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

Qatar's economy grew only 0.6 percent year-on-year in the second quarter of 2017, following a 2.5% expansion in the previous period. It was the lowest rate since 2009 global crisis, as the mining and quarrying sector shrank 2.7% as a result of a cut in output in December 2016; and sanctions imposed by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt disrupted transport links. Non-oil growth eased 3.9% from 4.9% in the first quarter. The output rose slower for construction (15.3% from 15.7%); and financial and insurance activities (4.8% from 10.1%), while it was flat for manufacturing (-1.4% in Q1). On a quarterly basis, the economy grew 0.5%. GDP Annual Growth Rate in Qatar averaged 7.19 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 TEForecast
2017-04-03 08:00 AM GDP Growth Rate YoY 1.7% 3.9% 3.5%
2017-06-22 08:30 AM GDP Growth Rate YoY 2.5% 1.7% 4.8%
2017-10-11 12:10 PM GDP Growth Rate YoY 0.6% 2.4% 2.1%


Qatar GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 -1.50 14.40 -23.20 percent [+]
GDP Annual Growth Rate 0.60 2.40 32.90 -15.30 percent [+]
GDP 152.50 164.60 206.20 0.30 USD Billion [+]
Gross Fixed Capital Formation 53630.00 63085.00 72260.00 53630.00 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 198601.00 197610.00 205047.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 2.40 32.90 -15.30 2009 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17