The 2023 GDP data for Qatar shows a significant concentration in mining, manufacturing, and utilities, which accounted for 38.31%, highlighting the dominance of energy-related industries. The services sector followed with 34.55%, demonstrating substantial economic diversification. Construction and wholesale, retail trade, restaurants, and hotels combined for a notable share approximately at 22.12%, reflecting ongoing infrastructure projects and consumer-driven growth. Transport, storage, and communication represented a smaller portion at 4.84%, whereas agriculture and related activities made up a mere 0.18%, indicative of limited natural resource agricultural output. Year-on-year variations suggest a marginal increase across most sectors over the last two years, with a 5-year CAGR indicating modest growth, especially in non-energy sectors.
Future trends to watch include increasing investment in renewable energy, which may alter the production landscape within the mining, manufacturing, and utilities sectors. Additionally, the continued expansion of the services sector is expected, driven by tourism and financial services development, while technological advancements may boost the transport sector’s contributions to GDP.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 38.31 | 2016 | |
| 2 | 2 Services | 34.55 | 2016 | |
| 3 | 3 Construction | 11.37 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 10.75 | 2016 | |
| 5 | 5 Transport, storage and communication | 4.84 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 0.18 | 2016 |
