Qatar Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Qatar Forecast: Real GDP Growth

  • Qatar Real GDP Growth is forecasted to be 2.424 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 4.241 % in Dec 2022.
  • Looking ahead, Qatar Real GDP Growth is projected to stand at 3.578 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Qatar's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Qatar Forecast: Real GDP Growth

What is Qatar's Forecast: Real GDP Growth in 2028?

Qatar Real GDP Growth is forecasted to be 2.424 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.578 2028 3.714 2027 -14.644 1990 28.082 2006 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.400 2029 yearly 1987 - 2029
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 7.157 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.145 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Qatar Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Consolidated Fiscal Balance (USD mn) 247.253 Dec 2024 quarterly Mar 2011 - Dec 2024
National Government Debt (USD mn) 26,518.7 2012 yearly 2003 - 2012
Government Debt: % of GDP (%) 15.0 2012 yearly 2006 - 2012
Forecast: Government Expenditure (QAR bn) 243.250 2029 yearly 1990 - 2029
Forecast: Government Net Debt (QAR bn) 370.607 2029 yearly 1990 - 2029
Forecast: Government Revenue (QAR bn) 279.072 2029 yearly 1990 - 2029
General Government Revenue (QAR mn) 48,700.000 Dec 2024 quarterly Mar 2011 - Dec 2024
General Government Expenditure (QAR mn) 47,800.000 Dec 2024 quarterly Mar 2011 - Dec 2024
General Government Balance (QAR mn) 900.000 Dec 2024 quarterly Mar 2011 - Dec 2024
General Government Expenditure: Salaries and Wages (QAR mn) 17,700.000 Dec 2024 quarterly Mar 2019 - Dec 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 8.685 2028 yearly 1980 - 2028
Trade Balance (USD mn) 5,062.9 Dec 2024 monthly Jan 2014 - Dec 2024
Total Exports (USD mn) 8,569.0 Dec 2024 monthly Jan 1998 - Dec 2024
Total Exports Growth (%) 6.7 Dec 2024 monthly Jan 1999 - Dec 2024
Aluminum: Exports (USD th) 1,659,279.849 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 49,524.116 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 35,168.342 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,387.4 Apr 2023 monthly Jan 1998 - Apr 2023
Total Imports Growth (%) 21.6 Dec 2024 monthly Jan 1999 - Dec 2024
Imports: Medicament (USD th) 452,854.188 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 176,329.046 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 126.671 Oct 2024 monthly Jan 1989 - Oct 2024
Total Imports from USA (USD mn) 389.286 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports to China (USD mn) 1,614.286 Aug 2024 monthly May 1996 - Aug 2024
Total Imports from China (USD mn) 388.462 Aug 2024 monthly May 1996 - Aug 2024
Exports: Growth Rate: YoY (%) -5.700 Sep 2024 monthly Apr 2017 - Sep 2024
Imports: Growth Rate: MoM (%) -2.760 Sep 2024 monthly Apr 2017 - Sep 2024
Exports: Growth Rate: MoM (%) 7.800 Sep 2024 monthly Apr 2017 - Sep 2024
Imports: Growth Rate: YoY (%) 4.900 Sep 2024 monthly Apr 2017 - Sep 2024
Exports: SITC: Chemicals and Related Products (QAR mn) 36,354.220 2022 yearly 1989 - 2022
Exports: SITC: Manufactured Goods Classified Chiefly by Materials (QAR mn) 10,129.000 2022 yearly 1989 - 2022
Exports: SITC: Machinery and Transport Equipment (QAR mn) 312.000 2022 yearly 1989 - 2022
Exports: SITC: Crude Materials and Inedible excl Fuels (QAR mn) 3,400.000 2022 yearly 1989 - 2022
Exports: SITC: Mineral Fuels, Lubricants and Related Materials (QAR mn) 416,119.000 2022 yearly 1989 - 2022
Exports: Asia: Singapore (QAR mn) 24,267.741 2024 yearly 2000 - 2024
Exports: Asia: South Korea (QAR mn) 24,267.741 2024 yearly 1994 - 2024
Exports: Asia: Japan (QAR mn) 24,458.459 2024 yearly 1994 - 2024
Exports: Asia: India (QAR mn) 40,590.629 2024 yearly 1994 - 2024
Exports: Asia: China (QAR mn) 68,886.240 2024 yearly 1994 - 2024
Imports: SITC: Machinery and Transport Equipment (QAR mn) 42,933.923 2022 yearly 1971 - 2022
Imports: SITC: Manufactured Goods Classified Chiefly by Materials (QAR mn) 17,032.499 2022 yearly 1971 - 2022
Imports: SITC: Chemicals and Related Products (QAR mn) 11,904.000 2022 yearly 1971 - 2022
Imports: SITC: Other Manufactured Goods (QAR mn) 26,899.173 2022 yearly 1971 - 2022
Imports: SITC: Food and Live Animals (QAR mn) 13,811.848 2022 yearly 1971 - 2022
Imports: Europe: Germany (QAR mn) 5,594.781 2024 yearly 1992 - 2024
Imports: Arab Countries: GCC: United Arab Emirates (QAR mn) 6,026.815 2024 yearly 1992 - 2024
Imports: Europe: Italy (QAR mn) 7,338.574 2024 yearly 1992 - 2024
Imports: Asia: Japan (QAR mn) 6,678.709 2024 yearly 1992 - 2024
Imports: Asia: China (QAR mn) 19,577.866 2024 yearly 1992 - 2024
Export Volume Index (2015=100) 61.935 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 74.039 2021 yearly 2000 - 2021
Export Value Index (2015=100) 111.841 2021 yearly 1980 - 2021
Import Value Index (2015=100) 85.817 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,179.7 Sep 2024 quarterly Mar 2011 - Sep 2024
Current Account Balance (USD mn) 10,114.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Current Account Balance: % of GDP (%) 18.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Direct Investment (USD mn) 219.0 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment (USD mn) 819.780 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.5 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 57.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 762.363 Sep 2024 quarterly Mar 2011 - Sep 2024
External Debt (USD mn) 194,500.0 2018 yearly 2000 - 2018
External Debt: % of GDP (%) 106.1 2018 yearly 2000 - 2018
Forecast: Current Account Balance (USD bn) 31.892 2029 yearly 1980 - 2029
Foreign Trade Directions: Exports: China (QAR mn) 5,876.000 Aug 2024 monthly May 2017 - Aug 2024
Foreign Trade Directions: Imports: China (QAR mn) 1,414.000 Aug 2024 monthly May 2017 - Aug 2024
Foreign Trade Directions: Imports: United States of America (QAR mn) 1,417.000 Aug 2024 monthly May 2017 - Aug 2024
BoP: Capital & Financial Account: Financial: Other Investment (QAR mn) -18,679.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Portfolio Investment (QAR mn) -12,168.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Overall Balance (QAR mn) -1,562.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Services: Credit (QAR mn) 21,434.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Income: Credit (QAR mn) 16,157.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Income: Debit (QAR mn) -20,168.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial (QAR mn) -36,043.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Goods: Exports: fob (QAR mn) 87,787.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Income (QAR mn) -4,011.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Goods: Imports: fob (QAR mn) -27,129.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Change in Reserves (QAR mn) 1,562.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Other Investment: Liabilities (QAR mn) -11,185.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Portfolio Investment: Liabilities (QAR mn) 2,984.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Other Investment: Assets (QAR mn) -7,494.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Goods (QAR mn) 60,658.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Transfers: Debit (QAR mn) -15,252.000 Dec 2018 quarterly Mar 2011 - Dec 2018
BoP: Net Errors and Omissions (QAR mn) -2,180.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Portfolio Investment: Assets (QAR mn) -15,152.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Net Financial Derivatives (QAR mn) -1,699.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Financial: Direct Investment (QAR mn) -3,497.000 Sep 2024 quarterly Mar 2011 - Sep 2024
Balance of Payments (BoP): Current Account (QAR mn) 36,815.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Services (QAR mn) -11,368.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Services: Debit (QAR mn) -32,802.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Current Account: Transfers (QAR mn) -8,464.000 Sep 2024 quarterly Mar 2011 - Sep 2024
BoP: Capital & Financial Account: Capital (QAR mn) -154.000 Sep 2024 quarterly Mar 2011 - Sep 2024
External Debt: Government: USD (USD mn) 20,800.000 2013 yearly 2001 - 2013
Foreign Direct Investment: Financial and Insurance Activities (QAR mn) 12,900.000 2017 yearly 2008 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.7 2022 yearly 2000 - 2022
Money Supply M1 (USD mn) 38,415.165 Dec 2024 monthly Jan 1982 - Dec 2024
Money Supply M2 (USD mn) 197,309.808 Dec 2024 monthly Jan 1982 - Dec 2024
M2 Growth (%) -0.6 Dec 2024 monthly Jan 1983 - Dec 2024
Reserve Requirement Ratio (%) 4.5 Feb 2025 monthly Jan 2003 - Feb 2025
Foreign Exchange Reserves (USD mn) 43,166.3 Dec 2024 monthly Dec 1966 - Dec 2024
Foreign Exchange Reserves: % of GDP (%) 19.692 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 12.3 Dec 2024 monthly Jan 1998 - Dec 2024
Gold Reserves (USD mn) 9,285.907 Dec 2024 monthly Dec 1966 - Dec 2024
Total Deposits (USD mn) 282,071.401 Dec 2024 monthly Dec 2001 - Dec 2024
Total Deposits Growth (%) 4.1 Dec 2024 monthly Dec 2002 - Dec 2024
Domestic Credit (USD mn) 394,438.0 Dec 2024 monthly Jan 2007 - Dec 2024
Domestic Credit Growth (%) 3.5 Dec 2024 monthly Jan 2008 - Dec 2024
Total Loans (USD mn) 72,564.973 Dec 2024 monthly Jan 1982 - Dec 2024
Total Loans Growth (%) -79.49 Dec 2024 monthly Jan 1983 - Dec 2024
Private Debt: % of Nominal GDP (%) 114.45 Sep 2024 quarterly Dec 2011 - Sep 2024
Money Supply: M3 (QAR mn) 841,000.500 Dec 2024 monthly Jan 1982 - Dec 2024
Money Supply: M3: M2: M1: Currency in Circulation (QAR mn) 11,243.900 Dec 2018 monthly Jan 1982 - Dec 2018
Money Supply: M3: M2: M1 (QAR mn) 139,831.200 Dec 2024 monthly Apr 2004 - Dec 2024
Money Supply: M3: M2 (QAR mn) 718,207.700 Dec 2024 monthly Apr 2004 - Dec 2024
International Reserves (QAR mn) 255,003.500 Dec 2024 monthly Apr 2004 - Dec 2024
Deposits: Commercial Banks (QAR mn) 1,026,739.900 Dec 2024 monthly Dec 2001 - Dec 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
BCI: Manufacturing: Overall (%) 22.000 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Services: Overall (%) 22.600 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Construction: Overall (%) 21.300 Jun 2020 quarterly Jun 2014 - Jun 2020
BCI: Mining and Quarrying: Overall (%) 15.800 Jun 2020 quarterly Jun 2014 - Jun 2020
Business Confidence Index (BCI): Overall (%) 20.200 Jun 2020 quarterly Jun 2014 - Jun 2020

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