The National Bureau of Statistics (NBS) released the Q3:2019 GDP figures, indicating a year-on-year (YoY) real growth of 2.28% (vs. 1.81% in Q3:2018). The figure for Q2:2019 was revised upwards to 2.12% (vs. initial 1.94%), as the daily average oil production for the period was also revised to 2.02MMbd (vs. initial 1.98MMbpd). On a quarter-on-quarter (QoQ) basis, real GDP grew by 9.23% in Q3:2019. Kindly find attached the full report.
Economic report- GDP -Q3 2019
The National Bureau of Statistics (NBS) released the Q3:2019 GDP figures, indicating a year-on-year (YoY) real growth of 2.28% (vs. 1.81% in Q3:2018). The figure for Q2:2019 was revised upwards to 2.12% (vs. initial 1.94%), as the daily average oil production for the period was also revised to 2.02MMbd (vs. initial 1.98MMbpd). On a quarter-on-quarter (QoQ) basis, real GDP grew by 9.23% in Q3:2019. Kindly find attached the full report.