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Qatar GDP by year, 1960 to 2025

Qatar's GDP peaked at $236 billion in 2022 and was $216 billion in 2025, 55th in the world, up from 74th in 2000.

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What the data shows

  • Qatar: $0B in 1970, $216B in 2025. It peaked at $236B in 2022.
  • Iraq: $2B in 1960, $254B in 2025. It peaked at $287B in 2022.
  • Hungary: $5B in 1968, $247B in 2025 (50× higher).
  • Ukraine: $64B in 1987, $214B in 2025 (3.3× higher). Its low point was $32B in 1999.

About this chart

Qatar's economy has grown about twelvefold since 2000, from $17.8 billion to $216 billion in 2025, lifting its world rank from 74th to 55th. The peak so far was 2022 at $236 billion, and the total has slipped since. Because Qatar's output is tied to oil and gas, dollar GDP is volatile: it fell 22 percent in 2015, from $206 billion to $162 billion, and 18 percent in 2020, from $176 billion to $144 billion.

Against its three nearest economies, Qatar in 2025 trails Iraq ($254 billion) and Hungary ($247 billion) and leads Ukraine ($214 billion) by about $1 billion. Iraq has been ahead since 2004. Qatar passed Hungary in 2011, fell behind in 2020, edged ahead in 2022 and dropped back in 2023. It has led Ukraine since 2022. Figures are nominal current US dollars, not adjusted for inflation or purchasing power.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026.

Qatar's GDP, GDP in current US$ billions, 1960 to 2025, 1960–2025
Date🇶🇦 Qatar🇮🇶 Iraq🇭🇺 Hungary🇺🇦 Ukraine
1960$2B
1961$2B
1962$2B
1963$2B
1964$2B
1965$2B
1966$3B
1967$3B
1968$3B$5B
1969$3B$5B
1970$0B$3B$6B
1971$0B$4B$6B
1972$1B$4B$7B
1973$1B$5B$9B
1974$2B$12B$10B
1975$3B$14B$11B
1976$3B$18B$13B
1977$4B$20B$15B
1978$4B$24B$17B
1979$6B$38B$20B
1980$8B$53B$23B
1981$9B$38B$24B
1982$8B$42B$24B
1983$7B$41B$22B
1984$7B$47B$21B
1985$6B$48B$22B
1986$5B$47B$25B
1987$5B$57B$27B$64B
1988$6B$63B$30B$75B
1989$7B$66B$30B$83B
1990$7B$180B$35B$81B
1991$7B$0B$35B$77B
1992$8B$1B$39B$74B
1993$7B$1B$40B$66B
1994$7B$4B$43B$53B
1995$8B$13B$47B$48B
1996$9B$10B$47B$45B
1997$11B$21B$47B$50B
1998$10B$21B$49B$42B
1999$12B$37B$49B$32B
2000$18B$48B$47B$32B
2001$18B$36B$54B$39B
2002$19B$33B$68B$44B
2003$24B$22B$85B$52B
2004$32B$37B$104B$67B
2005$45B$50B$113B$89B
2006$61B$65B$116B$112B
2007$80B$89B$140B$149B
2008$115B$132B$158B$188B
2009$98B$112B$131B$122B
2010$125B$139B$132B$141B
2011$168B$186B$142B$169B
2012$187B$218B$129B$183B
2013$199B$235B$136B$191B
2014$206B$228B$141B$134B
2015$162B$167B$125B$91B
2016$152B$167B$129B$93B
2017$161B$187B$143B$112B
2018$183B$227B$161B$131B
2019$176B$234B$165B$154B
2020$144B$181B$159B$157B
2021$180B$210B$183B$200B
2022$236B$287B$177B$162B
2023$213B$269B$213B$181B
2024$216B$280B$223B$191B
2025$216B$254B$247B$214B

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Frequently asked questions

What is Qatar's GDP?

Qatar's GDP was about $216 billion in 2025, according to the World Bank, in current US dollars. That ranks 55th in the world, below the 2022 peak of $236 billion.

How much has Qatar's GDP grown since 2000?

Qatar's GDP grew from $17.8 billion in 2000 to $125 billion in 2010 and $216 billion in 2025, and its world rank rose from 74th to 55th.

Which economies are closest to Qatar's in size?

In 2025 the nearest were Iraq at $254 billion, Hungary at $247 billion and Ukraine at $214 billion. Qatar sat between Hungary and Ukraine.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

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