GDP in Qatar

Qatar GDP | Economic News & Forecasts

Qatar - GDP

The economy accelerated in Q3, with strong growth in the construction; and accommodation and food services sub-sectors. In contrast, the mining and quarrying sub-sector contracted slightly. Looking to Q4, trade data for October and November paints a positive picture, with exports and the trade surplus rising by double digits in annual terms. Moreover, foreign reserves continued to rise in November. On the political front, approval of the 2019 budget forecasts the first fiscal surplus since 2014. Also, in a politically motivated move Qatar withdrew from OPEC effective January 2019.

Qatar - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)4.4  4.0  3.6  2.2  1.6  

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Qatar GDP Chart


Qatar GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Ministry of Development Planning and Statistics and FocusEconomics calculations.

Qatar Facts

ValueChangeDate
Exchange Rate3.64-0.03 %Jan 30
Stock Market0.30.34 %Jan 30

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