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Qatar GDP Annual Growth Rate

Qatar's GDP annual growth rate rose to 2.77% in 2024, up from 1.19% in 2023, according to World Bank. This represents an increase of 1.58% from the previous year. Qatar has GDP annual growth rate lower than the global median (2.77% vs median 3.24%). Compared with the median in Asia, Qatar is lower (2.77% vs regional median 3.76%) and ranks 29th out of 47 countries in Asia.

Qatar's real GDP rose to $177.72 billion in 2024, up from $172.94 billion in 2023.

Yearly Historical Data (1971-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.77%
2023 1.19%
2022 4.19%
2021 1.63%
2020 -3.56%
2019 0.69%
2018 1.23%
2017 -1.5%
2016 3.06%
2015 4.75%
2014 5.33%
2013 5.56%
2012 4.73%
2011 13.38%
2010 19.59%
2009 11.96%
2008 17.66%
2007 17.99%
2006 26.17%
2005 7.49%
2004 19.22%
2003 3.72%
2002 7.18%
2001 3.9%
2000 8.03%
1999 4.28%
1998 11.22%
1997 30.01%
1996 4.37%
1995 2.4%
1994 1.42%
1993 -1.33%
1992 11.33%
1991 -1.66%
1990 3.41%
1989 6.22%
1988 5.9%
1987 0.04%
1986 5.34%
1985 -2.12%
1984 4.66%
1983 -1.83%
1982 -6.87%
1981 0.9%
1980 -1.02%
1979 5.23%
1978 8.86%
1977 -7.31%
1976 8.35%
1975 5.88%
1974 5.94%
1973 10.78%
1972 11.08%
1971 10.01%
Qatar GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Qatar's total economic output.
Indicator Last Value Prior Value Period
GDP $217.98B $213B 2024
GDP Growth Rate (QoQ) -1% 0.3% Jun'25
GDP Growth Rate (YoY) 1.9% 3.7% Jun'25
GDP per Capita $62,188.83 $65,111.03 2024
GDP per Capita PPP $110,945.9 $116,159.1 2024
R&D Expenditure (% GDP) 0.68% 0.53% 2021
Real GDP $177.72B $172.94B 2024