(Source: QNB - Qatar National Bank SAQ) Download the PDF version of this weekly commentary in English or عربي The non-hydrocarbon sector in Qatar continues to drive economic growth, pushing its share of GDP to over half (50.7%) in Q3 2014 for the first time from 49.0% in Q2 2014. Real GDP growth accelerated to 6.0% in the year to Q3 2014 from 5.7% in the previous quarter, according to figures released by the Ministry of Development Planning and Statistics (MDPS). Rapid growth in the non-hydrocarbon sector averaged 11.9% in Q1 2014 to Q3 2014, even higher than our forecast of 11.2% for the full year (see Qatar Economic Insight September 2014 report). Non-hydrocarbon growth was...
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