Qatar’s economy grows 3.7% in Q1 2025

Qatar’s real gross domestic product (GDP) grew by 3.7 per cent in Q1 2025 compared to the same period a year earlier, with strong gains in the non-hydrocarbon sector, the Qatar News Agency (QNA) reported, citing data from the National Planning Council (NPC).

GDP at constant prices reached QAR181.5bn  in Q1 2025, up from QAR175bn in Q1 2024, according to the National Statistics Centre.

The non-hydrocarbon sector accounted for 63.6 per cent of real GDP, or approximately QAR115bn, an increase from 62.6 per cent in the same quarter last year.

Qatar GDP: Sectors showing growth

Growth in the sector reached 5.3 per cent , supported by robust performances in manufacturing (up 5.6 per cent ), construction (up 4.4 per cent ), real estate (up 7 per cent), and wholesale and retail trade (up 14.6 per cent ).

Hydrocarbon activities, despite global economic headwinds and oil price volatility, grew by 1 per cent year-on-year, contributing 36.4 per cent to real GDP, or about QAR66bn.

The data reflects the country’s efforts to diversify its economy and reduce reliance on hydrocarbons, the NPC said.

Read: Qatar on track to double economy by 2031: Here’s what’s driving growth