Quarterly Gross Domestic Product by Economic Activities Second Quarter, 2017

October 1, 2017

The Ministry of Development Planning and Statistics (MDPS) have released the preliminary estimates of Gross Domestic Product (GDP) at current and constant prices for the second quarter (Q2) of 2017.  

The quarterly GDP at current prices in Q2 of 2017 is estimated at QR 146.26 billion. This represents an increase of 8.5% compared to the estimate of Q2 of 2016 placed at QR 134.81 billion.

The quarterly GDP at constant (2013) prices in Q2 of 2017 (QR 198.60 billion) shows a growth of 0.6% compared to the estimate of Q2 of 2016 (QR 197.47 billion). However, compared to the previous quarter (Q1 of 2017) revised estimate of QR 197.61 billion the growth is 0.5%.
Mining and Quarrying activities (Include Gas and Crude Oil)

The current prices Gross Value Added (GVA) estimate of Mining and Quarrying activities is estimated at QR 46.58 billion in Q2 2017, which shows an increase of 15.6% over the estimate of Q2 2016 placed at QR 40.29 billion. Compared to the previous quarter (Q1 of 2017) revised estimate, there has been a decrease of 6.8% in the GVA of this sector. Refer to decrease of oil and gas prices.

The real GVA of these activities in Q2 2017 is estimated at QR 96.85 billion, which shows a decrease of 2.7% over the estimate of Q2 2016 (QR 99.51 billion). However, compared to Q1 2017 revised estimate, there has been a rise of 1.0% in the real GVA of this sector.
Non-Mining and Quarrying activities (Non-Include Gas and Crude Oil)

The current prices GVA estimate of Non-Mining and Quarrying activities is estimated at QR 99.68 billion in Q2 2017, which shows an increase of 5.5% over the estimate of Q2 2016 (QR 94.53 billion). Compared to the previous quarter (Q1 of 2017) revised estimate, a decrease of 1.3% has been recorded.

The real GVA of these activities totaled QR 101.75 billion in Q2 2017, which shows a growth of 3.9% over the estimate of the corresponding quarter in 2016 (QR 97.96 billion). However, compared to Q1 2017 revised estimate, the Non-Mining and Quarrying activities remained virtually unchanged.