Qatar Economy Contracts 7% As Energy Output Slumps Arabian Post
Arabian Post Staff -Dubai
Qatar's economy contracted 7 per cent year on year in the first quarter of 2026 as conflict-driven disruptions sharply reduced hydrocarbon production, official data showed, overwhelming continued growth across much of the non-energy economy.Gross domestic product fell to 170.8 billion riyals from a revised 183.7 billion riyals in the first three months of 2025, according to figures released by Qatar's National Planning Council. Compared with the fourth quarter of 2025, output declined 7.9 per cent.
The steepest damage came from mining and quarrying, a category dominated by oil and gas production. Activity in the sector dropped 25.8 per cent from a year earlier to 49 billion riyals, making it the largest drag on overall growth and reducing its share of the economy to less than three-tenths.
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