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in Myanmar

International Workshop on. Measuring GDP by Final Demand Approach. Shenzhen, China. 25-27 April, 2011. Measuring GDP by Final Demand Approach. in Myanmar. Current Practice. Mainly estimated by production approach As a counter-checking purpose, expenditure approach is also done

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in Myanmar

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  1. International Workshop on Measuring GDP by Final Demand Approach Shenzhen, China 25-27 April, 2011 Measuring GDP by Final Demand Approach in Myanmar

  2. Current Practice • Mainly estimated by production approach • As a counter-checking purpose, expenditure approach is also done • Main data sources are administrative records and estimation • Lack of regular-basis surveys 2

  3. Estimating on final consumption expenditure • Household final consumption expenditure has been estimated starting from 2005/2006 • Formerly it was a residual 3

  4. Survey • Integrated Household Living Conditions Assessment Survey (IHLCA)(2004/2005) • Intended to measure national poverty line 4

  5. Estimating from the survey result • Household final consumption expenditure are estimated • As an aggregate, not in product classification (CPC and COICOP) 5

  6. Government final consumption expenditure • Relied upon the current expenditure of Government Budget • Need to classify with COFOG and CPC • NPISHs • Still missing 6

  7. Exports and Imports • Covered only goods • Valued at FOB and CIF • Converted into local currency with official exchange rate 7

  8. Gross capital formation • Both gross fixed capital formation and changes in inventory are included • For state sector, capital expenditure of Government Budget is taken • For private sector, estimation are being carried out 8

  9. Changes in inventories • Collected through line ministries for State sector • For private sector, only the stock changes for major crop, i.e. paddy is estimated 9

  10. Need to improvement • Need to improve statistical system • Capacity building is much needed • Survey on regular basis are necessary • Transform into internationally standardized system 10

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