February 2021 Sees Qatar’s Economy Rebound on Non-Energy Private Sector, Manufacturing the Strongest

Qatar’s economy saw a solid rebound in February 2021, on higher output and new businesses alongside heightened demand and increased employment opportunities, according to the Qatar Financial Centre. This was mainly attributed to Qatar’s non-energy private sector, especially manufacturing and construction.

Why it matters?

Expectations regarding output for the next 12 months remain positive. Purchasing Mangers’ Index (PMI) data of the fourth quarter of 2020 was in line with the growth recovery that was seen, while January and February 2021 data show the highest quarterly expansion since the fourth quarter of 2017.

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