1. Implementation of 2008 SNA The benchmark year 2005
NATIONAL INSTITUTE OF STATISTICS - CAMEROON

2. Plan context Methodology aspects Results
State of implementation of SNA 2008
Conclusion and prospects

3. Context International scale
Elaboration of the System of National Accounts (SNA) by the United Nations Statistical Commission as a measuring framework of national wealth;
Regular updating of the SNA for a consideration of changes in the structure of economies and new methodologies: SNA 1953, 1968, 1993 and 2008;
Need to change the base year of national accounts every five (05) or ten (10) years.

4. Context International scale
Many countries in the world have already implemented new base year in national accounts. These changes generally involve revaluation of GDP :
Country
Subject of change
Impact
Cameroun
Implementation of the 1993 SNA (against SNA 1968 previously)
1989/90 GDP increased by 14%
Comores
2007 GDP increased by 50%
France
Rebasing 1995 (former base 1980)
2003 GDP increased by 2.4%
Rebasing 2005 (former base 2000)
2008 GDP dropped bt 0.8%
Ghana
2006 GDP increased by 60%
Maroc
1998 GDP increased by 11.8%
Nigeria
Rebasing 2010 (former base 1990)
2012 GDP Increased by 75%
Tunisia
1997 GDP Increased by 10%

5. Context national scale
Regular change of the base year of National Accounts in: 1959, 1971, and 2005 Now.
Obsolescence of the structure of the national economy in base and need to update by taking into consideration new activities (ISIC 4) new methodologies (SNA 2008) and the results of new census (General Census of Population and Housing (2005), survey on employment and the informal sector (2005), General census on enterprises (2009), Cameroon household survey on consumption (2007)
Need to develop detailed national accounts in terms of products, activities and institutional sectors to satisfy the various macroeconomic models: ministry of finance (SIPAE); ministry of economy: (MADIBA) and other users.

6. II. Methodology aspects
Conceptual changes
Implementation of 2008 SNA in the new basis 2005 and proceeding with implementation of some recommendations of SNA
Breakdown of Financial Intermediation Services Indirectly Measured (FISIM) by institutional sector and by industry;
The assessment of non life insurance productiong using ajusted allowances;
The improvement of household production coverage field;
Improvement the treatment of margins separating the margins of trade and transport margins ;
elaboration of financial accounts;
Inclusion of a part of the immaterial in fixed gross capital formation, particularly databases, software and research and development(R&D)

7. III. Methodology aspects
Updating classification
Revision of the nomenclature of activities in accordance with ISIC Rev. 4 and to adapt with economic realities of the country: Some activities are now merged, others split or moved to other elementary positions
New data sources
Integration of important statistical operations such as: General Census of Population and Housing of 2005, Survey of Employment and the Informal Sector of 2005, Cameroonian household survey of 2007 and the general census of enterprises of 2009
Chaining works N / N-1 to a fixed base
Elaboration of national accounts at constant prices of the former year (N / N-1), then chaining to a fixed price of base year 2005 in order to have a time series over the period
Back casted work
Retropolation of supply and use table and integrated economic accounts table (TCEI) over the period in order to have a consistent and coherent series on a same (SNA 2008).

8. III. Results
III.1 Gross Domestic Product (GDP) 
Modification of GDP : in terms of level, growth and structure
Considering the level, GDP moves from to 8750 billion CFA francs in the former base to billion CFA francs at current prices in the new base .
9 465 billions FCFA
(2005 base 2005)
G.D.P : +8,2%
8750 billionsFCFA
(2005 base 1989/1990)

9. III. Results Source d'écart III.1 Gross Domestic Product (GDP)
Table : Rebasing gap
Source d'écart
Value in national accounts 2005
Absolute difference (millions de F CFA)
Relative gap*(%)
SNA 2008
97 299
1,12
Non life insurance Service
58 023
-1 938
-0,02
Holding company
3 439
0,04
R&D, databases, software, etc.
3 177
Ownership transfer costs
80 320
0,92
NPISH
16095
12301
0,14
SCN 1993
3,21
Imputed rental of owner- occupied dwellings
1,57
Public administration (imputed social contribution and consumption of fixed capital)
181707
181712
2,08
FISIM
82 807
-0,44
Amelioration of data quality
3,61
Household building owners
2,11
Search of drinking water
30 349
0,35
Informal sector (Non-primary and non market household production)
20 384
0,23
105764
80837
Others
20 945
0,24
Total change
8,18

10. III. Results III.1 Gross Domestic Product (GDP)
In terms of structure: the GDP structure has changed between the two sets of accounts, both by sector (primary, secondary and tertiary), by institutional sector, in expenditure (consumption, investment and net exports)
Decline in the primary sector (agriculture, livestock and fisheries).
The value added of the secondary sectot is slightly lower in the new series

11. III. Results III.1 Gross Domestic Product (GDP)
The part of the informal sector including mainly non-market activities of the households in the formation of national wealth is declining in the new database, an average of 46% against 49% in the old series;
However, the percentage of informal excluding agriculture has remained stable, around 41% on average, in both series

12. III. Results
III.1 Gross Domestic Product (GDP)
Disappearance of fictive sector in the new base in accordance with the breakdown of FISIM
Decline in the share of non-financial corporations in GDP (29.4% against 32.1%);
Increase in the share of financial corporations (2.3% against 1.3%) and especially non- profit institutions serving households (1.5% against 0.1%)

13. III. Results III.3 Investment
The level and the structure of gross fixed capital formation have change, both for the private and the public sector
Investment rate is around 23% in the new base over the last five years against 19% in the former base;
The upward revaluation of gross fixed capital formation in the new series is mainly explained by a good estimation of the investment of households in housing and a better coverage of gross fixed capital formation field

14. IV. State of implementation
implemented points on benchmarck 2005.docx

15. IV. State of implementation
implemented points on benchmark 2005_ partially.docx

16. IV. State of implementation
Points that could be implemented in the next base year.docx

17. V. Conclusion and prospects
The results show a significant change in the structure of the economy fifteen (15) years after the elaboration of former base according to the 1993 SNA.
The National Institute of Statistic realize in the Cameroon household survey on consumption
Cameroon is carrying out many census:
The General Census of Population and Housing since 2016;
The general census of agriculture and livestock since 2016;
The general census of enterprises since 2016;
The survey on employment and the informal sector in 2017.
In this perspective, we are planning to develop a new base in

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Merci de votre bien aimable attention !
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