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. 2014-04-18

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 0.30 220.65 2013-12-31 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 57810.67 2012-12-31 USD [+]
GDP per capita PPP 76319.47 2011-12-31 70160.15 76319.47 64529.85 76653.54 2012-12-31 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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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  
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