Qatar GDP Annual Growth Rate  2009-2017 | Data | Chart | Calendar

Qatar's economy grew 2.5 percent year-on-year in the first quarter of 2017, following a 1.7 percent expansion in the previous period, as output rose at a faster pace for construction (15.7 percent from 14 percent in Q4 2016), and financial and insurance activities (10.1 percent from 6.8 percent in Q4). Growth slowed for wholesale and retail trade, repair of motor vehicles and motorcycles (1.4 percent from 5.6 percent in Q4), real estate activities (5.8 percent from 8.8 percent in Q4), and public administration; compulsory social security (4.6 percent from 7.1 percent in Q4); while mining and quarrying showed no growth (-6.4 percent in Q4) and manufacturing contracted 1.4 percent (-0.4 percent in Q4). On a quarterly basis, the economy shrank 1.5 percent. GDP Annual Growth Rate in Qatar averaged 7.39 percent from 2009 until 2017, 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.

Qatar GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-01-05 10:25 AM Q3 3.7% 1.8% 3.50%
2017-04-03 08:00 AM Q4 1.7% 3.9% 3.5%
2017-06-22 08:30 AM Q1 2.5% 1.7% 4.8%
2017-10-26 10:00 AM Q2 2.5% 2.1%

Qatar GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.50 -2.10 14.40 -23.20 percent [+]
GDP Annual Growth Rate 2.50 1.70 32.90 -15.30 percent [+]
GDP 152.50 164.60 206.20 0.30 USD Billion [+]
Gross Fixed Capital Formation 63085.00 65746.00 72260.00 57218.00 QAR Million [+]
GDP per capita 66415.30 67277.20 72671.00 60460.40 USD [+]
GDP per capita PPP 118215.30 119749.40 129349.90 107615.90 USD [+]
Gdp Constant Prices 197695.00 200694.00 205047.00 190227.00 QAR Million [+]

Qatar GDP Annual Growth Rate Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 1.70 32.90 -15.30 2009 - 2017 percent Quarterly

gdp annual growth rate by Country

China 6.90 Jun/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United States 2.10 Mar/17
United Kingdom 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17