The Gross Domestic Product (GDP) in Qatar contracted 0.90 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Qatar averaged 2.46 percent from 2004 until 2019, 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.

GDP Growth Rate in Qatar is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Qatar to stand at 1.30 in 12 months time. In the long-term, the Qatar GDP Growth Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.

Qatar GDP Growth Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-03 05:00 AM GDP Growth Rate QoQ Q3 4% 1.2% 2.2%
2019-03-31 07:45 AM GDP Growth Rate QoQ Q4 -1.2% 3.5% 0.4%
2019-07-04 05:00 AM GDP Growth Rate QoQ Q1 -2.6% -1.2% 1.5%
2019-10-01 06:00 AM GDP Growth Rate QoQ Q2 -0.9% -2.6% 1%
2019-12-31 07:00 AM GDP Growth Rate QoQ Q3 -0.9% 1.1%


Qatar GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.90 -2.60 14.40 -23.20 percent [+]
GDP Annual Growth Rate -1.40 0.90 32.90 -15.30 percent [+]
GDP 192.01 166.93 206.22 0.30 USD Billion [+]
Gross Fixed Capital Formation 78618.00 79190.00 79190.00 53360.00 QAR Million [+]
GDP per capita 63222.10 63632.60 69679.10 60837.50 USD [+]
GDP per capita PPP 112531.50 113262.20 124024.60 108287.20 USD [+]
GDP From Agriculture 308.00 312.00 312.00 154.00 QAR Million [+]
GDP From Construction 21450.00 22456.00 25297.00 7311.00 QAR Million [+]
GDP From Manufacturing 20446.00 20511.00 22517.00 14798.00 QAR Million [+]
GDP From Mining 95278.00 96374.00 103445.00 95257.00 QAR Million [+]
GDP From Public Administration 11128.00 10920.00 12046.00 6990.00 QAR Million [+]
GDP From Services 14419.00 14264.00 15481.00 7209.00 QAR Million [+]
GDP From Transport 4871.00 5026.00 5026.00 3100.00 QAR Million [+]
GDP From Utilities 1122.00 721.00 1136.00 319.00 QAR Million [+]
GDP Constant Prices 200205.00 202123.00 209901.00 190227.00 QAR Million [+]


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. This page provides - Qatar GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Qatar GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 -2.60 14.40 -23.20 2004 - 2019 percent Quarterly




Country Last Previous
Indonesia 4.20 Jun/19
South Africa 3.10 Jun/19
United States 2.00 Jun/19
China 1.60 Jun/19
Turkey 1.20 Jun/19
India 1.00 Jun/19
South Korea 1.00 Jun/19
Canada 0.90 Jun/19
Singapore 0.60 Sep/19
Australia 0.50 Jun/19
Brazil 0.40 Jun/19
Netherlands 0.40 Jun/19
Spain 0.40 Jun/19
France 0.30 Jun/19
Japan 0.30 Jun/19
Switzerland 0.30 Jun/19
Euro Area 0.20 Jun/19
Russia 0.20 Jun/19
Italy 0.00 Jun/19
Mexico 0.00 Jun/19
Saudi Arabia 0.00 Mar/19
Germany -0.10 Jun/19
United Kingdom -0.20 Jun/19
Argentina -0.30 Jun/19


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