Qatar Non-oil GDP rises 3.5% in Q1
Qatar's non-oil GDP grew by 3.5% in the first quarter of 2026, despite regional challenges such as rising transportation and insurance costs and the impact of the Middle East war on energy production. The growth was primarily driven by the construction and building sectors (+6.2%), wholesale and retail trade (+9%), and real estate activities (+6.1%), while oil and gas output declined by 25.8% due to a significant halt in production caused by the war. Despite the downturn in the oil sectors, the economy remained stable through economic diversification and strong reserves, reflecting the effectiveness of long-term planning to achieve the development goals of Qatar National Vision 2030.
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