Gross National Income for Qatar
MKTGNIQAA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
210,764,835,164.84
Year-over-Year Change
20.64%
Date Range
1/1/1970 - 1/1/2024
Summary
Gross National Income (GNI) for Qatar measures the total domestic and foreign output claimed by residents of Qatar, including GDP plus net receipts of primary income from abroad. It provides a comprehensive metric of Qatar's economic performance and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GNI is a key macroeconomic indicator used to evaluate the size and growth of a country's economy. It differs from GDP by including net income received from other countries, offering a more complete picture of a nation's economic resources and citizens' total income.
Methodology
GNI data for Qatar is collected and calculated by the World Bank based on official national accounts.
Historical Context
GNI is widely used by policymakers, international organizations, and analysts to assess Qatar's economic development and living standards relative to other countries.
Key Facts
- Qatar's GNI per capita was $61,590 in 2021.
- GNI growth in Qatar averaged 10.3% per year from 2000 to 2021.
- Qatar has one of the highest GNI per capita levels globally.
FAQs
Q: What does this economic trend measure?
A: Gross National Income (GNI) for Qatar measures the total domestic and foreign output claimed by residents of Qatar, including GDP plus net receipts of primary income from abroad.
Q: Why is this trend relevant for users or analysts?
A: GNI is a comprehensive metric of a country's economic performance and living standards, providing a more complete picture than GDP alone.
Q: How is this data collected or calculated?
A: GNI data for Qatar is collected and calculated by the World Bank based on official national accounts.
Q: How is this trend used in economic policy?
A: GNI is widely used by policymakers, international organizations, and analysts to assess Qatar's economic development and living standards relative to other countries.
Q: Are there update delays or limitations?
A: GNI data is typically published by the World Bank with a 1-2 year lag, and may be subject to revisions as source data is updated.
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Citation
U.S. Federal Reserve, Gross National Income for Qatar (MKTGNIQAA646NWDB), retrieved from FRED.