Qatar GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Qatar expanded 5.60 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Qatar is reported by the Qatar Statistics Authority. GDP Annual Growth Rate in Qatar averaged 10.82 Percent from 2009 until 2013, 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. 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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.60 6.90 32.90 -15.30 4.35 | 2013/12 2009 - 2013 Percent Quarterly

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Qatar GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-30 10:20 AM Qatar
GDP Growth Rate YoY
Q1 2013 6.2% 6.6% 8.08%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 183.38 2012-12-31 172.98 183.38 0.30 241.30 2014-06-30 USD Billion [+]
GDP Growth Rate 0.60 2013-12-31 3.40 14.40 -23.20 2.41 2013-12-31 Percent [+]
GDP Annual Growth Rate 5.60 2013-12-31 6.90 32.90 -15.30 4.35 2013-12-31 Percent [+]
Gross Fixed Capital Formation 1188481.00 2013-02-15 1297042.00 1331454.00 907985.00 1283793.15 2013-12-31 QAR Million [+]
GDP per capita 57558.72 2011-12-31 52913.47 57558.72 48667.20 66354.20 2014-06-30 USD [+]
GDP per capita PPP 76319.47 2011-12-31 70160.15 76319.47 64529.85 87981.76 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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Qatar Current Account at 51181.00 QAR Million  
Qatar recorded a Current Account surplus of 51181 QAR Million in the fourth quarter of 2013. Current Account in Qatar is reported by the Qatar Central Bank.
Qatar Balance of Trade at 92260.00 QAR Million  
Qatar recorded a trade surplus of 92260 QAR Million in the fourth quarter of 2013. Balance of Trade in Qatar is reported by the Qatar Central Bank.
Qatar Imports at 28678.00 QAR Million  
Imports in Qatar decreased to 28678 QAR Million in the fourth quarter of 2013 from 29201 QAR Million in the third quarter of 2013. Imports in Qatar is reported by the Qatar Central Bank.
Qatar Exports at 120938.00 QAR Million  
Exports in Qatar decreased to 120938 QAR Million in the fourth quarter of 2013 from 123976 QAR Million in the third quarter of 2013. Exports in Qatar is reported by the Qatar Central Bank.
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Crude Oil Production in Qatar remained unchanged at 1200 Thousands Barrels per Day in October of 2013 from 1200 Thousands Barrels per Day in September of 2013. Crude Oil Production in Qatar is reported by the U.S. Energy Information Administration.
Qatar Consumer Price Index (CPI) at 116.50 Index Points  
Consumer Price Index (CPI) in Qatar increased to 116.50 Index Points in February of 2014 from 115.90 Index Points in January of 2014. Consumer Price Index (CPI) in Qatar is reported by the Qatar Statistics Authority.
Qatar Government Budget Value at 82583.00 QAR Million  
Qatar recorded a government budget surplus of 82583 QAR Million in 2012. Government Budget Value in Qatar is reported by the Ministry of Economy and Finance, Qatar.
Qatar Government Spending at 146388.00 QAR Million  
Government Spending in Qatar increased to 146388 QAR Million in 2012 from 123792 QAR Million in 2011. Government Spending in Qatar is reported by the Qatar Statistics Authority.
Qatar Inflation Rate at 2.60 Percent  
The inflation rate in Qatar was recorded at 2.60 percent in March of 2014. Inflation Rate in Qatar is reported by the Qatar Statistics Authority.
Qatar Foreign Exchange Reserves at 146324.30 QAR Million  
Foreign Exchange Reserves in Qatar decreased to 146324.30 QAR Million in February of 2014 from 151100 QAR Million in January of 2014. Foreign Exchange Reserves in Qatar is reported by the Qatar Central Bank.
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