The emirate of Qatar is a small peninsula of 11.500 square kilometers placed in the Persian Gulf, with around 2 million people, of whom only 40% are Arabs and over 36% are original of Hindu Valley.
Since the independence (1971) Qatar prospered thanks to the large crude oil reserves, but in the last ten years a strong plan has been realized to develop financial and service sectors, increasing private and foreign investments in the non-energy sectors. In the 2011, the oil & gas sector counted 50% of GDP and 85% of exports. The GDP was US $ 182 billion with an astonishing 18.7% increase (it was 16.6% in 2010 and 12.0% in 2009), with a pro capita income of US $ 102.700 (the world's second), more than double than USA. Unemployment is at zero, of course!
Qatar's has been chosen as site for the 2022 FIFA World Cup and this task will accelerate large-scale infrastructure developments such as Qatar's metro system and the Qatar-Bahrain highway.
The Qatar light vehicles market kept its magic moment keeping growing again in July 2013 by 16.5% from last year. Following a weak first half, Hyundai performed well thanks to strong registrations on Elantra and Tucson both in top ten.
The Qatar light vehicles market kept its momentum in first half 2013, posting a robust 17% year on year increase, a bit better than foreseen. Toyota confirmed the dominion in the market as Hilux was again the bestselling model.
The Qatar car market boomed in the 2012, posting the new all-time record and surging 34.6% from the previous year. In December the market was up 12.2%. Remarkable performance posted in the year by Ford and Lexus, doubling share.
In May, Qatar's car sales were 8.180, up 71% from last year, posting the 19th consecutive growing month. Year to date sales in May were 35.401, up 40.2% from 2011. Toyota dominates the market and in May achieved 41% market share.