Doha - Mubasher: Qatar’s real Gross Domestic Product (GDP) estimate for the third quarter of 2016 grew 3.7% to QAR 204.62 billion compared with QAR 197.47 billion for the same period of the previous year, according to a report published by the Ministry of Development Planning and Statistics.
The country’s GDP at constant prices (with a base year of 2013) is estimated to be QAR204.62bn, an increase of 3.6% compared to the second quarter of 2016.
The hydrocarbons segment witnessed a 3.2% real growth and non-hydrocarbons by 4.1% against the second quarter of 2016, stated the report.
Among non-hydrocarbons, the construction sector’s real growth is estimated to be 12.4% year-on-year and 6.2% compared to second quarter 2016, while transport and storage saw a 7.9% expansion year-on-year, but a marginal 0.2% dip against second quarter of 2016.
