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Qatar: Trade (% of GDP)

In , Qatar's Trade (% of GDP) was 100.21.

That's up 8.0% from 2021, the highest value since .

The global average for this indicator in 2022 was 92.19 .

Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2022

Trend (2005–2022)

Qatar Trade (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
105.75
Trough
80.14
1-year change
+8.0%
5-year change
+9.5%
+1.8% / yr
10-year change
-5.2%
-0.5% / yr

Historical Data — Last 10 Years

Year Trade (% of GDP)
100.2136
92.7791
90.0190
90.0463
91.8383
91.4946
89.5476
93.7077
99.0343
102.3832

About Trade (% of GDP)

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.TRD.GNFS.ZSCategory: Economy

Frequently asked questions

What was Qatar's Trade (% of GDP) in 2022?
In 2022, Qatar's Trade (% of GDP) was 100.21, according to World Bank Open Data.
Is Qatar's Trade (% of GDP) rising or falling?
Qatar's Trade (% of GDP) rose 8.0% from 2021 to 2022.
How does Qatar's Trade (% of GDP) compare to the world average?
The global average for Trade (% of GDP) in 2022 was 92.19, so Qatar is above the world average.
What is Trade (% of GDP) and how is it measured?
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.