4th Quarter 2019

Gross National Income & Gross Domestic Product

Gross Value Added in Mining and Quarrying

Mining and Quarrying decelerates

Mining and Quarrying grew by 2.1 percent in the fourth quarter of 2019, but slower than the 8.1 percent growth recorded in the same period of the previous year. Nickel Mining, the top contributor to the industry’s growth, expanded by 82.4 percent. Other contributor was Stone Quarrying, Clay and Sandpits which grew by 7.9 percent.

The rest of the sub-industries contracted during the period. These were: Crude Oil, Natural Gas & Condensate, 6.2 percent; Gold Mining, 21.4 percent; Other Non-Metallic Mining, 4.1 percent; Copper Mining, 16.8 percent; Other Metallic Mining, 23.3 percent and Chromium Mining, 24.7 percent.

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