First Quarter 2021 Nominal and Real GDP Estimates
The quarterly GDP at current prices in Q1 of 2021 is estimated at QR 147.211 billion. This represents a decrease of 2.3% compared to the estimate of Q1 of 2020 placed at QR 150.618 billion. When compared to previous quarter (Q4) of 2020 revised estimate of QR 134.819 billion, an increase of 9.2% is recorded.
The quarterly GDP at constant prices (2018=100) shows a decrease of 2.5% in Q1 of 2021 (QR 161.660 billion) compared to the estimate of Q1 of 2020 (QR 165.852 billion). When compared to Q4 of 2020 revised estimate (QR 163.446 billion), a decrease of 1.1% is also recorded.
Mining and Quarrying Activities
The nominal Gross Value Added (GVA) estimate of Mining and Quarrying activities is estimated at QR 51.32 billion in Q1 2021, which shows a decrease of 0.5% over the estimate of Q1 2020 placed at QR 51.60 billion. Compared to the previous quarter revised estimate (QR 38.88 billion), an increase of 32.0% in the GVA of this sector is recorded.
The real GVA of these activities is estimated at QR 62.87 billion in Q1 2021, which shows a decrease of 2.3% compared to the estimate of Q1 2020 (QR 64.32 billion). Compared to Q4 2020 revised estimate (QR 60.46 billion), an increase of 4.0% 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 95.89 billion in Q1 2021, which shows a decrease of 3.2% over the estimate of Q1 2020 (QR 99.03 billion). Compared to the previous quarter revised estimate (QR 95.94 billion), an increase of 0.05% is recorded.
The real GVA of Non-Mining and Quarrying activities is estimated at QR 98.79 billion in Q1 2021, which shows a decrease of 2.7% over the estimate of the corresponding quarter in 2020 (QR 101.53 billion). When compared to the Q4 2020 revised estimate (QR 101.99 billion), a decrease of 4.1% is also recorded.
