Qatar is a small country in the east of the Arabian Peninsula, but don't let its size fool you, it has enough natural resources in the form of oil and natural gas to become an economical powerhouse to be reckon with someday.
Most of Qatar's original economic activities depended on the ocean too, they focused their economic activities on fishing and pearl hunting, until Japan's cultured pearl set them off the competence, around the 1920's and the 1930's. Then, the country's economy went through a big change after they first discovered oil over their territory, the Dukhan Field, an oil field, started producing in 1940. Today, Qatar can offer its citizens a high-standard life.
Nowadays, Qatar ranks really high in the UN’s HDI (Human Development Index) ranking, this list uses data such as “per capita income”, life expectancy and education to measure a country's Human development. In this list Qatar greatly surpasses countries like India and China who have been said to have better economies than Qatar, this proves that with proper investment and time to expand its infrastructure, Qatar has the capability and potential to surpass even more emerging countries and someday be recognized as a great country with great power.
The extreme potential of Qatar lays on its abundance of natural resources with an infrastructure of over 400 oil wells and having the third largest proven natural gas reserves in the world, which is crazy, taking in consideration the country’s size, being “held down” only by Iran and Russia in this department. In the oil ranking, Qatar isn't that far behind being part in the top 15 of largest oil proven reserves.
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