• Nominal GDP [GDP at current prices] at 188.48 Billion Qatari Riyal is up by 5.8%in the Q4, 2013 over Q4, 2012 estimate. • Real GDP [GDP at constant (2004) prices] growth is up by 5.6% in the Q4 of 2013 against Q4, 2012 estimate.      Ministry of Development Planning and Statistics (MDPS) have released the preliminary estimates of Gross Domestic Product (GDP) at constant and current prices for the Fourth Quarter (Q4) of 2013. The estimates have been produced by using the data collected through the Quarterly Economic Indicator Survey and from other source agencies.  I: Nominal GDP Estimates [GDP at Current Prices]  The quarterly GDP at current prices in the Q4 of 2013 is estimated at 188.48 billion Qatari Riyal. This represents an increase of 5.8% compared to the estimate of Q4 of 2012 placed at 178.10 billion Qatari Riyal. When compared to previous quarter [Q3 of 2013] revised estimates of 184.26 billion Qatari Riyal, an increase of 2.3% has been noticed. Mining and Quarrying (including Oil and Gas): The Gross Value Added (GVA) estimate of this sector in the Q4, 2013 is 99.69 billion Qatari Riyal, which shows an increase of 2.0% over the estimate of Q4, 2012 placed at 97.73 billion Qatari Riyal. Compared to the previous quarter (Q3 of 2013) revised estimates, there has been a rise of 0.8% in the GVA of this sector. Non-Mining and Quarrying: The GVA of these sectors in the Q4, 2013 has been estimated at 88.79 billion Qatari Riyal, which shows an increase of 10.5% over the estimate of Q4, 2012 placed at 80.38 billion Qatari Riyal. Details of the sectoral level preliminary GVA estimates in Q4, 2013, the revised estimates of all the quarters of 2012 and the three quarters of 2013 are available in the Tables 1 and 3 in the attached document. An analysis by major industry group, comparing the performance in Q4 of 2013 with the corresponding quarter in 2012 [Year-on-Year Basis] and with the third quarter (Q3) of 2013 is given in the following paragraphs. Manufacturing: The GVA of manufacturing sector is estimated at 18.14 billion Qatari Riyal (almost at the previous quarter level) in Q4 of 2013 showing a decline of 5.1% over the estimate of corresponding quarter of 2012 [19.11 billion Qatari Riyal]. Construction: The GVA of the construction at 9.28 billion Qatari Riyal in Q4 of 2013 shows an increase of 16.7% when compared to the estimate of corresponding quarter of 2012 [7.95 billion Qatari Riyal in Q4 of 2012].This double digit increase is due to rising production volume seen in this quarter. Compared to the previous quarter (Q3 of 2013) revised estimate, an increase of 4.4% is noted. Trade, Hotel and Restaurants: The GVA of this group is estimated at 13.17 billion Qatari Riyal in Q4 of 2013 registering an increase of 23.7% over the estimate of corresponding quarter of 2012 [10.64 billion Qatari Riyal in Q4 of 2012]. Compared to the previous quarter (Q3 of 2013) revised estimates, there has been an increase of 6.7% in Q4, 2013, which has resulted from high volume of trading and hospitality activities. Transport and Communication: This sector generated a value added of 6.70 billion Qatari Riyal in Q4, 2013 against 6.06 billion Qatari Riyal in Q4, 2012 showing a rise of 10.7%. Compared to the previous quarter, Q3 of 2013, a decline of 1.8% in the GVA estimate has been noticed in this group.Finance, Insurance, Real Estate & Business Services: The GVA of this group of economic activities is estimated at 24.13 billion Qatari Riyal in Q4 of 2013, showing an increase of 22.0%, (primarily due to rise in banking and real estate sectors) when compared to the corresponding quarter (Q4) estimate of 19.77 billion Qatari Riyal in 2012. Compared to the previous quarter, Q3 of 2013, a rise of 10% in the GVA estimate has been registered in this group. Government Services: The contribution of the “Government Services” is estimated at 17.93 billion Qatari Riyal in Q4 of 2013, which is 7.0% higher than the estimate [16.76 billion Qatari Riyal] of Q4 of 2012. II: Real GDP Estimates [GDP at Constant (2004) Prices] The quarterly GDP in the Q4 of 2013, at constant (2004) prices is estimated at 92.67 billion Qatari Riyal which shows a growth of 5.6% compared to the estimate of Q4 of 2012 at 87.80billion Qatari Riyal. However, compared to the previous quarter [Q3 of 2013] revised estimate of 92.01 billion Qatari Riyal, the growth in this quarter is 3.4%. Mining and Quarrying (including Oil and Gas): The GVA of this sector in Q4,2013 has been estimated at 36.34 billion Qatari Riyal, which shows a decline of 1.1% over the estimate of Q4, 2012, placed at 36.75 billion Qatari Riyal. The fall in production of crude oil besides closing down of few LNG trains for maintenance, Q3, 2013 is the primary cause of this decline.    Non-Mining and Quarrying: The GVA estimate of these sectors in Q4,2013,totaled56.33 billion Qatari Riyal, which shows an increase of 10.4% over the estimate of Q4, 2012 placed at 51.05billion Qatari Riyal. The high growth in the Q4, 2013 is the result of double digit rise seen mainly in construction, trading, hospitality and financial sectors, coupled with over 12% jump in the country’s population. Details of the sectoral level preliminary GVA estimates in Q4,2013, the revised estimates of all the quarters of 2012 and the three quarters of2013 are available in the Tables 2 and 4 in the attached document. Major sectors of the economy are analysed as under: Manufacturing: The GVA of this sector is estimated at 8.17 billion Qatari Riyal in Q4, 2013 showing an increase of 2.0% over the estimate of corresponding quarter of 2012 [8.01 billion Qatari Riyal]. However, compared to the previous quarter (Q3 of 2013), there has been a decline of1.1% in the GVA of this sector. The growth in this activity has resulted from the rise in the production of Refined Petroleum products, other petrochemicals and non-metallic mineral produces.Construction: The GVA of the construction sector at 11.16 billion Qatari Riyal in Q4 of 2013 shows a growth of 15% when compared to the GVA of corresponding quarter of 2012 [9.70 billion Qatari Riyal in Q4 of 2012].Compared to the previous quarter (Q3 of 2013), there has been a growth of 5.4% in the GVA of this sector. Major public investments in this sector have impacted the growth in this sector. Trade, Hotel and Restaurants: The GVA of the “Trade, Hotel and Restaurants” sector is estimated at 8.44 billion Qatari Riyal in Q4 of 2013registering a growth of 19.3% over the corresponding quarter of 2012 [7.07 billion Qatari Riyal in Q4 of 2012].Compared to the previous quarter (Q3 of 2013) revised estimates of 8.01 billion Qatari Riyal, there has been a growth of 5.4% in the GVA of this sector. This double digit growth in this quarter has resulted from the high trading and hospitality activities recorded in this group.Transport and Communication: This sector generated a value added of 6.49billion Qatari Riyal in Q4, 2013 against 5.98 billion Qatari Riyal estimated in Q4, 2012. It shows a growth of 8.4%. Compared to the previous quarter (Q3 of 2013) revised estimates; the GVA estimate is, however, down by 1.2% primarily due to a fall seen in the supporting transport services. Finance, Insurance, Real Estate & Business Services: The GVA of this group of economic activities is estimated at 11.80 billion Qatari Riyal in Q4 of 2013, showing a growth of 18.1% when compared to the corresponding quarter (Q4) estimate of 10.0billion Qatari Riyal in 2012.Compared to the previous quarter (Q3 of 2013), a rise of 9% in the GVA of Q4 of 2013 has been noticed. Banking, insurance and real estate activities have shown major jumps in this quarter. Government Services: The contribution of the “Government Services” which includes the provision of public health, education and other miscellaneous services is estimated at 10.86billion Qatari Riyal in Q4 of 2013, which is 5.7% higher than the estimate of Q4 of 2012 (10.28 billion Qatari Riyal).   For more details on Quarterly GDP please refer to QALAM: www.qix.gov.qa . The next PressRelease on Q1, 2014 GDP would be on 30th June, 2014. For more details