Qatar’s real economy in good shape

Non-hydrocarbon economy driving GDP growth

Source: Planning and Statistics Authority, Al Rayan Investment

• Non-hydrocarbon GDP growth is an important barometer of the health of the private sector; many of the larger private sector companies are listed on the Qatar Stock Exchange.

• After the Covid-19 impact on 2020 GDP, 2021 saw improvement across the economy, as hydrocarbon prices bounced and COVID-19 restrictions eased. 2022 was boosted ahead of the start of FIFA World Cup Qatar 2022.

• Over the next decade, Qatar’s economic growth will be led by the expansion of LNG production capacity coupled with the legacy of the FIFA World Cup Qatar 2022.