Qatar's economy grows 3.7% in Q1 2025
Doha
The Qatari economy achieved real growth of 3.7 percent at constant prices during the first quarter of 2025, compared to the same period in the previous year.
In a press release on Monday, the National Planning Council (NPC) said GDP at constant prices reached QR181.5 billion in the first quarter of 2025, compared to QR175 billion in the same quarter of the previous year.
These results indicate strong progress towards achieving sustainable growth, built on diversifying the economy beyond hydrocarbon activities and increasing the contribution of the private sector in accordance with the Third National Development Strategy (NDS3) and Qatar's National Vision 2030.
To provide a more accurate reading of the national economy, the National Statistics Center, within the National Planning Council, deployed an updated methodology for calculating GDP, and has revised quarterly GDP data for the period between 2018 and 2024. The revisions in the methodology revolved around updating indicators for different economic activities, and introducing other advanced calculations that align with international standards for measuring output.
Data issued by the National Statistics Centre highlighted the results of national efforts in strengthening the non-hydrocarbon economy, whose contribution constituted 63.6 percent of real GDP for the first quarter of 2025, around QR115 billion, a growing share compared to the 62.6 percent figure in the same period in 2024. The non-hydrocarbon economy is delivering accelerated year-on-year growth of 5.3 percent in the first quarter of 2025 compared to the same last year.
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