The Ministry of Development Planning and Statistics (MDPS) has released the quarterly sequence of accounts providing estimates of the National Income, Saving and also the expenditure components of GDP for the third quarter of 2014 at current prices.     Estimates of Q3, 2014 over Q3, 2013-Highlights: • Gross National Income (GNI) increased by 5.0% • Gross National Saving (GNS)  increased by 2.6% • Household Final Consumption Expenditure (HFCE)  increased by 12.1% • Government Final Consumption Expenditure (GFCE) increased by 11.5% • Gross Capital Formation (GCF) or Gross Investments  increased by 15.9% • Export of Goods and Services (F. O. B)-EXP  decreased by 2.0% • Imports of Goods and Services (F.O.B)-IMP  increased by 8.1% Quarterly Sequence of Accounts for the total economy of Qatar The Quarterly Sequence of Accounts (QSOA) for the total economy of Qatar provides a comprehensive picture of current economic developments in the country. The major macroeconomic variables like GDP, National Income, Savings etc. which are the balancing items of respective accounts are discussed in the following paragraphs. Table (1) presents the QSOA for the Q3, 2014 with a [Y-o-Y] comparison to the corresponding estimates of Q3, 2013 and [Q-o-Q] comparison with Q2, 2014. National Income The quarterly estimates of Gross National Income (GNI), for the Q3, 2014 is placed at 183.16 Bn QR which shows an increase of 5%, when compared to the GNI estimate of Q3, 2013 [174.36 Bn QR]. It may be seen from the Table (1) that the net outflow of property income from Qatar has shown a decline of 10.4%. This explains the Year-on-year (Y-o-Y) higher rise [5%] in the Gross National income in this quarter, when compared with the GDP rise of 4.1% in the same period. However, on quarter-on-quarter (Q-o-Q) basis, while GNI in Q3, 2014 has gone up by 0.4% over the revised GNI of Q2, 2014, the increase in GDP has been 1.8%. The higher outflow of property income from Qatar [37.5%] in Q3, 2014 over the Q2, 2014 explains lower rise in in GNI. Saving of the Nation The Gross National saving has been estimated at 113.65 Bn QR in Q3, 2014 as against 110.78 Bn QR recorded in Q3, 2013, showing a Year-on-year (Y-o-Y) rise of 2.6%. However, compared to the previous quarter (Q2), the gross saving has gone up by 1.8%. The gross saving ratio to nominal GDP in Q3, 2014 is placed at 58.9%. The comparative figures for Q2, 2014 and Q3, 2013 are estimated to be 58.8% and 59.7%. More details are available in Table (1). Towards the end of this table, some of the other key economic indicators, shown as a percentage of nominal GDP of the country are also presented for analytical purposes. For more info, please click here