GASTAT: Number of Saudi Workers Working at Private Establishments Rose to 5.7% On Wednesday 29/2/1440 H corresponding to 7/11/2018 , GASTAT released the results of the “Economic Indicators Survey (Q2, 2018)” on its official website www.stats.gov.sa . The results provide short-term indicators about the number of workers by gender and nationality as well as the paid compensations, operating expenses and operating revenues as a periodical study that focuses on the features and the components of the working institutions practicing one economic activity or several economic activities in public and private sectors. The results of the survey showed that the total number of workers working at private establishments increased by 3.6% compared to the same quarter of 2017. It also showed an increase of 5.7% in the total number of Saudi workers working at private establishments compared to the same quarter of 2017. In addition, the total paid compensations of workers working at private establishments rose to 8.9% compared to the same quarter of 2017, results showed. According to the survey’s results, the total operating expenses of private establishments increased by 10.2% compared to the same quarter of 2017. The total operating revenues of private establishments also increased by 9.9% compared to the same quarter of 2017.  Economic indicators are a set of economic statistics and data which can be used as a short-term plan to measure the performance of the various economic sectors in order to evaluate the economic situation and to identify the strengths and weaknesses of economy.

Three Economic Indicators Suggest an Economic Growth GASTAT: Per Capita GDP, Current Account of the Balance of Payments and Total Savings of the 2nd Quarter of 2018 Increased      On its official website www.statts.gov.sa , GASTAT published three economic indicators which are: GDP per capita  for the 2nd quarter (2018),  the surplus or deficit in the current account of the balance of payments for the 2nd quarter (2018), and the total savings index for the second quarter of 2018. Furthermore, per capita share at current prices reached (21.997) riyals with an increase of (14.91%) compared to the 2nd quarter of 2017. On the other hand, GDP per capita reached (22.272) riyals for the 2nd quarter of 2018 with an increase of (14.20%) compared to the same quarter of the previous year. The above-mentioned indicator reflects the individual’s ability to obtain consuming goods and services, shows the average income per capita in Saudi Arabia on a quarterly basis, also it can be used to measure the economic development around the world and to compare between countries as well, GASTAT clarified.    In regard to surplus and deficit in current account for the 2nd quarter of 2018, the current account indicator of the balance of payment achieved a surplus amounted to (9.82%) to GDP during the 2nd quarter of 2018; and the deficit was (3.24%) in the current account of the balance of payments in the 2nd quarter (2018).   GASTAT also published the total savings indicator for the second quarter of 2018 where it reached 242 billion and 497 million riyals with an increase of (29.13%) compared to the same period last year 187 billion and 793 million riyals. The total savings rate to GDP edged up to (33.09%) in the 2nd quarter of 2018 compared to (30.18%) in the same period of the previous year.

To develop the statistical departments The coordination committee is holding its third meeting with 17 governmental entities The third meeting of the coordination committee was held on Wednesday 21/2/1440H corresponding 31/10/2018 at the General Authority for Statistics (GASTAT) head office to facilitate the exchange of data and information with various government agencies.  The official spokesman of the General Authority for Statistics (GASTAT), Taiseer Almofarrej, explained that the coordination teams discussed several topics, including the program of developing the statistical departments which aims at establishing organizational rules and fundamentals to found statistical departments in the governmental entities. Furthermore, it aims to build an official statistical system and to make the statistics, information, and indicators basic parts of the governmental work to enhance the quality of statistical work in Saudi Arabia. The mechanism of classifying government statistical units was also discussed in the meeting. Moreover, the committee reviewed the statistical works carried out during the last period.  On the other hand, Almofarrej said that the coordination committee of the General Authority for Statistics includes a number of representatives including the Saudi Arabian Monetary Agency , General Authority for Investment, Ministry of Health,  Ministry of Environment, Water and Agriculture, Saudi Customs, Ministry of Housing, Ministry of Trade and Investment, Ministry of Education, Ministry of Justice, Ministry of Municipal and Rural Affairs, Ministry of Finance, Ministry of Energy, Industry and Mineral Resources, Ministry of Communications and Information Technology, Ministry of Labor and Social Development, National Information Center, Ministry of Economy and Planning, and Saudi Post.  It is worth mentioning that the coordination committee was formed permanently to coordinate the statistical work between the General Authority for Statistics and related entities, in accordance with the Ministers Cabinet resolution number (11) dated 13/1/1437 H of the authority organization, which aimed at activating and organizing the statistical work through the establishment of a comprehensive, accurate and unified statistical system, in addition to the follow-up of its implementation. It also develops the plans and programs necessary for fulfilling statistical needs; in order to serve the developmental plans, scientific research, and other activities.

During the Second UN World Data Forum Al Tekhaifi: Saudi Arabia seeks to be one of the first countries in the world to achieve the Sustainable Development Goals through building statistical indicators and creating development policies The General Authority for Statistics (GASTAT) concluded its participation in the second United Nations Data Forum hosted by the United Arab Emirates from 22 - 24 October 2018, under the patronage of H.H. Shaikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates and the Ruler of Dubai. The forum was held with the participation of a group of leaders, decision-makers and more than 2500 experts and specialists in the field of data from more than 120 countries in the world. H.E. Dr Fahad Al Tekhaifi, the President of the General Authority for Statistics, congratulated the Federal Competitiveness and Statistics Authority in the United Arab Emirates on the success of hosting this international statistical event. He praised the achievement of the session’s goals through the wide participation of the countries, organizations, government systems, and research and academic society. Al Tekhaifi stressed that the participation of GASTAT in the UN World Data Forum of 2018 – which is held for the first time in the Gulf region in Dubai – comes within GASTAT plan to benefit from the best international practices in the data field, communicate with the international organizations and strengthen the partnerships with them. In addition, the topics of the forum are one the important topics for all statistics systems especially in view of the transformation in the region from depending on gas and oil to an economy based on diversity for a sustainable development. The three-day forum discussed the exploitation of the information revolution for a sustainable development.   Moreover, the forum discussed improving the use of data and statistics to achieve change towards a better future for human societies in line with the Sustainable development goals 2030.  GASTAT president pointed that Saudi Arabia presented its first voluntary national report at the high-level political forum concerned with the sustainable development last July at the UN headquarters in New York despite it being voluntary, believing in the importance of pioneering in sustainable development for the national, regional and global transformation.  Saudi Arabia has made rapid progress in achieving the goals of sustainable development, which confirms the keenness of the leadership on this, led by the Custodian of the Two Holy Mosques King Salman Bin Abdul Aziz Al Saud, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense. Saudi Arabia as a member of the United Nations General Assembly seeks to be one of the first countries to achieve the Sustainable Development Goals. Since the adoption of the goals, Saudi Arabia developed work mechanisms to ensure that the Sustainable Development Goals are aligned with the 2030 Saudi Vision as well as other national strategies and programs. Saudi Arabia developed a clear governance for the responsibilities and roles assigned to all relevant government sectors. GASTAT is considered the official body for building the indicators of sustainable development in Saudi Arabia. Al Tekhaifi explained through his participation in one of the forum sessions that Saudi Arabia dealt with the sustainable development as goals and indicators in an effective way through three parallel tracks (Legislative, coordination, and technical).  In the legislative track, a Royal Decree was issued assigning His Excellency the Minister of economy and Planning, the Chairman of the Board of Directors in GASTAT, to follow-up the profile of sustainable development goals beyond 2015. In addition, the Ministers cabinet approved the organization of GASTAT as the only official reference to implement the statistical work in all fields, as well as the entity responsible of producing statistical data and information at the national and international level. In the coordination track, a number of Statistics’ coordination committees have been formed with the participation of relevant government entities in different social, economic and environmental fields. In the technical track, GASTAT works with the participation of government entities on the national statistical data program “Masdar” which is a program that aims to to build a comprehensive national statistical database in which all statistical data from various internal and external sources are gathered to produce the categories, indicators and analyses needed by data users and analysts inside and outside the GASTAT to use it as a statistical reference to support decision making and the development of various development plans. It is worth mentioning that the UN World Data Forum is a global platform for official statistics, and a collaborative environment for research and development of this area, using working models of global task forces for a number of statistical projects, in partnership with technology companies, data providers and academia in order to invest the digital data as inputs in the production of a reliable statistics, and make it available to serve the community in various fields.