Gross Domestic Product — Value Standard Local Currency in Qatar
Qatar: Gross Domestic Product — Value Standard Local Currency was 793,458 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Qatar, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Qatar is 793,458 million SLC, measured in 2024.
Compared with earlier readings it is up 2.3% on the previous year and up 5.7% over ten years.
Over the whole period, gross domestic product — value standard local currency in Qatar peaked at 857,982 million SLC in 2022 and was at its lowest, 2,566 million SLC, in 1970.
That places Qatar 111th out of 218 countries with data for 2024, 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 — Value Standard Local Currency in Qatar, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,566 million SLC | — |
| 1971 | 3,388 million SLC | +32.0% |
| 1972 | 4,518 million SLC | +33.4% |
| 1973 | 6,007 million SLC | +33.0% |
| 1974 | 7,639 million SLC | +27.2% |
| 1975 | 9,707 million SLC | +27.1% |
| 1976 | 12,708 million SLC | +30.9% |
| 1977 | 13,894 million SLC | +9.3% |
| 1978 | 15,243 million SLC | +9.7% |
| 1979 | 21,255 million SLC | +39.4% |
| 1980 | 28,663 million SLC | +34.9% |
| 1981 | 31,568 million SLC | +10.1% |
| 1982 | 27,705 million SLC | -12.2% |
| 1983 | 23,605 million SLC | -14.8% |
| 1984 | 25,008 million SLC | +5.9% |
| 1985 | 22,398 million SLC | -10.4% |
| 1986 | 18,393 million SLC | -17.9% |
| 1987 | 19,825 million SLC | +7.8% |
| 1988 | 21,979 million SLC | +10.9% |
| 1989 | 23,616 million SLC | +7.4% |
| 1990 | 26,792 million SLC | +13.4% |
| 1991 | 25,056 million SLC | -6.5% |
| 1992 | 27,832 million SLC | +11.1% |
| 1993 | 26,050 million SLC | -6.4% |
| 1994 | 26,843 million SLC | +3.0% |
| 1995 | 29,622 million SLC | +10.4% |
| 1996 | 32,976 million SLC | +11.3% |
| 1997 | 41,124 million SLC | +24.7% |
| 1998 | 37,330 million SLC | -9.2% |
| 1999 | 45,111 million SLC | +20.8% |
| 2000 | 64,646 million SLC | +43.3% |
| 2001 | 63,840 million SLC | -1.2% |
| 2002 | 70,484 million SLC | +10.4% |
| 2003 | 85,663 million SLC | +21.5% |
| 2004 | 115,512 million SLC | +34.8% |
| 2005 | 162,091 million SLC | +40.3% |
| 2006 | 221,610 million SLC | +36.7% |
| 2007 | 290,152 million SLC | +30.9% |
| 2008 | 419,583 million SLC | +44.6% |
| 2009 | 355,986 million SLC | -15.2% |
| 2010 | 455,445 million SLC | +27.9% |
| 2011 | 610,702 million SLC | +34.1% |
| 2012 | 680,074 million SLC | +11.4% |
| 2013 | 723,369 million SLC | +6.4% |
| 2014 | 750,658 million SLC | +3.8% |
| 2015 | 588,733 million SLC | -21.6% |
| 2016 | 552,305 million SLC | -6.2% |
| 2017 | 586,401 million SLC | +6.2% |
| 2018 | 667,339 million SLC | +13.8% |
| 2019 | 641,991 million SLC | -3.8% |
| 2020 | 525,657 million SLC | -18.1% |
| 2021 | 654,224 million SLC | +24.5% |
| 2022 | 857,982 million SLC | +31.1% |
| 2023 | 775,330 million SLC | -9.6% |
| 2024 | 793,458 million SLC | +2.3% |
Qatar compared with similar countries
- Qatar's 793,458 million SLC is above the median for high income countries, which is 257,567 million SLC, 3.1× the median. (72 countries reporting)
- Qatar's 793,458 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 million million SLC, 52% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,692 million SLC | 2,566 million SLC | 21,255 million SLC | 10 |
| 1980s | 24,276 million SLC | 18,393 million SLC | 31,568 million SLC | 10 |
| 1990s | 31,874 million SLC | 25,056 million SLC | 45,111 million SLC | 10 |
| 2000s | 184,957 million SLC | 63,840 million SLC | 419,583 million SLC | 10 |
| 2010s | 625,702 million SLC | 455,445 million SLC | 750,658 million SLC | 10 |
| 2020s | 721,330 million SLC | 525,657 million SLC | 857,982 million SLC | 5 |
Countries ranked near Qatar
- 108 Czechoslovakia 882,624 million SLC compare
- 109 Guatemala 878,952 million SLC compare
- 110 Switzerland 824,589 million SLC compare
- 112 Djibouti 741,512 million SLC compare
- 113 French Polynesia 728,694 million SLC compare
- 114 Singapore 725,630 million SLC 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 — value standard local currency in Qatar?
- Gross domestic product — value standard local currency in Qatar was 793,458 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Qatar?
- The highest recorded value was 857,982 million SLC in 2022.
- What is the lowest gross domestic product — value standard local currency recorded in Qatar?
- The lowest recorded value was 2,566 million SLC in 1970.
- How does Qatar rank for gross domestic product — value standard local currency?
- Qatar ranks 111th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Qatar?
- Over the last ten years it is up 5.7%. 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 — Value 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).