Qatar’s economy grew 1.9% in Q2 2025, powered by strong gains across non-hydrocarbon sectors. Non-oil activities contributed 65.6% of real GDP, increasing to QAR 119.3 billion from QAR 115.4 billion a year earlier.
Growth was broad-based. Agriculture, forestry, and fishing surged 15.8%, while accommodation and food services expanded 13.4%. Arts and recreation rose 8.9%, wholesale and retail trade climbed 8.8%, and construction advanced 8.7%. In total, 11 of 17 economic sectors recorded positive growth, reflecting the resilience of Qatar’s economy.
Officials attribute the performance to the Third National Development Strategy and Qatar National Vision 2030, which prioritize diversification beyond hydrocarbons. The government continues to invest in tourism, infrastructure, and services, allowing the private sector to play a larger role in driving growth.
This shift reduces Qatar’s dependence on energy exports and helps shield the economy from commodity market volatility. Authorities are also promoting foreign direct investment, innovation, and digital transformation to strengthen competitiveness.
Economists note that sustained progress depends on structural reforms and policy agility. Global headwinds, including slowing trade and geopolitical tensions, could still challenge growth momentum. Supply chain disruptions and weaker demand in key markets remain potential risks.
Looking ahead, Qatar plans to channel LNG revenues into high-value, productive sectors. Policymakers believe this approach will build a more balanced and sustainable economy.
The latest data confirms that Qatar’s diversification strategy is delivering results. By continuing to expand its non-hydrocarbon base, Qatar is positioning itself for stable, long-term growth despite a volatile global environment.