Qatar is a sovereign Arab state, located in Western Asia, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula.
Qatar is a sovereign Arab state, located in Western Asia, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. A strait of the Persian Gulf separates Qatar from the nearby island state of Bahrain.
Qatar has been ruled as an absolute and hereditary emirate by the Al Thani family since the mid-19th century. In 2010, Qatar had the world's highest GDP per capita, while the economy grew by 19%, the fastest in the world. The main drivers for this rapid growth are attributed to ongoing increases in production and exports of liquefied natural gas, oil, petrochemicals, and related industries. Qatar has the second-highest human development in the Arab World after the United Arab Emirates.
With a small citizen population of fewer than 2 500 000 people, the Qatar workforce comprises expatriates from other Arab nations (20% of population), the Indian subcontinent (India 20%, Nepal 13%, Pakistan 7%, Sri Lanka 5%), Southeast Asia (Philippines 10%), and other countries (5%). Qatar has attracted an estimated $100 billion in investment, with approximately $60 to $70 billion coming from the United States in the energy sector. It is estimated that Qatar will invest over $120 billion in the energy sector in the next ten years.