Insurance and financial services in Qatar
Qatar: Insurance and financial services was 6.3% in 2025. ▼ Falling
Insurance and financial services in Qatar, 2011–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Qatar recorded 6.3% for insurance and financial services in 2025.
That represents a change of up 9.1% on the previous year and up 59.5% over ten years.
Over the whole period, insurance and financial services in Qatar peaked at 7.3% in 2013 and was at its lowest, 2.4%, in 2017.
That places Qatar 56th out of 190 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Insurance and financial services in Qatar, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2011 | 6.6% | — |
| 2012 | 7.0% | +5.5% |
| 2013 | 7.3% | +5.2% |
| 2014 | 6.8% | -7.7% |
| 2015 | 3.9% | -42.0% |
| 2016 | 3.6% | -9.1% |
| 2017 | 2.4% | -33.8% |
| 2018 | 4.0% | +69.5% |
| 2019 | 5.0% | +26.2% |
| 2020 | 5.2% | +2.1% |
| 2021 | 5.8% | +12.8% |
| 2022 | 6.2% | +6.0% |
| 2023 | 6.2% | +0.8% |
| 2024 | 5.7% | -7.7% |
| 2025 | 6.3% | +9.1% |
Qatar compared with similar countries
- Qatar's 6.3% is above the median for high income countries, which is 5.3%, 1.2× the median. (69 countries reporting)
- Qatar's 6.3% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.6%, 2.4× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 2.4% | 7.3% | 9 |
| 2020s | 5.9% | 5.2% | 6.3% | 6 |
Countries ranked near Qatar
More private sector data for Qatar
- Merchandise trade 58.6% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 74.4% (2024)
- Merchandise imports 37.54 billion current US$ (2025)
- Food exports 0.1% (2024)
- Manufactures exports 11.6% (2024)
- Merchandise exports 88.77 billion current US$ (2025)
- Merchandise exports (current US$), per capita 29,867 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4118 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -6.6 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Qatar?
- Insurance and financial services in Qatar was 6.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Qatar?
- The highest recorded value was 7.3% in 2013.
- What is the lowest insurance and financial services recorded in Qatar?
- The lowest recorded value was 2.4% in 2017.
- How does Qatar rank for insurance and financial services?
- Qatar ranks 56th out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Qatar?
- Over the last ten years it is up 59.5%. The long-run trend across the full record is falling.
- Where does this Qatar data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.