National Debt (% of GDP): Qatar
Qatar's national debt (% of gdp) is currently 38.8% as of 2026. # Qatar National Debt (% of GDP) Qatar's national debt stands at 38.
Current (2026)
38.8%
-4.4% y/y
Peak (1999)
81.8%
Low (2007)
9.4%
Source
IMF World Economic Outlook
1990–2026 · 41 pts
National Debt (% of GDP) — Qatar
1990 — 2026
National Debt (% of GDP) — Qatar
Analysis# Qatar National Debt (% of GDP)
Qatar's national debt stands at 38.8% of GDP in 2026, reflecting a substantial decline from its crisis peak of 81.8% in 1999. The country has achieved remarkable fiscal consolidation over the past decade, moving significantly closer to its all-time low of 9.4% recorded in 2007. Since 1990, Qatar's debt-to-GDP ratio has increased 207.9% overall, yet the recent downward trajectory demonstrates improving fiscal health.
The most dramatic turning point occurred between 2020 and 2022, when debt surged to 72.6% amid pandemic-related spending, then contracted sharply to 42.6% within two years. This sharp recovery reflects Qatar's economic resilience and fiscal discipline. The projected continuation of this downward trend through 2026 suggests policymakers are successfully managing debt reduction, positioning the nation toward pre-2007 levels if current momentum persists.
Historical Data
41 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 34.9% | -1.97% |
| 2029 | 35.6% | -0.84% |
| 2028 | 35.9% | -2.18% |
| 2027 | 36.7% | -5.41% |
| 2026 | 38.8% | -4.43% |
| 2025 | 40.6% | -1.46% |
| 2024 | 41.2% | -5.72% |
| 2023 | 43.7% | +2.58% |
| 2022 | 42.6% | -27.05% |
| 2021 | 58.4% | -19.56% |
| 2020 | 72.6% | +16.91% |
| 2019 | 62.1% | +18.97% |
| 2018 | 52.2% | +1.16% |
| 2017 | 51.6% | +10.49% |
| 2016 | 46.7% | +31.55% |
| 2015 | 35.5% | +42.57% |
| 2014 | 24.9% | -19.42% |
| 2013 | 30.9% | -3.74% |
| 2012 | 32.1% | -4.18% |
| 2011 | 33.5% | +10.20% |
Show all 41 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 30.4% | -15.56% |
| 2009 | 36.0% | +215.79% |
| 2008 | 11.4% | +21.28% |
| 2007 | 9.4% | -32.37% |
| 2006 | 13.9% | -27.23% |
| 2005 | 19.1% | -36.54% |
| 2004 | 30.1% | -22.42% |
| 2003 | 38.8% | -18.66% |
| 2002 | 47.7% | -19.43% |
| 2001 | 59.2% | +14.73% |
| 2000 | 51.6% | -36.92% |
| 1999 | 81.8% | +6.79% |
| 1998 | 76.6% | +40.81% |
| 1997 | 54.4% | -5.88% |
| 1996 | 57.8% | +15.14% |
| 1995 | 50.2% | -8.39% |
| 1994 | 54.8% | +18.36% |
| 1993 | 46.3% | +132.66% |
| 1992 | 19.9% | -8.72% |
| 1991 | 21.8% | +73.02% |
| 1990 | 12.6% | — |
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