Insurance and financial services in Qatar
Qatar: Insurance and financial services was 4.3% 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 imports.
Analysis
The most recent figure for insurance and financial services in Qatar is 4.3%, measured in 2025.
The figure is up 8.2% on the previous year and down 54.6% over ten years.
Over the whole period, insurance and financial services in Qatar peaked at 11.3% in 2022 and was at its lowest, 3.4%, in 2023.
That places Qatar 126th out of 197 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 imports | Change |
|---|---|---|
| 2011 | 7.1% | — |
| 2012 | 4.6% | -35.7% |
| 2013 | 5.8% | +26.1% |
| 2014 | 7.9% | +36.2% |
| 2015 | 9.6% | +21.7% |
| 2016 | 10.3% | +7.5% |
| 2017 | 9.1% | -11.8% |
| 2018 | 10.3% | +13.3% |
| 2019 | 10.4% | +0.6% |
| 2020 | 10.5% | +0.9% |
| 2021 | 9.4% | -10.2% |
| 2022 | 11.3% | +20.6% |
| 2023 | 3.4% | -70.3% |
| 2024 | 4.0% | +19.7% |
| 2025 | 4.3% | +8.2% |
Qatar compared with similar countries
- Qatar's 4.3% is below the median for high income countries, which is 6.4%, 68% of the median. (72 countries reporting)
- Qatar's 4.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 65% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.3% | 4.6% | 10.4% | 9 |
| 2020s | 7.1% | 3.4% | 11.3% | 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 4.3% 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 11.3% in 2022.
- What is the lowest insurance and financial services recorded in Qatar?
- The lowest recorded value was 3.4% in 2023.
- How does Qatar rank for insurance and financial services?
- Qatar ranks 126th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Qatar?
- Over the last ten years it is down 54.6%. 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 imports). 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 imports which are commercial services provided by non-residents to residents.