Oil Real GDP Growth in Constant Prices for Qatar
QATNGDPORPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.46
Year-over-Year Change
-4626.55%
Date Range
1/1/2000 - 1/1/2025
Summary
The 'Oil Real GDP Growth in Constant Prices for Qatar' metric measures the real, inflation-adjusted growth rate of Qatar's oil and gas sector. This trend is an important indicator of the health and performance of Qatar's economy, which is heavily reliant on energy exports.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series captures the year-over-year percent change in Qatar's real gross domestic product (GDP) specifically from the oil and gas industry, adjusted for inflation. It provides insight into the dynamics and growth trajectory of Qatar's critical hydrocarbon sector, which accounts for a large share of the country's overall economic output.
Methodology
The data is calculated by the U.S. Federal Reserve based on official GDP statistics from Qatar.
Historical Context
This metric is closely watched by economists, policymakers, and investors to gauge Qatar's economic performance and outlook.
Key Facts
- Qatar is one of the world's largest exporters of natural gas.
- The oil and gas sector accounts for over 50% of Qatar's GDP.
- Qatar has experienced rapid economic growth in recent decades.
FAQs
Q: What does this economic trend measure?
A: This metric measures the real, inflation-adjusted growth rate of Qatar's oil and gas sector, a critical component of the country's overall GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the health and performance of Qatar's economy, which is heavily dependent on energy exports.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on official GDP statistics from Qatar.
Q: How is this trend used in economic policy?
A: This metric is closely watched by economists, policymakers, and investors to gauge Qatar's economic performance and outlook.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates based on changes in Qatar's official GDP reporting.
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Citation
U.S. Federal Reserve, Oil Real GDP Growth in Constant Prices for Qatar (QATNGDPORPCHPT), retrieved from FRED.