Qatar’s real GDP rises 1.8% in Q4-17

Mubasher: The Qatari real gross domestic product (GDP) achieved a 1.8% year-on-year growth in the fourth quarter of 2017.

GDP of the world’s biggest LNG exporter reached QAR 204.22 billion in Q4-17, up from QAR 200.69 billion in the year-ago period, according to a report released by the Ministry of Development Planning and Statistics (MDPS) on Thursday.

The nominal GDP grew 5.7% in Q4-17, compared to the previous quarter growth of QAR 152.21 billion.

Meanwhile, mining and quarrying sector decreased by 6.4% quarter-on-quarter to QAR 95.67 billion in the three-month period ended 31 December, the MDPS’ data showed.

Mubasher Contribution Time: 29-Mar-2018 14:06 (GMT)
Mubasher Last Update Time: 29-Mar-2018 14:48 (GMT)