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Qatar

Dawlat Qatar

Last updated: 2026-03-28 (today)

Budget

revenues

$65.922 billion (2019 est.)

expenditures

$57.258 billion (2019 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2022

$161.693 billion (2022 est.)

Exports 2023

$128.709 billion (2023 est.)

Exports 2024

$125.216 billion (2024 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2022

$74.52 billion (2022 est.)

Imports 2023

$72.174 billion (2023 est.)

Imports 2024

$69.692 billion (2024 est.)

Industries

liquefied natural gas, crude oil production and refining, ammonia, fertilizer, petrochemicals, steel reinforcing bars, cement, commercial ship repair

Labor force

2.123 million (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

Public debt 2016

46.7% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2022

0.4% of GDP (2022 est.)

Remittances 2023

0.7% of GDP (2023 est.)

Remittances 2024

0.7% of GDP (2024 est.)

Exchange rates

Currency

Qatari rials (QAR) per US dollar -

Exchange rates 2020

3.64 (2020 est.)

Exchange rates 2021

3.64 (2021 est.)

Exchange rates 2022

3.64 (2022 est.)

Exchange rates 2023

3.64 (2023 est.)

Exchange rates 2024

3.64 (2024 est.)

Economic overview

high-income, oil-and-gas-based Middle Eastern economy; implementing “National Vision 2030” government strategy for economic development, diversification, and favorable business conditions to boost investment and employment; expansion of LNG sector expected to boost growth; Islamic finance leader

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

0.2% (2022 est.)

Unemployment rate 2023

0.2% (2023 est.)

Unemployment rate 2024

0.2% (2024 est.)

Exports - partners

China 18%, India 11%, S. Korea 10%, Japan 7%, Pakistan 6% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

USA 12%, China 12%, UAE 9%, UK 7%, India 5% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$114,700 (2022 est.)

Real GDP per capita 2023

$116,200 (2023 est.)

Real GDP per capita 2024

$110,900 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

4.2% (2022 est.)

Real GDP growth rate 2023

1.2% (2023 est.)

Real GDP growth rate 2024

2.8% (2024 est.)

Agricultural products

dates, chicken, tomatoes, camel milk, vegetables, cucumbers/gherkins, pumpkins/squash, eggs, sheep milk, eggplants (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

natural gas, crude petroleum, refined petroleum, plastics, fertilizers (2023)

note: top five export commodities based on value in dollars

Imports - commodities

gas turbines, cars, aircraft, iron pipes, ships (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2022

$63.118 billion (2022 est.)

Current account balance 2023

$36.453 billion (2023 est.)

Current account balance 2024

$38.117 billion (2024 est.)

GDP (official exchange rate)

$217.983 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

19.5% (2022 est.)

government consumption

12.9% (2022 est.)

investment in inventories

0% (2022 est.)

investment in fixed capital

30.6% (2022 est.)

exports of goods and services

68.6% (2022 est.)

imports of goods and services

-31.6% (2022 est.)

Average household expenditures

on food

14.6% of household expenditures (2023 est.)

on alcohol and tobacco

0.3% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

5% (2022 est.)

Inflation rate (consumer prices) 2023

3% (2023 est.)

Inflation rate (consumer prices) 2024

1.3% (2024 est.)

Industrial production growth rate

1.6% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$304.903 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$308.522 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$317.064 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

0.1% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

0.4% (2024 est.)

female

1.2% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$47.389 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$51.539 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$53.987 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

58.5% (2024 est.)

services

45.9% (2024 est.)

agriculture

0.3% (2024 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

2.6% (2017 est.)

highest 10%

25.8% (2017 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2017

35.1 (2017 est.)