Qatar’s economy has shown significant growth in the second quarter of 2025, expanding by 1.9% overall. This growth is mainly attributed to a 3.4% increase in non-hydrocarbon sectors, signaling the success of the country’s economic diversification efforts. Real GDP reached QAR 181.8 billion ($49.9 billion) in constant prices, up from QAR 178.5 billion in the same period last year.
Economic Diversification Paying Off
Qatar’s commitment to diversifying its economy under the Third National Development Strategy and Vision 2030 is clearly evident. Non-hydrocarbon activities now make up 65.6% of the country’s real GDP, with the value added in these sectors rising to QAR 119.3 billion, up from QAR 115.4 billion in 2024. This shift away from oil and gas demonstrates the effectiveness of Qatar’s strategic investments in a more sustainable and varied economic base.
Key Growth Sectors
Several sectors within the non-hydrocarbon economy have seen impressive growth. Among the top performers:
- Agriculture, forestry, and fishing grew by 15.8%.
- Accommodation and food services expanded by 13.4%.
- Arts, entertainment, and recreation grew by 8.9%.
- Wholesale and retail trade saw a rise of 8.8%.
- Construction increased by 8.7%.
These sectors reflect the country’s ongoing investments in tourism, services, and infrastructure, all contributing to a thriving private sector.
Resilient Economic Growth
Out of 17 economic activities in Qatar, 11 recorded positive real growth in Q2 2025, highlighting the resilience of the economy. Service-related sectors such as accommodation, food services, and entertainment continued to grow, supported by rising domestic demand and Qatar’s growing appeal as a business and tourism destination.
Regional Outlook
Qatar’s economic growth aligns with broader regional trends, with the Gulf Cooperation Council (GCC) expected to experience 3.2% growth in 2025, followed by 4.5% in 2026, according to a World Bank report released earlier this year. Qatar’s ongoing economic diversification is positioning the country for sustained growth and long-term prosperity.
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