NESDB THAILAND International workshop on measuring GDP by final demand approach 25-27 April 2011,...
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Transcript of NESDB THAILAND International workshop on measuring GDP by final demand approach 25-27 April 2011,...
NESDB THAILANDInternational workshop on measuring GDP by
final demand approach25-27 April 2011, Shenzhen, China
Outlines
2
Overview
3
STRUCTURE (%) 200
52006 2007 2008 2009p
Private Consumption Expenditure57
2558
53.4
55.1
55.2
General Government Consumption Expenditure
11.9118.
12.2
12.3
13.4
Gross Fixed Capital Formation28.9281.
26.4
27.4
24.1
Change in Inventories 25. 02. 00. 17. -29.
Plus : Exports of Goods and Services73.6736.
73.4
76.4
68.4
Exports of Goods62.1617.
61.1
64.2
57.0
Exports of Services11.4120.
12.3
12.2
11.3
Less : Imports of Goods and Services74.7702.
65.0
73.9
57.8
Imports of Goods66.7612.
56.0
64.4
49.6
Imports of Services 80. 89. 90. 95. 82.
Expenditure on Gross Domestic Product 99.5994
100
4
99.1
100
4
Plus : Statistical Discrepancy 05. 06. -04. 09. -04.
Gross Domestic Product, (GDP)100
0
100.0
100
0
100
0
100
0
4
Definition & coverage
5
Net export (NX) = Export (X) – Import (M)
Definition & coverage
6
Export and import of goods and services from Balance of Payments: Goods and services account
Goods : all categories of goods pass through customs formalities and data adjustment for Balance of Payments basis
Value of export of goods at f.o.b.
Value of import of goods at c.i.f.
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Definition & coverage
ServicesExport of services = Services
receiptsImport of services = Services
paymentsServices include:
o Transportationo Travelo Government services n.i.e.o Other services e.g. communication
services, construction services, royalties and license fees, insurances services, etc.
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Definition & coverage
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SNA : use the same figures as in current account statistics
10
Method & some adjustments
BOP adjustment made to the Customs data include:• Exclusion e.g. goods under
diplomatic privilege, rented items, sample goods, personal belongings and used furniture
• Inclusion e.g. satellite, some military goods, electricity from neighboring countries
• Other adjustments such as time of recording and exchange rate
11
Method & some adjustments
SNA adjustment made to import of services:
• Deduction of compensation of employees from services payments (other services)
Estimation of import and export of goods and services at constant prices in SNA
12
Method & Some adjustments
13
Classification and data sources
THANK YOUwww.nesdb.go.th
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