Includes Qatar real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Includes forecasts and historical data for Qatar’s real Gross Domestic Product growth rate, GDP per capita, GDP composition by sector, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership. Updated October 2023
Qatar GDP Yields Great Wealth
One of the world’s wealthiest nations thanks to its vast deposits of natural gas and oil, Qatar boasts one of the highest per capita incomes globally. In line with the National Vision 2030’s initiative of broadening the economic base, the government has successfully encouraged private investment across sectors ranging from tourism and infrastructure, to financial services and information and communications technology. Up to 100% foreign ownership of businesses in most sectors is allowed. However, reservations among foreign investors persist. Qatar ranks low on gender equality and female participation in the labor force, rigid cultural norms are broadly implemented, and employment rules are strictly regulated.
Browse additional economic indicators and data sets below to learn more about Qatar’s economic outlook, finance sector and international trade performance. Each year, Global Finance editors identify Qatar’s safest bank, and recognize the best banks in a range of categories, including Best Foreign Exchange, Best Trade & Supply Chain Finance, Best Private Banking and more.
The Persian Gulf state boasts a per capita GDP that is one of the highest in the world, topping $77,000, and its economy should grow a modest but steady 2.4% this year and 2.2% in 2024, according to the International Monetary Fund.
GDP & Economic Information
|Type of Government
|Adult Per Capita Income (PPP)
|Total GDP (PPP)
|USD 268 billion
Award WinnersWorld’s Best Trade Finance Providers 2024
Economics, Policy & RegulationQatar: Projecting Power
Banking & Finance
|Central Bank of Qatar
|Qatari rial (QAR)
|USD 66.7 billion
Qatar Stock Exchange (QSE)
USD 37 billion (2022)
USD 133 billion (2022)
Central Bank Governor
Bandar bin Mohammed bin Saoud Al-Thani has led Qatar’s central bank since November 2021. The Qatari riyal is pegged to the dollar, hence the central bank’s policy recently tightened in sync with…..read more in our annual Central Banker Report Cards.
Qatar National Bank
Al Jazeera Media Network
|Major Trade Partners – Import
|Major Trade Partners – Export
Qatar GDP Healthy Enough To Carry Its Debt Level
The chart at left shows Qatar’s debt burden in comparison to some of its neighbors as well as the regional average. Qatar is carrying a debt load lighter than the regional average for the Middle East, although it remains above that of other regional leaders such as Kuwait and Saudi Arabia.
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000