## Quarterly National Accounts/High Frequency Indicators of Economic Activity

## Source details

**Canonical URL:** [Quarterly National Accounts/High Frequency Indicators of Economic Activity](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/qnaxol23-186)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/qnaxol23-186/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/qnaxol23-186/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/qnaxol23-186/bundle-manifest.json)

## Bibliographic details
- Session: OL 23.186
- Location: Course conducted online
- Dates: May 1, 2023 - August 31, 2023 (18 weeks)
- Delivery method: Online Training
- Primary language: English
- Status: Deadline passed

---

### Program logistics and qualifications
- Session No.: OL 23.186
- Location: Course conducted online
- Date: May 1, 2023 - August 31, 2023 (18 weeks)
- Delivery Method: Online Training
- Primary Language: English
- Qualifications: Knowledge of economics and statistics or equivalent experience is helpful. Access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.

### Target audience and purpose
- Target Audience:
  - Intended for anyone interested in learning how to compile and disseminate Quarterly National Accounts (QNA) and High-Frequency Indicators of Economic Activity (HFIEAs).
  - Focus on applying recommendations of the System of National Accounts and using high-frequency data to analyze current economic developments.
- Purpose:
  - Introductory course to teach compilation and dissemination practices for QNA and HFIEAs and the role of high-frequency data in economic analysis.

### Course content and methods
- Core topics covered:
  - Concepts, data sources, and compilation techniques for producing timely and high-quality QNA and HFIEAs.
  - Theoretical and practical compilation issues.
  - Benchmarking and seasonal adjustment techniques.
  - Volume estimates and the application of these techniques to time series data.
  - Identification and assessment of available data sources.
  - Use of real-time series databases to assess data quality.
  - Design and implementation of a suitable revisions policy for QNA and HFIEAs.
- Practical skills emphasized:
  - Compiling benchmarked series and filling data gaps.
  - Applying basic seasonal adjustment techniques to time series based on good seasonal adjustment practices.
  - Applying volume measures and understanding the basic relation between value, quantity, and price.
  - Detecting and addressing issues such as the need for updated weights and recognizing the loss of additivity for chain-linked volume estimates.
  - Describing a balanced revisions policy and using a related real-time database to assess reliability of estimates.

### Course objectives (learning outcomes)
- Upon completion, participants should be able to:
  - Recognize the role, scope, uses, and compilation frameworks for QNA and HFIEAs.
  - Review available data sources for compiling QNA and HFIEAs.
  - Explain the use of volume measures and the relation between value, quantity, and price, including addressing updated weights and loss of additivity for chain-linked volume estimates.
  - Apply basic techniques for compiling benchmarked series and filling data gaps.
  - Apply basic seasonal adjustment techniques to time series based on good practices.
  - Describe a balanced revisions policy and how a real-time database can be used to assess reliability of QNA and HFIEA estimates.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/qnaxol23-186_