Qatar's Economy Grows 2.9% in Q3 2025 Driven by Robust Non-Hydrocarbon Activities

Doha | EcoPulse24

Qatar’s economy recorded a real growth rate of 2.9% in the third quarter of 2025 compared to the same period in 2024, according to the Qatar News Agency (QNA). This growth was driven by the strong performance of non-hydrocarbon activities, which continued to play a pivotal role in supporting economic expansion.

Official data indicates that Qatar’s real gross domestic product (GDP) for Q3 2025 reached QAR 186.1 billion at constant prices, up from QAR 180.9 billion in Q3 2024.

Non-hydrocarbon activities contributed 65.5% of real GDP, with their value added reaching QAR 121.9 billion in Q3 2025 compared to QAR 116.8 billion a year earlier, reflecting an annual growth rate of 4.4%.

This performance aligns with the objectives of the Third National Development Strategy and Qatar National Vision 2030, both of which focus on diversifying the economic base and enhancing the role of productive and service sectors.

Among the fastest-growing non-hydrocarbon sectors were:
- Construction: 9.1% growth
- Wholesale and retail trade, and vehicle repair: 8.9% growth
- Accommodation and food services: 6.4% growth

These trends reflect improved domestic demand, increased visitor activity, and ongoing infrastructure projects and public spending.

The positive performance signals increased domestic demand and expanded activity in services and trade sectors, supported by infrastructure projects, thereby strengthening macroeconomic resilience and sustainable growth.

Abdulaziz bin Nasser bin Mubarak Al Khalifa, Secretary General of the National Planning Council, stated that these results demonstrate “the strength of Qatar’s economy and the ongoing path of economic diversification,” attributing growth to the robust performance of non-hydrocarbon activities.

Data also showed that 15 out of 17 economic activities recorded positive real growth in Q3 2025, confirming the broad-based nature of Qatar’s economic expansion.

The National Statistics Center continues efforts to enhance GDP measurement, with recent revisions applied to Q3 2024 data. In line with international best practices and the System of National Accounts 2008 and 2025, a comprehensive review of national accounts is underway, expected to be completed by Q1 2026.