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Economy/MacroArticle

Qatar’s economy contracts 7% in first quarter amid energy decline

The contraction marks the first decline in over a decade as energy sector output falls.

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Elena Kovač · Central Banks Desk · 31 Aug 2026 · 11:37 · 1 min read
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Qatar’s economy contracts 7% in first quarter amid energy decline

Qatar’s economy shrank by 7% in the first quarter compared with the same period last year, driven by a decline in energy sector activity. The drop follows a decade of growth and reflects reduced output in the country’s dominant hydrocarbon industry.

Further details on sector-specific contributions or policy responses were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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