Katar BIP Veränderung zum Vorjahr

The economy of Qatar stagnated year-on-year in the fourth quarter of 2023, following an upwardly revised 1.5% expansion in the preceding three-months period, marking the lowest growth since Q1 2021. The decline was driven by contractions in key sectors, including mining and quarrying (-3.1%), information and communication (-6.2%), and financial and insurance activities (-1.3%). These downturns offset gains in other areas such as manufacturing (+0.7%), wholesale and retail trade; repair of motor vehicles and motorcycles (+5.3%), and public administration and compulsory social security (+5.6%). On a quarterly basis, the economy shrank by 0.6%, following a 4.3% growth in the prior quarter.