{
  "id": 635833,
  "title": "Strong non-hydrocarbon growth drives Qatar’s economic resilience",
  "url": "https://urgent.news/2026/08/12/strong-non-hydrocarbon-growth-drives-qatars-economic-resilience",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T05:56:09.000Z",
  "source": {
    "name": "The Peninsula Qatar Business",
    "slug": "the-peninsula-qatar-business",
    "url": "https://thepeninsulaqatar.com/article/12/08/2026/strong-non-hydrocarbon-growth-drives-qatars-economic-resilience"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "The Qatar Central Bank (QCB) has reported that the Qatari economy demonstrated solid resilience throughout 2025, largely driven by strong growth in the non-hydrocarbon sector. In its Annual Macroeconomic Review, the QCB stated that overall real GDP expanded by 2.9 percent, with non-hydrocarbon activities contributing an impressive 4.8 percent growth. This performance underscores the success of Qatar's diversification efforts under the Qatar National Vision 2030, serving as the main engine of national expansion. Coupled with stable inflation rates and a robust real estate market, the country's economic strategy continues to insulate domestic activity against global volatility while fostering sustainable long-term momentum.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}