Download - Implementation of SNA 2008 / ESA 2010
Statistical Office of the Republic of Serbia
Implementation of SNA 2008 / ESA 2010Implementation of SNA 2008 / ESA 2010
www.stat.gov.rs / [email protected] / [email protected]
•21 Јаnuary 2014 - In Brussels was held the First Intergovernmental Conference which marked the formal start of Serbia's negotiations to join the EU.
•SNA 2008 vs. ESA 2010
•Organization of the new methodology implementation, UN vs. Eurostat approach
Status of the Republic of Serbia, SNA 2008 / ESA 2010Status of the Republic of Serbia, SNA 2008 / ESA 2010
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•Changes between ESA 95 and ESA 2010
•Improvement in the Serbian National Accounts
•Review of the Serbian statistical system
ESA 2010 Implementation, objectivesESA 2010 Implementation, objectives
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Issue number Issue Description Implement yes/no Impact on GDP/GNI
I. Units
1 Ancillary activities no
2 Residence of multi-territory enterprises no
3 Special purpose entities (SPE) no
4 Holding company yes small
5 Head office yes small
6 Sub-sectoring of the financial corporation sector yes small
II. Production boundary
7 R&D yes medium
8 FISIM yes medium
9 Central Bank yes small
10 Non-life insurance yes small
11 Reinsurance yes small
12 Output for own final use yes small
ESA 2010 road map list, 1/5ESA 2010 road map list, 1/5
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Issue numb
er Issue Description Implement yes/no Impact on GDP/GNI
III. Non-Financial Assets
13 Asset boundary extended to include R&D yes medium
14 Revised classification of assets yes small
15 Weapons systems, 19 A yes small
16 Databases yes small
17 Originals and copies yes small
18 Costs of ownership transfer yes small
19 Land improvements yes small
20 Goodwill and marketing assets no
21 Consumption of fixed capital evaluation at constant-quality no
22 Intellectual property products yes small
23 Classification for Other changes in the volume of assets account no
24 Treatment of small tools yessmall
25 Construction activities abroad for less than one year yes small
ESA 2010 road map list, 2/5ESA 2010 road map list, 2/5
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Issue numb
er Issue Description Implement yes/no Impact on GDP/GNI
IV. Financial instruments
26 Employee stock options no
27 Non-performing loans no
28 Guarantees no
29 Index-linked debt securities no
30 Debt issued on concessional terms. no
31 Debt instruments indexed to a foreign currency no
32 Special drawing rights (SDR) no
33 Fees payable on securities lending and gold loans no
34 Financial asset classification no
35 Recording pension entitlements no
ESA 2010 road map list, 3/5ESA 2010 road map list, 3/5
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Issue numb
er Issue Description Implement yes/no Impact on GDP/GNI
V. Government
36 Boundary between private/public/government sectors yes small
37 Restructuring agencies no
38 Government issued permits (Contracts, leases and licenses) no
39 Exceptional payments from public corporations no
40 Exceptional payments from government to public quasi-corporations no
41 Accrual recording of taxes yes small
42 Tax credits no
43 Public-private partnerships no
ESA 2010 road map list, 4/5ESA 2010 road map list, 4/5
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Issue numb
er Issue Description Implement yes/no Impact on GDP/GNI
VI. ROW
44 Goods sent abroad for processing yes small
45 Merchanting yes small
VII. Other
46 Patented entities yes small
47Right to use / exploit non-produced resources between resident and non-residents no
48 Asset boundary for non-produced intangible assets no
49 Illegal activities yes medium
50Retained earnings of mutual funds, insurance companies and pension funds yes small
51 VAT for EU 3rd resource no
ESA 2010 road map list, 5/5ESA 2010 road map list, 5/5
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Issue number Brief description of methodology
Time series to be prepared
When expected to be available
(month, year)
7R&D 2005 - onwards September 2014
In line with ESA 2010 production boundary has been extended by including R&D expenditure in GFCF estimates. The information collected in accordance with the Frascati manual and Commission Regulation (EC) No 753/2004 of 22 April 2004 will provide estimates of R&D expenditure.
8FISIM 2005 - onwards September 2014
Working group with National Bank of Serbia (NBS) has been established in order to fully apply FISIM regulation in line with ESA 2010 methodology. This is the objective of the ongoing IPA 2011 MBP - DCP1. National accounts methodology. FISIM will be calculated in respect of non-bank user institutional sectors only.
10Non-life insurance 2005 - onwards September 2014The output of non-life insurance is calculated by: total premiums earned plus premium supplements less adjusted claims insured. The method based on accounting information is used: adjusted claims are derived ex post as actual claims incurred plus the change in equalization provisions, i.e. the funds set aside to meet unexpectedly large claims.
ESA 2010 road map - descriptionESA 2010 road map - description
www.stat.gov.rs / [email protected] / [email protected]
•Description of the change
•Methodological guide
•Main data source
•Sector allocation of R&D
•Calculation of R&D in volume terms
•Impact on GFCF and GDP
GFCF – Research and developmentGFCF – Research and development ( (R & D)R & D)
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GFCF Total changes, preliminary estimates
mill RSD
2007 2008 2009 2010 2011 2012
ESA 95GFCF 552271 632411 510227 512287 592844 717245
GDP 2276886 2661387 2720084 2881891 3208620 3348689
ESA 2010GFCF 570549 660228 540509 540495 622347 754370
GDP 2295163 2689204 2750365 2910099 3238123 3385814
Impact, %GFCF 3.3 4.4 5.9 5.5 5.0 5.2
GDP 0.8 1.0 1.1 1.0 0.9 1.1
GFCF Total changes, impact on GDPGFCF Total changes, impact on GDP
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•Description of the change
•Methodological framework
•Main data source
•Sector allocation of FISIM
•Impact on GDP
FISIMFISIM
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Fisim 2011 - 2012 by Institutional sectors in mill. RSD
FISIM Shares
Institutional sector 2012 2011 2012 2011
S.11 Non-Financial corporation 36781 45916 45,3 55,3
S.12 Financial corporation -1302 -1795 -1,6 -2,2
S.13 Government sector 1653 1857 2,0 2,2
S.14 Household sector 44581 38757 54,9 46,7
Unincorporated enterprisers 4116 4128 5,1 5,0Household sector - Final consumption 37125 30955 45,7 37,3
Household sector - Dwelling loans 695 1399 0,9 1,7
Farmers 2645 2275 3,3 2,7
S.14 NPISH -201 -241 -0,2 -0,3
S.2 ROW- export -281 -1472 -0,3 -1,8
Total 81231 83022 100,0 100,0
FISIM, ESA 2010 estimation and sector allocationFISIM, ESA 2010 estimation and sector allocation
www.stat.gov.rs / [email protected] / [email protected]
•Illegal activities: narcotics, prostitution, tobacco smuggling
•Non-financial corporations sector - NOE
•GFCF - own-account construction of dwellings
•HFCE - Household services (NOE)
ExhaustivenessExhaustiveness
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•Aim
•Data sources and methodology
•Results
•Assumption
Exhaustiveness, Illegal activities - narcoticsExhaustiveness, Illegal activities - narcotics
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Narcotics consumption, 2012
Heroin Cocaine Marijuana Ecstasy Amphetamines
Number of drug users 32 545 9 243 99 157 24 053 17 672
Share in the population (15-64) 0.66 0.19 2.02 0.49 0.36The average annual consumption by drug consumer in grams
228.1 52.0 52.0 26.0 26.0
Street cost of a single dose, in EUR 5.0 50.0 1.5 4.0 5.0
Import purity of drugs, in % 22.5 80.0 9.5 30.0 20.0
Street purity of drug, in % 4.4 35.2 8.0 15.0 7.0
Degree of seizure, in % 11.1 5.9 0.2 3.0 4.8
Annual consumption per user in EUR 4 563 2 600 198 416 520
HFCE in millions of EUR 152.1 24.6 19.5 10.7 10.2
Exhaustiveness, Illegal activities - narcoticsExhaustiveness, Illegal activities - narcotics
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•Aim, problem
•Data sources and methodology
•Results
•Assumption
Exhaustiveness, Illegal activities - tobacco smugglingExhaustiveness, Illegal activities - tobacco smuggling
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Tobacco smuggling 2009 2010 2011 2012
Supply of tobacco 1 114 1 225 1 179 989
Packs of cigarettes displayed in HFCE 696 701 707 637
Percentage share of HFCE at total supply 62.5 57.2 60.0 64.4
Missing packs of cigarettes 418 524 472 352
Estimation of seized cigarettes 224 311 260 251
Quantities of cigarettes that should be added to HFCE 195 212 212 101
Exhaustiveness, Illegal activities - tobacco smugglingExhaustiveness, Illegal activities - tobacco smuggling
www.stat.gov.rs / [email protected] / [email protected]
•Aim, problem
•Data sources and methodology, main and subsidiary
•Results
•Assumption
Exhaustiveness, Non-financial corporations sector - NOEExhaustiveness, Non-financial corporations sector - NOE
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NOE Summary of NFC by sections, in millions RSD, 2011
SectionGVATotal
structure of GVA
impact on GDP in %
impact on GVA section
in %TOTAL 242 037 100.0 6.9 8.1A Agriculture, forestry and fishing 24 583 10.2 0.7 6.8B Mining and quarrying 1 059 0.4 0.0 2.0C Manufacturing 72 817 30.1 2.1 14.5D Electricity, gas, steam and air conditioning supply 1 651 0.7 0.0 1.7E Water supply; sewerage, waste management and remediation activities 2 454 1.0 0.1 6.0F Construction 33 724 13.9 1.0 21.0G Wholesale and retail trade; repair of motor vehicles and motorcycles 32 219 13.3 0.9 9.7H Transportation and storage 16 888 7.0 0.5 11.2I Accommodation and food service activities 3 203 1.3 0.1 9.2J Information and communication 6 034 2.5 0.2 4.1K Financial and insurance activities - - - -L Real estate activities 18 450 7.6 0.5 5.7M Professional, scientific and technical activities 1 764 0.7 0.1 1.7N Administrative and support service activities 5 781 2.4 0.2 11.1O Public administration and defense; compulsory social security - - - -P Education - - - -Q Human health and social work activities 64 0.0 0.0 0.0R Arts, entertainment and recreation 4 114 1.7 0.1 12.4S Other service activities 17 231 7.1 0.5 32.1T Activities of households as employers - - - -U Activities of extraterritorial organizations and bodies - - - -
Exhaustiveness, Non-financial corporations sector - NOEExhaustiveness, Non-financial corporations sector - NOE
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•Double deflation of production side of GDP
•Expenditure side of GDP at constant prices
•Work on preparation of tables for Budget deficit and Government debt
•Quarterly Accounts
•Regional Accounts
•Work on Economic Accounts for Agriculture
Other improvements of statistical systemOther improvements of statistical system
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•SUT implementation
•Sectorisation in line with ESA 2010
•Budget deficit and Government debt
•Regional Accounts
•Economic Accounts for Agriculture
Future workFuture work
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Thank you for your attention!
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