Data and Statistics
Last Updated: July 1, 2009
International Financial Statistics:
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National Accounts & Population
The summary data for national accounts are compiled according to the System of National Accounts (SNA). Gross Domestic Product (GDP) is presented in IFS as the sum of final expenditures, following the presentation of the 1993 SNA, as well as the European System of Accounts (1995 ESA).
The national accounts lines shown in the country tables are as follows:
Household Consumption Expenditure, including Nonprofit Institutions Serving Households (NPISHs) (line 96f), Government Consumption Expenditure (line 91f), Gross Fixed Capital Formation (line 93e), Changes in Inventories (line 93i) (formerly Increase/Decrease(-) in Stocks), Exports of Goods and Services (line 90c), and Imports of Goods and Services (line 98c).
Household Consumption Expenditure, including Nonprofit Institutions Serving Households (NPISHs) (line 96f) consists of the expenditure incurred by resident households and resident NPISHs on individual consumption goods and services. Government Consumption Expenditure (line 91f) consists of expenditure incurred by general government on both individual-consumption goods and services and collective-consumption services.
Gross Fixed Capital Formation (line 93e) is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period, plus certain additions to the value of nonproduced assets (such as subsoil assets or major improvements in the quantity, quality, or productivity of land). Changes in Inventories (line 93i) (including work-in-progress) consist of changes in (1) stocks of outputs that are still held by the units that produced them before the outputs are further processed, sold, delivered to other units, or used in other ways and (2) stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing.
Exports of Goods and Services (line 90c) consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents. Imports of Goods and Services (line 98c) consist of purchases, barter, or receipts of gifts or grants of goods and services by residents from nonresidents. Gross Domestic Product (GDP) (line 99b) is the sum of consumption expenditure (of households, NPISHs, and general government), gross fixed capital formation, changes in inventories, and exports of goods and services, less the value of imports of goods and services.
Net Primary Income from Abroad (line 98.n) is the difference between the total values of the primary incomes receivable from, and payable to, nonresidents. Gross National Income (line 99a) is derived by adding net primary income from abroad to GDP.
Gross National Income (GNI) (line 99a) is derived by adding Net Primary Income from Abroad (line 98.n) to GDP. Gross National Disposable Income (GNDI) (line 99i) is derived by adding Net Current Transfers from Abroad (line 98t) to GNI, and Gross Saving (line 99s) is derived by deducting final consumption expenditure (lines 96f + 91f) from GNDI. Consumption of Fixed Capital (line 99cf) is shown for countries that provide these data.
The country table notes in the monthly issues provide information on which countries have implemented the 1993 SNA or the 1995 ESA.
The national accounts lines generally do not explicitly show the statistical discrepancies between aggregate GDP compiled from expenditure flows as against GDP compiled from the production or income accounts (or from a mixture of these accounts). Hence, in some cases, the components of GDP that are shown in IFS may not add up exactly to the total.
For countries that publish quarterly seasonally adjusted data, the data in IFS in the monthly issues are also on a seasonally adjusted basis (codes ending with c or r). For the United States, Japan, Canada, South Africa, Argentina, and Mexico, quarterly data are shown at annual rates, which the country authorities provide as such.
Lines 99b.p and 99b.r are measures of GDP volume at reference year value levels. In the past, these series used a common reference year (e.g., 1990) for publication. With the June 1999 issue, these series are published on the same reference year(s) as reported by the national compilers. The code p indicates data that are not seasonally adjusted, whereas code r indicates data that are seasonally adjusted.
Lines 99bvp and 99bvr are GDP volume indices that are presented on a standard 2005 reference year and are derived from the GDP volume series reported by national compilers. For this calculation the data series provided by national compilers are linked together (if there is more than one series) to form a single time series. The earliest overlapping year from the different reference year series is used to calculate the link factors. Chain-linked GDP volume measures are provided for the following countries: Australia, Austria, Belgium, Canada, Croatia, Czech Republic, Denmark, Euro Area, Finland, France, Germany, Greece, Ireland, Italy, Japan, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Switzerland, United Kingdom, and United States.
The GDP Deflator (lines 99bip or 99bir) are not direct measurements of prices but are derived implicitly: the GDP series at current prices is divided by constant price GDP series referenced to 2005. The latter series is constructed by multiplying the 2005 current price GDP level by the GDP volume index (2005=100). The deflator is expressed in index form with 2005=100.
Population
Data on Population are provided by the Population Division of the Department of Economic and Social Affairs of the United Nations. These data represent mid-year estimates and are revised every two years.