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GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
21-11-2018
GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
As part of its plan to raise statistical awareness among all segments of the society, including the students of general education and higher education, the General Authority for Statistics (GASTAT) organized the "Smart Statistician" exhibition in cooperation with the General Directorate of Education in Al-Jouf Region. The exhibition will be held at Al-Sudairiya School in Sakaka city, during the period from 20th to 24th of Muharram 1440 AH, where more than 70 schools from the region were invited to visit and participate.
The exhibition, which is intended for students in the upper grades of the primary and intermediate levels, aims to highlight the importance of statistics in the life of the student, introduce the most important concepts related to statistics, help students in reaching a high level of awareness of the importance of statistics, as well as the steps and stages of the statistical process in a scientific and exciting way. In addition, it enhances the students' understanding of the role of statistical systems, the statistical field researchers and the impact of the accuracy of data provided by (households and establishments) on development in all its fields, considering that the student is an influential media in the family as he transfers everything that he learns in school to his family.
The exhibition starts its activities with an introductory video. The student will begin to move among the sections that contain scientific information presented in a fun and entertaining way by learning about statistics, the difference between statistics and mathematics, the role of the General Authority for Statistics, how to carry out field statistical research through a practical experiment conducted by the student by playing the role of a "statistical researcher" and visiting a household using the electronic form of field research, to simulate the reality of statistical researcher.
The exhibition, which opens from 9 am to 1 pm during the week, includes a number of shows and competitions, such as the competition of regions and numbers, which aims to identify the population of the regions, the statistical signs competition, which aims to enhance the student's understanding of its importance in the census and statistical surveys in general.
On Wednesday, Muharram 23rd, 1440 AH, GASTAT will also present a lecture on the importance of statistics hosted by Dumat Al-Jandal Intermediate School in the presence of a number of students from the governorate schools. On the other hand, in the same period, Al-Jouf university will hold the event of (We are with you in your academic trip). In this event, an awareness booth will be set up to introduce all university students, faculty members and employees at the university with GASTAT products, statistical services and how to obtain them and benefit from them in research and academic studies. The event will conclude with an awareness lecture to be held at the University Theater on Thursday, 24th of Muharram, during which the students will be introduced with the role of the college student in the development as well as their role in spreading of awareness among the society.
GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
21-11-2018
GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
As part of its plan to raise statistical awareness among all segments of the society, including the students of general education and higher education, the General Authority for Statistics (GASTAT) organized the "Smart Statistician" exhibition in cooperation with the General Directorate of Education in Al-Jouf Region. The exhibition will be held at Al-Sudairiya School in Sakaka city, during the period from 20th to 24th of Muharram 1440 AH, where more than 70 schools from the region were invited to visit and participate.
The exhibition, which is intended for students in the upper grades of the primary and intermediate levels, aims to highlight the importance of statistics in the life of the student, introduce the most important concepts related to statistics, help students in reaching a high level of awareness of the importance of statistics, as well as the steps and stages of the statistical process in a scientific and exciting way. In addition, it enhances the students' understanding of the role of statistical systems, the statistical field researchers and the impact of the accuracy of data provided by (households and establishments) on development in all its fields, considering that the student is an influential media in the family as he transfers everything that he learns in school to his family.
The exhibition starts its activities with an introductory video. The student will begin to move among the sections that contain scientific information presented in a fun and entertaining way by learning about statistics, the difference between statistics and mathematics, the role of the General Authority for Statistics, how to carry out field statistical research through a practical experiment conducted by the student by playing the role of a "statistical researcher" and visiting a household using the electronic form of field research, to simulate the reality of statistical researcher.
The exhibition, which opens from 9 am to 1 pm during the week, includes a number of shows and competitions, such as the competition of regions and numbers, which aims to identify the population of the regions, the statistical signs competition, which aims to enhance the student's understanding of its importance in the census and statistical surveys in general.
On Wednesday, Muharram 23rd, 1440 AH, GASTAT will also present a lecture on the importance of statistics hosted by Dumat Al-Jandal Intermediate School in the presence of a number of students from the governorate schools. On the other hand, in the same period, Al-Jouf university will hold the event of (We are with you in your academic trip). In this event, an awareness booth will be set up to introduce all university students, faculty members and employees at the university with GASTAT products, statistical services and how to obtain them and benefit from them in research and academic studies. The event will conclude with an awareness lecture to be held at the University Theater on Thursday, 24th of Muharram, during which the students will be introduced with the role of the college student in the development as well as their role in spreading of awareness among the society.
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
18-11-2018
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
On its official website www.stats.gov.sa , GASTAT released the results of the industrial production survey for the second quarter of 2018. This survey measures the relative change or any developments in the quantities of commodities and material production.
The survey results indicated an increase by 4.17% in the industrial production index during the second quarter of 2018, compared to the first quarter of the same year. The index registered 137.87 points during the second quarter, 2018.
As for the industrial production index activities, the mining and quarrying indicator rose by 1.89%, whereas the manufacturing production increased by 5.07%. However, the production of the electricity and gas supply registered an increase with 83.46% when compared to the first quarter of 2018.
The results also showed an increase by 5.84% in all industrial activities compared to the second quarter of 2017. The growth in mining and quarrying production reached 1.95%, while the manufacturing production growth registered 16.44%. However, the production of electricity and gas supply decreased by 0.30%.
In this context, industrial production means transforming raw material (inputs) into consuming material in its final shape as (outputs) so that the producing establishment may gain a profit in return. On the other hand, the extractive industries mean raw material extracted from the ground. They depend on non-renewable natural resources such as oil and mining. However, manufacturing concerns all industries whose activity is all about transforming raw material into final products or intermediate products.
It is worth mentioning that the idea of index means the measurement of any change in a given value during a specific period of time called the comparison period which compares the values during different periods of times. The Industrial Production Index is considered the fourth statistical product that GASTAT conducts as an index. It is conducted after Consumer Price Index, Wholesale Prices Index, and Real-estate Prices Index.
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
18-11-2018
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
On its official website www.stats.gov.sa , GASTAT released the results of the industrial production survey for the second quarter of 2018. This survey measures the relative change or any developments in the quantities of commodities and material production.
The survey results indicated an increase by 4.17% in the industrial production index during the second quarter of 2018, compared to the first quarter of the same year. The index registered 137.87 points during the second quarter, 2018.
As for the industrial production index activities, the mining and quarrying indicator rose by 1.89%, whereas the manufacturing production increased by 5.07%. However, the production of the electricity and gas supply registered an increase with 83.46% when compared to the first quarter of 2018.
The results also showed an increase by 5.84% in all industrial activities compared to the second quarter of 2017. The growth in mining and quarrying production reached 1.95%, while the manufacturing production growth registered 16.44%. However, the production of electricity and gas supply decreased by 0.30%.
In this context, industrial production means transforming raw material (inputs) into consuming material in its final shape as (outputs) so that the producing establishment may gain a profit in return. On the other hand, the extractive industries mean raw material extracted from the ground. They depend on non-renewable natural resources such as oil and mining. However, manufacturing concerns all industries whose activity is all about transforming raw material into final products or intermediate products.
It is worth mentioning that the idea of index means the measurement of any change in a given value during a specific period of time called the comparison period which compares the values during different periods of times. The Industrial Production Index is considered the fourth statistical product that GASTAT conducts as an index. It is conducted after Consumer Price Index, Wholesale Prices Index, and Real-estate Prices Index.
Qassim's Students Participate in Smart Statistician Exhibition
13-11-2018
Within GASTAT’s plan to raise statistical awareness among all society classes
Qassim's Students Participate in Smart Statistician Exhibition
The General Authority for Statistics (GASTAT), in cooperation with the General Directorate of Education in Qassim, organized the “Smart Statistician Exhibition” as a part of its plan to raise statistical awareness among all society classes, including the students of general and higher education. The exhibition was held at the student’s house in Buraydah Region during the period 26-29 Safar, 1440H with participation of more than 30 schools in the region to visit and participate.
The exhibition targeted the students in the higher classes of primary and intermediate school. It aims at clarifying the role of statistics in the life of students, in addition to explaining the statistical concepts, and raising the level of students’ awareness. Moreover, it presents the statistical process steps and stages in a simple and scientific way, and enhances the student’s realization of the statistician role. However, the exhibition demonstrates the impact of data accuracy provided by (establishments and households) on development, as the student is considered an effective method in raising households’ awareness.
In the beginning of the exhibition, the students were asked to view an introductory video featuring statistics in general, then they visited the sections of the exhibition which contain significant information presented in an entertainment way. The sections include information on the difference between statistics and mathematics, GASTAT’s role, and the role played by the student and household in the Authority’s work. Additionally, the students learned the procedures of conducting filed statistical research through a practical experiment, where the student embodied the role of the “statistician”, and visited a household using an electronic form of field research in order to simulate the reality of being statistician.
The exhibition opens from 9:00 am to 1:00 pm during weekdays. It involves a number of competitions, such as “Regions and Numbers Challenge”, to know the number of the region’s population, and the competition of “Statistical Signs” to boost the student's understanding of the importance of such signs in conducting census and statistical surveys.
GASTAT also gave an awareness lecture on the importance of statistics hosted by the Department of Education in Unayzah Region in the presence of many students of governorate’s schools. However, during this week, Qassim University hosted the event of (We Share You Your Academic Journey) which targets university students, faculty members, and all university staff. This event presents the statistical products and services of the Authority, and explains how to use them to conduct academic studies and research.
Qassim's Students Participate in Smart Statistician Exhibition
13-11-2018
Within GASTAT’s plan to raise statistical awareness among all society classes
Qassim's Students Participate in Smart Statistician Exhibition
The General Authority for Statistics (GASTAT), in cooperation with the General Directorate of Education in Qassim, organized the “Smart Statistician Exhibition” as a part of its plan to raise statistical awareness among all society classes, including the students of general and higher education. The exhibition was held at the student’s house in Buraydah Region during the period 26-29 Safar, 1440H with participation of more than 30 schools in the region to visit and participate.
The exhibition targeted the students in the higher classes of primary and intermediate school. It aims at clarifying the role of statistics in the life of students, in addition to explaining the statistical concepts, and raising the level of students’ awareness. Moreover, it presents the statistical process steps and stages in a simple and scientific way, and enhances the student’s realization of the statistician role. However, the exhibition demonstrates the impact of data accuracy provided by (establishments and households) on development, as the student is considered an effective method in raising households’ awareness.
In the beginning of the exhibition, the students were asked to view an introductory video featuring statistics in general, then they visited the sections of the exhibition which contain significant information presented in an entertainment way. The sections include information on the difference between statistics and mathematics, GASTAT’s role, and the role played by the student and household in the Authority’s work. Additionally, the students learned the procedures of conducting filed statistical research through a practical experiment, where the student embodied the role of the “statistician”, and visited a household using an electronic form of field research in order to simulate the reality of being statistician.
The exhibition opens from 9:00 am to 1:00 pm during weekdays. It involves a number of competitions, such as “Regions and Numbers Challenge”, to know the number of the region’s population, and the competition of “Statistical Signs” to boost the student's understanding of the importance of such signs in conducting census and statistical surveys.
GASTAT also gave an awareness lecture on the importance of statistics hosted by the Department of Education in Unayzah Region in the presence of many students of governorate’s schools. However, during this week, Qassim University hosted the event of (We Share You Your Academic Journey) which targets university students, faculty members, and all university staff. This event presents the statistical products and services of the Authority, and explains how to use them to conduct academic studies and research.
GASTAT: Number of Saudi Workers Working at Private Establishments Rose to 5.7%
07-11-2018
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.
GASTAT: Number of Saudi Workers Working at Private Establishments Rose to 5.7%
07-11-2018
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.
GASTAT: Per Capita GDP, Current Account of the Balance of Payments and Total Savings of the 2nd Quarter of 2018 Increased
06-11-2018
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.
GASTAT: Per Capita GDP, Current Account of the Balance of Payments and Total Savings of the 2nd Quarter of 2018 Increased
06-11-2018
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.
The coordination committee is holding its third meeting with 17 governmental entities
04-11-2018
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.
The coordination committee is holding its third meeting with 17 governmental entities
04-11-2018
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.
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
28-10-2018
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.
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
28-10-2018
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.
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
28-10-2018
The index includes housing, commercial and agricultural sectors
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
The General Authority for Statistics (GASTAT) released the report of Real Estate Price index for the third quarter, 2018 on the official website of the Authority www.stats.gov.sa
The real-estate price index has recorded a decline by (1.6%), compared to the previous quarter Q2 2018, where the indicator of the real estate price index reached (82.3) in the third quarter of 2018, compared to (83.6) in the second quarter of 2018. This decline can be attributed to the decrease in the main sectors composing the indicator: the housing sector (2.1%), the commercial sector (0.5%), and the agricultural sector (0.1%) compared to the second quarter of the current year.
At the level of the housing sector, the third quarter of 2018 witnessed a decline in residential lands by (2.1%), compared to the previous quarter, where the villas, apartments and houses decreased by (1.4%), (2.0%), and (0.3%) respectively. On the other hand, residential buildings increased by (0.2%). Regarding the commercial sector, commercial plots decreased by (0.5%), compared to the previous quarter. However, the agricultural sector witnessed a decrease by (0.1%) in agricultural lands.
Additionally, the index is based on the data records about real-estate’s transactions available at the Ministry of Justice, and it is an important tool to support economic and statistical decision makers regarding the changes of property prices and future forecasts during different periods of time. The index has three main sectors consisting of several types of real estate: housing sector which includes the following (plot of land, building, villa, apartment and house), commercial sector includes (plot of land, building, exhibition/ shop or commercial center), and the agricultural sector with only one category which is the agricultural land.
It is worth mentioning that the real estate price index aims at finding accurate real estate statistical indicators that measure real estate market in Saudi Arabia according to universally recognized scientific norms and standards, and filling the gap of data in real estate sector. It is considered an essential tool to support entities which make economic decisions in this field, and to contribute to a development process in the real estate sector in order to achieve the vision of 2030.
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
28-10-2018
The index includes housing, commercial and agricultural sectors
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
The General Authority for Statistics (GASTAT) released the report of Real Estate Price index for the third quarter, 2018 on the official website of the Authority www.stats.gov.sa
The real-estate price index has recorded a decline by (1.6%), compared to the previous quarter Q2 2018, where the indicator of the real estate price index reached (82.3) in the third quarter of 2018, compared to (83.6) in the second quarter of 2018. This decline can be attributed to the decrease in the main sectors composing the indicator: the housing sector (2.1%), the commercial sector (0.5%), and the agricultural sector (0.1%) compared to the second quarter of the current year.
At the level of the housing sector, the third quarter of 2018 witnessed a decline in residential lands by (2.1%), compared to the previous quarter, where the villas, apartments and houses decreased by (1.4%), (2.0%), and (0.3%) respectively. On the other hand, residential buildings increased by (0.2%). Regarding the commercial sector, commercial plots decreased by (0.5%), compared to the previous quarter. However, the agricultural sector witnessed a decrease by (0.1%) in agricultural lands.
Additionally, the index is based on the data records about real-estate’s transactions available at the Ministry of Justice, and it is an important tool to support economic and statistical decision makers regarding the changes of property prices and future forecasts during different periods of time. The index has three main sectors consisting of several types of real estate: housing sector which includes the following (plot of land, building, villa, apartment and house), commercial sector includes (plot of land, building, exhibition/ shop or commercial center), and the agricultural sector with only one category which is the agricultural land.
It is worth mentioning that the real estate price index aims at finding accurate real estate statistical indicators that measure real estate market in Saudi Arabia according to universally recognized scientific norms and standards, and filling the gap of data in real estate sector. It is considered an essential tool to support entities which make economic decisions in this field, and to contribute to a development process in the real estate sector in order to achieve the vision of 2030.
GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
21-11-2018
GASTAT Launches its Awareness Week for Students of General and Higher Education in Al-Jouf Region
As part of its plan to raise statistical awareness among all segments of the society, including the students of general education and higher education, the General Authority for Statistics (GASTAT) organized the "Smart Statistician" exhibition in cooperation with the General Directorate of Education in Al-Jouf Region. The exhibition will be held at Al-Sudairiya School in Sakaka city, during the period from 20th to 24th of Muharram 1440 AH, where more than 70 schools from the region were invited to visit and participate.
The exhibition, which is intended for students in the upper grades of the primary and intermediate levels, aims to highlight the importance of statistics in the life of the student, introduce the most important concepts related to statistics, help students in reaching a high level of awareness of the importance of statistics, as well as the steps and stages of the statistical process in a scientific and exciting way. In addition, it enhances the students' understanding of the role of statistical systems, the statistical field researchers and the impact of the accuracy of data provided by (households and establishments) on development in all its fields, considering that the student is an influential media in the family as he transfers everything that he learns in school to his family.
The exhibition starts its activities with an introductory video. The student will begin to move among the sections that contain scientific information presented in a fun and entertaining way by learning about statistics, the difference between statistics and mathematics, the role of the General Authority for Statistics, how to carry out field statistical research through a practical experiment conducted by the student by playing the role of a "statistical researcher" and visiting a household using the electronic form of field research, to simulate the reality of statistical researcher.
The exhibition, which opens from 9 am to 1 pm during the week, includes a number of shows and competitions, such as the competition of regions and numbers, which aims to identify the population of the regions, the statistical signs competition, which aims to enhance the student's understanding of its importance in the census and statistical surveys in general.
On Wednesday, Muharram 23rd, 1440 AH, GASTAT will also present a lecture on the importance of statistics hosted by Dumat Al-Jandal Intermediate School in the presence of a number of students from the governorate schools. On the other hand, in the same period, Al-Jouf university will hold the event of (We are with you in your academic trip). In this event, an awareness booth will be set up to introduce all university students, faculty members and employees at the university with GASTAT products, statistical services and how to obtain them and benefit from them in research and academic studies. The event will conclude with an awareness lecture to be held at the University Theater on Thursday, 24th of Muharram, during which the students will be introduced with the role of the college student in the development as well as their role in spreading of awareness among the society.
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
18-11-2018
GASTAT: Index of Industrial Production Increased during the Second Quarter of 2018
On its official website www.stats.gov.sa , GASTAT released the results of the industrial production survey for the second quarter of 2018. This survey measures the relative change or any developments in the quantities of commodities and material production.
The survey results indicated an increase by 4.17% in the industrial production index during the second quarter of 2018, compared to the first quarter of the same year. The index registered 137.87 points during the second quarter, 2018.
As for the industrial production index activities, the mining and quarrying indicator rose by 1.89%, whereas the manufacturing production increased by 5.07%. However, the production of the electricity and gas supply registered an increase with 83.46% when compared to the first quarter of 2018.
The results also showed an increase by 5.84% in all industrial activities compared to the second quarter of 2017. The growth in mining and quarrying production reached 1.95%, while the manufacturing production growth registered 16.44%. However, the production of electricity and gas supply decreased by 0.30%.
In this context, industrial production means transforming raw material (inputs) into consuming material in its final shape as (outputs) so that the producing establishment may gain a profit in return. On the other hand, the extractive industries mean raw material extracted from the ground. They depend on non-renewable natural resources such as oil and mining. However, manufacturing concerns all industries whose activity is all about transforming raw material into final products or intermediate products.
It is worth mentioning that the idea of index means the measurement of any change in a given value during a specific period of time called the comparison period which compares the values during different periods of times. The Industrial Production Index is considered the fourth statistical product that GASTAT conducts as an index. It is conducted after Consumer Price Index, Wholesale Prices Index, and Real-estate Prices Index.
Qassim's Students Participate in Smart Statistician Exhibition
13-11-2018
Within GASTAT’s plan to raise statistical awareness among all society classes
Qassim's Students Participate in Smart Statistician Exhibition
The General Authority for Statistics (GASTAT), in cooperation with the General Directorate of Education in Qassim, organized the “Smart Statistician Exhibition” as a part of its plan to raise statistical awareness among all society classes, including the students of general and higher education. The exhibition was held at the student’s house in Buraydah Region during the period 26-29 Safar, 1440H with participation of more than 30 schools in the region to visit and participate.
The exhibition targeted the students in the higher classes of primary and intermediate school. It aims at clarifying the role of statistics in the life of students, in addition to explaining the statistical concepts, and raising the level of students’ awareness. Moreover, it presents the statistical process steps and stages in a simple and scientific way, and enhances the student’s realization of the statistician role. However, the exhibition demonstrates the impact of data accuracy provided by (establishments and households) on development, as the student is considered an effective method in raising households’ awareness.
In the beginning of the exhibition, the students were asked to view an introductory video featuring statistics in general, then they visited the sections of the exhibition which contain significant information presented in an entertainment way. The sections include information on the difference between statistics and mathematics, GASTAT’s role, and the role played by the student and household in the Authority’s work. Additionally, the students learned the procedures of conducting filed statistical research through a practical experiment, where the student embodied the role of the “statistician”, and visited a household using an electronic form of field research in order to simulate the reality of being statistician.
The exhibition opens from 9:00 am to 1:00 pm during weekdays. It involves a number of competitions, such as “Regions and Numbers Challenge”, to know the number of the region’s population, and the competition of “Statistical Signs” to boost the student's understanding of the importance of such signs in conducting census and statistical surveys.
GASTAT also gave an awareness lecture on the importance of statistics hosted by the Department of Education in Unayzah Region in the presence of many students of governorate’s schools. However, during this week, Qassim University hosted the event of (We Share You Your Academic Journey) which targets university students, faculty members, and all university staff. This event presents the statistical products and services of the Authority, and explains how to use them to conduct academic studies and research.
GASTAT: Number of Saudi Workers Working at Private Establishments Rose to 5.7%
07-11-2018
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.
GASTAT: Per Capita GDP, Current Account of the Balance of Payments and Total Savings of the 2nd Quarter of 2018 Increased
06-11-2018
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.
The coordination committee is holding its third meeting with 17 governmental entities
04-11-2018
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.
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
28-10-2018
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.
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
28-10-2018
The index includes housing, commercial and agricultural sectors
GASTAT: Real-Estate Prices Index Decreased During Q3, 2018
The General Authority for Statistics (GASTAT) released the report of Real Estate Price index for the third quarter, 2018 on the official website of the Authority www.stats.gov.sa
The real-estate price index has recorded a decline by (1.6%), compared to the previous quarter Q2 2018, where the indicator of the real estate price index reached (82.3) in the third quarter of 2018, compared to (83.6) in the second quarter of 2018. This decline can be attributed to the decrease in the main sectors composing the indicator: the housing sector (2.1%), the commercial sector (0.5%), and the agricultural sector (0.1%) compared to the second quarter of the current year.
At the level of the housing sector, the third quarter of 2018 witnessed a decline in residential lands by (2.1%), compared to the previous quarter, where the villas, apartments and houses decreased by (1.4%), (2.0%), and (0.3%) respectively. On the other hand, residential buildings increased by (0.2%). Regarding the commercial sector, commercial plots decreased by (0.5%), compared to the previous quarter. However, the agricultural sector witnessed a decrease by (0.1%) in agricultural lands.
Additionally, the index is based on the data records about real-estate’s transactions available at the Ministry of Justice, and it is an important tool to support economic and statistical decision makers regarding the changes of property prices and future forecasts during different periods of time. The index has three main sectors consisting of several types of real estate: housing sector which includes the following (plot of land, building, villa, apartment and house), commercial sector includes (plot of land, building, exhibition/ shop or commercial center), and the agricultural sector with only one category which is the agricultural land.
It is worth mentioning that the real estate price index aims at finding accurate real estate statistical indicators that measure real estate market in Saudi Arabia according to universally recognized scientific norms and standards, and filling the gap of data in real estate sector. It is considered an essential tool to support entities which make economic decisions in this field, and to contribute to a development process in the real estate sector in order to achieve the vision of 2030.