The quarterly GDP at current prices in the fourth quarter (Q4) of 2022 reached QR220.43bn recording an increase of 26.2 percent compared to the estimate of Q4 of 2021 placed at QR174.65bn, the preliminary estimates of Qatar’s gross domestic product (GDP) by the Planning and Statistics Authority (PSA) revealed.
However, when compared to previous quarter (Q3) of 2022 revised estimate of QR229.69bn, a decrease of 4.0 percent is recorded.
The quarterly GDP at constant prices (2018=100) shows an increase of 8.0 percent in Q4 of 2022 (QR179.99bn) compared to the estimate of Q4 of 2021 (QR166.68bn). When compared to Q3 of 2022 revised estimate (QR 175.32bn), an increase of 2.7 percent is also recorded.
The nominal gross value added (GVA) estimate of mining and quarrying activities is estimated at QR91.25bn in Q4 2022, which shows an increase of 43.4 percent over the estimate of Q4 2021 placed at QR63.64bn. Compared to the previous quarter Q3 2022 revised estimate (QR106.76bn), a decrease of 14.5 percent in the GVA of this sector is
recorded.
The real GVA of these activities is estimated at QR64.18bn in Q4 2022, which shows an increase of 4.8 percent compared to the estimate of Q4 2021 (QR61.25bn). Compared to Q3 2022 revised estimate (QR64.37bn), a decrease of 0.3 percent in the real GVA of this sector is also recorded.
The nominal GVA of non-mining and quarrying activities is estimated at QR129.18bn in Q4 2022, which shows an increase of 16.4 percent over the estimate of Q4 2021 (QR111.01bn).
Compared to the previous quarter Q3 2022 revised estimate (QR122.93bn), an increase of 5.1 percent is recorded.
The real GVA of non-Mining and Quarrying activities is estimated at QR115.81bn in Q4 2022, which shows an increase of 9.9 percent over the estimate of the Q4 2021 (QR105.43bn).
When compared to Q3 2022 revised estimate (QR110.95bn), an increase of 4.4 percent is also recorded.
