MDPS Releases 15th Issue of "Window on Economic Statistics of Qatar"


(MENAFN- Qatar News Agency) The Ministry of Development Planning and Statistics (MDPS) has released the fifteenth issue of the quarterly publication "Window on Economic Statistics of Qatar".

The reference quarter of this issue is the fourth Quarter of 2015 (Q4 2015). All the latest available macro-economic indicators, relating to National Accounts (as at April 28 2016), Prices, Public Finance, and the Balance of Payments have been assembled in a single report.

It is a very handy report and is meant to help diverse users, in particular, policy and decision makers.

This publication comprises three parts: Part 1 contains a table comparing the economic performance of Qatar with other economies and regions, in terms of three indicators: (i) Real GDP annual growth rate, (ii) CPI (y-o-y) change and (iii) Current Account Balance as percentage of GDP.

In 2015, the real growth rate of GDP for Qatar was 3.7%, compared to that of the World (3.1%), Advanced Economies (1.9%), and Middle East and North Africa, (2.3%).

The year-on-year change in the CPI, in 2015, was 1.6% for Qatar, compared to 3.3%, for the World, 0.3% for the Advanced Economies and 5.9%, for the Middle East and North Africa.

The Current Account Balance as percentage of GDP, in 2015, remained among the highest in the world at 8.2%, compared to 0.7%, for the Advanced Economies and -3.9% (deficit) for the Middle East and North Africa.

Part 2 presents an analysis of the quarterly statistics relating to GDP, CPI, PPI, Exports and Imports and compares the performance in the fourth quarter of 2015 with that of the corresponding quarter of 2014 and, with that of the previous quarter.

It is to be noted that data relating to GDP for Q3, Q4 2015, are the revised figures of April 28 2016, which are slightly different from the data published in the related Press Release of April 10 2016.

Part 3 contains an article on Qatar's participation in the International Comparison Program (ICP), 2016. The ICP is a worldwide statistical operation involving some 199 countries. The main objective of the ICP is to produce comparable volume measures of GDP based on Purchasing Power Parities (PPPs).


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