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Qatar's non-energy economy is expected to grow steadily in 2025, according to Oxford Economics
Qatar's non-energy economy is expected to experience sustained growth in 2025, according to Oxford Economics, which highlights that tourism has strongly supported non-energy growth and will remain a driver of future activity and employment.
"Production data released in April showed that the non-energy economy grew by 3.4% last year, and we expect the same pace of growth in 2025," Oxford Economics said in its latest country report.
Tourism has provided significant support to non-energy growth and will remain a driver of future activity and employment, it said.
Qatar will welcome 5.1 million overnight arrivals in 2024, a 25% increase from 2023 and a 138% increase from 2019 levels.
"The launch of the pan-GCC visa will likely help extend this positive performance, and we forecast arrivals to reach 5.3 million this year," said Oxford Economics.