Item 5а
National Accounts of
Ukraine:
Current Status and
Development Perspectives
Irina N. Nikitina
Director of Macroeconomic Statistics
Workshop on the Implementation of the 2008SNA,
Kiev, 29 November – 2 December 2011
REGULATORY FRAMEWORK OF NATIONAL
ACCOUNTS OF UKRAINE
 Implementation
(Decree of the Cabinet of Ministers of Ukraine dated 28.12.1992 No.727
“On Implementation of the System of National Accounts”);
 Information support and timeline
(Decree of the Cabinet of Ministers of Ukraine dated 09.08.2001 No.341-р
“On Improvements of Compilation of National Accounts”);
 Development
Concept on the development of the System of National Accounts
(Decree of the Cabinet of Ministers of Ukraine dated 25.07.2002 No.413-р)
Program for development of the System of National Accounts up to 2010
(Decree of the Cabinet of Ministers of Ukraine dated 07.04.2003 No.475)
Strategy of government statistics development up to 2012
(Decree of the Cabinet of Ministers of Ukraine dated 05.11.2008 No.1413-р)
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
2
METHODOLOGICAL FRAMEWORK OF
UKRAINIAN NATIONAL ACCOUNTS :
1) International standard – System of National Accounts (SNA
’93);
2) European standard – European System of National and
Regional Accounts (ЕSА ’95).
Main Components of National Accounts of Ukraine
1.
2.
3.
4.
5.
Annual national accounts
Input-output tables
Financial accounts
Quarterly accounts
Regional accounts
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
3
1.
ANNUAL NATIONAL ACOUNTS
Include:
-
Integrated national accounts;
-
Rest of the world account;
-
Institutional sector accounts;
-
Institutional subsector accounts;
-
GDP is calculated at current and constant prices
(using chain linking method).
Classifications used
• Institutional sector classification
• Economic Activity Classification of (NACE)
• Classification of individual consumption according to purpose (СОIСОР)
• Other functional classifications of SNA
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
4
2.
Table
INPUT-OUTPUT TABLES
Dimension (
products)
Dimension
(products)
frequency
(years)
Timeline
(months)
Input-output table at
purchaser’s prices
38*38
1
12
Extended Input-output table at
purchaser’s prices
80*80
2005
36
Input-output table at basic
prices, matrices of trade and
transport margins, taxes and
subsidies on products, use of
imported products
38*38
1
16
Input-output table at previous
year prices (experimental)
38*38
1
24
Not developed
Conformity with EU
standards
Dimension is 60*60,
frequency is 5 years,
compilation period is 36
months
Supply-use tables
Dimension is 60*60,
frequency is 1 year,
compilation period is 36
months
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
5
3.
FINANCIAL ACCOUNTS
Financial account for the total economy by
institutional sectors and financial
instrument are developed and published
since 2003 as part of capital accounts;
Experimental estimates of financial and
non-financial balance sheets are
implemented in the current year.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
6
4. QUARTERLY ACCOUNTS
 Estimates of GDP at current and constant prices (chainlinking; seasonal adjustment).
 Gross value added by NACE, final use categories by the
functional classifications.
 Estimates of GNI at current prices.
 In the current year, estimates and publication of
integrated accounts and accounts by institutional sector
have been implemented.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
7
5.
REGIONAL ACCOUNTS
 Estimates of gross regional product by production
method.
Gross value added by economic activity at current
and previous year prices.
 Estimates of disposable and actual disposable
income of households sector.
 Estimates are done for 27 regions using “mixed”
method
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
8
DATA SOURCES FOR NATIONAL ACCOUNTS
OF UKRAINE
Statistical surveys
Enterprise surveys
- structural statistics
- sectoral surveys
• Surveys of individual entrepreneurs
• Interviews with enterprises
• Household surveys
• Population censuses
(agriculture and households
censuses)
Administrative data
• Financial statements of
- enterprises
- banks
- budget entities
• Balance of payments
and international
investments position
• Reports on the
execution of the budget
• Pension Fund and Social
Insurance Fund execution
reports
• Monetary, financial and
and banking statistics
• Data from Tax
administration
• Customs data on
import/export of goods,
etc.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
9
COMPILATION AND REVISION POLICY OF
NATIONAL ACCOUNTS OF UKRAINE
National accounts indicator
Period
Publication calendar
Flash GDP estimates
quarterly
30 days after accounting quarter
Preliminary GDP and GNI estimates
quarterly
90 days after accounting quarter
Accounts by institutional sector and subsector
quarterly
120 days after accounting quarter
Revised of GDP and GNI
quarterly
31 March of the following year
Final estimates of GDP; GNI, integrated accounts;
accounts by institutional sectors and subsectors, of
rest world account, input-output tables at purchasers
prices
annual
Input-output tables at consumer’s prices
annual
Final GDP; GNI
quarterly
30 December of the following year
30 December of the following year
March of year t+2
Input-output tables at basic prices
annual
30 April of year t+2
Balance sheets
annual
30 March of year t+2
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
10
TRENDS OF NATIONAL ACCOUNTS OF
UKRAINE
 Priorities
-
Implementation of new method for calculation of FISIM;
-
Change to new version of NACE Rev.2;
-
New treatment of goods for processing abroad in SNA and
Balance of payments;
-
Back cast revisions due to methodological changes of SNA –
2008.
 Other changes related to the implementation of the
SNA 2008.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics
11
Thank you
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics