Qatari economy stays resilient amid external pressures
Qatar achieved a 3.5% growth in non-hydrocarbon GDP during the first quarter of 2026, while hydrocarbon output declined by 25.8% due to regional shipping and export restrictions, leading to an overall GDP decrease of 7% year-on-year. The construction and building sector grew by 6.2%, wholesale and retail trade by 9%, and real estate activities by 6.1%, reflecting the country's economic diversification and support for Qatar National Vision 2030. Despite geopolitical challenges, Qatar maintained economic stability through government measures to support markets and supply chains, reaffirming the resilience of the local economy.
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