QCB reports economic growth and stable inflation in 2025
Qatar Central Bank (QCB) showcased the strong performance of the national economy, the continued momentum of economic diversification, and the robustness of key macroeconomic indicators in its 2025 An...
The Qatar Central Bank (QCB) revealed that Qatar's economy grew by 2.9% in 2025, demonstrating resilience amid a challenging global context. Non-hydrocarbon GDP expanded by 4.8%, highlighting the nation's commitment to economic diversification as outlined in Qatar National Vision 2030. This diversification is proving crucial, as sectors outside of hydrocarbons contribute increasingly to the economy.
Inflation remained under control, averaging just 0.5%, with only specific categories like jewelry experiencing price pressures. Real estate prices stayed steady, suggesting a stable market. Tourism saw a significant boost, with 5.1 million visitors arriving in 2025, up from 4.9 million in 2024 and 4.0 million in 2023. The private sector continued its expansion, as the Purchasing Managers’ Index averaged 51.2 in 2025, well above the growth threshold of 50.
Qatar maintained a strong external position, with a current account surplus of QR 116.2 billion, equivalent to 14.8% of GDP. The country's financial markets were robust, with the Qatar Stock Exchange Index gaining 1.8% in 2025. International credit rating agencies affirmed Qatar's strong sovereign creditworthiness, assigning it AA from S&P, Fitch, and Aa2 from Moody’s, all with stable outlooks.
These factors combine to confirm a balanced economic performance for Qatar in 2025, bolstering confidence in the nation's capacity to continue its economic diversification efforts and maintain its status as a stable economy in the region.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
