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CARICOM REGIONAL WORKSHOP

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Presentation on theme: "CARICOM REGIONAL WORKSHOP"— Presentation transcript:

1 CARICOM REGIONAL WORKSHOP
ON INTERNATIONAL TRADE IN SERVICES STATISTICS November 21-25, 2016 St. John’s, Antigua and Barbuda Real Estate, Renting and Business Activities focusing on Activities of lawyers within Other Business Activities n.e.c. Sub-Industry Economic Accounting Division

2 Outline Estimation of Value Added
How is this related to International Trade in Services?

3 Real Estate, Renting and Business Activities
The Real Estate, Renting and Business Activities product group has four sub-groups. These are: Real Estate Services Renting of Machinery and Equipment without Operator Computer and Related Activities Other Business Activities n.e.c Activities of lawyers, accountants, business and market consultancy, architectural, engineering and related technical consultancy, advertising, investigation and security activities, building cleaning activities, photographic activities, other business activities n.e.c Economic Accounting Division 3

4 Estimation Procedure- General Overview
Value added is equal to gross output (sales) less intermediate consumption Data Sources Annual National Income Survey Financial statements Administrative data (VAT database). Jamaica Legal Council supports the building of Universe List Economic Accounting Division

5 Estimation Procedure- Practical Example
See Worksheet Economic Accounting Division

6 Economic Accounting Division
The End Economic Accounting Division


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