In the first quarter of 2025, Qatar’s economy experienced a 3.7% increase in real GDP over the same period the previous year. According to the National Planning Council, GDP at constant prices increased to QAR181.5 billion in the first quarter from QAR175 billion the previous year. Qatar News Agency reported on the data, citing the National Statistics Centre.
The report focused on the country’s attempts to boost its non-hydrocarbon economy. Non-hydrocarbon activities accounted for 63.6% of real GDP in the first quarter, equivalent to around QAR 115 billion. This represents an increase from the 62.6% share obtained during the last year.
Non-hydrocarbon growth reached 5.3% in the first quarter of 2025. The manufacturing sector increased by 5.6%, while the construction industry climbed by 4.4%. The real estate industry expanded by 7.0%, while wholesale and retail commerce increased by 14.6%.
Despite global economic volatility and concerns about shifting oil and gas prices, Qatar’s hydrocarbon sector continued to grow. Hydrocarbon activities accounted for 36.4% of the country’s real GDP in the first quarter, equivalent to approximately QAR 66 billion. The petroleum sector grew by 1.0% compared to the previous year.
