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The Status of GDP Compilation Practices in 189 Economies and the Relevance for Policy Analysis, Francien Berry, Massimiliano Iommi, Michael Stanger, Louis Venter

Abstract
This paper examines the status of GDP compilation in 189 economies against six key criteria that describe national accounts compilation practices: whether the benchmark year is up to date, the availability and timeliness of annual and quarterly GDP, whether GDP by production and expenditure approaches are compiled independently to allow for comparisons, whether estimates by the income approach are available, and the vintage of the System of National Accounts (SNA) applied. We used publicly available information including from the IMF’s Dissemination Standards Bulletin Board (DSBB), and, for 108 developing economies, information provided by the IMF’s real sector advisors stationed in the Fund’s 10 Regional Technical Assistance Centers (RTACs). The data were compared with the UNSD and World Bank databases. We find that 50 percent of economies have acceptable benchmark years, 72 percent report timely annual GDP data, while 55 percent of economies report timely data for quarterly GDP. The study presents some conclusions for priorities of capacity development
Table Of Contents
Cover -- Abstract -- Contents -- I. Introduction -- II. Years Elapsed since the Benchmark Year -- III. Availability of Annual and Quarterly GDP -- IV. Timeliness of Annual and Quarterly GDP -- V. GDP by Production, Expenditure, and Income -- VI. Data on GDP by Production and Expenditure Derived Independently -- VII. Vintage of the SNA Applied -- VIII. Conclusions and Further Research -- Tables -- 1. Status of GDP Compilation in 189 Economies: Six Criteria -- 2. Annual GDP - Age of Benchmark Year in 189 Economies -- 3. Annual and Quarterly GDP by Production, Expenditure, and Income and Vintage of SNA -- 4. Annual and Quarterly GDP - Timeliness of Data Release in 189 Economies -- Figures -- 1. Annual GDP - Age of Benchmark Year in 189 Economies -- 2. Annual and Quarterly GDP Compilation by Region -- 3. Availability of Advance Release Calendars in 189 Economies -- 4. Availability of Advance Release Calendars Across Regions -- 5. Quarterly GDP Compilation by Region and Method -- 6. Are Production and Expenditure GDP Derived Independently?
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (20 pages)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484344446

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