Qatar GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Qatar expanded 6.20 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Qatar averaged 10.60 Percent from 2009 until 2014, 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. GDP Annual Growth Rate in Qatar is reported by the Qatar Statistics Authority.
||2009 - 2014
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 - Qatar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.