Top 5 Developing Countries in the World in 2024

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1. Qatar

GDP per capita: $84,898.64

Qatar is an independent emirate located on the west coast of the Persian Gulf. Despite its small size, the country holds significant influence as a trusted mediator between rivals in the region. Additionally, Qatar is renowned as one of the world’s largest exporters of natural gas.

At present, Qatar’s GDP stands at 246.36 billion US dollars. The real GDP growth rate from the preceding year, 2023, is recorded at 2.2 percent. This indicates a steady economic progression, underscoring Qatar’s pivotal role in the global energy market and diplomatic landscape.

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