St. Lucia Technical Assistance Report—Rebasing GDP Mission.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Statistics Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2020/164

IMF Staff Country Reports

Language:

English

Subjects (All):

Population assistance, American.

Physical Description:

1 online resource (24 pages) : illustrations.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2020.

Summary:

A technical assistance mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre to Saint Lucia to provide advice to the Central Statistics Office (CSO) on compiling rebased gross domestic product estimates. The CSO is responding to the needs of the Ministry of Finance for more robust and timely national accounts statistics. All the Gross domestic product by economic activity (GDP-P) compilation workbooks have now been redeveloped and revised current and constant 2018 price quarterly and annual estimates have been compiled up to Q3 2019. The incorporation of revised data on tourist expenditure for 2000 onward have also resulted in revisions to the GDP-P current rice estimates and real growth rates. The revised annual and quarterly GDP-P estimates were assessed, and several methodological improvements were implemented. Improvements were made to the constant price estimates by reviewing and replacing weaker volume indicators. Training on the methodological changes and compiling the rebased estimates has been provided. The training on methodological improvements included the use of the more representative employment indicators and various price indices discussed above; back-casting and linking techniques for the current price estimates and linking the constant 2006 price series with the constant 2018 price series.

Contents:

SUMMARY OF MISSION OUTCOMES AND PRIORITY RECOMMENDATIONS COMPILING THE SUT AND REBASING OF GDP A. Update of the SUT Benchmark Estimates B. Compilation of the Revised GDP Estimates DETAILED TECHNICAL ASSESSMENT AND RECOMMENDATIONS A. Officials Met During the Mission TABLES 1. Priority Recommendations 2. Reasons for the Change in the GDP Level APPENDICES I. Summary Supply and Use Tables II. Contributors to the Increase in the GDP Level III. GDP-P Compilation Methodology IV. Revised Annual GDP-P Estimates.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781513544250

151354425X