1 Annual National Accounts  1. Situation of OECD annual national accounts database  2. New features of the joint OECD-Eurostat questionnaire  3 Changes.

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Presentation transcript:

1 Annual National Accounts  1. Situation of OECD annual national accounts database  2. New features of the joint OECD-Eurostat questionnaire  3 Changes to national accounts in 2005 Working Party on National Accounts October 2005 ( Catherine La Rosa )

2 1. Situation of OECD annual national accounts database Joint OECD-Eurostat questionnaire for the transmission of data Availability of data (see table pages 4-5) –Improvements in completeness, timeliness and coverage for tables –Significant weakness: tables 0119, 0800, 1400 and Dissemination of data (paper, CD-ROM and OLISnet) –Volume 1 Main aggregates - in January + electronic version updated quarterly and free on the Internet. –Volume 2 Detailed tables - in July – the electronic version covers, in addition, detailed non-financial accounts by sectors.

3 2. New features of the joint OECD- Eurostat questionnaire Reorganisation – several of the tables are merged. Suppression and reduction –Tables , 0118, , 0119, 1400 are dropped –Table 0800: transactions and sector detail are reduced. Extensions –Table : A60 breakdown (ISIC Rev.3 division) –Table 0302: GFCF in construction –Table 0303: additional employment breakdown by sector –Table 0501: full COICOP 3-digits for households –Table 1100: split between 1101 for GG and 1102 for sub sectors –Table 2000 and 2200: new cross-classification A17 (A60) x AN_F6 –New table 2600: balance sheets for non-financial assets Additional OECD requirements for capital stock data.

4 Changes to National Accounts in 2005 Allocation of FISIM –Already sent (at the middle of Sept 2005): AUS, AUT, DNK, FIN, FRA, DEU, IRL, KOR, ESP, USA –Expected before the end of 2005: BEL, GRC, HUN, ISL, POL, PRT, SVK, SWE, UK LUX, NLD already sent for QNA but not for ANA –Expected in 2006: CZE, ITA, NOR, TUR –Plans for JPN, MEX, NZL, CHE ? –CAN : send non allocated but publish allocated FISIM –Implication for the OECD annual database Introduction of chain linking

5 Recommendations Special effort should be made to supply tables by institutional sectors and tables on fixed assets. Data should be transmitted on the day the data are released by Member country European Member countries are asked to send the questionnaire to both OECD and Eurostat at the same time using the same . 