Gross domestic product (GDP) in Qatar
Qatar: Gross domestic product (GDP) was 347.97 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
347.97 billion international-$ in 2021 prices
Change on year
down 1.4%
World rank
59th
of 184 countries
All-time high
437.88 billion international-$ in 2021 prices
in 2013
All-time low
12.90 billion international-$ in 2021 prices
in 1970
Years of data
54
1970–2023
Gross domestic product (GDP) in Qatar, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Qatar recorded 347.97 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
Compared with earlier readings it is down 1.4% on the previous year and down 20.5% over ten years.
Over the whole period, gross domestic product (gdp) in Qatar peaked at 437.88 billion international-$ in 2021 prices in 2013 and was at its lowest, 12.90 billion international-$ in 2021 prices, in 1970.
That places Qatar 59th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Qatar, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 12.90 billion international-$ in 2021 prices | — |
| 1971 | 13.86 billion international-$ in 2021 prices | +7.4% |
| 1972 | 16.69 billion international-$ in 2021 prices | +20.5% |
| 1973 | 18.49 billion international-$ in 2021 prices | +10.8% |
| 1974 | 19.61 billion international-$ in 2021 prices | +6.0% |
| 1975 | 20.22 billion international-$ in 2021 prices | +3.1% |
| 1976 | 20.28 billion international-$ in 2021 prices | +0.3% |
| 1977 | 17.80 billion international-$ in 2021 prices | -12.2% |
| 1978 | 20.42 billion international-$ in 2021 prices | +14.7% |
| 1979 | 21.95 billion international-$ in 2021 prices | +7.5% |
| 1980 | 22.84 billion international-$ in 2021 prices | +4.0% |
| 1981 | 21.62 billion international-$ in 2021 prices | -5.3% |
| 1982 | 18.63 billion international-$ in 2021 prices | -13.8% |
| 1983 | 17.45 billion international-$ in 2021 prices | -6.3% |
| 1984 | 19.74 billion international-$ in 2021 prices | +13.1% |
| 1985 | 16.08 billion international-$ in 2021 prices | -18.6% |
| 1986 | 13.11 billion international-$ in 2021 prices | -18.5% |
| 1987 | 14.06 billion international-$ in 2021 prices | +7.2% |
| 1988 | 14.30 billion international-$ in 2021 prices | +1.8% |
| 1989 | 15.99 billion international-$ in 2021 prices | +11.8% |
| 1990 | 19.45 billion international-$ in 2021 prices | +21.7% |
| 1991 | 16.89 billion international-$ in 2021 prices | -13.2% |
| 1992 | 16.98 billion international-$ in 2021 prices | +0.5% |
| 1993 | 16.52 billion international-$ in 2021 prices | -2.7% |
| 1994 | 16.60 billion international-$ in 2021 prices | +0.5% |
| 1995 | 17.95 billion international-$ in 2021 prices | +8.1% |
| 1996 | 18.39 billion international-$ in 2021 prices | +2.5% |
| 1997 | 24.19 billion international-$ in 2021 prices | +31.6% |
| 1998 | 23.25 billion international-$ in 2021 prices | -3.9% |
| 1999 | 30.83 billion international-$ in 2021 prices | +32.6% |
| 2000 | 44.20 billion international-$ in 2021 prices | +43.4% |
| 2001 | 47.72 billion international-$ in 2021 prices | +7.9% |
| 2002 | 46.80 billion international-$ in 2021 prices | -1.9% |
| 2003 | 67.19 billion international-$ in 2021 prices | +43.6% |
| 2004 | 83.70 billion international-$ in 2021 prices | +24.6% |
| 2005 | 116.41 billion international-$ in 2021 prices | +39.1% |
| 2006 | 152.80 billion international-$ in 2021 prices | +31.3% |
| 2007 | 188.41 billion international-$ in 2021 prices | +23.3% |
| 2008 | 259.19 billion international-$ in 2021 prices | +37.6% |
| 2009 | 226.26 billion international-$ in 2021 prices | -12.7% |
| 2010 | 285.48 billion international-$ in 2021 prices | +26.2% |
| 2011 | 388.25 billion international-$ in 2021 prices | +36.0% |
| 2012 | 420.71 billion international-$ in 2021 prices | +8.4% |
| 2013 | 437.88 billion international-$ in 2021 prices | +4.1% |
| 2014 | 414.29 billion international-$ in 2021 prices | -5.4% |
| 2015 | 318.11 billion international-$ in 2021 prices | -23.2% |
| 2016 | 316.13 billion international-$ in 2021 prices | -0.6% |
| 2017 | 334.00 billion international-$ in 2021 prices | +5.7% |
| 2018 | 343.68 billion international-$ in 2021 prices | +2.9% |
| 2019 | 356.55 billion international-$ in 2021 prices | +3.7% |
| 2020 | 320.20 billion international-$ in 2021 prices | -10.2% |
| 2021 | 327.60 billion international-$ in 2021 prices | +2.3% |
| 2022 | 353.05 billion international-$ in 2021 prices | +7.8% |
| 2023 | 347.97 billion international-$ in 2021 prices | -1.4% |
Qatar compared with similar countries
- Qatar's 347.97 billion international-$ in 2021 prices is above the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 1.3× the median. (66 countries reporting)
- Qatar's 347.97 billion international-$ in 2021 prices is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 266.11 billion international-$ in 2021 prices, 1.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.22 billion international-$ in 2021 prices | 12.90 billion international-$ in 2021 prices | 21.95 billion international-$ in 2021 prices | 10 |
| 1980s | 17.38 billion international-$ in 2021 prices | 13.11 billion international-$ in 2021 prices | 22.84 billion international-$ in 2021 prices | 10 |
| 1990s | 20.11 billion international-$ in 2021 prices | 16.52 billion international-$ in 2021 prices | 30.83 billion international-$ in 2021 prices | 10 |
| 2000s | 123.27 billion international-$ in 2021 prices | 44.20 billion international-$ in 2021 prices | 259.19 billion international-$ in 2021 prices | 10 |
| 2010s | 361.51 billion international-$ in 2021 prices | 285.48 billion international-$ in 2021 prices | 437.88 billion international-$ in 2021 prices | 10 |
| 2020s | 337.20 billion international-$ in 2021 prices | 320.20 billion international-$ in 2021 prices | 353.05 billion international-$ in 2021 prices | 4 |
Countries ranked near Qatar
- 56 Portugal 382.11 billion international-$ in 2021 prices compare
- 57 Greece 351.55 billion international-$ in 2021 prices compare
- 58 Uzbekistan 349.17 billion international-$ in 2021 prices compare
- 60 Morocco 341.82 billion international-$ in 2021 prices compare
- 61 Hungary 339.90 billion international-$ in 2021 prices compare
- 62 Kenya 315.39 billion international-$ in 2021 prices compare
More economy & growth data for Qatar
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9074 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.61 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.34 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0155 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,125 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 559.11 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0141 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,020 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 3.45 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Qatar?
- Gross domestic product (gdp) in Qatar was 347.97 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Qatar?
- The highest recorded value was 437.88 billion international-$ in 2021 prices in 2013.
- What is the lowest gross domestic product (gdp) recorded in Qatar?
- The lowest recorded value was 12.90 billion international-$ in 2021 prices in 1970.
- How does Qatar rank for gross domestic product (gdp)?
- Qatar ranks 59th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Qatar?
- Over the last ten years it is down 20.5%. The long-run trend across the full record is volatile.
- Where does this Qatar data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.