The gross domestic product of Qatar expanded by 2.2 percent year-on-year in the third quarter of 2018, following a downwardly revised 1.7 percent advance in the previous quarter. It was the highest pace of expansion since the last quarter of 2017. Positive contributions to growth came from construction (12.1 percent); financial & insurance activities (6.8 percent); wholesale & retail trade; repair of motor vehicles & motorcycles (1.4 percent); public administration; compulsory social security (3 percent) and real estate activities (3.2 percent). On the other hand, negative growth was recorded from mining & quarrying (-0.1 percent); manufacturing (-2 percent) and professional, scientific & technical activities; administrative & support activities (-0.4 percent). On a quarterly basis, the economy advanced 4 percent, after a downwardly revised 1.2 percent in Q2. GDP Annual Growth Rate in Qatar averaged 6.49 percent from 2009 until 2018, reaching an all time high of 32.90 percent in the first quarter of 2010 and a record low of -15.30 percent in the second quarter of 2009.

GDP Annual Growth Rate in Qatar is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Qatar to stand at 2.50 in 12 months time. In the long-term, the Qatar GDP Annual Growth Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Qatar GDP Annual Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-03-29 10:30 AM GDP Growth Rate YoY 1.8% 1.9% 2.5%
2018-07-01 11:00 AM GDP Growth Rate YoY 1.4% 1.8% 2.5%
2018-10-07 11:00 AM GDP Growth Rate YoY 2.5% 2% 1.9%
2019-01-03 05:00 AM GDP Growth Rate YoY 2.2% 1.7% 2.5%
2019-04-01 05:00 AM GDP Growth Rate YoY 2.2% 2.2%
2019-07-01 11:00 AM GDP Growth Rate YoY 2.7%
2019-10-07 11:00 AM GDP Growth Rate YoY 2.2%


Qatar GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.00 1.20 14.40 -23.20 percent [+]
GDP Annual Growth Rate 2.20 1.70 32.90 -15.30 percent [+]
GDP 167.61 152.45 206.22 0.30 USD Billion [+]
Gross Fixed Capital Formation 80146.00 71962.00 80146.00 53360.00 QAR Million [+]
GDP per capita 65696.39 66410.80 72671.00 60460.40 USD [+]
GDP per capita PPP 116935.60 118207.10 129349.90 107615.90 USD [+]
GDP From Agriculture 299.00 303.00 303.00 154.00 QAR Million [+]
GDP From Construction 25297.00 23716.00 25297.00 7311.00 QAR Million [+]
GDP From Manufacturing 22074.00 22060.00 22517.00 14798.00 QAR Million [+]
GDP From Mining 98815.00 95257.00 103445.00 94349.00 QAR Million [+]
GDP From Public Administration 10851.00 10838.00 12046.00 6990.00 QAR Million [+]
GDP From Services 15041.00 13939.00 15041.00 7209.00 QAR Million [+]
GDP From Transport 4807.00 4563.00 4807.00 3100.00 QAR Million [+]
GDP From Utilities 999.00 864.00 1136.00 319.00 QAR Million [+]
GDP Constant Prices 210771.00 202734.00 210771.00 190227.00 QAR Million [+]


Qatar GDP Annual Growth Rate

As Qatar has vast oil and natural gas reserves, mining is the main driver of the economy, contributing 58 percent of GDP. The second biggest sector is Services which accounts for 28 percent of total output. Within services the most important segments are: finance, insurance, real estate and business services (12 percent); government services (7 percent) and trade, restaurants and hotels (6 percent). The remaining 14 percent is contributed by manufacturing and construction. This page 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. Qatar GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.70 32.90 -15.30 2009 - 2018 percent Quarterly




Country Last Previous
India 7.10 Sep/18
China 6.50 Sep/18
Indonesia 5.17 Sep/18
United States 3.00 Sep/18
Australia 2.80 Sep/18
Mexico 2.50 Sep/18
Saudi Arabia 2.50 Sep/18
Netherlands 2.40 Sep/18
Spain 2.40 Sep/18
Switzerland 2.40 Sep/18
Singapore 2.20 Dec/18
Canada 2.10 Sep/18
South Korea 2.00 Sep/18
Euro Area 1.60 Sep/18
Turkey 1.60 Sep/18
Russia 1.50 Sep/18
United Kingdom 1.50 Sep/18
France 1.40 Sep/18
Brazil 1.30 Sep/18
Germany 1.10 Sep/18
South Africa 1.10 Sep/18
Italy 0.70 Sep/18
Japan 0.00 Sep/18
Argentina -3.50 Sep/18


Related

Latest