GDP at current prices [Nominal GDP] up by 24.8% in the First Quarter (Q1) of 2012 GDP at constant (2004) prices [Real GDP] up by 6.9% in the First Quarter (Q1) of 2012Qatar Statistics Authority (QSA) has released the preliminary estimates of Gross Domestic Product (GDP) at current prices for the First quarter (Q1) of 2012. The estimates have been produced using the data collected through the Quarterly Economic Indicator Survey and from other source agencies.
•GDP at current prices [Nominal GDP] up by 24.8% in the First Quarter (Q1) of 2012. •GDP at constant (2004) prices [Real GDP] up by 6.9% in the First Quarter (Q1) of 2012.
Nominal GDP Estimates [GDP at Current Prices]The quarterly GDP in the Q1 of 2012 at current prices is estimated at 176.07 billion Qatari Riyal. This represents an increase of 24.8% compared to the estimate of Q1 of 2011 placed at 141.06 billion Qatari Riyal. When compared to previous quarter’s [Q4 of 2011] estimates of 169.30 billion Qatari Riyal, the increase is 4.0%. Besides the Oil and Gas Sector, Manufacturing and the Government Sector have given considerable push to the nominal GDP of the country (24.8% rise).For more details , click on here