Qatar's GNI hits USD50m in Q1


(MENAFN) Qatar"s Gross National Income (GNI at current prices) was estimated at USD50.38 billion in the first quarter compared to USD48.87 billion in the first quarter 2013, according to the Peninsula Qatar.

GNI results from adding net factor income from abroad (NFIA) to Gross Domestic Product (GDP).
The NFIA is the difference between incomes paid to the rest of the world and incomes received from rest of the world (from all sources, including income form properties).

National income (year-on-year basis) saw a 3.2 percent rise due to the 7.4 percent drop the net outflow of property income from Qatar saw in the first quarter of the current year compared to the same quarter 2013.

On quarter-on-quarter basis, GNI in the first quarter 2014 has boosted by 4 percent compared to the GNI of the first quarter 2013.


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