The Gross Domestic Product (GDP) in Qatar expanded 3.70 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Qatar GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Qatar was worth 217.98 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Qatar represents 0.21 percent of the world economy. This dataset provides - Qatar GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Qatar was estimated at about 221.45 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 214.78 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 70.75 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The growth of the real gross domestic product (GDP) in Qatar was estimated at about 2.37 percent in 2024. From 1980 to 2024, the growth rose by approximately 3.39 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 1.03 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Qatar expanded 0.30 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Qatar GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Qatar Real GDP Growth

• The Gross Domestic Product (GDP) in Qatar expanded 2.0 % YoY in Sep 2024, following a growth of 0.7 % in the previous quarter.
• Real GDP Growth YoY data in Qatar is updated quarterly, available from Mar 2012 to Sep 2024, with an average rate of 2.4 %.
• The data reached an all-time high of 6.9 % in Dec 2014 and a record low of -5.8 % in Jun 2020.

CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The National Planning Council provides Real GDP in local currency, at 2018 prices.


Related information about Qatar Real GDP Growth

• In the latest reports, Nominal GDP of Qatar reached 60.6 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 16.9 % in Dec 2022.
• GDP Per Capita in Qatar reached 65,274.7 USD in Dec 2021.
• Its Gross Savings Rate was measured at 66.3 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 24.3 % in Dec 2022.
• Public Consumption accounted for 13.1 % in Dec 2022.
• Private Consumption accounted for 20.6 % in Dec 2022.

The gross domestic product (GDP) per capita in Qatar was estimated at about 71.58 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 44.34 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 20.09 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The Gross Domestic Product per capita in Qatar was last recorded at 62188.83 US dollars in 2024. The GDP per Capita in Qatar is equivalent to 492 percent of the world's average. This dataset provides - Qatar GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Qatar Nominal GDP Growth

• Qatar Nominal GDP Growth was reported at 1.759 % in Sep 2024.
• This records an increase from the previous number of 1.704 % for Jun 2024.
• Qatar Nominal GDP Growth data is updated quarterly, averaging 3.104 % from Mar 2012 to Sep 2024, with 51 observations.
• The data reached an all-time high of 39.489 % in Sep 2021 and a record low of -27.545 % in Jun 2020.
• Qatar Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Planning Council provides Nominal GDP in local currency.

Graph and download economic data for Gross Domestic Product for Qatar (MKTGDPQAA646NWDB) from 1970 to 2024 about Qatar and GDP.

The ratio of national debt to gross domestic product (GDP) of Qatar was estimated at approximately 40.84 percent in 2024. Between 1990 and 2024, the ratio rose by around 28.25 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 5.41 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

GDP per capita (current US$) in Qatar was reported at 76276 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Qatar - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2024, the ratio of government expenditure to GDP in Qatar was estimated at approximately 25.76 percent. Between 1990 and 2024, the figure dropped by around 24.22 percentage points, though the decline followed an uneven course rather than a steady trajectory. The ratio is forecast to decline by about 1.50 percentage points from 2024 to 2030, fluctuating as it trends downward.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

Key information about Qatar Consolidated Fiscal Balance: % of GDP

• Qatar Consolidated Fiscal Balance registered a surplus equal to 0.0 % of its Nominal GDP in Sep 2024, compared with a surplus equal to 1.3 % in the previous quarter
• Qatar Consolidated Fiscal Balance to GDP data is updated quarterly, available from Mar 2011 to Sep 2024, with an average ratio of 1.0 %
• The data reached an all-time high of 54.9 % in Sep 2012 and a record low of -17.9 % in Dec 2016

The National Planning Council provides quarterly Consolidated Fiscal Balance as % of Nominal GDP.


Further information about Qatar Consolidated Fiscal Balance: % of GDP

• In the latest reports, Qatar National Government Debt reached 26.5 USD bn in Mar 2012
• Qatar Nominal GDP reached 60.6 USD bn in Dec 2022

Key information about Qatar Foreign Exchange Reserves: % of GDP

• Qatar Foreign Exchange Reserves: % of GDP was reported at 19.692 % in Sep 2024
• This records a decrease from the previous number of 20.049 % for Jun 2024
• Qatar Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 19.742 % from Dec 2010 to Sep 2024, with 56 observations
• The data reached an all-time high of 25.923 % in Mar 2021 and a record low of 8.179 % in Dec 2017
• Qatar Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. Qatar Central Bank provides Foreign Exchange Reserves in local currency. The National Planning Councily provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to Q4 2011 is based on SNA 1993.

The Gross Domestic Product per capita in Qatar was last recorded at 110945.88 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Qatar, when adjusted by Purchasing Power Parity is equivalent to 625 percent of the world's average. This dataset provides - Qatar GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Qatar was estimated at about 0.18 percent in 2024. From 1980 to 2024, the share rose by approximately 0.08 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the share will rise by around 0.01 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.

Key information about Qatar Public Consumption: % of GDP

• Qatar Public Consumption accounted for 13.1 % of its Nominal GDP in Dec 2022, compared with a share of 12.7 % in the previous quarter.
• Qatar Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2013 to Dec 2022, with an average number of 17.2 %.
• The data reached an all-time high of 25.8 % in Jun 2020 and a record low of 12.3 % in Jun 2022.

CEIC calculates quarterly Public Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The National Planning Council provides Government Consumption Expenditure and Nominal GDP in local currency.


Related information about Qatar Public Consumption: % of GDP

• In the latest reports, Qatar GDP expanded 0.8 % YoY in Jun 2024.
• Qatar Nominal GDP reached 60.6 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 16.9 % in Dec 2022.
• Qatar GDP Per Capita reached 65,274.7 USD in Dec 2021.
• Its Gross Savings Rate was measured at 66.3 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 24.3 % in Dec 2022.
• Private Consumption accounted for 20.6 % in Dec 2022.

Qatar Gross Domestic Product (GDP) data was reported at 202,675.000 QAR mn in Dec 2024. This records a decrease from the previous number of 204,075.000 QAR mn for Sep 2024. Qatar Gross Domestic Product (GDP) data is updated quarterly, averaging 164,892.387 QAR mn from Mar 2011 (Median) to Dec 2024, with 56 observations. The data reached an all-time high of 227,780.688 QAR mn in Sep 2022 and a record low of 114,879.579 QAR mn in Jun 2020. Qatar Gross Domestic Product (GDP) data remains active status in CEIC and is reported by National Planning Council. The data is categorized under Global Database’s Qatar – Table QA.A005: SNA 2008: GDP: by Industry: ISIC Rev. 4: Current Price.

In 2024, the budget balance in relation to the gross domestic product (GDP) in Qatar was estimated at about 0.70 percent. Between 1990 and 2024, the figure dropped by approximately 2.53 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the budget balance will rise by around 2.02 percentage points, showing an overall upward trend with periodic ups and downs.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.