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Qatar GDP Annual Progress Price

The Qatar economic system expanded Four % year-on-year within the second quarter of 2021, rebounding sharply from a downwardly revised 2.2 % contraction within the earlier interval. It was the primary enlargement for the reason that first quarter of 2020, primarily boosted by a 6.2 % progress in non-mining and quarrying sector, resembling lodging and meals service actions (41.Zero %), transportation and storage (26.9 %), wholesale and retail commerce, restore of motor autos and bikes (26.1 %), and manufacturing (13.Four %). On the identical time, mining and quarrying actions grew 0.7 %. On a quarterly foundation, the economic system shrank 0.Three %, following a downwardly revised 0.eight contraction within the earlier interval. supply: Qatar Planning and Statistics Authority

GDP Annual Progress Price in Qatar averaged 4.44 % from 2009 till 2021, reaching an all time excessive of 32.90 % within the first quarter of 2010 and a report low of -17.20 % within the first quarter of 2019. This web page offers the newest reported worth for – Qatar GDP Annual Progress Price – plus earlier releases, historic excessive and low, short-term forecast and long-term prediction, financial calendar, survey consensus and information. Qatar GDP Annual Progress Price – information, historic chart, forecasts and calendar of releases – was final up to date on January of 2022.

GDP Annual Progress Price in Qatar is predicted to be 3.50 % by the top of this quarter, in accordance with Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Qatar GDP Annual Progress Price is projected to development round 2.50 % in 2022, in accordance with our econometric fashions.


Information Stream

Qatar GDP Grows for 1st Time in 5 Quarters

2021-10-04

Qatar GDP Shrinks 2.5% in Q1

2021-07-08

Qatar GDP Contracts 3.9% in This fall

2021-04-01


Qatar GDP Annual Progress Price

As Qatar has huge oil and pure fuel reserves, mining is the primary driver of the economic system, contributing 58 % of GDP. The second largest sector is Providers which accounts for 28 % of whole output. Inside companies an important segments are: finance, insurance coverage, actual property and enterprise companies (12 %); authorities companies (7 %) and commerce, eating places and lodges (6 %). The remaining 14 % is contributed by manufacturing and building.

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