Qatar’s economy records 8% growth rate in Q4 of 2022

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Tue, 2023-04-04 19:22

RIYADH: Qatar achieved a real growth rate of 8 percent in the fourth quarter of 2022 compared to the same period in the previous year, official data showed on Tuesday.

The real economic growth rate measures growth, as expressed by gross domestic product, from one period to another, adjusted for inflation or deflation.

The quarterly gross domestic product estimates at constant prices reached about 179.99 billion riyals ($49.43 billion) in the fourth quarter of 2022, compared to the revised fourth-quarter estimates for 2021 amounting to 166.68 billion riyals.

The real economic growth rate measures growth, as expressed by gross domestic product, from one period to another, adjusted for inflation or deflation. Reuters/File
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