Non-hydrocarbon sectors of Qatar account for 65.5% of GDP: OBG report - qatar-tribune.com
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GCC CONTEXT
Qatar's economic diversification away from oil and gas has accelerated over the past two decades, with non-hydrocarbon sectors now representing nearly two-thirds of GDP—a structural shift driven by deliberate policy initiatives including Vision 2030 and the development of petrochemicals, finance, logistics, and tourism. This pattern mirrors broader GCC efforts to reduce hydrocarbon dependency, though Qatar's progress reflects specific advantages in liquefied natural gas revenues that have funded infrastructure and sovereign wealth accumulation. The rising share of non-hydrocarbon activity reflects both sectoral growth and the relative stability of gas production, creating a more diversified economic base that influences currency stability, fiscal flexibility, and regional competitiveness i
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