Qatar's gross domestic income (constant LCU) was 555.61 billion in 2020, the latest year in the World Bank's World Development Indicators. That is up 6.53% from 521.56 billion in 2010 (0.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 555.61 billion | 2020 |
| Five years earlier | 613.58 billion | 2015 |
| Ten years earlier | 521.56 billion | 2010 |
| Highest | 777.06 billion | 2013 |
| Lowest | 43.13 billion | 1986 |
| Average since 2011 | 662.61 billion | 2011–2020 |
| First recorded | 70.46 billion |
What the numbers say
In 2020, Qatar's gross domestic income (constant LCU) fell 13.6% on 2019 (from 643.22 billion to 555.61 billion).
Across the 30 yearly changes before that (1988 to 2019), the average change was +9.5% and a typical year strayed about 16.6% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 40.1% in 2000 and the biggest yearly fall was 21.4% in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about 18.47 billion a year. A straight line explains 46% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 40 values
| Year | Gross domestic income (constant LCU) |
|---|---|
| 2020 | 555,611,506,039 |
| 2019 | 643,216,795,053 |
| 2018 | 667,339,231,900 |
| 2017 | 595,280,914,617 |
| 2016 | 566,910,954,315 |
| 2015 | 613,577,018,451 |
| 2014 | 772,069,854,082 |
| 2013 | 777,055,584,605 |
| 2012 | 745,551,769,533 |
| 2011 | 689,534,625,561 |
Gross domestic income (constant LCU) in nearby economies
- Algeria — 10.06 trillion (2025)
- Bahrain — 15.72 billion (2024)
- Djibouti — 766.9 billion (2025)
- Egypt, Arab Rep. — 8.46 trillion (2025)
- Iran, Islamic Rep. — 69,218.5 trillion (2025)
- Iraq — 186.48 trillion (2024)
- Israel — 1.75 trillion (2025)
- Kuwait — 36.28 billion (2024)
- Lebanon — 39.48 trillion (2024)
- Libya — 66.51 billion (2025)
- Malta
More economic policy & debt data for Qatar
- Total reserves, including gold (current US$) — US$55.85 billion (2025)
- Total reserves, excluding gold (current US$) — US$39.67 billion (2025)
- Foreign direct investment, net inflows (BoP, current US$) — US$3.03 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 1.41% (2025)
- GDP (current US$) — US$215.56 billion (2025)
- GDP (current LCU) — 784.64 billion (2025)
- GDP (constant 2015 US$) — US$183.49 billion (2025)
- GDP (constant LCU) — 736.64 billion (2025)
- GDP per capita (current US$) — US$72,525 (2025)
- GDP per capita (current LCU) — 263,991 (2025)
Reading data like this
Questions people ask
- What is Qatar's gross domestic income (constant LCU)?
- 555.61 billion in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 688.5% from 70.46 billion in 1980 (5.3% a year on average, compounded). The highest value was 777.06 billion in 2013 and the lowest 43.13 billion in 1986.
- Is the latest change in gross domestic income (constant LCU) unusual for Qatar?
- In 2020, Qatar's gross domestic income (constant LCU) fell 13.6% on 2019 (from 643.22 billion to 555.61 billion). Across the 30 yearly changes before that (1988 to 2019), the average change was +9.5% and a typical year strayed about 16.6% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.GDY.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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