The Ministry of Development Planning and Statistics (MDPS) have released the preliminary estimates of gross domestic product (GDP) at current and constant prices for the second quarter (Q2) of 2017. GDP by economic activities and by components of expenditure are given in this release. The estimates have been produced by using the data collected through the Quarterly Economic Indicator Survey and from other source agencies.
GDP at current and constant prices for the last eight quarters are given in this report. Nominal GDP estimates by components of expenditure are also provided. Revised estimates for the previous quarter of 2017 have been revised and updated according to the availability of new data. Classification of economic activities follows the International Standard Industrial Classification (ISIC Rev.4).
HIGHLIGHTS
• Real gross domestic product at constant prices, (2013=100) growth is 0.6% in the second quarter of 2017 over the same quarter in 2016.
• Mining and quarrying activities decrease by 2.7% in real terms in the second quarter of 2017 when compared to the second quarter of 2016.
• Non-mining and quarrying activities real growth in is 3.9%, year on year.
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