Gross Domestic Product — Annual growth Standard Local Currency in Qatar
Qatar: Gross Domestic Product — Annual growth Standard Local Currency was 2.34 % in 2024. ◆ Volatile
Gross Domestic Product — Annual growth Standard Local Currency in Qatar, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Qatar recorded 2.34 % for gross domestic product — annual growth standard local currency in 2024.
That represents a change of up 124.3% on the previous year and down 38.0% over ten years.
Over the whole period, gross domestic product — annual growth standard local currency in Qatar peaked at 44.61 % in 2008 and was at its lowest, -21.57 %, in 2015.
That places Qatar 190th out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Annual growth Standard Local Currency in Qatar, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 32.01 % | — |
| 1972 | 33.35 % | +4.2% |
| 1973 | 32.95 % | -1.2% |
| 1974 | 27.17 % | -17.6% |
| 1975 | 27.08 % | -0.3% |
| 1976 | 30.92 % | +14.2% |
| 1977 | 9.33 % | -69.8% |
| 1978 | 9.71 % | +4.0% |
| 1979 | 39.44 % | +306.2% |
| 1980 | 34.85 % | -11.6% |
| 1981 | 10.13 % | -70.9% |
| 1982 | -12.24 % | -220.7% |
| 1983 | -14.8 % | +20.9% |
| 1984 | 5.94 % | -140.2% |
| 1985 | -10.44 % | -275.6% |
| 1986 | -17.88 % | +71.3% |
| 1987 | 7.79 % | -143.5% |
| 1988 | 10.87 % | +39.6% |
| 1989 | 7.45 % | -31.5% |
| 1990 | 13.45 % | +80.6% |
| 1991 | -6.48 % | -148.2% |
| 1992 | 11.08 % | -271.0% |
| 1993 | -6.4 % | -157.8% |
| 1994 | 3.04 % | -147.5% |
| 1995 | 10.35 % | +240.1% |
| 1996 | 11.32 % | +9.4% |
| 1997 | 24.71 % | +118.2% |
| 1998 | -9.23 % | -137.3% |
| 1999 | 20.84 % | -325.9% |
| 2000 | 43.3 % | +107.8% |
| 2001 | -1.25 % | -102.9% |
| 2002 | 10.41 % | -934.7% |
| 2003 | 21.54 % | +106.9% |
| 2004 | 34.85 % | +61.8% |
| 2005 | 40.32 % | +15.7% |
| 2006 | 36.72 % | -8.9% |
| 2007 | 30.93 % | -15.8% |
| 2008 | 44.61 % | +44.2% |
| 2009 | -15.16 % | -134.0% |
| 2010 | 27.94 % | -284.3% |
| 2011 | 34.09 % | +22.0% |
| 2012 | 11.36 % | -66.7% |
| 2013 | 6.37 % | -44.0% |
| 2014 | 3.77 % | -40.7% |
| 2015 | -21.57 % | -671.8% |
| 2016 | -6.19 % | -71.3% |
| 2017 | 6.17 % | -199.8% |
| 2018 | 13.8 % | +123.6% |
| 2019 | -3.8 % | -127.5% |
| 2020 | -18.12 % | +377.1% |
| 2021 | 24.46 % | -235.0% |
| 2022 | 31.14 % | +27.3% |
| 2023 | -9.63 % | -130.9% |
| 2024 | 2.34 % | -124.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.88 % | 9.33 % | 39.44 % | 9 |
| 1980s | 2.17 % | -17.88 % | 34.85 % | 10 |
| 1990s | 7.27 % | -9.23 % | 24.71 % | 10 |
| 2000s | 24.63 % | -15.16 % | 44.61 % | 10 |
| 2010s | 7.19 % | -21.57 % | 34.09 % | 10 |
| 2020s | 6.04 % | -18.12 % | 31.14 % | 5 |
Countries ranked near Qatar
- 187 Switzerland 2.61 % compare
- 188 Azerbaijan 2.61 % compare
- 189 Congo 2.57 % compare
- 191 Latvia 2.12 % compare
- 192 Guinea-Bissau 1.99 % compare
- 193 Brunei Darussalam 1.9 % 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)
- Gross capital formation (constant 2015 US$), annual growth rate -10.39 % change on previous year (2020)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.4586 constant 2015 US$ per US$ of GDP (2020)
- Gross capital formation (constant 2015 US$), per capita 23,703 constant 2015 US$ per person (2020)
- Imports of goods and services (current US$), annual growth rate 21.76 % change on previous year (2022)
- Imports of goods and services (current US$), per unit of GDP 0.3162 current US$ per US$ of GDP (2022)
- Imports of goods and services (current US$), per capita 28,043 current US$ per person (2022)
- Imports of goods and services (current LCU), annual growth rate 21.76 % change on previous year (2022)
- Imports of goods and services (current LCU), per unit of GDP 1.15 current LCU per US$ of GDP (2022)
Frequently asked questions
- What is gross domestic product — annual growth standard local currency in Qatar?
- Gross domestic product — annual growth standard local currency in Qatar was 2.34 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — annual growth standard local currency recorded in Qatar?
- The highest recorded value was 44.61 % in 2008.
- What is the lowest gross domestic product — annual growth standard local currency recorded in Qatar?
- The lowest recorded value was -21.57 % in 2015.
- How does Qatar rank for gross domestic product — annual growth standard local currency?
- Qatar ranks 190th out of 202 countries with data for 2024.
- Is gross domestic product — annual growth standard local currency rising or falling in Qatar?
- Over the last ten years it is down 38.0%. The long-run trend across the full record is volatile.
- Where does this Qatar data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).