Qatar Central Bank Reports 2.9% GDP Growth and 82% Digital Payments by 2025
The Qatar Central Bank's 2025 report confirms the stability of Qatar's financial sector, with the economy growing by approximately 2.9%, driven by domestic demand and non-oil sectors, despite external challenges. The banking sector saw a 5.1% increase in assets, and capital reserves and liquidity levels were above the minimum standards, with institutions maintaining their ability to withstand various scenarios through stress tests. Additionally, the digital payment system experienced significant development, with payment values increasing by 82% compared to the previous year. Information security was strengthened through cybersecurity exercises and awareness initiatives, ensuring the stability and resilience of Qatar's financial system in 2025.
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