Qatar GDP Annual Growth Rate

Last Release

Sep 30, 2022

Actual

4.3

Units In

6.3

Frequency

Quarterly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
32.9 Mar 2010	-17.2 Mar 2019	4.35 %	2009-2022	Qatar Statistics Authority

As Qatar has vast oil and natural gas reserves, mining is the main driver of the economy, contributing 58 percent of GDP. The second biggest sector is Services which accounts for 28 percent of total output. Within services the most important segments are: finance, insurance, real estate and business services (12 percent); government services (7 percent) and trade, restaurants and hotels (6 percent). The remaining 14 percent is contributed by manufacturing and construction.

Latest Updates

Qatar’s economy expanded by 1.9% year-on-year in Q2 2025, following a 3.7% expansion in the previous period. The sustained growth was driven by non-hydrocarbon activities, which rose 3.4% and accounted for 65.6% of GDP, underscoring diversification under the Third National Development Strategy and Qatar National Vision 2030. Strongest gains came from agriculture, forestry and fishing (+15.8%), accommodation and food services (+13.4%), arts, entertainment and recreation (+8.9%), wholesale and retail trade (+8.8%), and construction (+8.7%). In total, 11 of 17 sectors posted positive growth, highlighting broad-based resilience supported by tourism, services, and infrastructure investment. Authorities noted continued improvements in GDP measurement and ongoing revisions to national accounts to align with international standards.