Qatar real GDPQatar real GDPQatar real GDP

Qatar real GDP

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
‪177.83 B‬QAR on Sep 30, 2023
Lowest
‪111.04 B‬QAR on Jun 30, 2010

About Qatar real GDP


Category
GDP
Frequency
Quarterly
Units
QAR

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Qatar real GDP was 177 B QAR, and the quarter before that it reached 175.25 B QAR.