Higher Frequency Indicators for Liechtenstein: Principality of Liechtenstein
Selected Issues Papers, April 28, 2025
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- Higher Frequency Indicators for Liechtenstein: Principality of Liechtenstein
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Bibliographic details
- Authors: Andrew Baer
- Published: April 28, 2025
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798229009621.018
Overview
- Paper describes steps to compile a high-frequency indicator of growth to be used for timely monitoring of real sector activity in Liechtenstein.
- Indicator is compiled with methods consistent with those used for national accounts, and its development may serve as an interim step towards production of quarterly GDP estimates.
- High-frequency indicators of growth measure domestic production rather than expenditure, making them well suited for monitoring Liechtenstein’s export-oriented economy.
Key findings and purpose
- Purpose: provide a timely monitoring tool of real sector activity in Liechtenstein through a high-frequency indicator of growth.
- Rationale: measures of domestic production (rather than expenditure) are better suited for an export-oriented economy.
- Intended role: interim step toward producing quarterly GDP estimates by applying methods consistent with national accounts.
Methodology and scope (as described)
- Methods are consistent with those used for national accounts.
- Focus is on constructing an indicator that measures domestic production.
- Application tailored to the characteristics of an export-oriented economy.
Policy relevance and applications
- Use for timely monitoring of real sector activity in Liechtenstein.
- Potential to support development of quarterly GDP estimates as an interim methodological step.
- Relevant topics: Business cycles; Economic and financial statistics; Economic growth; Fiscal accounting and reporting; National accounts; Public financial management (PFM); Taxes; Value-added tax.
Content in this bundle
- Sipea2025044