Insurance and financial services in Qatar
Qatar: Insurance and financial services was 4.0% in 2025. ▼ Falling
Insurance and financial services in Qatar, 2011–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2025, insurance and financial services in Qatar stood at 4.0%.
Compared with earlier readings it is up 15.4% on the previous year and down 54.6% over ten years.
Over the whole period, insurance and financial services in Qatar peaked at 10.3% in 2022 and was at its lowest, 3.0%, in 2023.
Qatar ranks 132nd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Insurance and financial services in Qatar, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 2011 | 6.6% | — |
| 2012 | 4.2% | -35.4% |
| 2013 | 5.2% | +23.2% |
| 2014 | 7.2% | +37.6% |
| 2015 | 8.8% | +23.0% |
| 2016 | 9.7% | +9.8% |
| 2017 | 8.6% | -11.6% |
| 2018 | 9.7% | +13.3% |
| 2019 | 9.8% | +1.1% |
| 2020 | 9.9% | +0.7% |
| 2021 | 9.0% | -9.0% |
| 2022 | 10.3% | +14.6% |
| 2023 | 3.0% | -71.3% |
| 2024 | 3.5% | +17.3% |
| 2025 | 4.0% | +15.4% |
Qatar compared with similar countries
- Qatar's 4.0% is below the median for high income countries, which is 6.2%, 64% of the median. (72 countries reporting)
- Qatar's 4.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.5%, 62% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.8% | 4.2% | 9.8% | 9 |
| 2020s | 6.6% | 3.0% | 10.3% | 6 |
Countries ranked near Qatar
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 insurance and financial services in Qatar?
- Insurance and financial services in Qatar was 4.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Qatar?
- The highest recorded value was 10.3% in 2022.
- What is the lowest insurance and financial services recorded in Qatar?
- The lowest recorded value was 3.0% in 2023.
- How does Qatar rank for insurance and financial services?
- Qatar ranks 132nd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Qatar?
- Over the last ten years it is down 54.6%. The long-run trend across the full record is falling.
- Where does this Qatar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.