1. Palestinian Quarterly National Accounts
Palestinian Central Bureau of Statistics
Palestinian Quarterly National Accounts
Amina Khasib
Director of National Accounts
February 2016

2. Palestinian Quarterly National Accounts
Background
Standard
Sources
Methodologies
Statistics
Challenges & Limitations
2009
2000
2004
- Quarterly Surveys
- Administrative Records
2010
2001
-Production and Expenditure Approach
- SDDS, 2011
2005
2011
2002
2006
2012
2003
2013
2007
2014
2015
2008
Palestinian Quarterly National Accounts
Moving to SNA2008
Income approach, Weakness in some data sources
Sets on SNA93

3. Main Reference

4. Quarterly National Accounts
Approaches
Quarterly National Accounts
Production Approach GDP at constant prices (Base year 2004) Years (Q3)
Expenditure Approach GDP at current and constant prices. (Base year 2004) Years (Q3)

5. Quarterly & Monthly Surveys Labor Force Survey (Q)
Data Sources
Production Approach
Quarterly & Monthly Surveys
Labor Force Survey (Q)
Prices (CPI+ PPI+WPI+ IPI)
M & Q
Hotels Survey (Q)
Administrative Records
Cement Companies (Q)
Palestinian Monetary Authority
Telecommunication Companies (PalTel, Jawwal, Watanyia)
Ministry of Finance

6. Short- term Indicators
Production Approach
ISIC, 4 - Codes
Main STI
Number of Working Hours A
Industrial Production Index
B+C+D+E
Quantity of imported Cement F
G+H+M+N+R+S+T
Wages & Salaries
O+P+Q
Number of Bed nights I
Revenues of Telecommunication J
PMA assets, Banks deposits & Loans K

7. Quarterly & Monthly Surveys
Data Sources
Expenditure Approach
Quarterly & Monthly Surveys
Palestinian Expenditure and Consumption Survey 2011 (Q)
Administrative Records
Cement Companies (Q)
Ministry of Finance
Foreign Trade Statistics (FTS) and Balance of Payments.

8. Short- term Indicators
Expenditure Approach
Description
Main STI
Expenditure and Consumption Survey 2011, and estimates
Household-Con
MOF- Wages and Salaries
Gov- Consumption
Construction: Imports of cement
Equipments: Imports of Capital goods
GFCF
Residual
Change in Inventories
FTS &BOP
Exports
Imports

9. Methodology Base year Data Short term Indicators
Methodologies
Base year Data
Short term Indicators
Quarterly data is Extrapolated from the Base year using the indicators
Quarterly data are benchmarked so that the sum of the quarters is the annual value.
Excel, ERETES

10. The last annual estimate should match the sum of the quarters.
Benchmarking
Methodologies
The last annual estimate should match the sum of the quarters.
bg= New benchmark value/ Estimate for the same benchmark year
Distribute that percentage difference to the quarters.

11. Assessment and Checking
Use Indicators that best captures and represent the target variable.
Make assumptions and review them regularly.
Comparison between the ratio of the ANA estimates to the sum of the quarterly indicators (benchmark- Indicator ratio).
A stable BI ratio shows that the indicator represents the movements well.
Changes in the ratio may point to problems and help identifying ways to improve.

12. Timeliness
Dissemination

13. Value Added and STI for Construction

14. Timeliness of Data sources
Dissemination
Labor force Survey- 45th day after the end of the quarter.
CPI- 14th day after the end of the month.
Administrative records MOF- 30th day after the end of the month.
Financial Indicators- 30th day after the end of the month.
Industrial Production Index- 35th day after the end of the month.
Balance of Payments- 75th day after the end of the quarter.

15. Timeliness of STI Challenges Income Approach Flash Estimates
Limitation from data sources.
Mixed Income is a residual
Income Approach
Timeliness of STI
Flash Estimates
Mainly for changes in Inventories
Improving Indicators

16. Palestinian Quarterly National Accounts
Palestinian Central Bureau of Statistics
Palestinian Quarterly National Accounts
Amina Khasib, Director of National Accounts
February 2016