Gross Domestic Product in Constant Prices for Qatar
QATNGDPRPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.87
Year-over-Year Change
-66.35%
Date Range
1/1/2000 - 1/1/2025
Summary
The Gross Domestic Product in Constant Prices for Qatar measures the total value of goods and services produced in the country, adjusted for inflation. This metric is a key indicator of Qatar's economic performance and growth.
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 trend represents the real, inflation-adjusted GDP of Qatar, which is a comprehensive measure of the country's economic activity. It is widely used by economists, policymakers, and analysts to assess Qatar's economic health and development over time.
Methodology
The data is collected and calculated by the Qatar Statistical Authority based on national accounts and economic surveys.
Historical Context
Qatar's GDP in constant prices is closely monitored by the government, central bank, and international organizations to inform economic and fiscal policies.
Key Facts
- Qatar has one of the highest GDP per capita globally.
- Qatar's economy is heavily dependent on oil and gas exports.
- The country has experienced rapid economic growth in recent decades.
FAQs
Q: What does this economic trend measure?
A: The Gross Domestic Product in Constant Prices for Qatar measures the total value of goods and services produced in the country, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Qatar's economic performance and growth, and is widely used by economists, policymakers, and analysts to assess the country's economic health and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Qatar Statistical Authority based on national accounts and economic surveys.
Q: How is this trend used in economic policy?
A: Qatar's GDP in constant prices is closely monitored by the government, central bank, and international organizations to inform economic and fiscal policies.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the Qatar Statistical Authority.
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Citation
U.S. Federal Reserve, Gross Domestic Product in Constant Prices for Qatar (QATNGDPRPCHPT), retrieved from FRED.