Latest news with #NationalStatisticsCenter
Zawya
02-07-2025
- Business
- Zawya
Qatar's economy continues to grow 3.7% in Q1 2025
Doha, Qatar: The National Planning Council (NPC) has announced GDP data for the first quarter of 2025, with Qatar's economy registering real GDP growth of 3.7% compared to the same period in 2024. GDP at constant prices reached QR181.5bn in the first quarter of 2025,compared to QR175bn 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% of real GDP for the first quarter of 2025, around QR115bn, a growing share compared to the 62.6% figure in the same period in 2024. The non-hydrocarbon economy is delivering accelerated year-on-year growth of 5.3% in the first quarter of 2025 compared to the same last year reflecting the ongoing expansion of various economic activities away from the traditional reliance on hydrocarbon related activities. The growth of the non-hydrocarbon economy by 5.3% in the first quarter of this year is attributed to the growth in the manufacturing sector which increased by+5.6%, the construction sector +4.4%, the real estate sector +7.0% and the wholesale and retail trade sector +14.6%. Significant increases were also recorded in relatively smaller parts of the economy including the accommodation and food services sector +13.8%, and the transport and storage sector +3.5%, demonstrating broad-based growth and continued growth in tourism activity in the State of Qatar. The continued and consistent growth of the non-hydrocarbon economy in the first quarter of 2025 demonstrates the effectiveness of the State's policies and reforms in improving the business environment and providing opportunities to the private sector. It also demonstrates strong commitment of both public and private sectors to invest in the local market and drive growth through the implementation of the Third National Development Strategy, in line with the economic diversification roadmap set out by Qatar's National Vision 2030. Non-hydrocarbon growth was not limited to manufacturing and production activities, service activities also witnessed growth compared to the same period in 2024,professional including scientific and technical activities +7.2%,human health and social work+2.6%, and the education sector +0.1%. Service activities continue to be a priority for government and these growth rates demonstrate an intensification of efforts to enhance quality of life and human capital in Qatar, and continually increase Qatar's global competitiveness. Despite the volatility facing the global economy and its potential impact on oil and gas prices, growth in hydrocarbon activities continues, now accounting for 36.4% of Qatar's real GDP, around QR66bn, with a growth rate of 1.0% compared to the same period of 2024. These figures reflect continued strong demand for Qatari hydrocarbon products, as well as the resilience of the Qatari economy in the face of global economic challenges. Commenting on the latest GDP figures, Dr. Abdulaziz bin Nasser bin Mubarak Al Khalifa, Secretary General of the National Planning Council said: 'These indicators highlight the progress of Qatar's economy, particularly in terms of non-hydrocarbon economic growth, whose activities have recorded remarkable growth demonstrating greater diversification and stability for Qatar's economy as the State continues to strive to build a sustainable economy. The current growth rates also indicate additional opportunities for development, as there remains significant potential that we seek to unlock through the Third National Development Strategy to continue to build sustainable economic growth that offers unique investment and entrepreneurial opportunities for the private sector.' © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
ILoveQatar.net
01-07-2025
- Business
- ILoveQatar.net
Qatar's economy continues sustainable growth of 3.7% in Q1 2025
The National Planning Council (NPC) has announced GDP data for the first quarter of 2025, with Qatar's economy registering real GDP growth of 3.7% compared to the same period in 2024. In a press release, the NPC said GDP at constant prices reached QR 181.5 billion in the first quarter of 2025, compared to QAR 175 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% of real GDP for the first quarter of 2025, around QAR 115 billion, a growing share compared to the 62.6% figure in the same period in 2024. The non-hydrocarbon economy is delivering accelerated year-on-year growth of 5.3% in the first quarter of 2025 compared to the same last year reflecting the ongoing expansion of various economic activities away from the traditional reliance on hydrocarbon related activities. The growth of the non-hydrocarbon economy by 5.3% in the first quarter of this year is attributed to the growth in the manufacturing sector which increased by +5.6%, the construction sector +4.4%, the real estate sector +7.0% and the wholesale and retail trade sector +14.6%. Significant increases were also recorded in relatively smaller parts of the economy including the accommodation and food services sector +13.8%, and the transport and storage sector +3.5%, demonstrating broad-based growth and continued growth in tourism activity in the State of Qatar. The continued and consistent growth of the non-hydrocarbon economy in the first quarter of 2025 demonstrates the effectiveness of the State's policies and reforms in improving the business environment and providing opportunities to the private sector. It also demonstrates strong commitment of both public and private sectors to invest in the local market and drive growth through the implementation of the Third National Development Strategy, in line with the economic diversification roadmap set out by Qatar's National Vision 2030. Non-hydrocarbon growth was not limited to manufacturing and production activities, service activities also witnessed growth compared to the same period in 2024, professional including scientific and technical activities +7.2%, human health and social work +2.6%, and the education sector +0.1%. Service activities continue to be a priority for government and these growth rates demonstrate an intensification of efforts to enhance quality of life and human capital in Qatar, and continually increase Qatar's global competitiveness. Despite the volatility facing the global economy and its potential impact on oil and gas prices, growth in hydrocarbon activities continues, now accounting for 36.4% of Qatar's real GDP, around QR 66 billion, with a growth rate of 1.0% compared to the same period of 2024. These figures reflect continued strong demand for Qatari hydrocarbon products, as well as the resilience of the Qatari economy in the face of global economic challenges. Commenting on the latest GDP figures, HE Secretary General of the National Planning Council Dr. Abdulaziz bin Nasser bin Mubarak Al Khalifa said: "These indicators highlight the progress of Qatar's economy, particularly in terms of non-hydrocarbon economic growth, whose activities have recorded remarkable growth, demonstrating greater diversification and stability for Qatar's economy as the State continues to strive to build a sustainable economy. The current growth rates also indicate additional opportunities for development, as there remains significant potential that we seek to unlock through the Third National Development Strategy to continue to build sustainable economic growth that offers unique investment and entrepreneurial opportunities for the private sector."
Economy ME
01-07-2025
- Business
- Economy ME
Qatar reports $49.85 billion GDP growth driven by non-hydrocarbon activities in Q1 2025
Qatar's economy registered real GDP growth of 3.7 percent in the first quarter of 2025, compared to the same period in 2024. According to the National Planning Council , GDP at constant prices reached QAR181.5 billion ($49.85 billion) in the first quarter of 2025, compared to QAR175 billion ($48.06 billion) in the corresponding quarter of the previous year. These results indicate strong progress toward achieving sustainable growth, built on diversifying the economy beyond hydrocarbon activities and increasing the contribution of the private sector, in line with the Third National Development Strategy (NDS3) and Qatar's National Vision 2030. To provide a more accurate assessment of the national economy, the National Statistics Center, within the National Planning Council, employed an updated methodology for calculating GDP and revised quarterly GDP data for the period between 2018 and 2024. The revisions in methodology focused on updating indicators for various economic activities and introducing 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 QAR115 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 period last year, reflecting the ongoing expansion of various economic activities away from the traditional reliance on hydrocarbon-related activities. Read more: Qatar's Islamic finance assets grow 4.1 percent YoY to $187.6 billion in 2024 Notable growth across sectors The growth of the non-hydrocarbon economy by 5.3 percent in the first quarter of this year is attributed to several sectors. The manufacturing sector increased by 5.6 percent. The construction sector grew by 4.4 percent. The real estate sector saw an increase of 7.0 percent. Additionally, the wholesale and retail trade sector experienced significant growth of 14.6 percent. Notable increases were also recorded in smaller sectors of the economy. The accommodation and food services sector grew by 13.8 percent. The transport and storage sector increased by 3.5 percent. These figures demonstrate broad-based growth and continued expansion in tourism activity in Qatar. The consistent growth of the non-hydrocarbon economy in the first quarter of 2025 illustrates the effectiveness of the State's policies and reforms in improving the business environment and providing opportunities for the private sector. It also reflects the strong commitment of both public and private sectors to invest in the local market and drive growth through the implementation of the Third National Development Strategy, in alignment with the economic diversification roadmap outlined by Qatar's National Vision 2030. Non-hydrocarbon growth was not limited to manufacturing and production activities; service activities also experienced growth compared to the same period in 2024, including professional, scientific, and technical activities at 7.2 percent, human health and social work at 2.6 percent, and the education sector at 0.1 percent. Service activities remain a priority for the government, and these growth rates demonstrate an intensification of efforts to enhance quality of life and human capital in Qatar, continually increasing Qatar's global competitiveness. Hydrocarbon growth Despite the volatility facing the global economy and its potential impact on oil and gas prices, growth in hydrocarbon activities persists, now accounting for 36.4 percent of Qatar's real GDP, around QAR66 billion, with a growth rate of 1.0 percent compared to the same period in 2024. These figures reflect continued strong demand for Qatari hydrocarbon products, as well as the resilience of the Qatari economy in the face of global economic challenges. Commenting on the latest GDP figures, HE Secretary General of the National Planning Council Dr. Abdulaziz bin Nasser bin Mubarak Al Khalifa, His Excellency secretary general of the National Planning Council, said: 'These indicators highlight the progress of Qatar's economy, particularly in terms of non-hydrocarbon economic growth, whose activities have recorded remarkable growth demonstrating greater diversification and stability for Qatar's economy as the State continues to strive to build a sustainable economy. The current growth rates also indicate additional opportunities for development, as there remains significant potential that we seek to unlock through the Third National Development Strategy to continue to build sustainable economic growth that offers unique investment and entrepreneurial opportunities for the private sector.'
Qatar Tribune
28-05-2025
- Politics
- Qatar Tribune
National Planning Council organises workshop on Simplified General Census of Population
DOHA: The National Planning Council, represented by the National Statistics Center, has organised a national workshop for various government entities concerned with administrative records in the State of Qatar. The workshop focused on the upcoming Simplified General Census of Population, Housing and Establishments 2025, under the theme 'Digital Records, Robust Automation and National Data Partnership'. This census is the first of its kind to be conducted in Qatar by relying entirely on administrative records without the need for any traditional field surveys. This strategic step aims to modernize the national statistical system and improve the efficiency and quality of data. The new administrative model leverages existing administrative records in government entities, which enhances data reliability and supports planning and decision-making processes at the national and sectoral levels. The implementation phase of the census is expected to begin by the end of this year. The workshop featured a series of specialized technical presentations by experts from the National Statistics Center, covering key aspects of the administrative census. Topics included the presentation of the national vision and the roadmap towards transitioning to the administrative census model, leading to the 2030 census. Presentations also discussed the technical methodology of the census, and mechanisms of inter-agency integration, data provision requirements, quality assurance and security, in addition to reviewing the role of technical work groups and determining the entities' needs from census data. The workshop also shed light on the challenges associated with the traditional model, and the role of the modern administrative model in supporting public policies. Participants included representatives from government data teams, technical groups, and planning and policy departments engaged in administrative records related to population, housing, labor, establishments and economic data. The workshop opened with a keynote by Director General of the National Statistics Center Ahmad Hassan Mohammed Al Obaidli, who emphasized that the 2025 census constitutes a turning point in the production of official statistics in Qatar, as it is the first census to rely entirely on administrative records, which enhances data accuracy and enables timely access to high-quality information for all government agencies, ultimately strengthening public policy development. The workshop concluded with a call for strengthened collaboration and coordination among all government entities to ensure the success of the 2025 Census. Emphasis was placed on maximizing the country's advanced digital infrastructure and activating an integrated statistical system that supports decision-makers and fosters a culture of data-driven planning.
Qatar Tribune
04-05-2025
- Business
- Qatar Tribune
NPC launches Nat'l Data and Statistics Strategy
Tribune News Network Doha Under the patronage of Prime Minister and Minister of Foreign Affairs, and President of the National Planning Council (NPC), HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Deputy Prime Minister and Minister of State for Defense Affairs, Vice – President of the National Planning Council HE Sheikh Saoud bin Abdulrahman bin Hassan bin Ali Al Thani officially launched the National Data and Statistics Strategy during a ceremony on Sunday. The National Data and Statistics Strategy serves as a strategic framework to enhance data governance, improve accessibility, and meet the demands of a rapidly evolving digital landscape. Built on three core pillars, the strategy aims to: Ensure the highest standards of data and statistical reliability through the National Statistics Center Build an integrated and interconnected national data ecosystem Leverage big data, data technologies, and artificial intelligence across operations, with the goal of positioning the National Statistics Center among the top statistical institutions globally. The launch marks one year since the establishment of the National Planning Council. The Council was created to drive Qatar's development agenda and foster strategic partnerships with government entities, ministries, private sector and experts. This enables data-driven planning and delivers sustainable, tangible impact in both the short and long term. page 3
