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FEDERAL REPUBLIC OF NIGERIA
(THE PRESIDENCY)
2011 AND ESTIMATES FOR Q1- Q2, 2012
GROSS DOMESTIC PRODUCT FOR
NIGERIA
National Bureau of Statistics Plot 762, Independence Avenue,
Central Business District, Abuja
www.nigerianstat.gov.ng
2
PREFACE
This publication provides data on Quarterly Gross Domestic Product (GDP) estimates for the four
quarters of 2011, the annual figure for 2011, and estimate for the first and second quarters of 2012.
Quarterly National Accounts (QNA) are integrated system of macroeconomic accounts designed to
describe the entire system of production in a nation on a quarterly basis. They provide a picture of the
current economic status of the economy that is more timely and frequent than the one provided by An-
nual National Accounts (ANA). The key attribute of QNA is that they provide a reasonable level of
details of the economy that help government to assess, analyze, and monitor economic growth on a
regular basis.
QNA adopts the same concepts, definitions and structure as ANA. In principle QNA covers the entire
sequence of accounts and balance sheets as reflected in the 1993 System of National Accounts
(SNA).
Data for this analysis were obtained from the Quarterly Establishment Survey (QES) conducted by the
National Bureau of Statistics (NBS) in collaboration with the Central Bank of Nigeria (CBN). This
series covers major aggregates of quarterly GDP by kind of economic activities at current and con-
stant (1990) prices
We are grateful to the CBN for her financial support and the various agencies and establishments that
made their data available as input to the estimates.
Dr. Yemi Kale, Statistician – General,
National Bureau of Statistics,
Abuja – Nigeria.
September, 2012.
3
2011 & Q1 – Q2 2012 GROSS DOMESTIC PRODUCT
FOR NIGERIA
Introduction
The National Bureau of Statistics (NBS), in collaboration with the Central Bank of Nigeria (CBN) has,
since 2005, been conducting Establishment Surveys to provide data for the estimation of the Gross Do-
mestic Product (GDP) for the country. In 2008, the two agencies began to improve the GDP series by
jointly conducting Quarterly Establishment Surveys (QES) for the four quarters of each year to comple-
ment the annual surveys which normally take place in the first and second quarters of the succeeding
year.
In 2011, the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN) conducted the
Quarterly Establishment Surveys for the first three quarters of 2011 (Q1 – Q3, 2011) while the fourth
quarter survey for 2011 was conducted in first quarter of 2012. These four surveys produced the data
that was used for the compilation of the quarterly GDP for the four quarters of 2011 (Q1 – Q4, 2011).
The first quarter GDP estimates for 2012 emanated from the quarterly Economic Survey for quarter
one 2012 which was conducted in the second quarter of 2012. Similarly, the second quarter GDP esti-
mates was compiled from the survey conducted in the third quarter of 2012.
The estimate of the four quarters of 2011 would be revised when the annual socio-economic survey for
2011 is conducted.
In subsequent sections of this report, emphasis will be given to the composition of GDP in the second
quarter of 2012 and the corresponding quarter in 2011.
4
Overall GDP Estimates (2011 and Q1 - Q2 2012)
On an aggregate basis, the economy when measured
by the Real Gross Domestic Product (GDP), grew by
6.28 percent in the second quarter of 2012 as
against 7.61 percent in the corresponding quarter of
2011 as shown in Figure 1. The nominal GDP for
the second quarter of 2012 was estimated at
9,840,226.91 million naira as against 9,170,095.36
million naira recorded during the corresponding
quarter of 2011. The economy, broken into two
broad output groups comprising Oil and Non-oil
sectors, witnessed lower output in the second quarter
of 2012. The non-oil sector was driven by growth in
activities recorded in the building & construction
sector, while oil sector output decreased.
Fig.1: Real GDP Growth Rate
(Q1 - Q4, 2011 and Q1 – Q2, 2012)
Oil Sector
The average daily crude oil production was 2.38 mil-
lion barrels per day in the second quarter of 2012
based on data provided by NNPC to NBS , against
2.45 million barrels per day recorded in the corre-
sponding quarter of 2011.
These figures, with their associated gas components,
resulted in a growth rate, in real terms, of -0.73 per-
cent in oil GDP in the second quarter of 2012 com-
pared with the 0.98 percent recorded for the corre-
sponding period in 2011.
GDP grows at 6.28 % in
the 2nd Quarter 2012
The sector benefited immensely from the favour-
able international crude oil market price and the
exchange rate of the Naira against the dollar. The
Nigerian oil sector also witnessed some levels of
disruptions due to activities of vandals, oil theft and
facility shut downs.
Fig. 2. Oil Sector Indicators
(Q1 - Q4, 2011 – Q1- Q2, 2012) -
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
4.64 6.13 5.01 7.30 7.36 7.86 6.64 7.30 6.17
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2
2008 2009 2010 2011 2012
5.65
7.45 7.69 7.61
6.28
Gro
wth
(%)
5
The Oil sector contributed about 13.86 percent to real GDP in the second quarter of 2012, compared to
14.84 percent recorded in the corresponding quarter of 2011.
Non-oil sector
The Non-oil sector continued to be a major driver of the economy in the second quarter of 2012. The
sector recorded 7.50 percent growth in real terms in the second quarter of 2012 compared with 8.85
percent in the corresponding period of 2011. Non-oil sector growth slowed in the second quarter of
2012 when compared with the corresponding quarter of 2011 as indicated in Figure 4. The fall was
largely attributed to a decline in activities in the Wholesale & Retail trade, Telecommunications and
agricultural sectors in particular.
In what follows, the performance of the major industries in the non-oil sector in the second quarter of
2012 is further analysed to give a better understanding of their contribution to the Nigerian economy.
Fig. 3: Oil GDP Growth Rate at 1990 Constant Price (Q1-Q4, 2011 and Q1 – Q2, 2012)
Fig.4: Non-Oil GDP Growth Rate at 1990
Constant Price
(Q1-Q4, 2011 and Q1 – Q2, 2012)
Fig. 5: GDP at 1990 Constant Price – Growth
Rate % (Oil & Non-Oil),
(Q1-Q4, 2011 and Q1 – Q2, 2012
-6.55
-5.01 -6.08
-6.90 -6.42
3.86
2.53 2.34
4.08 3.96
5.08
6.56
-2.29
0.98
-0.73
-10.00
-8.00
-6.00
-4.00
-2.00
-
2.00
4.00
6.00
8.00
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
2008 2009 2010 2011 2012
Gro
wth
Rat
e (
%)
2011 Q1
2011 Q2
2011 Q3
2011 Q4
2012 Q1
2012 Q2
Crude Petroleum & Natural Gas
0.05 0.98 -0.38 -0.4 -2.32 -0.73
Non - Oil Growth 8.73 8.85 8.7 9.07 7.93 7.5
-4-202468
10
Gro
wth
ra
te
(%
)
6
Agriculture
During the second quarter (April—June) of 2012, like
other years, the major agricultural activities were plant-
ing activities in the Northern part of the country and
harvesting of matured crops in the southern part of the
country. Crop production, which dominates agricultural
activities in the country, is largely driven by rainfall
levels, as well as the ability to open up new areas for
cultivation. Irrigation and other factors such as exten-
sion services and quality of seeds also contributed to
production levels. Crop production is also being in-
creasingly affected by adoption of mechanization but
this is still not a major determinant of output levels,
although it is improving.
The rainfall situation is depicted in figure 6 which
shows the pattern of rainfall in Kaduna State (typical of
northern locations) and Ondo State (typical of Southern
locations).
The rainfall pattern this year as predicted by the Nige-
rian Meteorological Agency shows a decrease in the
volume of rainfall expected when compared with 2011.
Agriculture remains
the largest contribu-
tor to growth in the
Nigerian economy
0.0
50.0
100.0
150.0
200.0
250.0
300.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Rai
nfa
ll V
olu
me
(m
m)
Ondo State Kaduna State
Fig. 6: Rainfall pattern in Kaduna and Ondo States of
Nigeria
In terms of output, real agricultural GDP growth in
the second quarter of 2012 stood at 3.97 percent as
against 5.95 percent in the corresponding period of
2011. The year on year decline in agriculture output
may be largely attributed to persisting constraints in
some of the major agricultural producing states espe-
cially in the northern part of the country which has
hindered movement of farm inputs and produce, as
well as opportunities to expand farming areas. On an-
other level, high rainfall intensity during the quarter
resulted in flooding in some parts of the country fur-
ther affecting output levels.
Fig. 7: Percentage Share in GDP at 1990 Con-
stant Basic Prices (Q2 2012)
7
Finance & Insurance
The Finance and Insurance sub-sector comprises
banking, insurance, pension and stock-broking
firms. These firms operate in the various segments
of the financial markets such as money market, capi-
tal market and the foreign exchange market. They
play prominent role in ensuring an efficient financial
intermediation in the economy.
As shown in Figure 8, this sector recorded a growth
of 4.77 percent in the second quarter of 2012 com-
pared with 4.61 percent recorded in the same period
of 2011.
The increase in growth of the sector was traceable to
the increased activities in the bond market which has
favoured key players in the industry especially pen-
sion fund managers, banks and insurances firms, thus
increasing the vibrancy in business activities in the
sector.
Wholesale and Retail Trade
This sector, given its level of contribution to total
GDP at 17.12 percent in the second quarter of 2012,
was a major driver of the growth recorded in non-oil
GDP. The wholesale & retail trade sector grew by
8.61 percent in the second quarter of 2012, repre-
senting a decline of 2.86 percent over the 11.47 per-
cent recorded in the corresponding quarter of 2011.
(See Figure 9) The decline in growth recorded in
the second quarter of 2012 was attributed to a de-
crease in consumer demand, as a result of continued
re-allocation of consumption budgets in the face of
generally higher prices of consumer goods while
disposable income remained relatively unchanged.
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
4.85 4.38 4.21 4.04 4.07 3.96 4.11 3.95 3.53
Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2
Max
imum
Len
ding
& A
vera
ge T
erm
Dep
osit
Rat
es
Fina
nce
& In
sura
nce
Gro
wth
Rat
e (%
)
Average Term Deposit Rate
Fig 8: Finance & Insurance Growth Rate (Q1- Q4,
2011 and Q1 – Q2, 2012)
-
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
20
08
20
09
20
10
20
11
20
12
17.17
12.15 11.89 11.80
8.61
Gro
wth
Rat
e (
%)
Fig 9: Wholesale and Retail Trade Growth Rate (Q1-
Q4, 2008 and Q1 – Q2, 2012)
8
Telecommunications
This sector continued to perform impressively and
has remained one of the major drivers of growth in
the Nigerian economy with its contribution to total
GDP increasing continuously.
With a highly competitive market backed by in-
tensive marketing strategies and value added ser-
vices by operators, the sector has continued to
add more services to its activities.
Demand for telecommunications services, while
still surging, grew at a slower rate compared to the
corresponding level in 2011. Accordingly, the
telecommunication sector recorded a real GDP
growth of 29.77 percent in the second quarter of
2012 compared to 33.70 percent recorded in the
corresponding period of 2011. Figure 10 shows
the performance of the sector in the second quarter
of 2012.
Real Estate
The sector is characterised by two major classes
of properties: the low end and the high end. While
the low end includes places of low development
which are driven by investments from individuals
and few corporate bodies mostly in form of resi-
dential buildings, the high end comprises of those
areas where aggressive and high valued invest-
ments into real estate properties are made. The
situation at the high end areas is nearing a zero-
demand situation given the credit liquidity con-
straint witnessed in the Nigerian economy in dur-
ing the period. However, investments from indi-
viduals and some corporate entities still trickle
into the low end of the sector.
The growth recorded in the sector stood at 10.87
percent in the second quarter of 2012 compared
with 10.48 percent in corresponding period of
2011.
Real Estate activities
continues to boom
driven by investments
at the low end
Manufacturing
During the second quarter of 2012, manufacturing
activities increased relative to the same period in
2011. It recorded an increase in growth rate from
7.34 percent in the second quarter of 2011 to 7.45
percent in the review period in 2012 as shown in
Figure 11. The development is traceable to the
noticeably improving power supply for manufac-
turing activities in parts of the country.
-
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
31.60 31.74 32.54 32.7736.31
29.77
Gro
wth
Ra
te (%
)
Fig 10: Telecommunication & Post Growth Rate
% (Q1- Q4, 2011 and Q1 – Q2, 2012)
-
1.00
2.00
3.00
4.00
5.00
6.00
7.00
8.00
9.00
10.00
Q1 Q3 Q1 Q3 Q1 Q3 Q1 Q3 Q1
9.36
7.73 7.69 7.5 7.45
Gro
wth
Rat
e (
%)
Fig 11: Manufacturing Growth Rate % (Q1-
Q4, 2011 and Q1 -Q2 2012)
9
Business and Other services
The Business and Other Services sector recorded a real
GDP growth of 11.27 percent in the second quarter of
2012 compared to 11.03 percent recorded in the corre-
sponding quarter of 2011. The improvement in growth
recorded in the second quarter of 2012 relative to its
performance in the second quarter of 2011 was trace-
able to the impact of increased micro-credit to small
business enterprises by Microfinance Banks (MFBs).
Figure 12 shows the percentage contribution of
key sectors to the Nigerian economy in the four
quarters of 2008 2009, 2010,2011 and the first and
second quarters of 2012 while Figures 13 and 14
show the growth rate of key sectors for the four
quarters of 2008 to the first two quarters of 2012
and the second quarter of 2012 respectively.
GDP Estimates for 2011, Q1 – Q2, 2012
In what follows, the results of the various
computations that gave rise to the analyses of
the National Accounts estimates for 2011,
and the first two quarters of 2012 are as indi-
cated in Tables 1- 6.
Fig 13: Growth Rate of Key Sectors %
(Q1 – Q4, 2011 & Q1 – Q2, 2012)
Fig 14: Q2, 2012 Drivers of the Economy Fig 12: Contribution of key sectors to GDP in
percentage (Q1- Q4, 2011 and Q1 – Q2, 2012)
4.0
11.8
-0.7
7.5
29.8
4.88.6
12.5 12.3 10.9 11.3
-5.00
-
5.00
10.00
15.00
20.00
25.00
30.00
35.00
10
Table 1: Gross Domestic Product At Current Basic Prices (=N=Million): 2011 And Q1 – Q2, 2012.
ACTIVITY SECTOR
2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Crop Pro-duction
1,873,558.64 2,447,492.23 3,264,165.77 2,735,099.58 10,320,316.22 2,067,136.85 2,695,912.69
Livestock 183,133.99 174,287.08 188,485.89 210,160.54 756,067.50 205,706.18 196,351.83 Forestry 29,579.84 36,993.00 34,715.99 38,886.80 140,175.63 35,299.20 39,316.16 Fishing 99,969.02 94,606.83 82,883.38 96,101.60 373,560.83 109,629.76 107,605.81 Coal Mining 0.28 0.23 0.11 0.22 0.84 0.31 0.29 Crude Petro-leum & Natu-ral Gas
3,735,757.93 3,664,589.07 3,900,446.08 4,215,138.16 15,515,931.24 4,002,861.55 3,602,964.17
Metal Ores 14.99 13.57 10.33 6.17 45.05 17.35 17.31 Quarrying & Other Mining
14,130.55 10,126.45 13,223.36 14,903.88 52,384.23 14,416.09 12,059.58
Oil Refining 18,111.33 15,673.66 15,312.04 21,557.26 70,654.30 22,103.25 16,767.68 Cement 5,787.89 6,502.31 6,039.44 7,457.65 25,787.30 6,908.06 7,629.16 Other Manu-facturing
27,852.24 132,750.45 167,948.04 269,729.88 598,280.61 28,679.91 150,552.29
Electricity 19,394.84 18,114.92 18,635.05 21,283.19 77,428.00 20,077.73 21,614.72 Water 806.63 919.93 883.14 675.25 3,284.94 889.81 1,132.07 Building & Construction
114,539.37 121,583.07 104,046.50 115,870.07 456,039.02 124,921.06 149,449.91
Wholesale and Retail Trade
1,310,651.16 1,494,012.78 1,296,408.07 1,286,936.54 5,388,008.55 1,545,798.06 1,691,670.67
Hotel and Restaurants
33,463.92 28,648.90 34,621.38 34,064.02 130,798.22 36,639.94 34,731.06
Road Trans-port
105,732.99 147,026.57 131,174.38 144,559.08 528,493.03 114,373.29 178,431.45
Rail Trans-port & Pipe-lines
1.55 3.48 2.44 4.18 11.65 1.59 4.18
Water Trans-port
275.21 415.64 476.81 340.68 1,508.34 285.50 501.30
Air Transport 1,444.74 1,590.45 1,833.55 1,704.91 6,573.66 1,577.25 1,928.43 Transport Services
4,661.40 6,664.09 8,389.08 8,734.77 28,449.34 4,945.72 8,150.84
Telecommu-nications
66,787.83 87,021.86 67,112.28 70,790.12 291,712.09 75,027.40 98,917.74
Post 449.19 471.71 457.59 564.95 1,943.44 499.12 542.61 Financial Institutions
146,678.28 138,735.34 131,421.84 140,081.99 556,917.45 158,928.23 158,768.72
Insurance 4,033.13 4,731.39 4,095.14 4,502.39 17,362.05 4,667.44 5,648.34 Real Estate 303,063.53 355,590.26 362,553.30 402,847.84 1,424,054.94 324,715.26 445,092.33 Business Services (Not Health or education)
21,919.24 22,149.02 23,505.21 23,671.85 91,245.32 23,183.50 26,629.77
Public Ad-ministration
63,343.92 60,441.38 59,703.07 69,865.13 253,353.50 65,409.70 71,689.52
Education 16,414.00 16,639.93 16,336.91 16,080.50 65,471.33 17,621.21 20,342.31 Health 3,654.45 3,752.57 3,329.22 3,498.99 14,235.23 3,777.16 4,383.75 Private Non Profit Or-ganisations
68.51 69.58 65.34 73.11 276.54 74.66 86.90
Other Ser-vices
105,071.16 77,731.77 74,800.49 92,494.33 350,097.75 125,768.37 90,479.78
Broadcast-ing
875.85 745.84 676.34 888.56 3,186.60 918.00 853.54
GDP Current Basic Price
8,311,227.61 9,170,095.36 10,013,757.56 10,048,574.17 37,543,654.70 9,142,858.51 9,840,226.91
Net Indirect Taxes
154,442.69 156,619.47 174,641.93 149,553.03 646,030.51 160,585.96 167,087.22
GDP Current Market Price
8,465,670.30 9,326,714.83 10,188,399.49 10,198,127.20 38,189,685.21 9,303,444.47 10,007,314.13
7.31
11
Table 2: Gross Domestic Product At 1990 Constant Basic Prices (=N=Million):
2011 And Q1 – Q2, 2012
ACTIVITY SECTOR 2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Crop Production 51,556.61 68,778.17 90,653.88 87,620.74 298,609.40 53,624.03 71,302.33
Livestock 5,027.26 5,618.12 5,193.08 5,679.35 21,517.81 5,248.46 5,982.74
Forestry 1,051.91 1,064.48 1,059.76 1,075.93 4,252.09 1,112.50 1,125.26
Fishing 2,637.12 2,749.07 2,739.16 2,887.28 11,012.63 2,790.07 2,906.04
Coal Mining 0.05 0.05 0.05 0.05 0.21 0.06 0.06
Crude Petroleum & Natural Gas
29,463.07 27,902.51 32,586.28 33,344.75 123,296.61 28,778.93 27,699.15
Metal Ores 2.32 4.96 3.55 3.92 14.75 2.56 5.48
Quarrying & Other Mining
519.15 673.59 918.39 840.43 2,951.56 579.89 752.81
Oil Refining 283.06 285.61 273.02 273.68 1,115.37 300.47 305.63
Cement 201.02 202.36 180.94 168.46 752.78 221.99 226.00
Other Manufacturing 1,448.33 6,870.71 7,564.00 16,960.12 32,843.16 1,509.45 7,375.02
Electricity 4,216.98 5,416.84 7,525.13 6,907.71 24,066.66 4,326.20 5,560.93
Water 298.94 318.02 326.81 325.56 1,269.33 325.16 351.39
Building & Construc-tion
4,844.89 3,928.41 3,684.47 4,891.14 17,348.90 5,486.84 4,418.28
Wholesale and Retail Trade
39,314.78 31,501.51 41,748.87 48,945.96 161,511.11 42,597.56 34,213.79
Hotel and Restau-rants
1,129.64 993.97 1,137.05 1,098.03 4,358.70 1,258.99 1,116.23
Road Transport 4,675.90 4,742.69 5,165.08 5,427.03 20,010.70 4,960.66 5,038.63
Rail Transport & Pipelines
0.32 0.73 0.52 0.80 2.37 0.34 0.77
Water Transport 108.32 110.58 115.37 116.13 450.40 114.49 116.72
Air Transport 122.62 108.75 121.28 139.76 492.41 131.09 115.58
Transport Services 295.49 272.58 289.21 340.87 1,198.15 313.93 287.11
Telecommunications 9,875.97 11,071.17 12,295.94 13,788.53 47,031.62 13,149.86 14,394.74
Post 125.83 136.01 162.02 166.96 590.82 135.70 148.38
Financial Institutions 6,838.28 7,277.98 6,494.76 6,878.61 27,489.62 7,060.52 7,609.85
Insurance 321.91 321.33 313.80 323.24 1,280.29 352.49 352.02
Real Estate 3,382.13 3,653.14 3,815.80 4,031.75 14,882.82 3,699.71 4,050.24
Business Services (Not Health or educa-tion)
230.79 248.70 241.62 233.65 954.76 242.63 263.67
Public Administra-tion
1,289.85 1,311.03 1,345.92 1,350.62 5,297.42 1,334.35 1,364.65
Education 428.34 437.37 442.72 424.82 1,733.25 466.93 482.59
Health 100.33 98.52 101.81 98.28 398.94 108.53 108.06
Private Non Profit Organisations
8.54 8.44 8.64 8.67 34.29 9.42 9.33
Other Services 1,571.96 1,756.15 1,628.12 1,757.07 6,713.30 1,698.51 1,967.07
Broadcasting 164.31 167.33 176.46 171.49 679.59 177.15 181.00
GDP at 1990 con-stant price
171,536.01 188,030.90 228,313.51 246,281.41 834,161.83 182,119.44 199,831.56
Net Indirect Taxes 4,698.74 4,574.85 4,987.83 4,044.97 18,306.39 4,300.75 4,558.48
GDP Constant Mar-ket Price
176,234.75 192,605.76 233,301.34 250,326.39 852,468.23 186,420.19 204,390.04
6.17 6.28
12
Table 3: Implicit Price Deflators: 2011 And Q1 – Q2, 2012
ACTIVITY SECTOR 2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Crop Production 3,633.98 3,558.53 3,600.69 3,121.52 3,456.13 3,854.87 3,780.96
Livestock 3,642.82 3,102.23 3,629.56 3,700.43 3,513.68 3,919.36 3,281.97
Forestry 2,812.02 3,475.21 3,275.82 3,614.24 3,296.63 3,172.97 3,493.95
Fishing 3,790.84 3,441.41 3,025.87 3,328.44 3,392.11 3,929.28 3,702.83
Coal Mining 543.64 449.36 205.99 439.39 409.94 554.03 517.26
Crude Petroleum & Natural Gas
12,679.46 13,133.55 11,969.59 12,641.09 12,584.23 13,909.00 13,007.49
Metal Ores 646.73 273.79 290.72 157.29 305.47 676.87 315.72
Quarrying & Other Mining
2,721.88 1,503.35 1,439.84 1,773.36 1,774.80 2,486.02 1,601.95
Oil Refining 6,398.42 5,487.73 5,608.41 7,876.88 6,334.61 7,356.28 5,486.19
Cement 2,879.26 3,213.20 3,337.86 4,426.86 3,425.59 3,111.93 3,375.75
Other Manufacturing 1,923.06 1,932.12 2,220.36 1,590.38 1,821.63 1,900.03 2,041.38
Electricity 459.92 334.42 247.64 308.11 321.72 464.10 388.69
Water 269.83 289.26 270.23 207.41 258.79 273.65 322.17
Building & Construction
2,364.13 3,094.97 2,823.92 2,368.98 2,628.63 2,276.74 3,382.54
Wholesale and Retail Trade
3,333.74 4,742.67 3,105.25 2,629.30 3,336.00 3,628.84 4,944.41
Hotel and Restaurants 2,962.35 2,882.28 3,044.83 3,102.27 3,000.86 2,910.27 3,111.47
Road Transport 2,261.23 3,100.07 2,539.64 2,663.68 2,641.05 2,305.61 3,541.27
Rail Transport & Pipelines
484.52 477.38 468.42 522.88 491.73 472.07 542.07
Water Transport 254.08 375.86 413.30 293.35 334.89 249.37 429.49
Air Transport 1,178.24 1,462.49 1,511.85 1,219.85 1,334.99 1,203.16 1,668.49
Transport Services 1,577.51 2,444.79 2,900.68 2,562.52 2,374.44 1,575.42 2,838.91
Telecommunications 676.27 786.02 545.81 513.40 620.25 570.56 687.18
Post 356.98 346.81 282.42 338.38 328.94 367.82 365.69
Financial Institutions 2,144.96 1,906.24 2,023.51 2,036.49 2,025.92 2,250.94 2,086.36
Insurance 1,252.88 1,472.43 1,305.01 1,392.87 1,356.11 1,324.13 1,604.56
Real Estate 8,960.72 9,733.82 9,501.37 9,991.89 9,568.45 8,776.77 10,989.29
Business Services (Not Health or education)
9,497.33 8,905.85 9,728.35 10,131.18 9,556.84 9,554.95 10,099.51
Public Administration 4,910.94 4,610.23 4,435.87 5,172.81 4,782.58 4,901.97 5,253.33
Education 3,832.04 3,804.54 3,690.13 3,785.24 3,777.38 3,773.85 4,215.20
Health 3,642.49 3,808.85 3,270.11 3,560.06 3,568.24 3,480.45 4,056.80
Private Non Profit Organisations
802.47 824.86 756.03 843.15 806.56 792.85 930.93
Other Services 6,684.07 4,426.25 4,594.29 5,264.13 5,214.98 7,404.65 4,599.73
Broadcasting 533.03 445.73 383.28 518.15 468.90 518.21 471.57
Implicit Price Deflator 4,845.18 4,876.91 4,385.97 4,080.12 4,500.76 5,020.25 4,924.26
13
Table 4: Gross Domestic Product At Current Basic Prices Percentage Distribution:
2011 And Q1—Q2, 2012
ACTIVITY SECTOR 2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Crop Production 22.54 26.69 32.60 27.22 27.49 22.61 27.40
Livestock 2.20 1.90 1.88 2.09 2.01 2.25 2.00
Forestry 0.36 0.40 0.35 0.39 0.37 0.39 0.40
Fishing 1.20 1.03 0.83 0.96 1.00 1.20 1.09
Coal Mining 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Crude Petroleum & Natural Gas
44.95 39.96 38.95 41.95 41.33 43.78 36.61
Metal Ores 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Quarrying & Other Mining
0.17 0.11 0.13 0.15 0.14 0.16 0.12
Oil Refining 0.22 0.17 0.15 0.21 0.19 0.24 0.17
Cement 0.07 0.07 0.06 0.07 0.07 0.08 0.08
Other Manufacturing 0.34 1.45 1.68 2.68 1.59 0.31 1.53
Electricity 0.23 0.20 0.19 0.21 0.21 0.22 0.22
Water 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Building & Construc-tion
1.38 1.33 1.04 1.15 1.21 1.37 1.52
Wholesale and Retail Trade
15.77 16.29 12.95 12.81 14.35 16.91 17.19
Hotel and Restau-rants
0.40 0.31 0.35 0.34 0.35 0.40 0.35
Road Transport 1.27 1.60 1.31 1.44 1.41 1.25 1.81
Rail Transport & Pipelines
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Water Transport 0.00 0.00 0.00 0.00 0.00 0.00 0.01
Air Transport 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Transport Services 0.06 0.07 0.08 0.09 0.08 0.05 0.08
Telecommunications 0.80 0.95 0.67 0.70 0.78 0.82 1.01
Post 0.01 0.01 0.00 0.01 0.01 0.01 0.01
Financial Institutions 1.76 1.51 1.31 1.39 1.48 1.74 1.61
Insurance 0.05 0.05 0.04 0.04 0.05 0.05 0.06
Real Estate 3.65 3.88 3.62 4.01 3.79 3.55 4.52
Business Services (Not Health or educa-tion)
0.26 0.24 0.23 0.24 0.24 0.25 0.27
Public Administration 0.76 0.66 0.60 0.70 0.67 0.72 0.73
Education 0.20 0.18 0.16 0.16 0.17 0.19 0.21
Health 0.04 0.04 0.03 0.03 0.04 0.04 0.04
Private Non Profit Organisations
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Services 1.26 0.85 0.75 0.92 0.93 1.38 0.92
Broadcasting 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00
14
Table 5: Gross Domestic Product At 1990 Basic Prices Percentage Distribution:
2011 And Q1—Q2, 2012
ACTIVITY SECTOR 2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Crop Production 30.06 36.58 39.71 35.58 35.80 29.44 35.68
Livestock 2.93 2.99 2.27 2.31 2.58 2.88 2.99
Forestry 0.61 0.57 0.46 0.44 0.51 0.61 0.56
Fishing 1.54 1.46 1.20 1.17 1.32 1.53 1.45
Coal Mining 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Crude Petroleum & Natural Gas
17.18 14.84 14.27 13.54 14.78 15.80 13.86
Metal Ores 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Quarrying & Other Mining
0.30 0.36 0.40 0.34 0.35 0.32 0.38
Oil Refining 0.17 0.15 0.12 0.11 0.13 0.16 0.15
Cement 0.12 0.11 0.08 0.07 0.09 0.12 0.11
Other Manufacturing 0.84 3.65 3.31 6.89 3.94 0.83 3.69
Electricity 2.46 2.88 3.30 2.80 2.89 2.38 2.78
Water 0.17 0.17 0.14 0.13 0.15 0.18 0.18
Building & Construction
2.82 2.09 1.61 1.99 2.08 3.01 2.21
Wholesale and Retail Trade
22.92 16.75 18.29 19.87 19.36 23.39 17.12
Hotel and Restaurants
0.66 0.53 0.50 0.45 0.52 0.69 0.56
Road Transport 2.73 2.52 2.26 2.20 2.40 2.72 2.52
Rail Transport & Pipelines
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Water Transport 0.06 0.06 0.05 0.05 0.05 0.06 0.06
Air Transport 0.07 0.06 0.05 0.06 0.06 0.07 0.06
Transport Services 0.17 0.14 0.13 0.14 0.14 0.17 0.14
Telecommunications 5.76 5.89 5.39 5.60 5.64 7.22 7.20
Post 0.07 0.07 0.07 0.07 0.07 0.07 0.07
Financial Institutions 3.99 3.87 2.84 2.79 3.30 3.88 3.81
Insurance 0.19 0.17 0.14 0.13 0.15 0.19 0.18
Real Estate 1.97 1.94 1.67 1.64 1.78 2.03 2.03
Business Services (Not Health or education)
0.13 0.13 0.11 0.09 0.11 0.13 0.13
Public Administration 0.75 0.70 0.59 0.55 0.64 0.73 0.68
Education 0.25 0.23 0.19 0.17 0.21 0.26 0.24
Health 0.06 0.05 0.04 0.04 0.05 0.06 0.05
Private Non Profit Organisations
0.00 0.00 0.00 0.00 0.00 0.01 0.00
Other Services 0.92 0.93 0.71 0.71 0.80 0.93 0.98
Broadcasting 0.10 0.09 0.08 0.07 0.08 0.10 0.09
Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00
15
Table 6: 2011 and Q1—Q2 2012 Real Gross Domestic Product (Constant 1990): Sectoral
Contribution & Growth Rate (Percentages)
2011 2012
Q1 Q2 Q3 Q4 Total Q1 Q2
Contribution to GDP in (%)
Agriculture 35.14 41.59 43.64 39.49 40.21 34.47 40.69
Solid Mineral 0.30 0.36 0.40 0.34 0.36 0.32 0.38
Crude Petroleum & Natural Gas 17.18 14.84 14.27 13.54 14.78 15.80 13.86
Manufacturing 1.13 3.91 3.51 7.07 4.16 1.12 3.96
Telecommunication & Post 5.83 5.96 5.46 5.67 5.71 7.29 7.28
Finance & Insurance 4.17 4.04 2.98 2.92 3.45 4.07 3.98
Wholesale and Retail Trade 22.92 16.75 18.29 19.87 19.36 23.39 17.12
Building and Construction 2.82 2.09 1.61 1.99 2.08 3.01 2.21
Hotel and Restaurants 0.66 0.53 0.50 0.45 0.52 0.69 0.56
Real Estate 1.97 1.94 1.67 1.64 1.78 2.03 2.03
Business and Other Services 1.05 1.07 0.82 0.81 0.92 1.07 1.12
Others 6.83 6.91 6.84 6.22 6.67 6.74 6.81
Sectoral Growth (%)
Agriculture 5.54 5.95 5.60 5.74 5.71 4.15 3.97
Solid Mineral 12.86 11.82 11.56 10.31 11.48 11.69 11.75
Crude Petroleum & Natural Gas 0.05 0.98 -0.38 -0.40 0.02 -2.32 -0.73
Manufacturing 6.16 7.34 8.38 7.50 7.60 5.15 7.45
Telecommunication & Post 33.36 33.70 35.13 36.31 34.76 32.83 29.77
Finance & Insurance 4.11 4.61 3.95 3.22 3.98 3.53 4.77
Wholesale and Retail Trade 10.13 11.47 11.82 11.80 11.33 8.35 8.61
Building and Construction 13.22 12.24 11.32 12.05 12.26 13.25 12.47
Hotel and Restaurants 12.20 12.39 11.79 12.01 12.09 11.45 12.30
Real Estate 9.46 10.48 10.57 11.01 10.41 9.39 10.87
Business and Other Services 8.61 11.03 8.51 9.81 9.52 7.68 11.27
Others 4.88 4.64 5.06 5.55 5.06 4.77 4.80
Real Growth at Basic Prices 7.13 7.61 7.30 7.68 7.45 6.17 6.28
Non - Oil Growth 8.73 8.85 8.70 9.07 8.85 7.93 7.50