why qatar is considered to be the richest country of the world
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Once a poor British protectorate noted mainly for pearling, Qatar gained independence in 1971 and has become one of the world's richest countries because of its massive reserves of oil and natural gas.
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Despite showing a deceleration in economic growth in the last two years, Qatar remains a high-income economy, owing much of its success to oil and gas. They make up 55 per cent of the country's GDP. As for petroleum alone, in 2015 OPEC valued exports of this product from Qatar at US$28,303 million.
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