Transcript See POWERPOINT PRESENTATION

Joint Eurostat-UNSD
Conference on National Accounts in the Context of
Development Cooperation
Adoption of System of National Accounts 1993
in Latin-America and the Caribbean
DEPE - CEPAL
Luxemburg
6 – 8 may 2008
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Presentation Summary
Overview
 Some features of National Accounts in Latin America:
an overview
 Old and new challenges
 What to do

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Questionnaire and answers
Every three years ECLAC requests Latin American countries to
respond to a questionnaire that helps establish progress in the
adoption of SNA 1993.
This questionnaire provides a quantitative overview of tables and
instruments created by every country.
Unfortunately, it does not provide information on the “quality” of the
work being carried out
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Country
Latin-America
2001
2003
2007
Argentina
GDP 2005
(Thousand USD)
183 196
Bolivia
9 441
Brasil
882 330
Chile
118 182
Colombia
144 586
Costa Rica
19 973
Cuba
46 162
Ecuador
37 187
El Salvador
17 070
Guatemala
27 285
Haiti
4 154
Honduras
9 757
México
767 222
Nicaragua
4 855
Panamá
15 465
Paraguay
7 473
Perú
79 466
Rep. Dominicana
33 542
Uruguay
16 615
Venezuela
Total
144 823
4
10
16
873
Bahamas
5 869
Barbados
3 006
Belize
1 111
Dominica
299
Grenada
554
Guyana
826
Jamaica
9 715
Saint Lucia
438
St. Kitts & Nevis
445
St. Vincent & The Grenadines
850
Suriname
1 481
Trinidad & Tobago
2001 = 4 countries
2003 = 10 countries
2007 = 22 countries
In 2007:
2 568 784
The Caribbean
Antigua & Barbuda
Tatal
Latin-America and the Caribbean
LAC- SNA 93
33 countries with a GDP of
2609 340 million USD (2000),
22 mention to have adopted
the SNA 93
Representing 66.7% of
countries in LAC
And 97.6% of total GDP
15 089
0
4
0
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22
40 556
2 609 340
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LAC: Overview of progress
in adoption of SNA 1993
Classification of accounts according to the
progress of SNA 93 adoption
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Published on the Internet (and possibly paper)
Published only on paper
Compiled, unpublished
In preparation
Not developed / not reported or no information
available
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LAC: Overview of SNA 93 Adoption
Country and SNA Version
Argentina 93
Bolivia 68
Brazil 93
Chile 93
Colombia 93
Costa Rica 93
Cuba 93
Ecuador 93
El Salvador 68
Guatemala 93
Haiti 68
Honduras 93
Mexico 93
Nicaragua 93
Panama 93
Paraguay 93
Peru 90
Dominican Republic 93
Uruguay 68 / 93
Venezuela (Bolivarian Republic of)
Anguilla 68
Antigua & Barbuda 68
Netherlands Antilles 93
Aruba 68
Bahamas 93
Barbados 68
Belize 93
Dominica 93
Grenada 68
Guyana 68
Jamaica 68
Saint Lucia 68
St. Kitts & Nevis 93
St. Vincent & The Grenadines 68
Suriname 93
Trinidad & Tobago 93
Expenditure
Supply and
use table
Goods and
services
Income
Generation
account
Allocation
of primary
income
Account
Secondary
Dist.
Account
Capital
Account
Financial
Accounts
Balance
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Global
Supply and
Demand
GDP by
industries
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6
Assessment
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Diverse and heterogeneous progress in the adoption of SNA93 in Latin
America and the Caribbean
Generally speaking, LAC countries have supply and use tables, GDP
by type of expenditure and industry, and components of value added.
Most of the countries identify public expenditure in health and
education, making it possible to calculate actual household
consumption.
A limited number of countries have institutional sector accounts, and
mostly on net lending.
No country publishes asset - liability balance sheets for all institutional
sectors.
Almost all countries have product disaggregates of gross fixed capital
formation; and a few countries present gross fixed capital formation
indicating geographic origin (national or imported)
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Assessment
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Few countries have been able to distribute the financial intermediation
services indirectly measured (FISIM) by institutional sector and industry
of use.
From a methodological and statistical point of view there is significant
progress in the harmonization of information between the rest of the
world accounts and the balance of payments.
Most countries use Customs information, make adjustments for non
recorded market and in some cases, when available, information about
maquila and free zone is quantified and incorporated.
Unfortunately the situation in Caribbean countries is precarious.
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Quality
It is difficult to measure quality in national accounts
The existing limitations of basic statistics are the main cause of some
inconveniences in the calculation of national accounts in Latin America.
Examples:
Non-recorded activities are very important and are frequently
improperly measured, especially the Services
Few records exist on the financial information of enterprises.
Other limitations include:
The lack of continuity in teams in national accounts
Unawareness of SNA 93 rev. 1
Lack of research about specific topics (maquila, informal sector, natural
assets)
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Reflections:
What can be done in LAC
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Two level- extensive training program for national accounts teams,
on SNA 93 Rev 1.
 Level 1: General and theorical course for new staff involved in
elaborating national accounts.
 Level 2: Specific and practical course, for those resposible for
the synthesis and analysis of the consistency of results of the
national accounts.
Coordination of technical assistance missions to countries to
assess and implement topics of SNA 93 Rev. 1.
Identification of minimum topics of SNA 93 to use as a baseline to
implement in the region.
Translation of SNA 1993 Rev. 1 into Spanish, publication and
dissemination.
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Reflections:
What can be done in LAC
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Creation of a horizontal cooperation program that facilitates the
exchange of experiences and specific methodologies among
national accountants in the region (this would facilitate the
harmonization and international comparison of national
accounts)
Institutional strengthening of national accounts teams.
Support research in the application of SNA 93 concepts, its
satellite accounts and new methodological guidelines.
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