Non-hydrocarbon GDP grows 2.6%
The non-hydrocarbon gross domestic product (GDP) in Qatar grew by 2.6% during the second quarter of 2026, despite regional challenges and their impact on the energy and trade sectors. The report focused on the performance of non-hydrocarbon sectors, particularly real estate activities, which increased by 11%, as well as the finance and insurance sectors, which grew by 8.3%, and construction, which rose by 5.5%. Conversely, hydrocarbon output declined by 50.7% due to restrictions on shipping and export movements. The results highlight Qatar's economic resilience, emphasizing the importance of economic diversification and strengthening its capabilities to face crises, while continuously boosting productivity and competitiveness to achieve sustainable long-term growth.
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