Qatar PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Qatar's ppp conversion factor was 2.31 in 2025, ranked 117th globally. This represents a 4.2% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Qatar's ppp conversion factor stood at 2.31 in 2025, a rise of +0.09 from 2024. Based on recent trends, this figure is projected to reach 2.31 by 2025. Qatar ranked 117th globally.
Qatar's PPP Conversion Factor has experienced significant fluctuations over the 36-year period from 1990 to 2025. The indicator peaked at 2.63 in 2022, showcasing the country's rapid economic growth, driven by its vast oil and gas reserves. Conversely, the trough of 0.76 in 1998 highlights the challenges Qatar faced during a period of economic stagnation. Notably, Qatar's PPP Conversion Factor has been surpassed by a few neighboring countries, including the United Arab Emirates, which reached a value of 2.46 in the same year. As of 2025, Qatar's PPP Conversion Factor stands at 2.31, ranking 117 globally. A comparison with peer countries, such as Papua New Guinea, which has a value of 2.44, underscores Qatar's relative economic performance. Despite its strong economic growth, Qatar's PPP Conversion Factor has been steadily declining since its peak in 2022. A decrease in oil prices or a shift in global economic dynamics could potentially alter the trajectory of Qatar's economic growth and impact the country's PPP Conversion Factor.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.29 | - | - |
| 2026* trend | 2.30 | - | - |
| 2025* trend | 2.31 | - | - |
| 2025 | 2.31 | +0.09 | #117 |
| 2024 | 2.21 | −0.09 | #76 |
| 2023 | 2.30 | −0.32 | #84 |
| 2022 | 2.63 | +0.39 | #89 |
| 2021 | 2.24 | −0.05 | #83 |
| 2020 | 2.29 | +0.03 | #87 |
| 2019 | 2.26 | −0.09 | #88 |
| 2018 | 2.35 | +0.03 | #88 |
| 2017 | 2.32 | −0.16 | #90 |
| 2016 | 2.48 | +0.03 | #92 |
| 2015 | 2.45 | +0.10 | #93 |
| 2014 | 2.35 | +0.12 | #93 |
| 2013 | 2.23 | +0.05 | #92 |
| 2012 | 2.18 | +0.03 | #93 |
| 2011 | 2.15 | +0.32 | #96 |
Detected Pattern
Analysis
Qatar matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Qatar's ppp conversion factor was 2.31 in 2025. Ranked 117th globally. This represents a 4.2% increase from the previous year.
Qatar's ppp conversion factor peaked at 2.63 in 2022.
The lowest ppp conversion factor in Qatar was 0.76 in 1998.
Qatar ranks 117th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Qatar's ppp conversion factor is projected to reach 2.31 by 2025 based on trend extrapolation.
The ppp conversion factor of Qatar in 2025 was 2.31. This ranks 117th in the world.
Cite this page
@misc{historysaid_qatar_ppp-conversion-factor,
title = {Qatar PPP Conversion Factor},
url = {https://historysaid.com/qatar/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}