Qatar's Non-Energy Sector: Sustained Growth and Promising Outlook
Introduction : Qatar's non-energy private sector economy has experienced remarkable growth, defying expectations and painting a positive picture for the future. According to recent data from the Qatar Financial Centre (QFC), the sector has shown sustained expansion throughout 2023, with a 12-month outlook that remains firmly optimistic across all sectors. This article explores the key findings from the latest Purchasing Managers' Index (PMI) survey and sheds light on the factors contributing to the sector's success. Solid Performance and Positive Contributions : The PMI survey results reveal that growth rates for output, new orders, employment, and purchasing have remained solid, indicating a thriving non-energy economy. The survey, conducted among a panel of around 450 private sector companies spanning various industries such as manufacturing, construction, wholesale, retail, and services, provides an accurate reflection of the non-energy economy based on official nation