Real GDP estimates for the third quarter of 2025 reached QAR186.1 billion at constant prices, compared with QAR180.9 billion in the third quarter of 2024

Qatar’s economy maintained growth in the third quarter of 2025, with real GDP rising by 2.9 percent compared to the third quarter of 2024. This growth was driven primarily by non-oil activities, which expanded by 4.4 percent, according to a recent statement issued by the National Planning Council (NPC).

Real GDP estimates for the third quarter of 2025 reached QAR186.1 billion at constant prices, compared with QAR180.9 billion in the third quarter of 2024.

Non-oil activities account for 65.5 percent of real GDP

The statement revealed that non-oil activities accounted for 65.5 percent of real GDP, with value added reaching QAR121.9 billion in the third quarter of 2025, compared to QAR116.8 billion in the same period of 2024. This represents a year-on-year increase of 4.4 percent, in line with the objectives of the Third National Development Strategy (NDS3) and Qatar National Vision 2030.

Within Qatar’s non-oil economy, the fastest-growing activities on a year-on-year basis were construction, wholesale and retail trade, repair of motor vehicles and motorcycles, and accommodation and food service activities.

The expansion reflects rising domestic demand, increased visitor activity and the continued rollout of infrastructure and public-sector projects, with positive spillover effects across services and trade.

Read: Gulf net wealth soars past $7.5 trillion as Saudi Arabia, UAE and Qatar hit records

15 of 17 economic activities record positive real growth

The Secretary General of NPC, Dr. Abdulaziz bin Nasser bin Mubarak Al Khalifa, affirmed that these results reflect the resilience of Qatar’s economy and the continuity of the path of economic diversification, as it achieves real growth, driven by the strong performance of non-oil activities.

He added that this performance underscores the success of economic and development policies in enhancing the contribution of productive and service sectors, in line with the targets of the Third National Development Strategy and strengthens the national economy’s ability to achieve sustainable and balanced growth over the medium and long term.

Overall, 15 of 17 economic activities recorded positive real growth in the third quarter of 2025, demonstrating the resilience of Qatar’s economic base. The NPC’s National Statistics Center continues to refine its methods for measuring GDP, with recent revisions applied to the estimates of the third quarter of 2024.

As part of ongoing efforts to align national accounts with international best practices, a comprehensive revision of Qatar’s national accounts is underway and scheduled for completion by the first quarter of 2026.

Comments are closed.