Annual National Accounts

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1 Annual National Accounts 1. Situation of OECD annual national accounts database 2. New features of the joint OECD- Eurostat questionnaire 3. co-operation between Eurostat and OECD 4. Metadata 5. COFOG2 Project 6. NAWWE Project Working Party on National Accounts 3-5 October 2007 ( Catherine La Rosa, Russel Penlington )

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Annual National Accounts. 1. Situation of OECD annual national accounts database 2. New features of the joint OECD-Eurostat questionnaire 3. co-operation between Eurostat and OECD 4. Metadata 5. COFOG2 Project 6. NAWWE Project Working Party on National Accounts 3-5 October 2007 - PowerPoint PPT Presentation

Transcript of Annual National Accounts

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Annual National Accounts

1. Situation of OECD annual national accounts database2. New features of the joint OECD-Eurostat questionnaire3. co-operation between Eurostat and OECD4. Metadata5. COFOG2 Project6. NAWWE Project

Working Party on National Accounts3-5 October 2007

( Catherine La Rosa, Russel Penlington )

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1. Situation of OECD annual national accounts database

Joint OECD-Eurostat questionnaire for the transmission of data – EU OECD countries should send their data to both

organisations.– Information should be added to data when changes of

definition or mix of definitions in the same file. Availability of data (see table pages 3-4)

– Improvements in completeness, timeliness and coverage.– Significant weakness: tables 1400 and 2000.

Dissemination of data (paper, CD-ROM and OLISnet)– Volume 1 Main aggregates - in January, free access on

Internet for all users.

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1. Situation of OECD annual national accounts database (ctd)

– Volume 2 Detailed tables - in July – the electronic version covers, in addition, detailed non-financial accounts by sectors. Free access to officials via OLISnet, in OECD.STAT

– Volume 4 General Government Accounts - in December –. Free access to officials via OLISnet, in OECD.STAT

– OECD.STAT (via Olisnet) : daily updated Methodological changes :– FISIM :

• For most Member countries : FISIM allocated to industries and institutional sectors

• Situation of UK (2008 ?), JPN (test), MEX, NZL, TUR ?– TUR SNA93 ?

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2. New features of the joint OECD-Eurostat questionnaire

April 2007 : OECD sent the new questionnaire to non EU countries. – Old codes

August 2007 : Eurostat sent the new questionnaire to EU countries– New codes (new key family)– Some additional series compared to the April version sent by the

OECD. September 2007 : OECD sent a revised version of the new

questionnaire to non EU countries– New codes– Additional series : tables 0117, 0800, 1100, A31 breakdown added to

the A17 and A60

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2. New features of the joint OECD-Eurostat questionnaire (ctd)

Receipt of new questionnaires : KOR, NZL, USA OECD annual national accounts database

– Structure already modified

– Updates : KOR done, NZL and USA being process.

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3. Co-operation between Eurostat and OECD

Joint correspondence to EU countries

Treatment of table 0800

Joint mission to London

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4. Metadata

General government metadata

Employment metadata

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5. COFOG 2

Transmission of data : 12 EU OECD countries plus Norway

No transmission from non-EU OECD countries. High interest from users Focus on Health, Education and Social protection

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6. NAWWE Project

Current situation: In September 2007 the EuroStat data collections

questionnaire was finalised. NAWWE web site registry to save SMDX-ML URLs.

Future work: Update the final code lists and data structure

definition files. Transformation of SDMX-ML: CSV… Visualisation tools for viewing national accounts data.

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Recommendations

Data should be transmitted on the day the data are released by the Member country to our generic account [email protected].

Special effort should be made to supply tables on fixed assets.

Non EU-OECD countries are asked to consider providing COFOG 2 data for Health, Education and Social protection.

European Member countries are asked to send the questionnaire to both OECD and Eurostat at the same time.