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EXHAUSTIVENESS IN NATIONAL ACCOUNTS OF TURKEY

This seminar aims to develop a program for implementing the 2008 SNA and supporting statistics in Turkey, with a focus on ensuring the exhaustiveness of national accounts. Topics include data sources, GDP revision, accounting standards, and adjustments.

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EXHAUSTIVENESS IN NATIONAL ACCOUNTS OF TURKEY

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  1. Regional Seminar on Developing a Program for the Implementation of the 2008 SNA and Supporting Statistics Cevdet ÖĞÜT11-13 September2013 Ankara - Turkey

  2. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey EXHAUSTIVENESS IN NATIONAL ACCOUNTS OF TURKEY

  3. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • In order to ensure the exhaustiveness of the Turkish national accounts, the work on GDP revision started after the General Census of Industry and Business Establishments. • During the revision work TurkStat participated some projects with Eurostat such as USST-I and USST-II.

  4. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • The main revision points were elaboration of data sources and methods. • During the revision, TurkStat improved data sources of GDP by the production approach for all economic activities. • Revision of GDP is based primarily on the results of the 2002 Structural Business Statistics (SBS). • These form the most comprehensive source of data for national accounts.

  5. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey • Quarterly Labor Force Survey (LFS) served and serves as a basis for the estimation of total number of persons employed in the economy. • New system of accounting standards and rules were introduced for the government sector. The general government sector now consists of the exact number of units and includes all specific extra budgetary funds at central and local government level.

  6. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Reference Guidence Handbook on Measuring the Non-Observed Economy Tabular Approach to Exhaustiveness

  7. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Types of Work for the Adjustments • The estimationsfrom the output side are based on the SBS which includes manyindustries.

  8. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Types of Work for the Adjustments • Also, for several industries the data of the SBS are supplemented by Household Surveys (especiallyHouseholdBudget Survey (HBS)), administrative records and quarterly data sources.

  9. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey

  10. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey GDP by the income approach and exhaustiveness GDP by the income approach exhaustiveness made for compensation of employees.

  11. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey GDP by the expenditure approach and exhaustiveness When compiling the expenditure-based GDP measure, every effort is made to ensure that all relevant economic activity is captured. Most of the basic data on which the estimates are based will already have been edited and checked for completeness. Final consumption expenditure of households • Estimates of Household Consumption Expenditure were estimatedbyusing commodity flows based on production, import and trade information. • Most of the basic information from statistical surveys used in the Household Expenditure estimates werechecked for reliability and exhaustiveness by the compiling branches before incorporated into the national accounts. • The reliability and comprehensiveness of the production and external trade data used in the commodity flow estimates werechecked and verified by the compilers of the basic statistics.

  12. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey GDP by the expenditure approach and exhaustiveness Non-Profit Institutions Serving Households (NPISH) • Separate estimates for NPISH are not compiled in the Turkish national accounts. • Final consumption expenditure of NPISH is combined with Household Consumption Expenditure. Final consumption expenditure of government • The data sources for general government units are exhaustive. General government data is derived from the central government accounting system. • The data concerning social security funds are also fully exhaustive.

  13. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey GDP by the expenditure approach and exhaustiveness Gross Fixed Capital Formation • The basic estimates of Capital Formation are also considered to be reasonably comprehensive. • The main sources used in the compilation of GFCF are administrative and fiscal data, surveys, direct information and the commodity flow method. • The private sector construction activity is measured using administrative data on building permits and occupancy permits. • The construction activity for the general government is measured using data from the public accounts.

  14. Regional Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics11-13 September 2013 / Ankara – Turkey National Seminar on Developing A Program for the Implementationof the2008 SNA and Supporting Statistics in Turkey 10 September 2013 / Ankara - Turkey Updating of estimates in the current years Labor input estimates are updated annually by extrapolating from the 2002 estimates.

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