Qatar’s non-hydrocarbon GDP grows 3.5% in Q1 2026

Qatar's non-hydrocarbon GDP grew by 3.5 percent year-on-year in the first quarter of 2026, according to the National Planning Council (NPC). This growth, driven by sectors such as wholesale and retail trade, construction, real estate, financial and insurance activities, and public administration, highlights the resilience of Qatar's diversified economy despite regional and global challenges.

However, the hydrocarbon sector experienced a sharp contraction of 25.8 percent year-on-year, contributing to a 7 percent overall GDP contraction in the quarter.

Brief written by urgent.news from Qatar Tribune Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.