Quarterly Gross Domestic Product by Economic Activities Fourth Quarter, 2019

08/04/2020



The Planning and Statistics Authority (PSA) have released the preliminary estimates of Gross Domestic Product (GDP) at current and constant prices for the fourth quarter (Q4) of 2019. The estimates have been produced by using the data collected through the Quarterly Economic Indicator Survey and from other source agencies. The estimates for the third quarter of 2019 have been revised.
HIGHLIGHTS
• Gross Domestic Product at current prices (Nominal GDP) decrease by 7.2% in the fourth quarter of 2019 over the fourth quarter of 2018.
• Quarterly Gross Domestic Product at constant prices (Real GDP, 2013=100) decrease by 0.6% in the fourth quarter of 2019, year-on-year.
• Mining and Quarrying activities decrease by 3.4% compared to the fourth quarter of 2018, at constant prices.
• Non Mining and Quarrying activities increase by 2.0% year on year, at constant prices.
• Quarterly Gross Domestic Product at constant prices revised estimates for the third quarter of 2019 are virtually unchanged when compared to the third quarter of 2018.
Fourth Quarter 2019
Nominal and Real GDP Estimates
The quarterly GDP at current prices in Q4 of 2019 is estimated at QR 167.76 billion. This represents a decrease of 7.2% compared to the estimate of Q4 of 2018 placed at QR 180.74 billion. When compared to previous quarter (Q3 of 2019) revised estimate of QR 167.45 billion, an increase of 0.2% is recorded.
The quarterly GDP at constant prices (2013=100) in Q4 of 2019 (QR 206.58 billion) shows a decrease of 0.6% compared to the estimate of Q4 of 2018 (QR 207.75 billion). However, compared to Q3 of 2019 revised estimate of QR 209.52 billion a decrease of 1.4% is recorded.
Mining and Quarrying Activities
The nominal Gross Value Added (GVA) estimate of Mining and Quarrying activities is estimated at QR 54.68 billion in Q4 2019, which shows a decrease of 19.0% over the estimate of Q4 2018 placed at QR 67.51 billion. Compared to the previous quarter (Q3 of 2019) revised estimate, there has been a decrease of 1.9% in the GVA of this sector.
The real GVA of these activities in Q4 2019 is estimated at QR 93.81 billion, which shows a decrease of 3.4% over the estimate of Q4 2018 (QR 97.14 billion). Compared to Q3 2019 revised estimate, a decrease of 3.4% in the real GVA of this sector is also recorded.
Non-Mining and Quarrying Activities
The nominal GVA estimate of Non-Mining and Quarrying activities is estimated at QR 113.08 billion in Q4 2019, which shows a decrease of 0.1% over the estimate of Q4 2018 (QR 113.24 billion). Compared to the previous quarter (Q3 of 2019) revised estimate, an increase of 1.2% has been recorded.
The real GVA of these activities totaled QR 112.77 billion in Q4 2019, which shows an increase of 2.0% over the corresponding quarter in 2018 (QR 110.61 billion). However, compared to Q3 2019 revised estimate, the real GVA of Non-Mining and Quarrying activities has increased by 0.3%.

 
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