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 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.

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 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).

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In the school year 2018/2019, the number of female public primary school students in Qatar reached more than ** thousand, in comparison to around ** thousand male students. In the same year, the total number of female students in Qatar reached around *** thousand females, almost the same number as their male counterparts.

 Demographics of Qatar

Qatar is an independent emirate and one of the six members of the Gulf Cooperation Council (GCC). The country covers an area of ****** square kilometers, and its capital city is Doha. In 2019, more than two million males were living in Qatar, while females in the emirate numbered less than half of that. The majority of the population residing in the country are migrants. In 2018, the non-Qatari labor force participation rate was less than double that of Qataris.

 The transformation of Qatar’s economy 

 Since its complete independence from Britain in 1971, Qatar has been one of the world’s most important producers of oil and gas. Before that, it was a British protectorate known for pearling. Aiming towards a diversified economy, the country has witnessed increasing investments in non-energy sectors. The share of oil rents in the GDP of Qatar in 2017 reached half the share of 2010.

In 2023, there were *** hotels in Qatar after the addition of two new hotels in the one and two-star categories. Five-star hotels comprised more than **** the total number of hotels with **. These five-star hotels served over **** million guests in 2023 alone. Qatar’s future promise Given the evolving global landscape and a strategic push for economic diversification, Qatar is creating a course towards a sustainable societal future, steering away from its reliance on oil and natural resource trade. Leading this transformation, the Qatar Tourism Authority has launched campaigns with the goal of drawing in approximately *** million visitors annually by 2030, positioning Qatar as the fastest-growing tourist destination in the Middle East. The 2022 FIFA World Cup, which took place in Qatar, provided an incentive for constructing additional hotels to accommodate the event and served as a catalyst to enhance the overall industry's capacity for future expansion. The number of nights spent at five-star hotels in Qatar in 2022 was approximately *** million. Besides being characterized by luxury hotels, the hotel industry in Qatar also has a healthy occupancy rate, listing second in average occupancy rate of branded hotels among Gulf Cooperation Council countries between 1998 and 2019. Tourism and economy in Qatar While the contribution share of tourism to the gross domestic product (GDP) in Qatar is modest compared to the oil and gas sector, tourism contribution to GDP in the Middle East and North Africa region in 2020 was the highest in Qatar, with a *** percent contribution rate. The country's tourism sector has made steady improvements over the years. For example, the number of cruise passengers in Qatar experienced rapid growth between 2015 and 2019. The economic significance of tourism is expected to grow, with a total economic contribution of tourism and travel to the GDP of Qatar forecasted to reach around ***** billion Qatari Riyals in 2028.

According to data from the World Tourism Organization (UNWTO), in 2021, the number of rooms in hotels and similar establishments in Qatar amounted to around ** thousand. This was an increase from almost ten thousand rooms in 2011.

 Hotel industry in Qatar

In 2022, Qatar hosted the FIFA World Cup. The number of international tourist arrivals in Qatar was forecasted to reach over one million in that year. Over ** percent of hotel projects in Doha were planned to be completed by 2022. The completion of hotel projects promised to increase the number of rooms in the capital city of Qatar from ** thousand in 2018 to ** thousand in 2022.

 Qatar’s GDP and FIFA World Cup 2022

The expenditure of the International Federation of Association Football (FIFA) on the Qatar World Cup was more than *** billion U.S. dollars. Sources predicted that the gross domestic product (GDP) growth in Qatar would soar from *** percent in 2019 to about *** percent in 2022. The contribution of the country’s tourism sector to its economy is expected to continue rising after the World Cup to almost reach ** billion U.S. dollars by 2028.