A technical assistance mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre to Saint Lucia to provide advice to the Central Statistics Office (CSO) on compiling rebased gross domestic product estimates. The CSO is responding to the needs of the Ministry of Finance for more robust and timely national accounts statistics. All the Gross domestic product by economic activity (GDP-P) compilation workbooks have now been redeveloped and revised current and constant 2018 price quarterly and annual estimates have been compiled up to Q3 2019. The incorporation of revised data on tourist expenditure for 2000 onward have also resulted in revisions to the GDP-P current rice estimates and real growth rates. The revised annual and quarterly GDP-P estimates were assessed, and several methodological improvements were implemented. Improvements were made to the constant price estimates by reviewing and replacing weaker volume indicators. Training on the methodological changes and compiling the rebased estimates has been provided. The training on methodological improvements included the use of the more representative employment indicators and various price indices discussed above; back-casting and linking techniques for the current price estimates and linking the constant 2006 price series with the constant 2018 price series.
subsidies (-2 percent).
4. Revised current and constant 2018 price quarterly and annual GDP-P estimates have been compiled up to Q3 2019 . The revised benchmark SUT estimates and the latest input data for Q3 2019 were incorporated into the redeveloped compilationworkbooks.
5. These revised annual and quarterly GDP-P estimates at current and constant prices were reviewed during the mission and methodological improvements were implemented . Improvements were made in recompiling the current price estimates back to 2000 for most industries, although a few could only be
This Technical Assistance report on Kingdom of the Netherlands—Aruba focuses on the mission undertaken to assist the Central Bureau of Statistics (CBS) in assessing and improving the national accounts. The CBS plans to recompile and disseminate the revised annual current price estimates by January 2020, and improved constant 2013 price estimates by June 2020. The mission and the Director of the CBS met with the Minister of Finance, Economic Affairs and Culture to discuss the rebased estimates and the 2020–2025 action plan. The budget, staffing, and data coordination plans of the CBS were also discussed. The Minister agreed to establishing formal data coordination agreements between the CBS and other government institutions, and on the need for the legislation and related reporting procedures to be strengthened. She also agreed to the 2020–2025 action plan to implement the Special Data Dissemination Standard for real-sector statistics, the need for benchmark and regular surveys, and to incrementally increasing the CBS budget and staffing, subject to Cabinet approval.
Collect the additional value, volume and prices data needed to recompile the annual GDP-P and GDP-E estimates.
Incorporate SUT estimates into the compilationworkbooks.
Recompile the current price GDP-E and GDP-P estimates for 2000 to 2018 and release the revised estimates.
Compile the annual constant 2013 price GDP-E by expenditure component and GDP-P estimates at the industry level, using ISIC Revision 4 classification, for 2012 to 2018.
Compile annual constant 2000 price GDP-P estimates at the industry level, using ISIC Revision 4 classification, for 2000 to
This Technical Assistance Report discusses measures required to improve the national accounts of Suriname, including consistency with the System of National Accounts 2008. The General Bureau of Statistics (GBS) is expected to implement the recommendations of the IMF mission progressively over a five-year period. Given the staff time wasted on data entry and potential transcription errors, the GBS should give high priority to requesting the Ministry of Finance to provide the Government accounts data in Excel format for 2015 onward. With the support of the Finance Minister, the GBS also needs to implement a formal agreement with the Tax Department to share tax registration data, company income tax returns and sales tax returns.
possible, an integrated compilation system for producing the annual and quarterly GDP-P estimates is to be developed. In addition, the RSA explained that all compilers should use the same input data files for the various industry and expenditure component compilationworkbooks, for example, 2015=100 price indices developed using the BPI, CPI, MPI, PPI and XPI; other current price indicators; and population, employment and other volume indicators to be used in compiling the annual and quarterly estimates. This will ensure consistent use of survey data, price indices and