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Macroeconomic Statistics

National Accounts Statistics (NAS)


Session No.: SA 20.05

Location: New Delhi, India

Date: February 10-14, 2020 (1 week)

Primary Language: English

    Target Audience

    The workshop is intended for government officials who are integrally involved in the compilation of national accounts statistics, or, would benefit from the knowledge of the concepts, principles, sources, and methods used to compile National Accounts Statistics. As this training is broad-based, it is applicable for relatively new officials in the area of National Accounts, or users within Central Banks, Finance and Economic Planning.
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    Participants are expected to possess a degree in accounting, the social sciences, or a related field and/or have relevant work experience, and have proficiency in Microsoft EXCEL and WORD.
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    Course Description

    This one-week course will be presented by experts from the International Monetary Fund's Statistics Department. The course will be based on the System of National Accounts 2008 (2008 SNA) and the Quarterly National Accounts Manual, 2017. The course will cover the following topics: national accounts concepts, methods, and framework; estimating Gross Domestic Product using the expenditure and production approach; interpretation of National Accounts Statistics; supply and use tables; data sources and indicators; price and volume measures; and revision policies. The course will feature interactive lectures and hands-on exercises that enable participants to operationalize what they learn. The main lectures and workshops include: (i) Overview of the System of National Accounts.(ii) Production accounts: measurement of output; intermediate consumption, and value added (gross domestic product (GDP)).(iii) Gross Domestic Product by Expenditure.(iv) The sequence of accounts from the production account to balance sheets.(v) Supply and use tables.(vi) Preparation of GDP volume measures: double deflation; volume extrapolation; and introduction to chain linking.(vii) An overview of GDP revisions and rebasing.
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    Course Objectives

    Upon completion of this workshop, participants should be able to: Describe fundamental aspects of a national accounts statistical system that is highly aligned with the international standard. Demonstrate and understanding of the three approaches to estimating gross domestic product (GDP): production, expenditure and income. Describe fundamental components of SUT and how to compile them. Compile and interpret GDP volume measures: using double deflation; volume extrapolation; and single extrapolation.
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