Non-Hydrocarbon sectors contribute around 80% of real GDP: HH the Amir

His Highness the Amir Sheikh Tamim bin Hamad Al-Thani highlighted that Qatar contributes around one-fifth of the global liquefied natural gas trade. Any disruption in this trade would have immediate consequences on markets and consumers worldwide. HH the Amir mentioned that the closure of the Strait of Hormuz, along with damage to some energy facilities at Ras Laffan Industrial City, disrupted a significant portion of the country's exports.

However, the impact of these events was mainly felt in the energy sector, while non-hydrocarbon sectors continued to grow robustly. In fact, their contribution to real GDP reached approximately 80%, demonstrating the resilience and ability of the national economy to sustain growth despite challenging circumstances. During the inauguration of the second ordinary session of the second legislative term, HH the Amir emphasized that the state's top priority was always to protect people, secure their needs, and stimulate economic activity.

State institutions, in collaboration with the private sector, worked diligently to diversify supply routes and ensure the availability of essential goods and strategic reserves.