Estimates of the Statistics and Planning Authority in Qatar showed an increase in gross domestic product by 33.4 percent during the first quarter of 2022 compared to the estimates of the first quarter of 2021. While the quarterly GDP increased during the first quarter of 2022 by 2.5 percent, compared to the estimates of the first quarter of 2021.
The total value added of mining and quarrying activities at constant prices decreased by 1.7 percent during the first quarter of 2022 when compared to the same quarter in 2021. While the total value added of non-mining activities increased by 5.2 percent during the first quarter of 2022 when compared to the same quarter in 2021.
Estimates of the quarterly GDP at current prices amounted to about (197.74 billion riyals) in the first quarter of 2022, compared to the revised estimates for the first quarter of 2021, which amounted to (148.28 billion riyals), which resulted in an increase of 33.4 percent. Compared to the revised estimates for the fourth quarter of 2021, amounting to (174.65 billion riyals), there was an increase in GDP by 13.2 percent.
Source (Al-Raya Qatari Newspaper, Edited)
