Posted on November 16, 2019

The Planning and Statistics Authority (PSA) has released the twenty ninth issue of the quarterly publication “Window on Economic Statistics of Qatar”.

The reference quarter of this issue is the second quarter of 2019 (Q2 2019). All the latest available macro-economic indicators, relating to National Accounts, 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 presents a dashboard 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, as well as data series (quarterly and annual) on some thirty economic indicators.
  • Part 2 presents an analysis of the quarterly statistics relating to GDP, CPI, PPI, Exports and Imports and compares the performance in the second quarter of 2019 with that of the corresponding quarter of 2018 and, with that of the previous quarter (Q1, 2019).
  • Part 3 contains articles on selected themes This issue’s article is entitled “Moving to the Fourth Revision of the International Standard Industrial Classification of All Economic Activities (ISIC)”. The article deals with the concept and objectives of the ISIC. It is worth mentioning that this classification is produced and published by the United Nations Statistics Division (UNSD). The article gives a historical background of the ISIC since its first release in 1948, reviewing all revisions and the reasons behind these revisions, up to the fourth revision which came out in 2008. Also, the article highlighted, with some details the main differences between the fourth revision (ISIC Rev. 4) and the preceding one (ISIC Rev. 3.1) which is marked by distinguishing certain activities as Main Sections in the classification e.g. Water Supply; Information and Communication; Real Estate Activities; Professional, Scientific and Technical Activities; Administrative Services Activities; Arts, Entertainment and Recreation Activities. Other numerous minor changes were reviewed in the article.