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GASTAT: Real estate price index increases by 1.6% in Q4 of 2022
26-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 19 January 2023, the real estate price index results for Q4 of 2022.
The general real estate price index for Q4 of 2022 increased by 1.6% compared to Q4 of 2021; this increase is attributed to the increase in residential real estate prices by +2.6%. The increase in residential land prices is the main driver of real estate prices in Q4 of 2022 compared to Q4 of 2021. The residential sector recorded an increase of 2.6%, where the prices of residential land plots went up by 2.7% given the heavy weight of the prices of the residential sector, which had a significant impact on the increase in the general index. As for other residential real estate, the prices of villas increased by 1.7%, and apartments by 2.2%, while house prices decreased by 0.4%. The prices of residential buildings were stable. Commercial sector went down by 0.2%, due to the decrease in the prices of commercial lands by (-0.2%), and the prices of exhibitions decreased by 2.3%, while the prices of commercial buildings remained stable and did not record any relative change. The prices of commercial centers increased by 0.1%, however, the agricultural sector decreased by 0.8%, affected by the drop in agricultural land prices by (-0.8%), according to the publication’s results.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.
GASTAT: Real estate price index increases by 1.6% in Q4 of 2022
26-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 19 January 2023, the real estate price index results for Q4 of 2022.
The general real estate price index for Q4 of 2022 increased by 1.6% compared to Q4 of 2021; this increase is attributed to the increase in residential real estate prices by +2.6%. The increase in residential land prices is the main driver of real estate prices in Q4 of 2022 compared to Q4 of 2021. The residential sector recorded an increase of 2.6%, where the prices of residential land plots went up by 2.7% given the heavy weight of the prices of the residential sector, which had a significant impact on the increase in the general index. As for other residential real estate, the prices of villas increased by 1.7%, and apartments by 2.2%, while house prices decreased by 0.4%. The prices of residential buildings were stable. Commercial sector went down by 0.2%, due to the decrease in the prices of commercial lands by (-0.2%), and the prices of exhibitions decreased by 2.3%, while the prices of commercial buildings remained stable and did not record any relative change. The prices of commercial centers increased by 0.1%, however, the agricultural sector decreased by 0.8%, affected by the drop in agricultural land prices by (-0.8%), according to the publication’s results.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.
Industrial Production Index Increases by 8.6% in November 2022
26-01-2023
General Authority for Statistics (GASTAT) issued, on its official website www.stats.gov.sa today, 10 January 2023, the results of the industrial production index (IPI) for November 2022.
The publication results showed that during November 2022, IPI increased by 8.6% compared to the same month in the last year (November 2021), as a result of the increase in mining, quarrying, and manufacturing activity.
The results of the index's monthly publication revealed that the mining and quarrying activity index for November 2022 increased by 5.7% compared to the same month in the last year (November 2021), manufacturing activity also increased by 19.7% in November 2022 compared to the same month in the last year (November 2021), while electricity and gas supply activity showed a decrease of 10.9% compared to November 2021. According to the report's results, the annual growth rate in the index was positive in November 2022, and the industrial production index achieved positive growth rates during the previous months, due to the increase in the mining and quarrying activity as well as the manufacturing activity.
It is noteworthy that GASTAT issues a number of Industry-related statistical products, including the industrial production index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.
Industrial Production Index Increases by 8.6% in November 2022
26-01-2023
General Authority for Statistics (GASTAT) issued, on its official website www.stats.gov.sa today, 10 January 2023, the results of the industrial production index (IPI) for November 2022.
The publication results showed that during November 2022, IPI increased by 8.6% compared to the same month in the last year (November 2021), as a result of the increase in mining, quarrying, and manufacturing activity.
The results of the index's monthly publication revealed that the mining and quarrying activity index for November 2022 increased by 5.7% compared to the same month in the last year (November 2021), manufacturing activity also increased by 19.7% in November 2022 compared to the same month in the last year (November 2021), while electricity and gas supply activity showed a decrease of 10.9% compared to November 2021. According to the report's results, the annual growth rate in the index was positive in November 2022, and the industrial production index achieved positive growth rates during the previous months, due to the increase in the mining and quarrying activity as well as the manufacturing activity.
It is noteworthy that GASTAT issues a number of Industry-related statistical products, including the industrial production index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.
GASTAT joins Gulf statistical agencies in celebrating Gulf Statistics Day
26-01-2023
The GCC countries celebrate the Gulf Statistics Day, which is marked on 24 December 2022 under the theme "Statistics for Sustainable Opportunities". The event comes within the framework of enhancing the statistical work aimed at providing statistical data that support development plans and achieve the goals of development visions of the GCC countries.
The GCC Statistics Day is an important occasion in which the statistical bodies, centers and offices of the GCC countries renew their interest in statistical work and confirm its vital role in setting plans and programs for comprehensive sustainable development.
It is worth mentioning that the Saudi statistical work has started in a very early era of the Saudi development history. It has started in 1349H /1930 and became an organized work that refers technically and administratively to the General Statistics System issued by the Royal Decree No. (23) dated 7/12/1379H -1/6/1960. The General Statistics System has played a vital role to organize the statistics sector by controlling the relationship between the Central Department of Statistics and Information and other agencies, until the issuance of the Royal Decree in 1436H to transform the Central Department of Statistics and Information into a public authority called the General Authority for Statistics which enjoys a legal personality, and financial and administrative independence.
In 1437H, the organization of the General Authority for Statistics was approved, whose articles stated that the General Authority for Statistics is the entity that shall be responsible for technical and organizational supervision of the statistics sector and shall form a comprehensive system of national statistical databases for various fields. The Authority has been entrusted with organizing and supervising the statistical sector, in order to enable it and enhance its awareness.
During the 141st session of the Ministerial Council of GCC which was held in Manama, Kingdom of Bahrain in 24 November 2016, a day for the Gulf Statistics Day was allocated to be held every year. The importance of this day is emphasizing the partnership of society in all its categories with statisticians, and shedding light on the vital role played by statistics in achieving sustainable development in the GCC countries. It also shows the strategic role played by the Gulf statistical system in making decisions and building development policies.
GASTAT joins Gulf statistical agencies in celebrating Gulf Statistics Day
26-01-2023
The GCC countries celebrate the Gulf Statistics Day, which is marked on 24 December 2022 under the theme "Statistics for Sustainable Opportunities". The event comes within the framework of enhancing the statistical work aimed at providing statistical data that support development plans and achieve the goals of development visions of the GCC countries.
The GCC Statistics Day is an important occasion in which the statistical bodies, centers and offices of the GCC countries renew their interest in statistical work and confirm its vital role in setting plans and programs for comprehensive sustainable development.
It is worth mentioning that the Saudi statistical work has started in a very early era of the Saudi development history. It has started in 1349H /1930 and became an organized work that refers technically and administratively to the General Statistics System issued by the Royal Decree No. (23) dated 7/12/1379H -1/6/1960. The General Statistics System has played a vital role to organize the statistics sector by controlling the relationship between the Central Department of Statistics and Information and other agencies, until the issuance of the Royal Decree in 1436H to transform the Central Department of Statistics and Information into a public authority called the General Authority for Statistics which enjoys a legal personality, and financial and administrative independence.
In 1437H, the organization of the General Authority for Statistics was approved, whose articles stated that the General Authority for Statistics is the entity that shall be responsible for technical and organizational supervision of the statistics sector and shall form a comprehensive system of national statistical databases for various fields. The Authority has been entrusted with organizing and supervising the statistical sector, in order to enable it and enhance its awareness.
During the 141st session of the Ministerial Council of GCC which was held in Manama, Kingdom of Bahrain in 24 November 2016, a day for the Gulf Statistics Day was allocated to be held every year. The importance of this day is emphasizing the partnership of society in all its categories with statisticians, and shedding light on the vital role played by statistics in achieving sustainable development in the GCC countries. It also shows the strategic role played by the Gulf statistical system in making decisions and building development policies.
Saudi Arabia’s merchandise exports Increase in November 2022 by (3.6%)
25-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 25 January 2023, the Saudi Arabia’s International Trade Publication for the month of November 2022.
The value of Saudi Arabia’s merchandise exports amounted to (113 billion riyals) one hundred thirteen billion riyals in November 2022, compared to (109 billion riyals) one hundred nine billion riyals in November 2021, with an increase of (4 billion riyals) four billion riyals, by (3.6%). However, the value of petroleum exports recorded (90 billion riyals) ninety billion riyals in November 2022, compared to (81 billion riyals) eighty-one billion riyals in November 2021, with an increase of (9 billion riyals) nine billion riyals, by (11.1%), according to the publication.
The value of non-oil exports (including re-exports) in November 2022 amounted to (23 billion riyals) twenty-three billion riyals, compared to (28 billion riyals) twenty-eight billion riyals in November 2021, with a decrease of (5 billion riyals) five billion riyals, by (19.7%( .The value of Saudi Arabia’s merchandise imports in November 2022 amounted to (63 billion riyals) sixty-three billion riyals, compared to (50 billion riyals) fifty billion riyals in November 2021, with an increase of (13 billion riyals) thirteen billion riyals, by (26.0%), the results of the publication noted.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.
Saudi Arabia’s merchandise exports Increase in November 2022 by (3.6%)
25-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 25 January 2023, the Saudi Arabia’s International Trade Publication for the month of November 2022.
The value of Saudi Arabia’s merchandise exports amounted to (113 billion riyals) one hundred thirteen billion riyals in November 2022, compared to (109 billion riyals) one hundred nine billion riyals in November 2021, with an increase of (4 billion riyals) four billion riyals, by (3.6%). However, the value of petroleum exports recorded (90 billion riyals) ninety billion riyals in November 2022, compared to (81 billion riyals) eighty-one billion riyals in November 2021, with an increase of (9 billion riyals) nine billion riyals, by (11.1%), according to the publication.
The value of non-oil exports (including re-exports) in November 2022 amounted to (23 billion riyals) twenty-three billion riyals, compared to (28 billion riyals) twenty-eight billion riyals in November 2021, with a decrease of (5 billion riyals) five billion riyals, by (19.7%( .The value of Saudi Arabia’s merchandise imports in November 2022 amounted to (63 billion riyals) sixty-three billion riyals, compared to (50 billion riyals) fifty billion riyals in November 2021, with an increase of (13 billion riyals) thirteen billion riyals, by (26.0%), the results of the publication noted.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.
GASTAT: Real estate price index increases by 1.6% in Q4 of 2022
26-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 19 January 2023, the real estate price index results for Q4 of 2022.
The general real estate price index for Q4 of 2022 increased by 1.6% compared to Q4 of 2021; this increase is attributed to the increase in residential real estate prices by +2.6%. The increase in residential land prices is the main driver of real estate prices in Q4 of 2022 compared to Q4 of 2021. The residential sector recorded an increase of 2.6%, where the prices of residential land plots went up by 2.7% given the heavy weight of the prices of the residential sector, which had a significant impact on the increase in the general index. As for other residential real estate, the prices of villas increased by 1.7%, and apartments by 2.2%, while house prices decreased by 0.4%. The prices of residential buildings were stable. Commercial sector went down by 0.2%, due to the decrease in the prices of commercial lands by (-0.2%), and the prices of exhibitions decreased by 2.3%, while the prices of commercial buildings remained stable and did not record any relative change. The prices of commercial centers increased by 0.1%, however, the agricultural sector decreased by 0.8%, affected by the drop in agricultural land prices by (-0.8%), according to the publication’s results.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.
Industrial Production Index Increases by 8.6% in November 2022
26-01-2023
General Authority for Statistics (GASTAT) issued, on its official website www.stats.gov.sa today, 10 January 2023, the results of the industrial production index (IPI) for November 2022.
The publication results showed that during November 2022, IPI increased by 8.6% compared to the same month in the last year (November 2021), as a result of the increase in mining, quarrying, and manufacturing activity.
The results of the index's monthly publication revealed that the mining and quarrying activity index for November 2022 increased by 5.7% compared to the same month in the last year (November 2021), manufacturing activity also increased by 19.7% in November 2022 compared to the same month in the last year (November 2021), while electricity and gas supply activity showed a decrease of 10.9% compared to November 2021. According to the report's results, the annual growth rate in the index was positive in November 2022, and the industrial production index achieved positive growth rates during the previous months, due to the increase in the mining and quarrying activity as well as the manufacturing activity.
It is noteworthy that GASTAT issues a number of Industry-related statistical products, including the industrial production index (IPI), which is an economic indicator that reflects relative changes and evolution in the volume of industrial production quantities based on the data of the industrial production survey. It is implemented monthly and targets industrial establishments operating in the targeted activities, which are mining and quarrying, manufacturing, and electricity and gas supply.
GASTAT joins Gulf statistical agencies in celebrating Gulf Statistics Day
26-01-2023
The GCC countries celebrate the Gulf Statistics Day, which is marked on 24 December 2022 under the theme "Statistics for Sustainable Opportunities". The event comes within the framework of enhancing the statistical work aimed at providing statistical data that support development plans and achieve the goals of development visions of the GCC countries.
The GCC Statistics Day is an important occasion in which the statistical bodies, centers and offices of the GCC countries renew their interest in statistical work and confirm its vital role in setting plans and programs for comprehensive sustainable development.
It is worth mentioning that the Saudi statistical work has started in a very early era of the Saudi development history. It has started in 1349H /1930 and became an organized work that refers technically and administratively to the General Statistics System issued by the Royal Decree No. (23) dated 7/12/1379H -1/6/1960. The General Statistics System has played a vital role to organize the statistics sector by controlling the relationship between the Central Department of Statistics and Information and other agencies, until the issuance of the Royal Decree in 1436H to transform the Central Department of Statistics and Information into a public authority called the General Authority for Statistics which enjoys a legal personality, and financial and administrative independence.
In 1437H, the organization of the General Authority for Statistics was approved, whose articles stated that the General Authority for Statistics is the entity that shall be responsible for technical and organizational supervision of the statistics sector and shall form a comprehensive system of national statistical databases for various fields. The Authority has been entrusted with organizing and supervising the statistical sector, in order to enable it and enhance its awareness.
During the 141st session of the Ministerial Council of GCC which was held in Manama, Kingdom of Bahrain in 24 November 2016, a day for the Gulf Statistics Day was allocated to be held every year. The importance of this day is emphasizing the partnership of society in all its categories with statisticians, and shedding light on the vital role played by statistics in achieving sustainable development in the GCC countries. It also shows the strategic role played by the Gulf statistical system in making decisions and building development policies.
Saudi Arabia’s merchandise exports Increase in November 2022 by (3.6%)
25-01-2023
General Authority for Statistics (GASTAT) issued on its official website www.stats.gov.sa today, 25 January 2023, the Saudi Arabia’s International Trade Publication for the month of November 2022.
The value of Saudi Arabia’s merchandise exports amounted to (113 billion riyals) one hundred thirteen billion riyals in November 2022, compared to (109 billion riyals) one hundred nine billion riyals in November 2021, with an increase of (4 billion riyals) four billion riyals, by (3.6%). However, the value of petroleum exports recorded (90 billion riyals) ninety billion riyals in November 2022, compared to (81 billion riyals) eighty-one billion riyals in November 2021, with an increase of (9 billion riyals) nine billion riyals, by (11.1%), according to the publication.
The value of non-oil exports (including re-exports) in November 2022 amounted to (23 billion riyals) twenty-three billion riyals, compared to (28 billion riyals) twenty-eight billion riyals in November 2021, with a decrease of (5 billion riyals) five billion riyals, by (19.7%( .The value of Saudi Arabia’s merchandise imports in November 2022 amounted to (63 billion riyals) sixty-three billion riyals, compared to (50 billion riyals) fifty billion riyals in November 2021, with an increase of (13 billion riyals) thirteen billion riyals, by (26.0%), the results of the publication noted.
GASTAT is the only official statistical reference for statistical data and information in Saudi Arabia. It carries out all the statistical work, in addition to the technical oversight of the statistical sector. It also designs and implements field surveys, conducts statistical studies and research, analyzes data and information, in addition to documenting and archiving all works of information and statistical data that cover all aspects of life in Saudi Arabia from its multiple sources. Data are written, classified, and analyzed; their indicators are extracted as well.