GASTAT President receives the Minister of Economy and Industry of Estonia
05-11-2024
Dr. Fahad bin Abdullah Aldossari, President of the General Authority for Statistics, received Mr. Erki Kilu, Minister of Economy and Industry of the Republic of Estonia, along with Ambassador Maria Belolfas and the accompanying delegation at GASTAT’s headquarters. During the meeting, they reviewed various topics of mutual interest and discussed ways to strengthen cooperation in the field of statistical work between the two sides.
At the beginning of the meeting, Dr. Fahad Aldossari welcomed the Minister of Economy and Industry of the Republic of Estonia and his accompanying delegation. He provided an overview of GASTAT’s key activities and its efforts in digital transformation, showcasing GASTAT’s main products, which include 70 statistical products, and the development of data collection tools and methodologies. The significant role played by GASTAT in updating the base year for the Gross Domestic Product (GDP) according to chain-linked series, in line with internationally accepted practices among global and statistically advanced references, was also reviewed. In addition, updates to the Real Estate Index and geographic maps were discussed.
Aldossari also highlighted various regional and international projects, mentioning that the General Authority for Statistics was selected to host the sixth United Nations World Data Forum, set to take place in 2026.
For his part, the Minister of Economy and Industry of the Republic of Estonia expressed his gratitude to the President of the General Authority for Statistics for the warm welcome and congratulated GASTAT on its outstanding achievements. He highlighted the strong relations between the two friendly countries and praised the visit by GASTAT delegation to Estonia, along with its positive impact on various areas of cooperation between both sides.
Estonian Ambassador Maria Belolfas also delivered remarks, expressing her appreciation for the visit and commending the strong relations between the two countries, particularly in the economic sector.
It is worth noting that this meeting follows a visit by a delegation from the General Authority for Statistics to the Republic of Estonia last August, during which they met with officials from the Estonian Statistics Office and held meetings with several other officials involved in statistical work.
GASTAT: Crude oil production decreases by 9.3% in 2023
04-11-2024
The General Authority for Statistics announced today the results of Oil and Gas Statistics Publication 2023 for the Kingdom of Saudi Arabia. According to the publication's results, the total crude oil production in the Kingdom for 2023 decreased by 9.3% compared to 2022, reaching 3.506 million barrels. Meanwhile, the quantity of crude oil exports recorded a decrease of 9.6%, amounting to 2.431 million barrels compared to 2022.
The total production of gasoline in 2023 decreased by 2.6% compared to 2022, with a production quantity of 224 million barrels. Regarding kerosene and jet fuel, there was an increase in production quantity, reaching 57 million barrels, an increase of 2.7% compared to 2022, based on the results.
The total consumption of gasoline in 2023 increased by 1.8% compared to 2022, with a consumption quantity of 186 million barrels. In terms of kerosene and jet fuel, there was also an increase in consumption, reaching 35 million barrels, up by 32.8% compared to 2022, according to the publication.
The publication showed a decrease in total fuel oil exports for 2023 by 10.3% compared to 2022, with export quantities amounting to 67 million barrels, while imports increased, totaling 88 million barrels with a growth rate of approximately 25.9%. As for gas/diesel oil, there was a decrease in export quantities, which amounted to 206 million barrels, marking a decline of 15.7% compared to 2022, while imports rose to 33 million barrels, with an increase of 43.8%.
It is noteworthy that the Oil and Gas Statistics Publication covers energy data at the level of the Kingdom of Saudi Arabia, according to the International Standard International Energy Product Classification (SIEC), with data available in a time series for the period (2010-2023).
Saudi economy grows by 2.8% during Q3 of 2024
03-11-2024
The General Authority for Statistics (GASTAT) released today the flash estimates of the real GDP growth rate for Q3 of 2024 on its official website. Accordingly, the real GDP during Q3 of 2024 achieved a growth rate of 2.8% compared to the same period of the previous year.
The flash estimates revealed that oil activities recorded a growth of 0.3% during Q3 of 2024 compared to the same period of the previous year, while non-oil activities achieved a positive growth rate of 4.2% compared to the same period of the previous year. Additionally, government activities recorded a positive growth rate of 3.1% compared to the same period of the previous year.
The report's results indicated that the seasonally adjusted real GDP during Q3 of 2024 increased by 0.8% compared to Q2 of 2024.
GASTAT president joins Global PropTech Summit in Riyadh Primary tabs View published(active tab) New draft Moderate Translate Outlin
27-10-2024
Under the patronage of His Excellency Majid bin Abdullah Alhoqail, Minister of Municipal and Housing Affairs, Dr. Fahad bin Abdullah Aldossari, President of the General Authority for Statistics, participated in a panel discussion titled "The Future of Real Estate: Advanced Management and Data Analysis." This session was held as part of the Global PropTech Summit in the capital, Riyadh, with the presence of a distinguished group of industry experts, investors, real estate developers, and leading global technology companies.
During his participation, Aldossari explained the role of the General Authority for Statistics in developing and enabling digital transformation, which has contributed to diversifying data sources to ensure the quality of statistical products and the comprehensiveness of indicators. These data sources include statistical surveys (field, telephone, and online), the utilization of administrative records, and other data sources such as satellite imagery and geospatial data. This approach has improved the efficiency of statistical operations and contributed to the quicker and more accurate production of high-quality statistical products.
In this context, Aldossari noted that through continuous planning and organizational development, we have successfully improved performance in the development of statistical products and indicators. He emphasized the importance of identifying needs and opportunities within the private sector related to statistical information and data. Furthermore, he highlighted the significance of collaborative efforts between GASTAT and private sector partners, which positively influences the success of joint initiatives. This collaboration supports the ongoing development and transformation of the General Authority for Statistics and takes advantage of advanced statistical programs and products that enhance commercial and investment opportunities in various sectors.
He added that in recent years, the scope of statistical work has expanded significantly, and the statistics sector in the Kingdom has undergone substantial transformations. This has been achieved through initiatives and statistical projects led by the General Authority for Statistics, aimed at producing statistical data and indicators. Additionally, there has been a continuous effort to integrate various data sources using the best data management and governance infrastructures, along with ongoing improvements in mechanisms for sharing statistical data.
It is worth noting that the Global PropTech Summit will take place over two days, October 27-28, 2024. This event serves as an innovative meeting point between technology and the real estate sector, with its themes closely aligned with Saudi Vision 2030 and its objectives related to the development of the real estate sector. The summit emphasizes the importance of establishing the Kingdom of Saudi Arabia as a leading center for modern real estate technology practices by adopting innovative activities in digital fields, data analysis, and virtual technologies for the future of the real estate sector.