The Gross Domestic Product (GDP) in Qatar contracted 0.30 percent in the first quarter of 2022 over the previous quarter. source: Qatar Statistics Authority

GDP Growth Rate in Qatar averaged 1.86 percent from 2004 until 2022, reaching an all time high of 14.40 percent in the second quarter of 2008 and a record low of -23.20 percent in the fourth quarter of 2008. This page provides - Qatar GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

GDP Growth Rate in Qatar is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar GDP Growth Rate is projected to trend around 3.50 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Qatar GDP Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 07:00 AM Q4 -0.9% 4% 3%
2022-07-05 05:10 AM Q1 -0.3% -0.9% 1.1%
2022-10-04 03:40 AM Q2


Related Last Previous Unit Reference
GDP Growth Rate -0.30 -0.90 percent Mar 2022
GDP Annual Growth Rate 2.50 2.00 percent Mar 2022
Gross Fixed Capital Formation 67876.00 56832.00 QAR Million Jun 2021
GDP From Utilities 1211.00 1264.00 QAR Million Mar 2022
GDP From Transport 6361.00 5557.00 QAR Million Mar 2022
GDP From Services 13400.00 15365.00 QAR Million Mar 2022
GDP From Public Administration 13384.00 12831.00 QAR Million Mar 2022
GDP From Mining 61801.00 61253.00 QAR Million Mar 2022
GDP From Manufacturing 12238.00 12905.00 QAR Million Mar 2022
GDP From Construction 21359.00 20469.00 QAR Million Mar 2022
GDP From Agriculture 482.00 440.00 QAR Million Mar 2022
GDP Constant Prices 166262.00 166681.00 QAR Million Mar 2022

Qatar GDP Growth Rate
Qatar is one of the wealthiest countries in the world in terms of GDP per capita. Qatar's economy is highly dependent on oil and gas extraction which accounts for more than 50% of GDP, 85% of export earnings, and 70% of government revenues. Since proven oil and gas reserves are estimated to sustain current production levels only for the medium run, the government has been making efforts to diversify the economy into a sustainable long-term income model. This includes investments in the petrochemical sector, promotion of a business tourism sector and reforms in its financial sector.
Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.90 14.40 -23.20 2004 - 2022 percent Quarterly