Annual National Accounts

1
Annual National Accounts

• 1. Situation of OECD annual national accounts
  database
• 2. New features of the joint OECD-Eurostat
  questionnaire
• 3. co-operation between Eurostat and OECD
• 4. Metadata
• 5. COFOG2 Project
• 6. NAWWE Project
• Working Party on National Accounts
• 3-5 October 2007
• ( Catherine La Rosa, Russel Penlington )

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1. Situation of OECD annual national accounts
database

• Joint OECD-Eurostat questionnaire for the
  transmission of data
• EU OECD countries should send their data to both
  organisations.
• Information should be added to data when changes
  of definition or mix of definitions in the same
  file.
• Availability of data (see table pages 3-4)
• Improvements in completeness, timeliness and
  coverage.
• Significant weakness tables 1400 and 2000.
• Dissemination of data (paper, CD-ROM and OLISnet)
• Volume 1 Main aggregates - in January, free
  access on Internet for all users.

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1. Situation of OECD annual national accounts
database (ctd)

• Volume 2 Detailed tables - in July the
  electronic version covers, in addition, detailed
  non-financial accounts by sectors. Free access to
  officials via OLISnet, in OECD.STAT
• Volume 4 General Government Accounts - in
  December . Free access to officials via OLISnet,
  in OECD.STAT
• OECD.STAT (via Olisnet) daily updated
• Methodological changes
• FISIM
• For most Member countries FISIM allocated to
  industries and institutional sectors
• Situation of UK (2008 ?), JPN (test), MEX, NZL,
  TUR ?
• TUR SNA93 ?

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2. New features of the joint OECD-Eurostat
questionnaire

• April 2007 OECD sent the new questionnaire to
  non EU countries.
• Old codes
• August 2007 Eurostat sent the new questionnaire
  to EU countries
• New codes (new key family)
• Some additional series compared to the April
  version sent by the OECD.
• September 2007 OECD sent a revised version of
  the new questionnaire to non EU countries
• New codes
• Additional series tables 0117, 0800, 1100, A31
  breakdown added to the A17 and A60

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2. New features of the joint OECD-Eurostat
questionnaire (ctd)

• Receipt of new questionnaires KOR, NZL, USA
• OECD annual national accounts database
• Structure already modified
• Updates KOR done, NZL and USA being process.

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3. Co-operation between Eurostat and OECD

• Joint correspondence to EU countries
• Treatment of table 0800
• Joint mission to London

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4. Metadata

• General government metadata
• Employment metadata

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5. COFOG 2

• Transmission of data 12 EU OECD countries plus
  Norway
• No transmission from non-EU OECD countries.
• High interest from users
• Focus on Health, Education and Social protection

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6. NAWWE Project

• Current situation
• In September 2007 the EuroStat data collections
  questionnaire was finalised.
• NAWWE web site registry to save SMDX-ML URLs.
• Future work
• Update the final code lists and data structure
  definition files.
• Transformation of SDMX-ML CSV
• Visualisation tools for viewing national accounts
  data.

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Recommendations

• Data should be transmitted on the day the data
  are released by the Member country to our generic
  account sna.contact_at_oecd.org.
• Special effort should be made to supply tables on
  fixed assets.
• Non EU-OECD countries are asked to consider
  providing COFOG 2 data for Health, Education and
  Social protection.
• European Member countries are asked to send the
  questionnaire to both OECD and Eurostat at the
  same time.