GDP in USD PPP terms reached 357 USD bil in 2018 in Qatar, according to the National Statistical Office. This is 5.07 % more than in the previous year.
Historically, GDP in USD PPP terms in Qatar reached an all time high of 357 USD bil in 2018 and an all time low of 17.7 USD bil in 1980. When compared to Qatar's main peers, GDP in USD PPP terms in Bahrain amounted to 75.2 USD bil, 1,653 USD bil in Iran, 1,857 USD bil in Saudi Arabia and 733 USD bil in United Arab Emirates in 2018.
Qatar has been ranked 54th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 12 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.