Measuring GDP by Final Demand Approach International Workshop on Measuring GDP by Final Demand Approach Shenzhen, China 25-27 April, 2011 Measuring GDP by Final Demand Approach in Myanmar

Current Practice Mainly estimated by production approach As a counter-checking purpose, expenditure approach is also done Main data sources are administrative records and estimation Lack of regular-basis surveys 2

Estimating on final consumption expenditure Household final consumption expenditure has been estimated starting from 2005/2006 Formerly it was a residual 3

Survey Integrated Household Living Conditions Assessment Survey (IHLCA)(2004/2005) Intended to measure national poverty line 4

Estimating from the survey result Household final consumption expenditure are estimated As an aggregate, not in product classification (CPC and COICOP) 5

Government final consumption expenditure Relied upon the current expenditure of Government Budget Need to classify with COFOG and CPC NPISHs Still missing 6

Exports and Imports Covered only goods Valued at FOB and CIF Converted into local currency with official exchange rate 7

Gross capital formation Both gross fixed capital formation and changes in inventory are included For state sector, capital expenditure of Government Budget is taken For private sector, estimation are being carried out 8

Changes in inventories Collected through line ministries for State sector For private sector, only the stock changes for major crop, i.e. paddy is estimated 9

Need to improvement Need to improve statistical system Capacity building is much needed Survey on regular basis are necessary Transform into internationally standardized system 10