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State of Qatar Statistics Authority. GDP by Income Approach and Accounts of Household Sector For Qatar Experience. Prepared by : Aisha Al- Mansoori Statistical Researcher Population & Social Department Statistics.
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State of Qatar Statistics Authority GDP by Income Approach and Accounts of Household Sector For Qatar Experience Prepared by : Aisha Al-Mansoori Statistical Researcher Population & Social Department Statistics International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
GDP by Income Approach = Compensation of employees (COE) + Mixed Income (MI) + Other Taxes less Subsidies on Production + Gross Operating Surplus. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Factor Incomes • Labor - Compensation of employees: • Fixed capital that are own-used in production provides mixed income; • Non-produced assets provide rents; and • Investment of financial capital provides dividends and interest. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
GDP by Income Approach * Not calculated directly in the State of Qatar.* However, compiled indirectly using residual method for estimating Operating Surplus (OS)/MI International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
GDP by Income Approach * Specially for HH sector, it is difficult to capture MI through Household Income and Expenditure Survey (HIES).* Used broadly for the Cross Checking the estimates generated by Production and Expenditure Approach. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Institutional sectors of economy Govt. Corp. NPISH Economy House hold International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Household institutional sector accounts • These are a set of accounts describing the activities and the economic behaviors of households • Factors of production – labor and capital (in the form of fixed asset capital and in the form of non produced asset like Land) International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Uses of Household Sector Accounts Data provided by the accounts help in study of economic behavior of households particularly with respect to their final consumption expenditure and savings, and investment in both fixed assets and financial assets. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Primary Data Source for Household Sector Accounts • In the State of Qatar, Household Income and Expenditure Survey (HIES) are conducted once in five years • 2006-07 is the fourth in series; and • The first was carried out in 1982 -1983 , while the second was in 1988 and the third was in 2000/2001 International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Coverage The income data is collected on all sources under the following items: • Income from wages and salaries • Income from businesses and free enterprises • Income from profits and interest • Government transfers • Current transfers from others • Other incomes. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Coverage • Estimated rent value of the owned residence occupied by the household • Estimated rent value of the residence given by the employer • Estimates of Food stuffs and goods produced by the household. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Coverage • Indicators are also available as per economic activities; and • These correspond to some of the components of GDP. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Main findings of the survey A-Qatari Households' Monthly Expenditure: 1- Development of expenditure between 2000/2001 and 2006/2007 2- Classification of Qatari households by expenditure categories. 3- Impact of the monthly income level on the household’s expenditure pattern 4- Measurement of consistency in expenditure levels B- Non-Qatari Households Monthly Expenditure 1- Development of expenditure between 2000/2001 and 2006/2007 2- Classification of Non-Qatari households by expenditure categories 3- Impact of the monthly income level on the household’s expenditure pattern 4- Measurement of consistency in expenditure levels C- Household expenditure by categories of goods and services D- Income overall indicators. E- Average monthly consumption of some major goods International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Source Comparison for Household Accounts International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Source Comparison for Household Accounts International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Source Comparison for Household Accounts International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Data Source Comparison for Household Accounts International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Because of partial coverage of households in the HIES, National Accountants have to make necessary adjustments for compiling the HH sector accounts. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012
Thank you for your attention… International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, in Beijing, China 26-29 March 2012