{
  "title": "Higher Frequency Indicators for Liechtenstein: Principality of Liechtenstein",
  "publication": "Selected Issues Papers, April 28, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2025/04/28/higher-frequency-indicators-for-liechtenstein-principality-of-liechtenstein-566392",
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  "summary": "This paper describes steps to compile a high-frequency indicator of growth to be used for timely monitoring of real sector activity in Liechtenstein.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Paper describes steps to compile a high-frequency indicator of growth to be used for timely monitoring of real sector activity in Liechtenstein.\n- 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.\n- High-frequency indicators of growth measure domestic production rather than expenditure, making them well suited for monitoring Liechtenstein’s export-oriented economy."
    },
    {
      "heading": "Key findings and purpose",
      "content": "- Purpose: provide a timely monitoring tool of real sector activity in Liechtenstein through a high-frequency indicator of growth.\n- Rationale: measures of domestic production (rather than expenditure) are better suited for an export-oriented economy.\n- Intended role: interim step toward producing quarterly GDP estimates by applying methods consistent with national accounts."
    },
    {
      "heading": "Methodology and scope (as described)",
      "content": "- Methods are consistent with those used for national accounts.\n- Focus is on constructing an indicator that measures domestic production.\n- Application tailored to the characteristics of an export-oriented economy."
    },
    {
      "heading": "Policy relevance and applications",
      "content": "- Use for timely monitoring of real sector activity in Liechtenstein.\n- Potential to support development of quarterly GDP estimates as an interim methodological step.\n- Relevant topics: Business cycles; Economic and financial statistics; Economic growth; Fiscal accounting and reporting; National accounts; Public financial management (PFM); Taxes; Value-added tax.\n\n---\n\n Content in this bundle\n\n- Sipea2025044\n  - Sipea2025044 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sipea2025044 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2025/04/28/higher-frequency-indicators-for-liechtenstein-principality-of-liechtenstein-566392"
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    "Authors: Andrew Baer",
    "Published: April 28, 2025",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798229009621.018",
    "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.",
    "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.",
    "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.",
    "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.",
    "**Sipea2025044**"
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