Quarterly Gross Domestic Product by Economic Activities, Fourth Quarter, 2012
         Qatar Statistics Authority (QSA) has released the preliminary estimates of Gross Domestic Product (GDP) at current and constant prices for the Fourth quarter (Q4) of 2012. The estimates have been produced by using the data collected through the Quarterly Economic Indicator Survey and from other data source agencies.   • GDP at current prices [Nominal GDP] up by 10.1% in the Fourth quarter (Q4) of  2012.   • GDP at current prices [Nominal GDP] up by 12.2% in the year 2012. Nominal GDP Estimates [GDP at Current Prices]The quarterly GDP in the Q4 of 2012 at current prices is estimated at 180.87 billion Qatari Riyal. This represents an increase of 10.1% compared to the estimate of Q4 of 2011 placed at 164.34 billion Qatari Riyal. When compared to previous quarter [Q3 of 2012] revised estimate of 174.10 billion Qatari Riyal, the increase is 3.9%.On a cumulative basis, the GDP of the year 2012 is estimated at 700.35 billion Qatari Riyal which shows an increase of 12.2% compared to the estimate of 2011 placed at 624.17 billion Qatari Riyal. Mining and Quarrying Sector: The Gross Value Added (GVA) estimate of this sector in the Q4, 2012 is 101.60 billion Qatari Riyal, which shows a rise of 5.1% over the estimate of Q4, 2011 placed at 96.63 billion Qatari Riyal. The increase in this quarter is primarily due to the higher prices reported in the extraction of natural gas and Natural Gas Liquids (NGLs).  Non-Mining and Quarrying Sectors: The GVA of these sectors in the Q4, 2012 has been estimated at 79.28 billion Qatari Riyal, which shows an increase of 17.1% over the estimate of Q4, 2011 placed at 67.71 billion Qatari Riyal. Details of the sectoral level preliminary GVA estimates of Q4, 2012 over the Q4, 2011 are available in the Tables 1 and 3 attached to the Press Release.In the “non-mining and quarrying” Sector, an analysis by industry group, comparing the performance in Q4 of 2012 with the corresponding quarter in 2011 [Year-on-Year Basis] and with the fourth quarter (Q3) of 2012 is given in the following paragraphs. Readers are cautioned to keep the seasonality factor in view, while comparing the estimates with the previous quarter of 2012. The GVA of “Manufacturing” sector is estimated at 19.46 billion Qatari Riyal in Q4 of 2012 showing rise of 31.7% over the corresponding quarter (Q4) of 2011 [14.78 billion Qatari Riyal]. Compared to the previous quarter (Q3 of 2012), there has been a increase of 10.5% in the GVA of this sector. The positive growth rate in this sector has resulted from the higher production reported in Petrochemicals, Basic chemicals, Fertilizers and metals. For more details , click here  

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