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National Accounts Statistics (NAS)

Macroeconomic Statistics

This course, presented by the Statistics Department, covers theoretical and practical aspects in the compilation of national accounts statistics based on the conceptual framework of the System of National Accounts, 2008 (2008 SNA). The course consists of lectures covering methodological and compilation issues of the 2008 SNA and workshops consisting of practical exercises in compiling the accounts. The main aim of the course is to train participants in the compilation of gross domestic product (GDP) both at current prices and in volume terms using the production and expenditure approaches. It will cover the main concepts relating to transactions, other economic flows, stocks, institutional units, and product classifications.

The main lectures and workshops include:

(i)    the production account and the measurement of output, intermediate consumption, and value added; valuation issues; 
(ii)    source data collection and the estimation of value added for specific industries;
(iii)    deriving volume measures of value added; and
(iv)    specific issues related to goods and services transactions, including developing a supply and use framework; inventory valuation adjustment; and measuring consumption of fixed capital.
(v)    covering the non-observed and the informal economy.

Participants are encouraged to share their country's experiences on data collection and compilation. 

The course also includes a session on 2025 SNA update process and the key issues relating to the update.
 

Read More Topic : Macroeconomic Statistics

    Target Audience

    Compilers of national accounts statistics employed by national statistical agencies, central banks, or other agencies responsible for compiling the data.

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    Qualifications

    Participants should have a degree in economics or statistics or equivalent experience.

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    Course Objectives

    Upon completion of the course, participants should be able to:

    • Understand the main concepts and definitions of the 2008 SNA.
    • Describe the compilation of GDP using production, expenditure, and income approaches.
    • Discuss the importance of price and volume measures in the national accounts.
    • Explain the value of high-quality national accounts statistics to policy makers and business decision-makers.
       
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