Strong non-hydrocarbon growth drives Qatar’s economic resilience
<p>Doha, Qatar: Qatar Central Bank (QCB) yesterday reported that the Qatari economy demonstrated solid resilience throughout 2025, bolstered by strong non-hydrocarbon sector performance.</p> <p>In its Annual Macroeconomic Review, QCB reiterated that the overall real GDP expanded by 2.9 percent last year, largely powered by an impressive 4.8 percent growth in non-hydrocarbon activities, confirming…
Doha, Qatar reported a resilient economy in 2025, driven by significant growth in sectors beyond hydrocarbons. The Qatari Central Bank highlighted that the country's real GDP increased by 2.9 percent, with non-hydrocarbon activities contributing a notable 4.8 percent. This growth signifies the success of Qatar's diversification efforts under the Qatar National Vision 2030.
The economy maintained stable inflation at an average of 0.5 percent, with the real estate market remaining steady. The private sector continued its expansion, supported by a Purchasing Managers' Index (PMI) of 51.2, indicating ongoing economic growth. Tourism also flourished, with visitor numbers reaching a record 5.1 million in 2025.
Internationally, Qatar balanced its external accounts with a surplus of QR116.2bn, equivalent to 14.8 percent of GDP, and its financial markets showed maturity and strength. The Qatar Stock Exchange Index grew by 1.8 percent, and the local capital markets expanded with new sustainable and Sharia-compliant financial instruments. Qatar's top-tier sovereign credit ratings from global agencies further attest to its strong financial position.
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