Qatar - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Qatar was 115.04 as of 2021. As the graph below shows, over the past 42 years this indicator reached a maximum value of 116.16 in 2018 and a minimum value of 31.15 in 1979.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1979 31.15
1980 33.27
1981 36.11
1982 38.16
1983 39.21
1984 39.64
1985 40.40
1986 40.71
1987 41.80
1988 43.73
1989 45.17
1990 46.52
1991 48.58
1992 50.07
1993 49.63
1994 50.28
1995 51.77
1996 54.31
1997 56.94
1998 58.62
1999 59.89
2000 60.88
2001 61.78
2002 61.93
2003 63.33
2004 67.64
2005 73.60
2006 82.31
2007 93.63
2008 107.72
2009 102.49
2010 100.00
2011 101.14
2012 103.48
2013 106.81
2014 110.39
2015 112.39
2016 115.40
2017 115.86
2018 116.16
2019 115.38
2020 112.45
2021 115.04

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices