Namibia: Technical Assistance Report-The National Accounts Mission
IMF Staff Country Reports, May 30, 2018
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- Namibia: Technical Assistance Report-The National Accounts Mission
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Bibliographic details
- Published: May 30, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484358917.002
Overview and purpose
- Discusses the recommendations made by the IMF mission to support the Namibia Statistics Agency (NSA) in improving national accounts statistics for decision making.
- At present, NSA produces quarterly estimates of GDP in constant prices using a variety of indicators, some of which are sub-optimal.
- The IMF mission worked with the national accounts team to identify appropriate data for industries where value-added tax turnover would not be usable.
Industry-specific guidance and data issues
- For industries where value-added tax turnover would not be usable, the mission identified appropriate alternative data sources and indicators.
- For the insurance industry:
- The IMF mission described the conceptual framework.
- The mission suggested possible data for compiling national accounts estimates.
- The NSA will work with the insurance regulator to discover what data can be made available.
Key findings and observations
- NSA currently produces quarterly GDP estimates in constant prices using a variety of indicators; some indicators are sub-optimal.
- Value-added tax turnover is not usable for certain industries, requiring alternative data identification.
- The insurance industry requires conceptual clarification and identification of feasible data sources in collaboration with the insurance regulator.
Subjects and keywords
- Subject: Labor, National accounts, Taxes, Value-added tax
- Keywords: Africa, CR, data, data supply, industry coding, ISCR, non-anonymized data, NSA, turnover data, turnover datum, Value-added tax
Content in this bundle
- Country Report