%
Inflation, consumer prices0.2%2.5%
Inflation, GDP deflator13%1.9%
Unemployment0.1%4%
Economic Freedom Index72.379.3
Personal Freedom Index5.229.08
Human Freedom Index6.228.55
Property Rights Index66.992.2
Judical Effectiveness Index58.782.7
Business Freedom Index71.194.7
Fiscal Health Index93.778.1
Labor Freedom Index65.973.1
Investment Freedom Index6080
Financial Freedom Index6080
Trade Freedom Index81.686.4
Monetary Freedom Index80.680.3
Government Spending Index64.649.5
Tax Burden Index99.864.7
Government Integrity Index64.689.9
Corruption Perceptions Index6280
Life expectancy at birth, years8081.2
Suicide mortality rate, per 100,000 people6.68.9
Mortality caused by road traffic injury, per 100,000 people9.33.1
Intentional homicides, per 100,000 people0.41.2
International tourism, number of arrivals1.8M36.3M

Government debt & reserves

StatQatarUnited Kingdom
Central government debt, % of GDP48.4%86.9%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI26.8%5.5%
Gross savings, % of GDP51.6%13.4%
Gross capital formation, % of GDP42.9%17.3%
Total reserves including gold$30.4B$172.7B
Foreign direct investment net inflows-$2.2B$35.1B

Exports, imports and economic structure

StatQatarUnited Kingdom
Exports of goods and services, % of GDP53.6%30%
Imports of goods and services, % of GDP34.4%31.8%
Current account balance (balance of payments)$16.7B-$123.1B
Revenue excluding grants, % of GDPN/A35.3%
Grants excluding technical cooperation, BoP$2.2MN/A
Personal remittances received$467M$4.4B
Industry including construction value added, % of GDP61.1%17.5%
Agriculture, forestry and fishing value added, % of GDP0.2%0.6%
Charges for the use of intellectual property, payments BoPN/A$13.5B
Charges for the use of intellectual property, receipts BoPN/A$21.7B
Expense, % of GDPN/A36%
Government Expenditure, % of GDP34.3%41%

Compare with countries close by GDP per capita

Qatar vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k

United Kingdom vs

CountryGDP
per capita
Population
Iceland
$73k
357k
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M