Vietnam: Technical Assistance Report-Report on the National Accounts Mission
IMF Staff Country Reports, December 19, 2019
Source details
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- Vietnam: Technical Assistance Report-Report on the National Accounts Mission
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Bibliographic details
- Published: December 19, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513523521.002
Evaluation of revised GDP estimates
- Purpose: Evaluate revised estimates of gross domestic product to ensure the compilation process is aligned with the System of National Accounts 2008 (2008 SNA) and that the methodology employed for estimation is consistent and coherent.
- Finding: Revisions follow recommendations of previous missions to implement the 2008 SNA.
- Specific treatment change: Research and development and software will be treated as part of gross fixed capital formation.
Methodology and data considerations
- Recommendation: Ensure the methodology employed for estimation is consistent and coherent with 2008 SNA principles.
- Rationale for revisions:
- To consider changes in data sources.
- To consider changes in the economic structure.
- Note: Revisions to statistics are a normal and expected part of national accounts compilation, reflecting additional information and new economic developments.
Communication and outreach
- Recommendation: Conduct outreach to public and private data users to help them understand the reasons for the revisions.
Subject, keywords, and technical identifiers
- Subject: Gross fixed investment, National accounts
- Keywords: business register, CR, economy, estimate, Gross fixed investment, growth rate, GSO survey, GSO's plan, information, ISCR, output ratio, request of the General Statistics Office
Content in this bundle
- 1vnmea2019003