Qatar economy posts balanced performance in 2025: QCB

The Qatar Central Bank (QCB) revealed a balanced performance for the national economy in its 2025 Annual Macroeconomic Review. The review highlights the resilience of Qatar's economy and its capacity to maintain stability despite global challenges. Real GDP grew by 2.9%, driven by non-hydrocarbon sectors which expanded by 4.8%, underscoring the importance of economic diversification as outlined in Qatar National Vision 2030.

Inflation remained under control at an average of 0.5%, with real estate prices showing stability. Tourism grew significantly, with visitor numbers reaching 5.1 million in 2025. The private sector continued to expand, with the Purchasing Managers’ Index averaging 51.2, indicating ongoing growth. Qatar maintained a strong external position with a current account surplus of QR116.2 billion, equivalent to 14.8% of GDP.

Financial markets also demonstrated resilience, with the Qatar Stock Exchange Index gaining 1.8% annually. The country holds strong sovereign credit ratings of AA, Aa2, and Aa2 from S&P, Fitch, and Moody’s respectively, reflecting its strong economic and fiscal fundamentals. Overall, 2025 was a year of balanced economic performance for Qatar, with growth, stability, and resilience across various sectors reaffirming its position as a regionally stable economy.