NATIONAL ACCOUNTS OF PAKISTAN by Syed Raisul Hasan Chief S'O'

1
NATIONAL ACCOUNTS OF PAKISTANbySyed Raisul
HasanChief S.O.
2
National Accounts Statistics

• The system of National Accounts
• Consists of coherent, consistent and integrated
  set of macroeconomic accounts based on
  internationally agreed concepts, definitions,
  classifications accounting rules
• Provides a comprehensive accounting framework
  within which economic data is compiled for
  economic analysis, decision making and policy
  options

3
(No Transcript)
4
NATIONAL ACCOUNTS FRAMEWORK

• Regular Activities
• GDP/GNP (FC) by industrial origin
• Expenditure on GNP (MP)
• GDP implicit deflator a measure of inflation
• Estimates of GFCF (MP) by industrial origin for
  private public and general government
• Composition of general government current
  consumption expenditure
• Other Activities
• Input-Output Tables

5
ESTIMATION OF GDP/GNP

• GDP(FC) Gross Domestic Product (GDP) is
• the market value of all final goods
• and services produced at factor
  cost (FC) in the economy during a
  particular period
• GDP (MP) GDP (FC) Net Indirect Taxes
• GNP (FC) GDP (FC) Net Factor Income
• (NFI) from abroad.
• GNP (MP) GNP (FC) Net Indirect Taxes

6
ESTIMATION APPROACHES

• i)     Production Approach
• ii)    Income /Cost Approach
• iii)   Expenditure Approach

7
GROSS FIXED CAPITAL FORMATION (GFCF)
8
CROPS
9
LIVESTOCK
10
FISHING
11
FORESTRY
12
MINING QUARRYING
13
LARGE-SCALE MANUFACTURING
14
SMALL-SCALE MANUFACTURING
15
CONSTRUCTION
16
ELECTRICITY, GAS DISTRIBUTION WATER SUPPLY
17
TRANSPORT, STORAGE COMMUNICATION
18
FINANCE INSURANCE
19
WHOLESALE RETAIL TRADE
20
OWNERSHIP OF DWELLINGS
21
PUBLIC ADMN. DEFENCE
22
COMMUNITY, SOOCIAL PRIVATE SERVICES
23
MAIN WEAKNESSES

• Poor Response
• Extrapolations and Estimations
• Adoption of SNA 1993