Business
Gross industrial sector output hit QR530bn in 2011
Gross industrial sector output hit QR530bn in 2011
By Santhosh V Perumal/Business Reporter
Gross output in Qatar’s industrial sector (in nominal terms) grew 52.1% to QR529.8bn in 2011 mainly on robust growth in mining and manufacturing segments, according to the country’s statistics authority. |
The gross value added of the industrial sector amounted to QR400.2bn in nominal values, recording an increase of 46.6% compared with the preceding year.
The share of the industrial sector in gross domestic product (GDP) was 63.4% in 2011, the Qatar Statistics Authority (QSA) said, releasing the ‘Annual Bulletin of Energy and Industry’ for 2011.
The 46.6% rise in gross value addition was attributed both to the expansion in the up-stream operations of gas extraction within the plans of energy projects (commissioning of two new production lines of liquefied natural gas) and due to increase in oil and gas prices in international markets, the QSA said.
Acceleration in downstream gas related industries also contributed positively into the performance in 2011, it added.
The mining and quarrying sector (mainly crude oil and natural gas) reported QR412.19bn and QR351.66bn of gross output and gross value added in 2011, registering an increase of 52.6% and 48.5% respectively over the year-ago period.
Manufacturing sector registered QR105.03bn and QR45.61bn of gross output and value addition in 2011, showing an expansion of 51.3% and 31.4% respectively compared to the previous year.
The utilities (electricity and water) witnessed QR12.54bn and QR2.93bn of gross output and valued added in 2011, recording an increase of 42.7% and more than 100% against a year ago levels.
Mining and quarrying sector accounted for 87.9% of the gross value added in 2011 compared to 86.80% in 2010, followed by manufacturing 11.4% (12.70%) and utilities 0.7% (0.5%).
The value of goods and services consumed in the production process rose 71.7% to QR129.6bn in 2011.
The mining and quarrying segments saw an 81.4% jump in value of goods and services consumer in the production process to QR60.53bn; manufacturing by 71% to QR59.42bn and utilities by 30.7% to QR9.61bn.
Although the number of establish-ments fell 4.65% to 2,134 and the number of employees by 0.89% to 123,355; the employees’ compensation rose 3.87% to QR15.65bn in 2011. The average annual wage per worker was up 10.93% to QR477,000.