On Wednesday September 7, 2022, General Authority for Statistics (GASTAT) released on its official website www.stats.gov.sa the report of Gross Domestic Product (GDP) and National Accounts Indicators for the second quarter of 2022. According to the estimates, real GDP recorded an increase by (12.2%) during the second quarter of 2022 compared to the same period of last year 2021. It is worth noting that 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 issued today, Wednesday, Muharram 12, 1444 AH, corresponding to August 10, 2022, the results of the Industrial Production Index (IPI) in June 2022, and published it on its official website www.stats.gov.sa  The publication results revealed the increase of IPI in June 2022 by 20.8% compared to June 2021. This was due to the increase in mining, quarrying and manufacturing activities. The results of the monthly publication showed an increase in the index of mining and quarrying activity in June 2022 by 19.2% compared to the same month of the previous year 2021. In June 2022, the manufacturing activity index increased by 29.3% compared to June 2021, and the electricity and gas supply activity decreased by 1.2% compared to the same month of the previous year in 2021. According to the publication results, the general index of industrial production in June 2022 increased by 1.0% compared to May 2022, affected by the increase in mining and quarrying activity, which appeared to be high by 1.0%. The electricity and gas supplies activity increased by 9.3%, while the manufacturing activity stabilized at the same level of production compared to the previous month. 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 revealed on Monday, Muharram 3, 1444, corresponding to August 1, 2022, the results of the real estate price index for the second quarter of 2022, and published it on its official website www.stats.gov.sa The publication results indicated a 0.7% increase in the general real estate price index for the second quarter of 2022, compared to the same quarter of the previous year 2021, mainly due to increase in residential real estate prices of +1.9%. According to the publication results, the increase in residential land prices largely affected the increase in real estate prices in the second quarter of 2022, compared to the second quarter of 2021. The residential sector recorded a 1.9% increase affected by a 0.2% increase in the residential land plots prices, on an annual basis in the second quarter of 2022, due to its high relative importance in the general index. Among other residential real estate prices, the prices of villas, apartments, and houses decreased by 1.1%, 1.1% and 0.9% respectively.  However, the prices of residential buildings stabilized and did not record any significant changes. The commercial sector recorded a 1.5% decrease, impacted by the decrease in the prices of commercial lands plots by 1.5%.  The prices of galleries also decreased by 1.1%, while the prices of commercial centers increased by 0.1%. On the other hand, the commercial buildings prices stabilized and did not record any significant changes. The agriculture sector decreased by 0.6% affected by the decrease in agriculture land prices by -0.6%. 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 researches, 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.