Qatar's price level index (Households and NPISHs Final consumption expenditure) was 75.7 in 2024, the latest year in the World Bank's World Development Indicators. That is down 5.58% from 80.18 in 2014 (0.57% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 75.7 | 2024 |
| Five years earlier | 74.8 | 2019 |
| Ten years earlier | 80.18 | 2014 |
| Highest | 91.47 | 2008 |
| Lowest | 62.02 | 1994 |
| Average since 2015 | 77.95 | 2015–2024 |
| First recorded | 65.1 | 1990 |
What the numbers say
In 2024, Qatar's price level index (Households and NPISHs Final consumption expenditure) fell 1.26 on 2023 (from 76.96 to 75.7).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.47 and a typical year strayed about 3.18 from that (the standard deviation). This year's change was 0.5 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 8.91 in 2008 and the biggest yearly fall was 4.14 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 the straight-line trend is downward, about 0.54 a year. A straight line explains 33% 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.
Closest to Qatar in the 2024 ranking
- United Arab Emirates — 2nd of 5: 69.79
- Equatorial Guinea — 3rd of 5: 45.47
- Gambia, The — 4th of 5: 28.63
What this measures
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.
Limitations: Global PPP estimates underlying this indicator are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics. Price level index are not recommended to use as a precise measure to establish strict rankings of countries.
Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator in wdi..
All 35 values
| Year | Price level index (Households and NPISHs Final consumption expenditure) |
|---|---|
| 2024 | 75.7 |
| 2023 | 76.96 |
| 2022 | 77.77 |
| 2021 | 80 |
| 2020 | 75.08 |
| 2019 | 74.8 |
| 2018 | 75.57 |
| 2017 | 79.3 |
| 2016 | 82.14 |
| 2015 | 82.21 |
| 2014 |
Price level index (Households and NPISHs Final consumption expenditure) in nearby economies
- Afghanistan — 19.71 (2024)
- Algeria — 31.71 (2025)
- Bahrain — 48.79 (2025)
- Djibouti — 49.82 (2025)
- Egypt, Arab Rep. — 15.55 (2025)
- Iran, Islamic Rep. — 21.25 (2025)
- Iraq — 42 (2025)
- Israel — 105.91 (2025)
- Jordan
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 price level index (Households and NPISHs Final consumption expenditure)?
- 75.7 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 16.29% from 65.1 in 1990 (0.44% a year on average, compounded). The highest value was 91.47 in 2008 and the lowest 62.02 in 1994.
- Is the latest change in price level index (Households and NPISHs Final consumption expenditure) unusual for Qatar?
- In 2024, Qatar's price level index (Households and NPISHs Final consumption expenditure) fell 1.26 on 2023 (from 76.96 to 75.7). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.47 and a typical year strayed about 3.18 from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator PA.NUS.PRVT.PLI, licensed CC BY 4.0. Original source: World Development Indicators, World Bank (WB), uri: https://databank.worldbank.org/source/world-development-indicators, publisher: World Development Indicators 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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