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Learn about the experience of the Republic of Belarus in collecting, processing, and distributing short-term statistics related to industrial production, stocks of finished products, and more.
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COLLECTION, PROCESSING AND DISTRIBUTION OF SHORT-TERM STATISTICS EXPERIENCE OF THE REPUBLIC OF BELARUS Head of Main Department of the Industrial Statistics of the National Statistical Committee of the Republic of Belarus Dovnar O.A.
INITIAL DATA monthly on 4th working day arrives data: • industrial production (works, services of an industrial nature) in terms of value • Production of industrial production in physical quantity • shipment volume of industrial production (works, services of an industrial nature) in terms of value • stocks of finished products in terms of value • stocks of finished products in physical quantity
METHODOLOGY • National classifications of economic activities in the 4-digit harmonized with NACE, ed.1.1 and at the level of 2 digits ISIC, ed. 3 • based on a set of representative goods • Gross value added by activity for the base year (t-2) • annually • annually Classifier : Calculation : Weights for aggregation: Changing the base year : Revision of the representative goods
Qt, Qt-1, Qb –amount of produced production for the reporting month (period) in the previous month (period) and a monthly average of base year Pb– average unit price in the base year n– the number of representative goods involved in the calculation of the index in the subclass it/b- indices in the reporting period t (month or period from the beginning of the reporting year), and a monthly average of produced production of the base year it-1/b- indexes in the previous period t-1 (the previous month, the corresponding month of last year or relevant period from the beginning of last year), the monthly average of produced production of the base year it/t-1- indices in the reporting period t compared to the previous period t-1 FORMULA FOR CALCULATION OF THE INDICES OF PRODUCTION by elementary type of economic activity (subclass)
HYPOTHETICAL EXAMPLE OF CALCULATION OF THE INDEX OF PRODUCTION by subclass of "manufacture of luggage, handbags and similar articles"
W= V ×Dw:100 W– gross value added V– volume of industrial production Dw– share of gross value added in a volume of industrial production FORMULA FOR CALCULATION OF GROSS VALUE ADDED
HYPOTHETICAL EXAMPLE OF CALCULATION OF GROSS VALUE ADDED by subclass "Leather, leather products and footwear"
FORMULAE OF CALCULATING AGGREGATE PRODUCTION INDICES by classes, groups, partitions, sections NCEA and for the whole industry It/t-1= It/b: It-1/bх 100 It/b, It-1/b- aggregate indices for time periods t and t-1, respectively, compared with average monthly production of the base year It/t-1– aggregate index for the period of time t, as a percentage of the time period t-1 it/b, it-1/b– indices by subclasses (classes, groups, partitions, sections NCEA), included into classes (groups, sections, sections of the NCEA and the whole industry) for the period of time t and t-1, respectively, compared with average monthly production of the base year W– gross value added of the base year by subclasses (classes, groups, partitions, sections NCEA), included into classes (groups, sections, sections of the NCEA and the whole industry) m– amount of subclasses (classes, groups, divisions, sections NCEA), included respectively in classes (groups, sections, sections of the NCEA and the whole industry)
FORMULA OF CALCULATING OF THE TOTAL INDEX OF INDUSTRIAL PRODUCTION BY FULL RANGE OF ORGANIZATIONS, engaged in industrial production : Ifull_range— production index by type of economic activity by the full range of organizations engaged in industrial production Iprod.— production index of big and middle industrial organizations Dprod.— share of production volume auxiliary industrial production in total industrial production in the base period Iauxil.—industrial production index by auxiliary industrial productions Dauxil.— share of total industrial production auxiliary industrial production in total volume of industrial production in the base period Isb— production index of subjects of small business Dsb— share of volume of industrial production small business subjects in total volume of industrial production in the base period
HYPOTHETICAL EXAMPLE OF INDEX CALCULATION by subsection "Production of leather, products from leather and footwear manufacturing"
FORMULA OF CALCULATING THE VOLUME OF INDUSTRIAL PRODUCTION by auxiliary industrial production and subjects of small business by each type of economic activity Vauxil.+sb— volume of industrial production of auxiliary industrial production and subjects of small businesses in the reporting period V prod.—volume of industrial production of large and medium industrial organizations in the reporting period К— ratio between the volume of industrial production of auxiliary industrial production and subjects of small businesses, and the volume of industrial production of large and medium industrial organizations
FORMULA OF CALCULATING OF THE RATIO on each activity Ifull_range— production index of by full range of organizations engaged in industrial production in the reporting period Iprod..—production index of large and medium industrial organizations in the reporting period Dprod..— share of volume of industrial production of large and medium Industrial organizations in the total volume of industrial production in the base period
FREQUENCY OF CALCULATION • The first estimate (preliminary data) – monthly on the 11th day • The second estimate (specified data) -once a year on the 11th day of January of a year following the reporting • The third estimate (final data) – once a year in July of a year following the reporting
PUBLICATIONS • monthly report "Socio-economic situation of the Republic of Belarus“ • statistical collections and bulletins issued by Belstat • “Statistics of Belarus” magazine • official website of Belstat: www.belstat.gov.by • site of the International Monetary Fund in accordance with the Special Data Dissemination Standard of the International Monetary Fund • Data provided by government agencies, other entities, academic institutions, international organizations, individuals
Seasonally adjusted gross domestic product by using X-12-ARIMA
СЕЗОННАЯ КОРРЕКТИРОВКА ВАЛОВОГО ВНУТРЕННЕГО ПРОДУКТАSeasonally adjusted gross domestic product
Seasonally adjusted gross domestic product excluding agriculture