The General Authority for Statistics Starts the Second Phase of Updating the Guidebook for the Populated Areas, in Preparation for the 2020 Population Census
Including Aseer Region, Al baha, Jazan and Najran
The General Authority for Statistics Starts the Second Phase of Updating the Guidebook for the Populated Areas, in Preparation for the 2020 Population Census
In preparation for the population and houses census project (2020- 1441 AH) GaStat started to work according to a series of steps and in coordination with a number of government agencies on the technical arrangements of the implementation “for updating the populated areas guidebook”. It is considered the first field steps proceeding the census 2020 project. These steps are according to a timetable that includes all the stages of updating the guidebook for the populated names for different regions of the Kingdom and it includes: Aseer Region, Al baha Region, Jazan Region and Najran Region. In addition, there will be a number of stages that covers all the Kingdom regions during this year 2018.
This project aims to update the guidebook for the populated areas in the field and to process its data by observing all the changes occurred in the guidebook. Moreover, during the updating process, the number of dwellings and establishments in the populated areas are considered and distributed to statistical work areas, also linking the populated areas to the national address, identifying the populated areas on maps and making any necessary divisions. As well as counting the rugged areas, Badia areas and areas requiring prior coordination.
On the other hand, the General authority for statistics (GaStat) has recently held the first specialized workshops to discuss the census form (2020) within a series of workshops related to the form. And that was with the participation of some experts and specialists from the GaStat, and a number of relevant government agencies.
The project of population and housing census (2020- 1441 AH) aims to collect and publish the demographic, social and economic data of the population to provide the requirements of the government of basic data on population and housing to build the development plans, also the needs of researchers and planners, and to provide a new framework for all of the specialized statistical researches that are conducted based on the sample method. Additionally, finding a broad base of data and using it as a reliable source to conduct studies and researches required by the development programs, providing the data and indicators of population periodically to measure the population characteristics changes over the time, making local, regional and international comparisons, and to review, evaluate the population estimates in the future.
GaStat Tends to Activate the Role of ‘’Women’’ in the Statistical Fieldwork
With Participation of Ektefaa Charity Association in Jeddah
GaStat Tends to Activate the Role of ‘’Women’’ in the Statistical Fieldwork
GaStat tends to strengthen the statistical fieldwork with trained field staff of female statisticians in various regions of the Kingdom in order to facilitate the way of providing information to families without a male head, emphasizing the role of women as one of the active forces in the statistical sector in the Kingdom of Saudi Arabia. Where the official spokesman of GaStat, Mr. Taiseer Almofarrej, confirmed that GaStat has completed the preparation of training programs for female statisticians and field work experience.
GaStat cooperated with Ektefaa women's charity association in Jeddah to supervise the process of statisticians’ qualifying and training and to participate in the household related surveys in Jeddah, Riyadh, Hofuf, and Jazan as they have previously worked in this filed. The women’ fieldwork experience is considered one of the programs that prepares them for 2020 population census and other statistical surveys. Almofarrej added that this opportunity will contribute in facilitating data collection from families headed by a woman. Moreover, it will contribute in opening up new areas of women work and increase the women's participation in development to achieve the vision of KSA.
In addition to Ektefaa Association in Jeddah, which supervised the program, it is worth mentioning that a number of associations have participated in this experience, including (Ensan) charity committee for orphans Care in Riyadh, Al-bir society in Al-Ahsa, and Al-bir society in Jazan. Ektefaa Charity association, which is one of the specialized charities in the field of surveying and information collecting and documenting, has provided GaStat with a study on their previous experience on conducting a field survey. The study clarifies the importance of females’ engagement in the implementation of field surveys concerning household affairs. GaStat will evaluate this experience and sit a road map to activate the role of women in the field works that target households.
Saudi Arabia Ends its Participation in the Works of the United Nations Statistical Commission (49th Round)
In order to develop the statistical sector and to follow up sustainable development goals
Saudi Arabia Ends its Participation in the Works of the United Nations Statistical Commission (49th Round)
Saudi Arabia Ends its Participation in the Works of the United Nations Statistical Commission (49th Round). It started last Tuesday until yesterday evening at the United Nations headquarters which is in New York City . In addition, the delegation headed by his Excellency Dr. Fahad bin Sulaiman Altekhaifi, president of the General Authority for Statistics. He indicated that the participation was an extension of the authority strategy for international participation. Also, to benefit from the best statistical practices because it reflected on the development of the statistical sector in the kingdom of Saudi Arabia. Moreover, he added that the kingdom of Saudi Arabia reviewed number of development axes for the statistical sector. During the works of 49th round, there was several presentations and interventions from co-sponsor delegation over four days. AL-Tekhaifi showed the statistical transformative experience was one of the axes where the authority addressed the road map and the dimensions on which it relied. Which is focusing on the importance of the client, quality and the development of the statistical sector. He mentioned that the KSA experience concerned the participants, and the progress of the statistical surveys reflect the affectivity and the importance of the listening to the clients from government entities and data users. Where the average of the surveys perversely were not over than eleven surveys in one year, but now in 2017 there are more than forty-two field surveys. In order to meet the requirements of the government entities and data users accordance with the regional and international requirements. At the level of the international statistical classification, the president of authority indicated that the authority focused on developed the statistical sector in KSA in several trends, Such as unified the use of international statistical classifications in the statistical surveys and administrative registers of ministries, government entities and privet sectors. Moreover, its first steps were unified the use of international industrial classification for economic activities in administrative registers (ISIC4), for all sectors and entities in the country. While, sector workshops were hold and meet bilaterally to define and to raise awareness of the classification. Also, to explain the mechanism of the application, and the importance of the study of the technical fields for all entities that related to. In order to ensure the access to the identical results based on one axis for the guide. Furthermore, the authority will continued the same approach for the rest of international classifications. Where, the same approach of national classification of occupation is applied recently (ISCO-08). The work of (49) round dealt with the household surveys, while authority confirmed that the household surveys is an important and main source for the different social statistics. That's because they are an active element for all the statistical systems, which based on provide several social indicators. It also considers as an important element to provide the related data of monitor progress in order to achieve the goals of sustainable development, under multitude requirements and challenges which faced by the available data.
GaStat Have focused on conducting a share amount of survey on household in that matter. In 2017 Among all the Surveys 17 of them was a household survey, and planning on doing 20 Household survey this year. The Authority is paying a great importance in register data, and has launched a numerous number of partnerships, initiatives and projects to link all the concerned institutions in the direction to come up with data that provides a lot of statistical indicators, also reducing the need for field survey.
United Nation Statistical Commission agenda included a number of topics, surrounding the open data. The participant delegators have indicated a number of steps taken by The Kingdom of Saudi Arabia on activating the Open data, to establish a high-level national committee for open data, at a ministerial level, led by The General Authority of Statics. To supervise the work regarding open data in Saudi Arabia, and strengthening coordination and partnership between the parties concerned. In addition to that, the project of Saudi Statistical Portal, which the authority is working on with a number of governmental institution, that offers statistical information’s in an up-to-date and easy-to-use way. Also, applying the best technical tools to access the information quicker and better, and applying the standards of data disaggregation as an open data, by international standards. As well as developing the digital content of the portal (e-content). And Increasing the level of e-reediness, In addition, further development of legislative and regulatory framework. The portal wouldn’t be only for the Authority, it would allow the all the institution, Authority’s and Government Institutions, to display their statistics in the same modern way, and working on strengthening the content with open data. The portal will support the social participation; it will allow visitors to publish their articles. The delegators have declared that this project consist of processing the basic data of GaStat, in addition to the other governmental data and the privet sector, to serve as convertible data which could be interactive graphics. GaStat has represented Saudi Arabia in this field lately as a member of the International Labour Organization of Big data and Official States-UN, whose membership includes 22 countries and 9 international authorities’.
On the other hand, GaStat have presented, through their participation, about their current experience in National Statistical Data(MASDAR) for conducting data and statistical indicators from the concerned authorities, and work with them to provide, publish and exchange data and national statistical indicators through Databases and specify electronic portals. Which support making decision in Saudi Arabia, also it’s a solid Informational bank to support Saudi Arabia 2030 Vision and National Transformation Programme 2020. GaStat have declared through the presentation that the goal of this programme is to build a comprehensive national statistical database which have all the statistical data from all the inner and outer sources to produce tabulations, indicators and analysis where the users and analysts need those data in or out of the Authority for statistical references to support decision, and making all of the development plans.
On the margins of the round the participant Saudi delegates met with a number of statistical commissions relevant to housing, social and economic statistics, as well as the South Korean delegates to discuss the road map of reinstate the agreement between the two countries.
It started at the United Nations headquarters which is in New York City, on the last Tuesday until yesterday evening. In addition, the delegation headed by his Excellency Fahad Ibn Sliman AL-Tekhaifi who is the president of the general authority for statistics. He indicated that the participation was an extension of the authority strategy for international participation. Also, to benefit from the best statistical practices because it reflected on the development of the statistical sector in the kingdom of Saudi Arabia. Moreover, he added that the kingdom of Saudi Arabia reviewed number of development axes for the statistical sector. During the work of (49) round there was several presentations and interventions from co-sponsor delegation over four days. AL-Tekhaifi showed the statistical transformative experience was one of the axes where the authority addressed the road map and the dimensions on which it relied. Which is focusing on the importance of the client, quality and the development of the statistical sector. He mentioned that the KSA experience concerned the participants, and the progress of the statistical surveys reflect the affectivity and the importance of the listening to the clients from government entities and data users. Where the average of the surveys perversely were not over than eleven surveys in one year, but now in 2017 there are more than forty-two field surveys. In order to meet the requirements of the government entities and data users accordance with the regional and international requirements. At the level of the international statistical classification, the president of authority indicated that the authority focused on developed the statistical sector in KSA in several trends, Such as unified the use of international statistical classifications in the statistical surveys and administrative registers of ministries, government entities and privet sectors. Moreover, its first steps were unified the use of international industrial classification for economic activities in administrative registers (ISIC4), for all sectors and entities in the country. While, sector workshops were hold and meet bilaterally to define and to raise awareness of the classification. Also, to explain the mechanism of the application, and the importance of the study of the technical fields for all entities that related to. In order to ensure the access to the identical results based on one axis for the guide. Furthermore, the authority will continued the same approach for the rest of international classifications. Where, the same approach of national classification of occupation is applied recently (ISCO-08). The work of (49) round dealt with the household surveys, while authority confirmed that the household surveys is an important and main source for the different social statistics. That's because they are an active element for all the statistical systems, which based on provide several social indicators. It also considers as an important element to provide the related data of monitor progress in order to achieve the goals of sustainable development, under multitude requirements and challenges which faced by the available data.
GaStat Have focused on conducting a share amount of survey on household in that matter. In 2017 Among all the Surveys 17 of them was a household survey, and planning on doing 20 Household survey this year. The Authority is paying a great importance in register data, and has launched a numerous number of partnerships, initiatives and projects to link all the concerned institutions in the direction to come up with data that provides a lot of statistical indicators, also reducing the need for field survey.
United Nation Statistical Commission agenda included a number of topics, surrounding the open data. The participant delegators have indicated a number of steps taken by The Kingdom of Saudi Arabia on activating the Open data, to establish a high-level national committee for open data, at a ministerial level, led by The General Authority of Statics. To supervise the work regarding open data in Saudi Arabia, and strengthening coordination and partnership between the parties concerned. In addition to that, the project of Saudi Statistical Portal, which the authority is working on with a number of governmental institution, that offers statistical information’s in an up-to-date and easy-to-use way. Also, applying the best technical tools to access the information quicker and better, and applying the standards of data disaggregation as an open data, by international standards. As well as developing the digital content of the portal (e-content). And Increasing the level of e-reediness, In addition, further development of legislative and regulatory framework. The portal wouldn’t be only for the Authority, it would allow the all the institution, Authority’s and Government Institutions, to display their statistics in the same modern way, and working on strengthening the content with open data. The portal will support the social participation; it will allow visitors to publish their articles. The delegators have declared that this project consist of processing the basic data of GaStat, in addition to the other governmental data and the privet sector, to serve as convertible data which could be interactive graphics. GaStat has represented Saudi Arabia in this field lately as a member of the International Labour Organization of Big data and Official States-UN, whose membership includes 22 countries and 9 international authorities’.
On the other hand, GaStat have presented, through their participation, about their current experience in National Statistical Data(MASDAR) for conducting data and statistical indicators from the concerned authorities, and work with them to provide, publish and exchange data and national statistical indicators through Databases and specify electronic portals. Which support making decision in Saudi Arabia, also it’s a solid Informational bank to support Saudi Arabia 2030 Vision and National Transformation Programme 2020. GaStat have declared through the presentation that the goal of this programme is to build a comprehensive national statistical database which have all the statistical data from all the inner and outer sources to produce tabulations, indicators and analysis where the users and analysts need those data in or out of the Authority for statistical references to support decision, and making all of the development plans.
On the margins of the round the participant Saudi delegates met with a number of statistical commissions relevant to housing, social and economic statistics, as well as the South Korean delegates to discuss the road map of reinstate the agreement between the two countries.
GaStat starts receiving students in “ The smart statistitician” exhibition in cooperation with “Scitech” Khobar
Aiming to raise statistical awareness among students by using a scientific and attractive way
GaStat starts receiving students in “ The smart statistitician” exhibition in cooperation with “Scitech” Khobar
As part of its plan to raise statistical awareness among all society categories including school students, GaStat organizes the exhibition of “ The smart statistitician” in cooperation with Prince Sultan bin Abdulaziz Centre for Science and Technology “ Scitech” in Al Khobar city. The exhibition events are held in the centre during the period 9-20 Jumada the second 1439 H corresponding 25th of February- 8th of March 2018.
The exhibition which targets the students of intermediate schools, aims at showing how important is statistics in the life of students by using a scientific and attractive way. It also aims at identifying the most distinct concepts associated with statistics, in addition to raising the level of statistical awareness among students. Furthermore, this exhibition enhances the students’ recognition of the role of statistical entities and field statisticians, and the role of provided data accuracy on development as students are considered effective tools in conveying what they learn to their households.
The exhibition starts receiving the students by a demo video, so the students can get new scientific information in an attractive and entertaining way. The video will introduce statistics, the difference between statistics and mathematics, the General Authority for Statistics’ role, the role of students and households in GaStat work, and the way statistical research are implemented by simulating this experience and making students act like statisticians in their household visits.
The exhibition, which opens at 9 AM and closes at 1 PM (week days), includes many competitions such as the competition of the regions and numbers which aims at providing information about the population numbers in each region. There is also the competition of statistical symbols which teaches students about the importance of population and housing census and all statistical surveys in general.
General Authority for Statistics issues the sixteenth “Services Guide 2017” and view its results in an interactive map on its website
General Authority for Statistics Releases the Sixteenth “Services Guide 2017” and View Its Results in an Interactive Map on Its Website
More than 5,800 tables covering the information of more than 16,000 populated areas
General Authority for Statistics issues the sixteenth “Services Guide 2017” and view its results in an interactive map on its website
On Monday 10/6/1439H - 26/2/2018, GaStat issued the sixteenth Services Guide of cities and villages’ statistics on its official website. This guide is considered an official unified reference for all services of governmental and private entities in the different Saudi regions with all their cities and villages. The guides of the thirteen regions contain data and information for 16.263 populated areas (city – village), including geographical information and data, educational and health serveries, and data related to the availability of administrative, social, and agricultural services as well as public services. This guide contains (5810) detailed tables.
Moreover, this guide, which was prepared by 27 entities, is one of the most important statistical references for the data of cities and villages. It is issued by GaStat every three years in order to provide a unified and official reliable data and information at a high level of accuracy. These data and information are about all available services of cities and villages. So that it can be a unified reference for all government ministries, institution and organization, researchers, students, and media.
The guide of each administrative region includes geographical data and information on the level of populated areas (city, village) and their services such as the services of public and privet education with their three stages, Quranic schools services, higher education services, technical, industrial, agricultural, and health education services, scientific, vocational, and commercial institutes services, institutes for persons with disabilities services, elderly and kindergarten schools services.
Furthermore, there are other services such as health services which include hospitals, health-care centers, public and privet clinics, Saudi Arabian red crescent services, data of administrative centers (governorate, municipality), traffic, police, and civil defense centers, departments of civil affairs, passport, Awqaf (religious affairs department), labor offices, committee for the propagation of virtue and prohibition of vice, writings of justice, courts, municipalities, social security offices, social development centers, ministry of agriculture and its brunches, agricultural development funds, real estate’s development fund, industrial development fund, lending bank, and the branches of ministries and authorities .In addition to the public services which include electricity, water, telecommunications, post offices, travel and tourism agencies, and banking services.
GaStat declared today that the data reference year is the fiscal year of 1436 H/1437 H (2016). However, the public education services guide results show that the total number of public and private primary schools in all thirteen regions is (14.688) schools, with (1.457.326) male students and (1.469.797) female Students.
As for the intermediate schools, the total number in all thirteen regions is (8.607) schools, with (694.612) male students and (657.043) female students. Whereas the total number of public and private high schools in all thirteen regions is (5.713) schools, with (647.292) male students and (633.821) female students.
The results of the services guide also show that there are (39) public and private universities in all thirteen regions of Saudi Arabia iincluding (688.644) male students, (752.356) female students, (41.954) male faculty members, and (34.037) female faculty members. However, the number of public and private colleges at the regional level has reached (112) colleges, (119,251) male students, (35,233) female students, (6,588) male faculty members, and (2,250) female lecturers.
According to the results of the guide of the health services, the total number of private and public hospitals has reached (469) hospitals, with (69.450) beds. Whereas the total number of government’s health care centers and private clinics has reached (4.808) centers in the Kingdom. Moreover, the total number of doctors in all government and private hospitals, government’s health care centers, and private clinics has reached (53.230) males and (25.917) females. Furthermore, the number of nursing staff has reached (30.849) males, and (131.896) females in the Kingdom. As for the total number of Red Crescent and Ambulance Centers, it has reached (397), with (4.850) paramedics, and (871) ambulance cars.
On the other hand, GaStat through its official website provides data of Services Guide through interactive map to keep up with the latest technology in the statistical field with a set of tools, functions, methods of research and logical analyses on the databases. As well as use Geographic Information Systems techniques in linking the statistical statement with the geographical coordinates of the site on the map to benefit from the spatial dimension as an element of the statistical statement in different searches and analyzes processes. It's worth noting that the Guide of Government Services Statistics for cities and villages of the Kingdom of Saudi Arabia released every three years based on the royal decree no. 3/w/26301 of 30/11/1401H states that the GaStat must arrange to release the Services Guide in cities and villages of the Kingdome of Saudi Arabia which contributes to the processes of planning and establishing future visions for development services to benefit the citizens in all Kingdom’s regions.
The Prince of the Eastern Province, Prince Ahmad Bin Fahad Values the Role of GaStat in Providing Updated Data and Statistics to All Government Entities
The Prince of the Eastern Province, Prince Ahmad Bin Fahad Values the Role of GaStat in Providing Updated Data and Statistics to All Government Entities
His Royal Highness the deputy prince of Eastern Province, prince Ahmad bin Fahad bin Salman bin Abdulaziz welcomed his excellency the President of the General Authority for Statistics, Dr. Fahad bin Salman Altukhifi and his delegation at his office in the principality court today Sunday. His Highness reviewed the latest data of the Eastern Province within the Services Guide 2017, released by the Authority through its website.
Additionally, he stressed that this high-level movement comes from the support and follow- up by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and His Royal Highness Crown Prince Mohammed bin Salman, may Allah protect them. Furthermore, it aims to push forward the Comprehensive Economic Development, as well as it spurs all government bodies including GaStat to work positively with the requirements of the stage. Also, he appreciated the role of GaStat in providing updated data and statistics to all government entities that support decision and policy makers.
His excellency the President of GaStat, Dr. Fahad Altukhifi clarified that the Eastern Region is witnessing a development on various levels led by his Highness the prince of the province and his deputy that lead us to follow these steps in the General Authority for Statistics, reflecting the numbers which are important indicators for the development across all governorates and regions. Moreover, he pointed out that the Services Guide 2017 published by the Authority through its website, includes statistics of services for the kingdom’s cities and villages. As well as it considers a unified official reference to the services of all governmental and non-governmental bodies available at different regions of the kingdom at the level of its cities and villages. Where it contributes to the processes of planning and establishing future visions for development services to benefit the citizens in all kingdom’s regions. The Guide, in which 27 governmental entities contributed to its preparation to be as a source of information for data, aims to provide geographic database for each populated area that has an accredited service, database on educational services, health services, social and development services, beside public services, administrative services, financial and banking services, as well as providing database for the most important service facilities at the level of kingdom’s regions.
50 Students Participate at the General Authority for Statistics “Cooperative Training Program" this semester
50 Students Participate at the General Authority for Statistics “Cooperative Training Program" this semester
The General Authority for Statistics has implemented the “cooperative training program’’ with the participation of 50 students from educational institutions during this semester for many majors including economics, statistics, accounting, media, mathematics, information technology, administration and law. The program provides the trainees with the opportunity to apply for a number of academic courses that students have taken within their educational institutions in the labor market. within a period of time to be counted in the academic graduation program. The training program, which runs from hours to four months, aims to help students gain the practical skills and efficiency in their fields of study in their university, allowing them to develop many of their practical experiences that may differ in nature from those gain over during periods of study. The training period helps colleges and universities to evaluate the academic preparation of their students through the report of their Cooperative Training Program, statements and job evaluation reports given by the direct supervisor to the trainee at the General Authority for Statistics. The "Cooperative Training" program aims to attract outstanding students from the newly graduated for the General Authority for Statistics. The program also aims to strengthen the relations between the General Authority for Statistics and the educational institutions in the public and private sectors.
The General Authority for Statistics aims to do a couple of programs and projects to activate the academic sector considering it one of the four basic components of the statistical sector besides the Authority and the statistical units in government agencies and the private sector. These programs goal is to participate with fields that are related to the statistical work and the future plan for statistics in the kingdom and its transformation program.
And also to cooperate with universities to evaluate or develop the products of the statistical work. The Authority has given a couple of programs to the Saudi universities during the last period.
“Saudi Statistics” is a member in the Global Work Group on big data for official statistics
After joining the program of international comparisons and experts of tourism satellite accounts, and to confirm its role in the international statistics map
“Saudi Statistics” is a member in the Global Work Group on big data for official statistics
After being a board member in the international comparison program and the international experts team for developing tourism satellite accounts 2017, Saudi Arabia, represented in the General Authority for Statistics (GaStat), has become a member in the Global Work Group (GWG) on big data for official statistics which pertains to the United Nations. This group includes 22 countries and 9 international authorities. Saudi Arabia has decided to be a member in this group to reflect the positive role of GaStat in the UN different statistical programs. It also wants to show its progress in the field of big data. GaStat is represented in this group by three statistical and technical leaders who are considered experts in big data; dr. Mohammed Alahmed, vice president of statistical innovation and customer service, Mr. Khalid Aldalqan, deputy of information technology, and Dr. Aseel Almansour, director-general of statistical innovation department.
Dr. Fahad bin Sulaiman Altekhaifi, GaStat president, asserted that Saudi Arabia has decided to be a member in the global work group on big data for official statistics to confirm the effective role of Saudi Arabia in the international statistics map. This membership will reflect the results of the Saudi statistical sector’s strategic transformation which Saudi Arabia is really concerned about and support for its role in enhancing the national development decisions. He added, joining this group will enhance the role of Saudi Arabia in the field of big data internationally. The participation of GaStat in this group is represented through capacity building and raising awareness about the importance of big data, in addition to joining the global platform for data, services, and applications.
Altekhaifi indicated that the participation of those three national leaders among an elite of worldwide data and statistics experts under the umbrella of the United Nations Statistical Commission is considered an opportunity to benefit from the group works’ outputs. It will contribute in developing the use of big data in Saudi Arabia as these data are one of the very important recent sources of information, in addition to the field surveys and register data. Moreover, it will have an essential role in addressing issues pertaining to methodology, quality, technology, data access, legislation, privacy, and management. It will also pave the way for collaborations with the most distinct statistical organizations such as the international institutions, data producers, and big data experts. This might increase the quality of statistical products provided by GaStat to support decision and policy makers. Furthermore, the group works and results will collaborate in raising the level of information exchange about the big data projects in the statistical community.
It is worth mentioning that the creation of the Global Working Group (GWG) on Big Data for Official Statistics was agreed at the 45th session of the UN statistical commission which was held last November. The group work aims at investigating the benefits and challenges of Big Data, including the potential for monitoring and reporting on the sustainable development goals. In addition to Saudi Arabia, the Global Work Group includes 21 representatives and some international organizations: Eurostat, GCC-Stat, ITU, OECD, UNECE, UNESCAP, UNSD, UN Global Pulse, World Bank
GaStat Releases Real-Estate Prices Index for the 4th Quarter 2017
The Indicator Covers Three Main Sectors (Housing, Commercial, Agricultural)
GaStat Releases Real-Estate Prices Index for the 4th Quarter 2017
The General Authority for Statistics (GaStat) released on Sunday, 11 Jumada Al-Awal 1439H corresponding to January 28, 2018, its quarterly indicator for the General Index of the Real Estate Prices Q4 2017 in Saudi Arabia and published it on its official website www.stats.gov.sa.com .
Furthermore, the indicator 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 indicator covers three main sectors consisting of several types of real estate: housing sector which includes the followings (plot of land, building, villa, apartment and house), commercial sector includes (plot of land, building, exhibition, commercial center or shop), agricultural sector with one category which is the agricultural land.
On the other hand, the indicator recorded a decline amounted to (3.2%) compared to the same quarter last year (Q4 2016). The indicator attributed this decline to the decrease of the main sectors composing it: the housing sector (2.2%), the commercial sector (5.7%) and the agricultural sector (0.6%).
Moreover, the indicator edged down (0.3%) compared to the previous quarter (Q3 2017) reaching (84.6%) in the fourth quarter of 2017 compared to (84.9%) for the previous quarter. This decline is attributable to the main sectors composing it where they witnessed varying degrees of decline: (0.2%) for the housing sector, (0.7%) for the commercial sector and (0.1%) for the agricultural sector.
It is worth mentioning that the release of the Index of Real Estate Prices for Q4 2017 came along with the introductory meeting of Jeddah Chamber of Commerce and Industry, this meeting was within the Authority's plan to raise the statistical awareness of all its customers in which a number of meetings were held previously to discuss Real Estate Price Index in Riyadh and Dammam last year.