Qatar Statistics Authority has released the preliminary estimates of Gross Domestic Product (GDP) by economic activities at current prices for the third quarter of 2010. Qatar Statistics Authority, for the first time, has conducted a Quarterly Survey covering a number of economic activities so as to strengthen and augment the database for the estimation process.
  
     The overall GDP has been estimated at 111.25 billion Qatari Riyal in the third quarter (Q3) of 2010, as against 91.85 billion Qatari Riyal, estimated in the same quarter (Q3) of 2009 showing an increase 21.1%. The estimates of GDP in Q3 of 2010 show considerable recovery in the economy when compared to the estimates Q2 of 2010. As against the estimates of GDP at 98.38 billion Qatari Riyal in the Q2 of 2010, the estimated figure of Q3 of 2010 at 111.25 show an impressive growth of 13.1% when compared to figure of (-) 4.1% observed in the Q2 of 2010 over Q1 of 2010. The following paragraphs highlight the significant changes in the sectoral growth of GDP estimates in the year-on-year and quarter to quarter basis:  The estimates indicate that mining and quarrying sector which includes oil and gas industry of the country, representing over 51% of GDP continue to maintain a dominating growth in the Q3 of 2010 also. The estimated GDP figure for this sector in Q3 of 2010 is placed at 58.76 billion Qatari Riyal as against 43.13 billion Qatari Riyal estimated in Q3 of 2009 showing a growth of 36.2%. There has been a turnaround in the growth of mining and quarrying sector in the Q3 of 2010 which is 19.9% when compared with the estimates of Q2 of 2010. The corresponding figure in the Q2 over the Q1 of 2010 was (-) 8.9%. The noticeable jump in the LNG production during the third quarter 2010 compared to the second quarter of 2010 was one of the major factors of recovery in the economy in third quarter. There has been general increase in production of hydrocarbon products, where LNG leads by 28% and followed by the NGL (22%).  The Manufacturing sector GDP at 8.576 billion Qatari Riyal in the Q3 of 2010 show a growth of 3.4% when compared to the estimates of 8.292 billion Qatari Riyal in the Q3 of 2009. On quarter to quarter basis, manufacturing sector has shown a growth 15% in Q3 of 2010 over Q2 of 2010. The corresponding figure in the Q2 over Q1 of 2010 was (-) 1.7%. The GDP estimate of Electricity and water at 1.162 billion Qatari Riyal in the Q3 of 2010 show a growth of 8.8% when compared to the estimates of 1.068 billion Qatari Riyal the Q3 of 2009. On quarter to quarter basis, this sector has shown a growth 11.2% in Q3 of 2010 over Q2 of 2010. The corresponding figure in the Q2 over Q1 of 2010 was 3.3%. Construction has picked up marginally by 1.9% in the Q3 of 2010 when compared to the Q3 of 2009. On quarter to quarter basis, it has been maintaining a growth of about 3% in the second and third quarters of 2010. GDP estimate of Finance, Insurance, Real Estate & Business Services sector in Q3 of 2010 has increased by 16.7% when compared to the estimate of Q3 of 2009. Similarly, on quarter to quarter basis, Q3 figures of this year increased noticeably by 11.3 % from the second quarter of 2010. GDP estimate of Transport and Communication sector in Q3 of 2010 has increased by 18.9% when compared to the estimate of Q3 of 2009. Similarly, on quarter to quarter basis, Q3 figure of this year has increased noticeably by 19% from the Q2 of 2010. The corresponding figure in Q2 over Q1 of 2010 was (-) 5.7%. Qatar Statistics Authority also releases (starting 2nd quarter of 2010) the quarterly production index of major industries of Qatar. The index with base year 2007 (2007=100) includes hydrocarbon products and steel. During the 3rd quarter of 2010 the GTL (Gas to Liquid) Production more than doubled from 2nd quarter of 2010. While all of production indices had positive growth in the 3rd quarter of 2010 over 2nd quarter of 2010, the Petrochemicals, LNG, Condensate, NGL and Pipeline gas had growth in double digit. As per the weight of 2007 productions, the composite index of Major Industries Production grew by about 20% from 2nd to 3rd quarter of 2010.   Estimates of Quarterly Gross Domestic Product by economic activities at current prices Quarterly Industrial Production Indices of Major Industries of Qatar 3rd qtr 2010