Industry in Qatar

Qatar Industry | Economic News & Forecasts

Qatar - Industry

Although the economy expanded at a weak pace in the first three months of 2018 due to a decrease in mining and quarrying output, construction activity increased significantly as preparations continued for the 2022 World Cup. Meanwhile, the economy has shown signs of strength in recent months: In May, the merchandise trade surplus grew by nearly 40% year-on-year due to increased energy exports. This highlights the resilience of the external sector, given that Qatar continues to face a trade embargo from several of its neighbors, led by Saudi Arabia. Moreover, in June, business conditions improved in the non-oil and gas private sector for the eleventh consecutive month.

Qatar - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)2.2  1.9  1.7  0.8  1.5  

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Qatar Facts

Exchange Rate3.64-0.03 %Aug 15
Stock Market0.30.34 %Aug 15

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