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United Nations Economic Commission for Europe Statistical Division United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South East Europe and Mongolia Group of Experts on National Accounts Geneva, April 2010 Presentation by UNECE Agenda item 1

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UNECE Statistical Division Slide 3April 2010 Introduction and background Recommendations of the UNSC UNSD -> regional implementation plans Regional advisory body Steering Group (SG) on National Accounts (incl. the Netherlands, Canada, Norway, the Russian Federation and The former Yugoslav Republic of Macedonia, Eurostat, OECD, CIS-STAT, UNSD and IMF) Survey on SNA issues In Eastern Europe, Caucasus and Central Asia, South East Europe and Mongolia

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Page 1: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

United Nations Economic Commission for EuropeStatistical DivisionUnited Nations Economic Commission for EuropeStatistical Division

Implementation of the 2008 SNAin the Eastern Europe, Caucasus and Central Asia,

South East Europe and Mongolia

Group of Experts on National AccountsGeneva, April 2010

Presentation by UNECE

Agenda item 1

Page 2: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 2April 2010

Overview

1. Introduction and background2. Results of the 2010 Survey

• Progress and challenges with the 1993 SNA

• Improvement needs of basic statistics

• National strategies towards 2008 SNA

• Priorities in progress towards the 2008 SNA

• Ongoing technical assistance projects

• Requested assistance

3. Development of an implementation plan

Page 3: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 3April 2010

Introduction and background

• Recommendations of the UNSC• UNSD -> regional implementation plans

• Regional advisory body• Steering Group (SG) on National Accounts

(incl. the Netherlands, Canada, Norway, the Russian Federation and The former Yugoslav Republic of Macedonia, Eurostat, OECD, CIS-STAT, UNSD and IMF)

• Survey on SNA issues• In Eastern Europe, Caucasus and Central Asia,

South East Europe and Mongolia

Page 4: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 4April 2010

Results of the survey -Progress and challenges with 1993 SNA

Availability of GDP and main components

Alb

ania

Arm

enia

Aze

rbai

jan

Bel

arus

Bos

nia

and

Her

zego

vina

Cro

atia

Geo

rgia

Kaz

akhs

tan

Kyr

gyzs

tan

The

FYR

of M

aced

onia

Mol

dova

Mon

golia

Mon

tene

gro

Rus

sia

Serb

ia

Tajik

ista

n

Turk

men

ista

n

Ukr

aine

TOTA

L

current x x x x x x x x x x x x x x x x x x 18 Output constant x x x x x x x x x x x x x x x x x x 18

Income x x x x x x x x x x x x x 13 current x x x x x x x x x x x x x x x x x x 18 A

NN

UA

L

Expenditure constant x x x x x x x x x x x x x 13 current x x x x x x x x x x x x x x 14 Output constant x x x x x x x x x x x x x x x 15

Income x x x x x 5 current x x x x x x x x x x x 11

QU

AR

TER

LY

Expenditure constant x x x x x x x x x x 10

Page 5: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 5April 2010

Results of the survey –Progress and challenges with 1993 SNA

Availability of main accounts and balance sheets

* Only for the years 2000 and 2001.

A

lban

ia

Arm

enia

Aze

rbai

jan

Bel

arus

Bos

nia

and

Her

zego

vina

Cro

atia

Geo

rgia

Kaz

akhs

tan

Kyr

gyzs

tan

The

FYR

of M

aced

onia

Mol

dova

Mon

golia

Mon

tene

gro

Rus

sia

Serb

ia

Tajik

ista

n

Turk

men

ista

n

Ukr

aine

TOTA

L

AN

NU

AL

AC

CO

UN

TS Current

accounts x x x x x x x x x x x x x x x 15

Accumulation accounts

capital x x x x x x x x x x x x x x 14 financial x x x x 4 Other changes in assets x x x 3

Balance sheet x x 2

Oth

ers

Supply/Use; Input/Output tables x x x x x x x x x x x 11 Regional Accounts x x x x x x x* x x x x 11 Satellite Accounts x x x x 4

Page 6: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 6April 2010

Results of the survey –Progress and challenges with 1993 SNA

• Measurement of financial services • Constant price estimates and deflators • Measuring the non-observed economy• Institutional sectors and accounts• Balance sheets• Quarterly, financial and regional accounts• Supply/use & Input/output tables• The revised economic activity classification

Page 7: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 7April 2010

Results of the survey –Improvement needs of basic statistics

• Statistical framework, units, classifications• Short-term statistics• Statistics on services• Price measurement, deflators• International trade, FATS• Social statistics• Investment statistics• Monetary and financial statistics

Page 8: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 8April 2010

Results of the survey –National strategies towards 2008 SNA

• Most of the countries have national plans for improvement of statistics and national accounts focusing on the 1993 SNA

• Some have started work towards 2008 SNA • Azerbaijan• Kazakhstan• Russian Federation• Ukraine• Croatia • The former Yugoslav Republic of Macedonia

• Guidance for national plans requested

Page 9: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 9April 2010

Results of the survey –Priorities in progress towards 2008 SNA

Non-financial assets• R & D, military expenditures, mineral exploration, land

improvements, cultivated assets, ownership transferNon-observed economy

• Informal sector and illegal activitiesFinancial services

• Pension schemes and employee stock optionsPublic sector

• Central banks and public/private/government The rest of the world

• Multi-territory enterprises, processing, merchanting

Page 10: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 10April 2010

Results of the survey –Ongoing technical assistance projects

Major players in the region:• Technical Aid to the Commonwealth of

Independent States (TACIS)

• The Instrument for Pre-accession Assistance (IPA) and EU PHARE programmes

• Twinning projects carried out by EU and EFTA countries

• Projects of the World Bank and IMF

• UNECE and CIS-STAT

Page 11: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 11April 2010

Results of the survey –Requested assistance

• Training workshops for the staff of NSOs (national, regional and international)

• Study visits to more developed statistical offices

• Region-specific manuals and guidelines

• Seminars for other producers of statistics

• On-the-job training

Page 12: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 12April 2010

Development of an implementation plan

Non-Financial AssetsR&D, military

CHALLENGES

National Accounts

STATISICS

Short-Term Statistics Output value, intermediate consumption

Statistics on ServicesPrices, SBS, STS

Prices &Costs Deflators, Labor

Statistical InfrastructureBusiness register, statistical units, survey design, administrative data, classifications

CORE

BASE

International TradeExport and import, FATS

Social Statistics Health, NGOs

Investment Statistics Capital expenditure

Financial Statistics

FISIM, monetary

Agriculture Statistics

Informal and illegal sector Financial Services

Stock options, pensions

Government, Public SectorPublic-private,central banks

The rest of the worldGlobalisation

Financial Instruments

BASIC

2008 SNA

1993 SNA

NOE FISIM

Institutional sectors

Quarterly accounts

Balance sheets

Supply / Use

Input / Output

Financial accounts

Regionalaccounts

Page 13: United Nations Economic Commission for Europe Statistical Division Implementation of the 2008 SNA in the Eastern Europe, Caucasus and Central Asia, South

UNECE Statistical Division Slide 13April 2010

Development of an implementation plan

• A draft plan developed by SG and UNECEon the basis of:

• Country survey• 2010 Meeting recommendations• ISWGNA guidance

… covering:• Main stages and timeframe• Technical cooperation activities• Methodological materials

• Approval of the Regional implementation plan by the UNECE countries and in consultation with ISWGNA

• Future reviews