Qatar’s non-hydrocarbon GDP grows by 2.6% YoY in Q2 2026
<p>Doha, Qatar: Qatar’s non-hydrocarbon gross domestic product (GDP) grew by 2.6 percent year-on-year (YoY) in Q2 2026, sustaining its growth despite the disruptions to trade routes and global supply chains resulting from regional escalation. This performance highlights the resilience of the non-hydrocarbon sectors and their expanding role in reinforcing the national economy.</p> <p>Commenting on…
Doha, Qatar - In Q2 2026, Qatar's non-hydrocarbon GDP experienced a 2.6% year-on-year growth, underscoring the resilience of these sectors amid regional disruptions and global supply chain challenges. This growth reflects the strength of the foundations laid through strategic planning and investment aimed at diversifying the economy.
Dr Abdulaziz bin Nasser bin Mubarak Al Khalifa, Secretary-General of the National Planning Council, stated that the results reaffirm Qatar's economic base's robustness and its capacity to adapt to crises while maintaining economic continuity. Despite a 50.7% decline in the hydrocarbon GDP due to regional constraints, the non-hydrocarbon sectors continued to expand, with real estate activities leading growth at 11.0%, financial and insurance activities at 8.3%, construction activity at 5.5%, and wholesale and retail trade at 6.9%.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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