National Accounts Statistics
Source details
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- National Accounts Statistics
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Bibliographic details
- Session: OL 24.201
- Location: Course conducted online
- Dates: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed
Training program overview and logistics
- Session No.: OL 24.201
- Location: Course conducted online
- Date: May 1, 2024 - April 15, 2025 (50 weeks)
- Delivery Method: Online Training
- Primary Language: English
- Deadline passed
Target audience and qualifications
- Target Audience: Compilers of national accounts statistics employed by agencies responsible for official national accounts data.
- Qualifications: Participants should have a degree in economics or statistics, or equivalent experience.
Course description and scope
- 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).
- Consists of lectures covering methodological and compilation issues of the 2008 SNA and workshops consisting of practical exercises in compiling the accounts.
- Main aim: train participants in the compilation of annual gross domestic product both at current prices and in volume terms using the production and expenditure approaches, in support of better policy-making and surveillance.
- Course starts with an overview of the system of national accounts, presenting the sequence of accounts for transactions and other flows as well as balance sheets, with a focus on the framework of the 2008 SNA.
- Covers the main concepts involving transactions, other economic flows, stocks, institutional units, classifications, and main macroeconomic aggregates measured by the system.
- Main lectures and workshops include:
- Sessions on the production account covering the definition and measurement of output, intermediate consumption, and value added.
- Valuation issues and the treatment of particular industries.
- Source data and issues in the compilation of GDP by production and expenditure approaches.
- Deflators and derivation of volume measures of GDP.
- Specific issues related to goods and services transactions, including supply and use framework, inventory valuation adjustment, consumption of fixed capital, non-observed and informal economy, global supply chains, and the digital economy.
- Emphasis is also placed on sharing country experiences among the participants.
Course objectives (upon completion)
- Understand the main concepts and definitions of the SNA 2008.
- 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.
References