The Central Bureau of Statistics issued a report on early warning indicators for the last ...

2019-07-10 877
The Central Bureau of Statistics issued a report on early warning indicators for the last quarter of 2018

The National Accounts Directorate has completed a report on economic early warning indicators for the fourth quarter of 2018, which aims at early detection of economic crises and alerting those responsible for economic policy to the risks of economic crises and their impact on the Iraqi economy.

The report included a set of economic, financial and monetary indicators related to economic activities, the most important of which are oil, electricity, stock market and financial and monetary indicators, through which a picture of the performance of the Iraqi economy can be given.

The results of the report showed a number of indicators at constant prices and current prices. The GDP at current prices reached JD 64.0 trillion in the fourth quarter of 2018, up 0.6% from the fourth quarter of 2017 and 10.0% from the third quarter of 2018.

While the GDP excluding oil at current prices (35.1) trillion dinars in the fourth quarter of 2018 decreased by (7.6%) for the fourth quarter of 2017 and (8.4%) for the third quarter of 2018.

The gross domestic product (GDP) at constant prices stood at 51.2 trillion dinars in the fourth quarter of 2018, down 3.8 percent from the fourth quarter of 2017 and 2.8 percent from the third quarter of 2018.

The gross domestic product (GDP) at constant prices excluding oil (18.6) trillion dinars in the fourth quarter of 2018 decreased by (11.3%) from the fourth quarter of 2017 and (7.4%) from the third quarter of 2018.

In terms of the distribution of GDP at constant prices by 2007 basis, according to the totals of economic activities (commodity, distributive, service). The output of commodity activities reached 35.5 trillion dinars in the fourth quarter of 2018, decreasing by (6.4%) from the fourth quarter of 2017 And (14.7%) for the third quarter of 2018, either for distributive activities amounted to (8.7) trillion dinars in the fourth quarter of 2018, an increase of (1.0%) for the fourth quarter of 2017 and 102.2% for the third quarter of 2018, (7.1) trillion dinars in the fourth quarter of 2018, an increase of (1.1%) for the fourth quarter of 2017 and (3.9%) for the service activities, For the third quarter of 2018.

 

The average per capita GDP at current prices was JD 1.7 million in the fourth quarter of 2018, an increase of 0.6% over the fourth quarter of 2017 and a decrease of 8.4% compared to the third quarter of 2018.

The average per capita GDP excluding oil at current prices was JD 0.9 million in the fourth quarter of 2018, down 7.6 percent from the fourth quarter of 2017 and 6.8 percent from the third quarter of 2018.

The average per capita GDP in constant prices was 1.4 million dinars in the fourth quarter of 2018, down 3.8 percent from the fourth quarter of 2017 and 1.1 percent from the third quarter of 2018.

The average per capita GDP excluding oil at constant prices was JD 0.5 million in the fourth quarter of 2018, down by 11.3 percent from the fourth quarter of 2017 and 5.7 percent from the third quarter of 2018.

Inflation, which defines inflation as the continuous rise in prices, is an indicator of the decline in purchasing power of the monetary unit. The rate of inflation in the fourth quarter of 2018 increased by (0.6%) compared to the fourth quarter of 2017, while decreased by (0.2%) compared to the quarter Third of 2018.