Qatar: Inflation, consumer prices (annual % growth)

Key figures

What the numbers say

In 2024, Qatar's inflation, consumer prices (annual % growth) fell 1.76 percentage points on 2023 (from 3.03% to 1.27%).

Across the 30 yearly changes before that (1994 to 2023), the average change was +0.13 percentage points and a typical year strayed about 4.25 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 4.84 percentage points in 2021 and the biggest yearly fall was 19.91 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 5% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Qatar in the 2024 ranking

• Gambia, The — 2nd of 6: 11.56%
• United States — 3rd of 6: 2.95%
• Equatorial Guinea — 4th of 6: 2.92%
• Afghanistan — 6th of 6: -6.6%

What this measures

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

Regional and income-group figures are computed by the World Bank as a median.

All 45 values

Inflation, consumer prices (annual % growth) in nearby economies

• Afghanistan — -6.6% (2024)
• Algeria — 1.42% (2025)
• Bahrain — -0.14% (2025)
• Djibouti — -0.31% (2025)
• Egypt, Arab Rep. — 14.07% (2025)
• Iran, Islamic Rep. — 42.17% (2025)
• Iraq — 0.3% (2025)
• Israel — 3.04% (2025)
• Jordan — 1.77% (2025)
• Kuwait — 2.36% (2025)

More financial sector data for Qatar

• Net domestic credit (current LCU) — 1.54 trillion (2025)
• Net foreign assets (current LCU) — -243.38 billion (2025)
• Broad money (current LCU) — 743.4 billion (2025)
• Broad money to total reserves ratio — 3.66 (2025)
• DEC alternative conversion factor (LCU per US$) — US$3.64 (2025)
• Official exchange rate (LCU per US$, period average) — US$3.64 (2025)
• Claims on central government (annual growth as % of broad money) — 7.35% (2025)
• Claims on private sector (annual growth as % of broad money) — 5.87% (2025)
• Broad money (annual % growth) — 3.51% (2025)
• Domestic credit to private sector by banks (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Qatar's inflation, consumer prices (annual % growth)?

1.27% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is down 5.53 percentage points from 6.8% in 1980. The highest value was 15.05% in 2008 and the lowest -4.86% in 2009.

Is the latest change in inflation, consumer prices (annual % growth) unusual for Qatar?

In 2024, Qatar's inflation, consumer prices (annual % growth) fell 1.76 percentage points on 2023 (from 3.03% to 1.27%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.13 percentage points and a typical year strayed about 4.25 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FP.CPI.TOTL.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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