Qatar GDP Growth Rate  2004-2016 | Data | Chart | Calendar | Forecast

Qatar's gross domestic product contracted by 2.6 percent on quarter in the first three months of 2016, after showing no growth in the previous period. It was the sharpest contraction since the fourth quarter of 2013. GDP Growth Rate in Qatar averaged 3.42 percent from 2004 until 2016, 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 reported by the Qatar Statistics Authority.

Qatar GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-2.60 0.00 14.40 -23.20 2004 - 2016 percent Quarterly
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-06-30 10:20 AM Q1 2013 1.6% 0.1% 1.89%
2016-08-25 08:20 AM Q1 -2.6% 0%

Qatar GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.60 0.00 14.40 -23.20 percent [+]
GDP Annual Growth Rate 1.10 3.90 32.90 -15.30 percent [+]
GDP 166.91 210.11 210.11 0.30 USD Billion [+]
Gross Fixed Capital Formation 1188481.00 1297042.00 1331454.00 907985.00 QAR Million [+]
GDP per capita 75117.36 74632.24 75117.36 60736.57 USD [+]
GDP per capita PPP 135321.69 134447.76 135321.69 109415.12 USD [+]




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Qatar -2.60 Mar/16
Trinidad And Tobago -3.90 Mar/16