Training Program

The workshop is intended for national accounts compilers who will likely be involved in a GDP rebasing exercise in the next two to three years.

Participants are expected to have a bachelor's degree, with backgrounds in economics, accounting, or related fields. They are expected to be involved in the compilation of national accounts estimates.

This one-week course will be presented by experts from the International Monetary Fund's Statistics Department. The course will cover the following topics: The scope, role and strategic issues on GDP rebasing; choosing the new base year; constructing new base year estimates using supply and use tables; preparing documentation on new base year estimates; backcasting the new GDP series; preparing documentation and metadata on backcasting methods. The course will feature interactive lectures and hands-on exercises that enable participants to operationalize what they learn.The main lectures and workshops include: 1) When and why to conduct a rebasing exercise.2) Data requirements to carry out rebasing.3) Supply and Use Tables as a method of creating new base year estimates. 4) Backcasting and extrapolating new base year estimates using recompilation, splicing and residual estimation. 5) Communication and publication strategies of the rebased series. 6) Examples of rebasing from various statistical offices.