current situation in national accounts estimates

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National Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics in Turkey Cevdet ÖĞÜT National Accounts Department of TurkStat Coordination and Integration Group 10 September 2013 Ankara - Turkey

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National Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics in Turkey Cevdet ÖĞÜT National Accounts Department of TurkStat Coordination and Integration Group 10 September 2013 Ankara - Turkey. - PowerPoint PPT Presentation

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Page 1: Current Situation in National Accounts Estimates

National Seminar on Developing a Program for the Implementation of the 2008 SNA and

Supporting Statistics in Turkey

Cevdet ÖĞÜTNational Accounts Department of TurkStat

Coordination and Integration Group

10 September 2013 Ankara - Turkey

Page 2: Current Situation in National Accounts Estimates

Current Situation in National Accounts Estimates

Turkish Statistical Institute (TurkStat) estimates GDP figures by production and expenditure approaches quarterly in current and constant prices. The base year for estimates is 1998. GDP by income approach was last published in 2006 in current prices.

The revision process is still ongoing and the revised figures will be published within this year.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 3: Current Situation in National Accounts Estimates

Current Situation in National Accounts EstimatesThe last big revision was in 2008. This achievement is the result of a major undertaking that is referred to, in statistical terms, as an historical revision. This historical revision, which represents the accumulation of several years of intense efforts, involved restating the accounts according to new statistical standards, incorporating a broad range of new and better source data and adopting updated statistical techniques.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 4: Current Situation in National Accounts Estimates

Current Situation in National Accounts Estimates

The last supply and use tables belongs to 2002. In the middle of this year, the survey for supply and use tables for 2012 was started. It will be finished in the beginning of 2014. The tables will be constructed in the third quarter of next year.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 5: Current Situation in National Accounts Estimates

Current Situation in TurkStatThe new Turkish Statistical Law was published in 2005.

With the New Turkish Statistical Law some provisions concerning the organizational structure of the Institute are introduced and principles regarding the Official Statistics are set out. In accordance with the Law, preparation of a Multi-Annual Official Statistical Programme, implementation principles and authorities of the Programme are determined.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 6: Current Situation in National Accounts Estimates

Current Situation in TurkStatWith the New Turkish Statistical Law, the Statistics

Council is established to advice on the development and implementation of the Programme and on the production and use of official statistics; to determine and assess the areas in which official statistics are needed and to provide opinions and suggestions for future works to be carried out.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 7: Current Situation in National Accounts Estimates

Current Situation in TurkStatAnd, with the New Turkish Statistical Law, the basic

principles and standards concerning the production and organization of Official Statistics Program (OSP) were established. OSP specifies duties and authorities which are to collect, assess and disseminate all kinds of statistics relating to the economic, social, and cultural activities of the country, and to ensure coordination among other institutions and organizations.

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 8: Current Situation in National Accounts Estimates

With this background,the Implementation Program of

SNA-2008is as follows

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

Page 9: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

SUT & IOT

INS. SECTOR ACCOUNTS

ANNUAL ACCOUNTS

REGIONAL ACCOUNTS

EDP

Page 10: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

June 2013 – December 2013Collection of data from enterprises and local units via sampling survey and full enumeration methods

January 2014 – July 2014Analysis of survey results by industry and products classifications (NACE Rev.2: 4 digits and CPA 2012: 6 digits level), Collection of administrative data, such as taxes and subsidies

Page 11: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

January 2014 – June 2014Cross checks of other source data

(such as; HH data, Agriculture data, Government data, Foreign Trade Data, Financial Intermadiaries Data, Labor Force Data, )Integration of other source data into the sytemPrice analysis and the calculation of margins for products

Page 12: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

December 2014 – June 2015Supply table - at basic and purchasers' pricesUse table - at basic and purchasers' pricesTrade and transport marginsTaxes less subsidies on products

Page 13: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

December 2014 – June 2015

Input-output table (industry by industry)Input-output table (product by product)

Page 14: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

September 2015 – April 2016Supply and Use Tables for 2013Institutional Sector Accounts, 2013

Page 15: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

January 2015 – June 2015Revisions of Annual GDP estimations

ProductionExpenditureIncome

CHALLENGES FOR INDEPENDENT EXPENDITURE APPROACH : CHANGES ON IVENTORIESHH EXPENDITURE

ANNUAL ACCOUNTS

Page 16: Current Situation in National Accounts Estimates

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

June 2014 – October 2015Annual Institutional Sector Accounts, 2012COFOG Level II

CONSULTANCY SUPPORTIPA 2011USST III

CHALLENGES: MOF SIDE ( ACCES TO DATA)INS. SECTOR CLASSIFICATIONS (BR)

INSTITUTIONAL SECTOR ACCOUNTS

Page 17: Current Situation in National Accounts Estimates

GVA AT NUTS II NACE REV 2 CLASSIFICATION 25 SEPTEMBER 2013

GVA AT NUTS III CHALLANGES: DATA AVAILIBILTY CONSULTANCY SUPPORT : IPA 2011 AND USST III

REGIONAL EMPLOYMENT AND CoE MID 2015 CONSULTANCY SUPPORT : USST III

REGIONAL HOUSEHOLD ACCOUNTS MID 2015 CONSULTANCY SUPPORT : USST III

REGIONAL GFCF CHALLANGES: DATA AVAILIBILTY&CONSISTENCY NOT ON THE ROAD MAP YET

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

REGIONAL ACCOUNTS

Page 18: Current Situation in National Accounts Estimates

EDP TABLES FOR THE YEARS 2012 AND 2013 OCTOBER 2013

ESA 2010 IMPLEMENTATIONS JANUARY 2014 TO DECEMBER 2015

National Seminar on Developing A Program for the Implementation of the

2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

EDP TABLES