Gross Domestic Product — Value Standard Local Currency, annual growth in Qatar

Qatar: Gross Domestic Product — Value Standard Local Currency, annual growth was 2.34 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.34 % change on previous year
Change on year
up 124.3%
World rank
204th
of 218 countries
All-time high
44.61 % change on previous year
in 2008
All-time low
-21.57 % change on previous year
in 2015
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in Qatar, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value standard local currency, annual growth in Qatar stood at 2.34 % change on previous year.

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 — value standard local currency, annual growth in Qatar peaked at 44.61 % change on previous year in 2008 and was at its lowest, -21.57 % change on previous year, in 2015.

Qatar ranks 204th of 218 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Domestic Product — Value Standard Local Currency, annual growth in Qatar, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in Qatar, 1971 to 2024.
Year % change on previous year Change
1971 32.01 % change on previous year
1972 33.35 % change on previous year +4.2%
1973 32.95 % change on previous year -1.2%
1974 27.17 % change on previous year -17.6%
1975 27.08 % change on previous year -0.3%
1976 30.92 % change on previous year +14.2%
1977 9.33 % change on previous year -69.8%
1978 9.71 % change on previous year +4.0%
1979 39.44 % change on previous year +306.2%
1980 34.85 % change on previous year -11.6%
1981 10.13 % change on previous year -70.9%
1982 -12.24 % change on previous year -220.7%
1983 -14.8 % change on previous year +20.9%
1984 5.94 % change on previous year -140.2%
1985 -10.44 % change on previous year -275.6%
1986 -17.88 % change on previous year +71.3%
1987 7.79 % change on previous year -143.5%
1988 10.87 % change on previous year +39.6%
1989 7.45 % change on previous year -31.5%
1990 13.45 % change on previous year +80.6%
1991 -6.48 % change on previous year -148.2%
1992 11.08 % change on previous year -271.0%
1993 -6.4 % change on previous year -157.8%
1994 3.04 % change on previous year -147.5%
1995 10.35 % change on previous year +240.1%
1996 11.32 % change on previous year +9.4%
1997 24.71 % change on previous year +118.2%
1998 -9.23 % change on previous year -137.3%
1999 20.84 % change on previous year -325.9%
2000 43.3 % change on previous year +107.8%
2001 -1.25 % change on previous year -102.9%
2002 10.41 % change on previous year -934.7%
2003 21.54 % change on previous year +106.9%
2004 34.84 % change on previous year +61.8%
2005 40.32 % change on previous year +15.7%
2006 36.72 % change on previous year -8.9%
2007 30.93 % change on previous year -15.8%
2008 44.61 % change on previous year +44.2%
2009 -15.16 % change on previous year -134.0%
2010 27.94 % change on previous year -284.3%
2011 34.09 % change on previous year +22.0%
2012 11.36 % change on previous year -66.7%
2013 6.37 % change on previous year -44.0%
2014 3.77 % change on previous year -40.7%
2015 -21.57 % change on previous year -671.8%
2016 -6.19 % change on previous year -71.3%
2017 6.17 % change on previous year -199.8%
2018 13.8 % change on previous year +123.6%
2019 -3.8 % change on previous year -127.5%
2020 -18.12 % change on previous year +377.1%
2021 24.46 % change on previous year -235.0%
2022 31.14 % change on previous year +27.3%
2023 -9.63 % change on previous year -130.9%
2024 2.34 % change on previous year -124.3%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth in Qatar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +934.7% -1.25 % change on previous year 10.41 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.88 % change on previous year 9.33 % change on previous year 39.44 % change on previous year 9
1980s 2.17 % change on previous year -17.88 % change on previous year 34.85 % change on previous year 10
1990s 7.27 % change on previous year -9.23 % change on previous year 24.71 % change on previous year 10
2000s 24.63 % change on previous year -15.16 % change on previous year 44.61 % change on previous year 10
2010s 7.19 % change on previous year -21.57 % change on previous year 34.09 % change on previous year 10
2020s 6.04 % change on previous year -18.12 % change on previous year 31.14 % change on previous year 5

Countries ranked near Qatar

  1. 201 Switzerland 2.61 % change on previous year compare
  2. 202 Azerbaijan 2.61 % change on previous year compare
  3. 203 Congo 2.57 % change on previous year compare
  4. 205 Latvia 2.12 % change on previous year compare
  5. 206 Democratic People's Republic of Korea 2 % change on previous year compare
  6. 207 Guinea-Bissau 1.99 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for Qatar

All data for Qatar →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in Qatar?
Gross domestic product — value standard local currency, annual growth in Qatar was 2.34 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in Qatar?
The highest recorded value was 44.61 % change on previous year in 2008.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in Qatar?
The lowest recorded value was -21.57 % change on previous year in 2015.
How does Qatar rank for gross domestic product — value standard local currency, annual growth?
Qatar ranks 204th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth 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 Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in Qatar. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/qatar/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.