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Enhancing GDP Measurement in Myanmar: Challenges and Practices

Explore Myanmar's methodology for measuring GDP by final demand approach, highlighting survey data, consumption expenditure estimates, government spending, and more. Learn about current practices and areas for improvement.

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Enhancing GDP Measurement in Myanmar: Challenges and Practices

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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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