Review of the latest development of the SNA 1993 and the related data collection requirements

1. Review of the latest development of the SNA 1993 and the related data collection requirements Giovanni Savio Chief, Economic Statistics Section Statistics Division, UN-ESCWA High Level Meeting on Mainstreaming Sectoral Statistical Systems into the NSDS QSA, Doha, 12-13 October 2009

2. Background on 2008 SNA Is the new 2008 SNA really new? Minimum Data Requirement (MDR) Challenges in the UN-ESCWA region Concluding, major gaps in WA … Presentation plan

3. In February 2009 the Statistical Commission approved Vol. 2 of the 2008 SNA, thus completing a revision process of the 1993 SNA that started some 6 years ago in 2003 The revision was generated to bring the accounts in line with the new economic and financial environment, advances in methodological research, and users’ needs Guidelines for the revision process No fundamental or comprehensive change to the 1993 SNA that would impede its implementation Consideration of feasibility of implementation Consistency with related statistical systems Background on 2008 SNA

4. 44 issues identified for review in the areas of: non-financial assets; financial services and instruments; government and public sector; RoW; units; informal sector and illegal activities Implementation strategy supported by the SC, based on actions to improve the NSSs: strategic planning, coordination, monitoring and reporting Five modalities of implementation: training, technical cooperation, manuals, research and advocacy The RCs and their advisory committees have an important role in facilitating coordination and regional cooperation in the SNA implementation Institutional set up discussed during the EGM on NA, Cairo, May 2009, close to arrangements for ICP Background on 2008 SNA cntd.

5. Changes and improvements introduced were perhaps more than forecasted at the beginning, where the title was supposed to be changed to 1993 SNA Rev.1 … … however, the overall structure proposed, the philosophy followed and the approaches suggested are unchanged For example, MCs still following 1968 SNA might move directly to 2008 SNA, as is the case for the new classifications adopted (ISIC, CPC etc.) Consequently, basic data requirements, tables to be transmitted, definition of phases of implementation etc. remain essentially the same Is the new 2008 SNA really new?

6. Minimum Data Requirement (MDR) Milestones

7. MDR cntd. Scope of Comp. of 1993 SNA Tables and Accounts (a)

8. MDR cntd. Scope of Comp. of 1993 SNA Tables and Accounts (b)

9. MDR cntd. Scope of Comp. of 1993 SNA Tables and Accounts (c)

10. MDR cntd. Scope of Comp. of 1993 SNA Tables and Accounts (d)

11. MDR cntd. Scope of Comp. of 1993 SNA Tables and Accounts (e)

12. Challenges in the ESCWA region Implementation Milestones in the UN-ESCWA region

13. Challenges in the ESCWA region cntd. Meeting Minimum Data Requirements in 14 MCs of ESCWA

14. Challenges in the ESCWA region cntd. Basic data requirements for Annual Accounts

15. Challenges in the ESCWA region cntd. Basic data requirements for Quarterly Accounts

16. Business registers / updating Constant price estimations, especially demand-side GDP Income-side estimation Exhaustiveness (i.e. informal sector) Complete set of accounts Availability of short-term indicators of economic activity, employment and wages Concluding, major gaps in WA …

17. Thank you Giovanni Savio UN–ESCWA, UN House, Riad El Solh Square, Beirut (LB) savio@un.org