Qatar's economy grows 2pc in q4 of last year.

The Qatari economy achieved a real growth rate - constant prices - of 2 percent in the fourth quarter of 2021 year-on-year, according to data issued by the Planning and Statistics Authority.

The quarterly GDP at constant prices reached QR166.242bn in Q4 of 2021 compared to the estimate of QR136.062bn in Q4 of 2020, recording an increase of 2 percent. When compared to Q3 of 2021 revised estimate of QR167.772bn, a decrease of 0.9 percent is also recorded.

The quarterly GDP at current prices in Q4 of 2021 is estimated at QR174.266bn. This represents an increase of 29.3 percent compared to the estimate of Q4 of 2020.

The nominal gross value added (GVA) estimate of Mining and Quarrying activities is estimated at QR63.639bn in Q4 2021, which shows...