Regional Seminar on Developing a Program Supporting Statistics
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Regional Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics Bengi YOSUNKAYA 11-13 September 2013 Ankara - Turkey National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey TURKEY National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Sound macro-economic policies Reliable Consistent Macro-economic statistics Timely National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey • In Turkey, responsibilities of macro-economic statistics are distributed between different ministries and institutions, such as Ministry of Finance Ministry of Development Ministry of Economy Central Bank Treasury National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey • Every ministries and institutions has their own policy, plan and program. • Most of them use their own data sources and administrative records. For example Central Bank uses its own records, banking system records, TurkStat surveys and some special data sources. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey • By using these records, other institutions’ records and sources, Ministry of Finance, Ministry of Development, Ministry of Economy, Central Bank and Treasury constitute country’s macroeconomic policies. • National Account Department of TurkStat is mainly responsible for GDP figures. Many of the ministries and institutions use GDP figures to obtain special indicators. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Current Compilation Practices of National Accounts • In GDP estimates, production approach is the main approach. • GDP by production and by expenditures are estimated in current and constant prices quarterly. • For the time being, annual figures are obtained as sum of quarters. • GDP by income components was last published for the year 2006. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Current Compilation Practices of National Accounts • The base year is 1998. • Main classification for estimates is Nace 1. • The revision studies for classification and income components will be finalized in very near future. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Current Compilation Practices of National Accounts • In 2008, TurkStat published the new national accounts figures according to the European System of Accounts 1995 (ESA-95), including a full scale revision of the quarterly GDP series for the period 1998 to 2006 in current and constant prices. • Adopting the new standards provide a more relevant conceptual basis for measuring economic and financial conditions. • It also ensures that Turkey’s statistics are comparable with those of other countries. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Current Compilation Practices of National Accounts The revised national accounts represent a major improvement for • the measurement of economic activities, • the understandability of the accounts and • harmonization with other international standards. This achievement is the result of a major undertaking that is referred to, in statistical terms, as an historical revision. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Current Compilation Practices of National Accounts This historical revision, which represents the accumulation of several years of intense efforts, involved • restating the accounts according to new statistical standards, • incorporating a broad range of new and better source data and • adopting updated statistical techniques. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements Improvements in the commodity flow system improves the identification of goods used in • intermediate consumption, • investment and • household consumption National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements • Improved Supply and Use tables for 2002, basis for benchmark year • The 2002 Supply-Use and Input-Output Table is the first table compiled by the concepts, definitions and classifications of the 1995 European System of Accounts (ESA-95) National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements • • • • Financial Services Measurement of the “Financial Intermediation Services Indirectly Measured” (FISIM) according to ESA-95 A portion of FISIM is allocated to final consumption A portion of FISIM is allocated to intermediate consumption in GDP by production approach Measurement of Central Bank output National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements Adoption of chain-linking method in constant price estimation • Gives more accurate aggregate volume growth rate National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements Measurement at basic prices • The VAT (and other taxes and subsidies on products) are now shown as a separate component of GDP National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements Classification systems based on ESA-95 and other international standards • New classification of industries (NACE) • Private household consumption (COICOP) • Reclassification of some components of GDP by industries National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Major Improvements • This year we are conducting very detailed supply and use survey for 2012. • This hard work will be finalized at the end of this year. • Construction of tables and analysis will be finished before the end of the next year. • After that, changing base year, revision studies and independent annual estimates will be carried out. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Main data sources • For crop estimation detailed output quantity data are obtained from the Ministry of Food, Agriculture and Livestock. • Fishing data are obtained from surveys. • Forestry data are obtained from administrative records of ministry. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Main data sources • Mining and quarrying, Manufacturing, Electricity, gas and water supply data are obtained from Structural Business Surveys and quarterly production surveys. • Construction data are obtained from Structural Business Surveys, quarterly production surveys and construction material surveys. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Main data sources • Hotels and restaurants data are obtained from Structural Business Statistics and tourism statistics. • Transport, storage and communication data are obtained from Structural Business Surveys, quarterly administrative data for State Railways and Transportation Surveys. • Financial Institutions data are obtained from Banking Regulation and Supervision Agency, Central Bank. And insurance company figures are obtained from Treasury. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Main data sources • Real estate, private education and private health services and other business activities data are obtained by Structural Business Statistics, • Public administration, defense, public education, public health and compulsory Social Security data are obtained from the accounts of general government. • Private households with employed person data are obtained from Household Budget Surveys. National Seminar Seminar on A Program Regional onDeveloping Developing A Program National Seminar on Developing A Program for the the Implementation ofof thethe for Implementation for the Implementation of the 20082008 SNA and Supporting Statistics in Turkey Supporting 2008 SNASNA and and Supporting StatisticsStatistics in Turkey 1010 September 2013 / Ankara Turkey September 2013 / Ankara - Turkey 11-13 September 2013 / Ankara – Turkey Main data sources • Taxes on production and imports and subsidies are obtained from Ministry of Finance. • The Report of Supreme Audit Board and Social Security Institution are the other data providers. • Household Labor Force Surveys is also data source for National Accounts.
