Qatar Statistics Authority (QSA) has released the “National Accounts Bulletin (NAB)-2012”. The NAB in its new look, presents data series of key national accounts aggregates including Gross Domestic Product (GDP), Government Final Consumption Expenditure, Household Final Consumption Expenditure, Capital formation etc. for the period 2004 to 2011 both at current and constant bass year(100=2004) prices.   The estimates of 2010 released in the past, have been finalized, following the availability of QSA’s Annual Economic Survey, 2011 results, latest updates on Government Revenues and Expenditures from the Ministry of Economy and Finance and other data source agencies. Accordingly, the preliminary estimates of GDP for 2011, primarily based on the results of Quarterly Economic Survey, stand revised.   The NAB begins with the analytical overview of economy in 2004-2011, and the publication is divided in six parts. A brief introduction on concepts and definitions of National Accounts including Integrated Economic Accounts is provided in the Annexure of Bulletin after presenting the complete set of National Accounts Statistics. The salient features of each of the six parts are briefly described below:   Part I- Macroeconomic Aggregates and Indicators: This part contains the summary statement of macroeconomic aggregates like GDP at current prices and at constant (2004) prices, Household Final Consumption Expenditure (HFCE), Government Final Consumption Expenditure (GFCE), Exports and Imports, Capital Formation and Saving for the period 2004-2011. Important economic indicators are also presented.   Part II-Gross Domestic Product by Economic Activity: This part of the NAB, presents statements on GDP by industry of origin, i.e. by economic activity along with the percentage distribution and growth rates for the period 2004-2011. The new feature of this part is the inclusion of statements on GDP by economic activity according to the ISIC 3.1 codes as adopted by GCC. Part III- Gross Domestic Product by Components of Expenditure:This part of NAB presents the estimates of expenditure components of GDP including Household Final Consumption, Government Final Consumption, Imports & Exports, and Capital Formation for the period 2004-2011.   Part IV- Gross Domestic Product by Components of Income: The estimates of income components of GDP, their share and percentage change for the period 2004-2011 are covered in this part of NAB. Part V- Sequence of Accounts: This part presents Integrated Economic Accounts as per the 1993 System of National Accounts. The period covered in the Bulletin refers to 2007 to 2010 and the sequence of accounts is presented from Production account to Capital Account. Rest of the World account for 2004-2011 is also included in this part. Part VI-Miscellaneous Statements: The last part of the NAB presents the statements on Long Time Series (since 1980) of GDP data, both at current and constant prices; and the Balance of Payment: 2004-2011. National Accounts Aggregates-Salient Features   1- Nominal GDP Estimates The Final Estimates GDP in 2010 at current prices [Nominal GDP] is estimated at QR 455,445 Mn. The revised preliminary estimate of GDP for 2011 is accordingly placed at QR 624,173 Mn, representing an increase of 37%. The Gross Value Added (GVA) from the Mining and Quarrying Sector for the year 2011 has been revised at QR 370,161 m representing an increase of 54.4% over the GVA of QR 239,745 m for the year 2010. The increase is mainly attributed to both higher production and international oil prices. The Gross Value Added (GVA) from the Non-Mining and Quarrying Sectors including mainly Manufacturing; Construction; Trade, hotels and Restaurants; Transport, Storage and Communication; Finance, insurance, Real Estate & Business Services; and Government Services for the year 2011 has been revised at QR 254,012 m representing an increase of 17.8% over the GVA of QR 215,700 m for the year 2010. 2- Real GDP Estimates:The Final Estimates GDP in 2010 at constant (2004) prices [Real GDP] is estimated at QR 284,232 Mn. The revised preliminary estimate of GDP for 2011 is accordingly placed at QR 321,074 Mn, representing an increase of 13%. The constant (2004) price Gross Value Added (GVA) from the Mining and Quarrying Sector for the year 2011 has been revised at QR 145, 937 m representing an increase of 15.7% over the GVA of QR 126,100 m in 2010. The constant (2004) price Gross Value Added (GVA) from the Non-Mining and Quarrying Sectors for the year 2011 has been revised at QR 175,137 m representing an increase of 10.8% over the GVA of QR 158,132 m in 2010. 3- Government Final Consumption Expenditure [GFCE]:The GFCE at current prices is estimated at QR 76,840 m in 2011 as against QR 63,689 m in 2010, showing a rise of 20.6%. At constant (2004) prices, the GFCE works out to QR 53,334 m in 2011 as against QR 43,040 m in 2010, which is up by 23.9%. 4- Household Final Consumption Expenditure [HFCE]: The HFCE at current prices is estimated at QR 79,906 m in 2011 as against QR 73,646 m in 2010, showing a rise of 8.5%. At constant (2004) prices, the HFCE works out to QR 52.819 m in 2011 as against QR 49,719 m in 2010, which is up by 6.2%. 5- Gross Saving: Gross saving at current prices in 2011 is provisionally estimated at QR 373,073 m as against QR 229,633 m in 2010, showing an increase of 62.5%. Preliminary Saving rate of the nation (saving as a percentage of nominal GDP) stands at 59.8 per cent in 2011 as against 50.4 per cent seen in the previous year.  6-Gross Capital Formation: Preliminary estimate of Gross Capital Formation (commonly referred as Gross Investment of the country) at current prices, shows an increase of 28.6% in 2011 [from QR 143,011 m in 2010 to QR 183,873 m in 2011]. The rate of gross capital formation at current prices is 29.5 per cent in 2011 as against 31.4 per cent seen in 2010. For more details , click on here National Accounts Bulletin, 2012