Qatar is set to be one of the fastest-growing economies in the region in 2026, with real GDP growth projected at 5.2%, driven by expanding LNG capacity, stronger exports, and sustained diversification-related investment, according to Fitch Solutions’ latest MENA Macro report.
GCC-wide growth is expected to rise from 4.2% in 2025 to 4.8% in 2026, supported by higher hydrocarbon output and resilient non-oil activity, with Qatar, the UAE, and Saudi Arabia leading the bloc.
Qatar’s outlook benefits from the phasing out of OPEC+ production curbs and continued LNG expansion, boosting hydrocarbon output and exports. Strong global LNG demand, alongside trade agreements, re-export activity, growing manufacturing, and robust tourism, will support non-oil growth. Despite softer oil prices, diversification momentum in Qatar and the GCC is expected to continue.
