GDP (current LCU), annual growth rate in Qatar

Qatar: GDP (current LCU), annual growth rate was 2.34 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.34 % change on previous year
Change on year
up 124.3%
World rank
197th
of 211 countries
All-time high
198.79 % change on previous year
in 1974
All-time low
-21.57 % change on previous year
in 2015
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Qatar, 1971–2024

050100150200197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Qatar recorded 2.34 % change on previous year for gdp (current lcu), annual growth rate in 2024.

Compared with earlier readings it is up 124.3% on the previous year and down 38.0% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Qatar peaked at 198.79 % change on previous year in 1974 and was at its lowest, -21.57 % change on previous year, in 2015.

That places Qatar 197th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Qatar, year by year

Annual values for GDP (current LCU), annual growth rate in Qatar, 1971 to 2024.
Year % change on previous year Change
1971 28.09 % change on previous year
1972 21.58 % change on previous year -23.2%
1973 41.76 % change on previous year +93.5%
1974 198.79 % change on previous year +376.0%
1975 4.2 % change on previous year -97.9%
1976 31.79 % change on previous year +657.7%
1977 10.03 % change on previous year -68.5%
1978 9.69 % change on previous year -3.4%
1979 35.3 % change on previous year +264.5%
1980 34.7 % change on previous year -1.7%
1981 10.11 % change on previous year -70.9%
1982 -12.29 % change on previous year -221.5%
1983 -14.86 % change on previous year +20.9%
1984 3.66 % change on previous year -124.6%
1985 -8.22 % change on previous year -324.5%
1986 -17.88 % change on previous year +117.5%
1987 7.79 % change on previous year -143.5%
1988 10.87 % change on previous year +39.6%
1989 7.45 % change on previous year -31.5%
1990 13.45 % change on previous year +80.6%
1991 -6.48 % change on previous year -148.2%
1992 11.08 % change on previous year -271.0%
1993 -6.4 % change on previous year -157.8%
1994 3.04 % change on previous year -147.5%
1995 10.35 % change on previous year +240.1%
1996 11.32 % change on previous year +9.4%
1997 24.71 % change on previous year +118.2%
1998 -9.23 % change on previous year -137.3%
1999 20.84 % change on previous year -325.9%
2000 43.3 % change on previous year +107.8%
2001 -1.25 % change on previous year -102.9%
2002 10.41 % change on previous year -934.7%
2003 21.54 % change on previous year +106.9%
2004 34.84 % change on previous year +61.8%
2005 40.32 % change on previous year +15.7%
2006 36.72 % change on previous year -8.9%
2007 30.93 % change on previous year -15.8%
2008 44.61 % change on previous year +44.2%
2009 -15.16 % change on previous year -134.0%
2010 27.94 % change on previous year -284.3%
2011 34.09 % change on previous year +22.0%
2012 11.36 % change on previous year -66.7%
2013 6.37 % change on previous year -44.0%
2014 3.77 % change on previous year -40.7%
2015 -21.57 % change on previous year -671.8%
2016 -6.19 % change on previous year -71.3%
2017 6.17 % change on previous year -199.8%
2018 13.8 % change on previous year +123.6%
2019 -3.8 % change on previous year -127.5%
2020 -18.12 % change on previous year +377.1%
2021 24.46 % change on previous year -235.0%
2022 31.14 % change on previous year +27.3%
2023 -9.63 % change on previous year -130.9%
2024 2.34 % change on previous year -124.3%

Qatar compared with similar countries

  • Qatar's 2.34 % change on previous year is below the median for high income countries, which is 5.96 % change on previous year, 39% of the median. (82 countries reporting)
  • Qatar's 2.34 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.92 % change on previous year, 48% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 42.36 % change on previous year 4.2 % change on previous year 198.79 % change on previous year 9
1980s 2.13 % change on previous year -17.88 % change on previous year 34.7 % change on previous year 10
1990s 7.27 % change on previous year -9.23 % change on previous year 24.71 % change on previous year 10
2000s 24.63 % change on previous year -15.16 % change on previous year 44.61 % change on previous year 10
2010s 7.19 % change on previous year -21.57 % change on previous year 34.09 % change on previous year 10
2020s 6.04 % change on previous year -18.12 % change on previous year 31.14 % change on previous year 5

Countries ranked near Qatar

  1. 194 Switzerland 2.61 % change on previous year compare
  2. 195 Azerbaijan 2.61 % change on previous year compare
  3. 196 Congo 2.57 % change on previous year compare
  4. 198 Latvia 2.12 % change on previous year compare
  5. 199 Tonga 2.06 % change on previous year compare
  6. 200 Guinea-Bissau 1.99 % change on previous year compare

See the full ranking of 211 places →

More population data for Qatar

All data for Qatar →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Qatar?
Gdp (current lcu), annual growth rate in Qatar was 2.34 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Qatar?
The highest recorded value was 198.79 % change on previous year in 1974.
What is the lowest gdp (current lcu), annual growth rate recorded in Qatar?
The lowest recorded value was -21.57 % change on previous year in 2015.
How does Qatar rank for gdp (current lcu), annual growth rate?
Qatar ranks 197th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Qatar?
Over the last ten years it is down 38.0%. The long-run trend across the full record is volatile.
Where does this Qatar data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Qatar. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/qatar/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.