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Qatar's $129,000 Average Income Is Double Saudi Arabia's: Chart

Qataris are feeling the economic squeeze after three Gulf neighbors cut diplomatic ties and most official trade links over the emirate’s perceived support for terrorist groups. Qatar has been the world’s richest nation based on a per-capita purchasing power parity basis since 1998, when it surpassed the United Arab Emirates, according to data compiled by the International Monetary Fund. Average income in the gas-rich emirate this year was projected at $129,112, about 12 percent more than the U.S. and Saudi Arabia’s combined -- though down from a peak of $147,854 in 2011, IMF data show.