STD/CSTAT/WPNA(2006)12 Working Party on National Accounts

For Official Use STD/CSTAT/WPNA(2006)12 Organisation de Coopération et de Développement Economiques Organisation for Economic Co-operation and Development 02-Oct-2006 ___________________________________________________________________________________________

English - Or. English STATISTICS DIRECTORATE COMMITTEE ON STATISTICS

Working Party on National Accounts

THE SITUATION OF ANNUAL NATIONAL ACCOUNTS DATA AND METADATA TRANSMISSION TO THE OECD AND NAWWE PROGRESS REPORT

To be held on 10-12 October 2006 Tour Europe - Paris la Défense Beginning at 9:30 a.m. on the first day

This document has been prepared by Catherine La Rosa, OECD/STD, Chantal Nicq, OECD/ECO, Nobuko Miyachiyo and Russell Penlington, OECD/STD

For further information, please contact: Catherine La Rosa E-mail: [email protected]

JT03214765

Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format

STD

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For Official U

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English - O

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STD/CSTAT/WPNA(2006)12

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THE SITUATION OF ANNUAL NATIONAL ACCOUNTS DATA AND METADATA

TRANSMISSION TO THE OECD AND NAWWE PROGRESS REPORT

1. The objective of this paper is to inform experts participating in the 2006 OECD national accounts meeting of the situation regarding the collection and dissemination of annual national accounts data and metadata in the OECD and also to inform them of progress with NAWWE (National Accounts World-Wide Exchange). Besides being a forum on national accounts issues, one of the missions of the OECD Statistics Directorate is to collect and disseminate national accounts data, both on a country basis and on a geographically aggregated �area� basis. OECD is proud to be one of the best sources of international data, through its public databases and its publications.

2. It has long been the case that all Member national statistical offices and other partner organisations have had access to most of the national accounts held by the OECD Secretariat on OLISnet. A new dissemination system, OECD.STAT is now available to those users via OILSnet. This system provides access to a huge amount of OECD data, spanning many subjects, in one integrated and easy-to-use system. In addition, a sub-set of these data, including all the main national accounts aggregates, is available to anyone free of charge via the OECD�s Statistics Portal. More detailed information about OECD.STAT is given in OECD.STAT: the dissemination policy of the OECD, item 19.

The situation of the annual national accounts database

3. This database contains a large set of consistent and comparable SNA 93 annual data, using common classifications, for all OECD Member countries, with the exception of Turkey which is still using the SNA 68. Priority has been given to full comparability, but slight inconsistencies may appear with the headline national presentation of data if the country does not apply SNA 93 to the full extent or does not use the same classifications. The data are less timely than national data, due to the time it takes for countries to transmit the data and the time it takes for the data to be validated. The annual national accounts service is highly relevant to the work of many users both within and outside the OECD. The production of some key OECD outputs (e.g. country analyses and forecasts) is dependent on the national accounts data that the annual national accounts service provides. This is particularly the case for the Economics Department, which is regarded as the main client.

4. A joint OECD-Eurostat national accounts questionnaire is used to collect the data. This questionnaire is sent by Eurostat to European countries and by the OECD to non-European Member countries of the OECD.

Transmission of data

5. Transmission of national accounts data to the OECD is based on this common questionnaire and it should be sent to [email protected] . For European Member countries, the questionnaire is strictly identical to the questionnaire to be transmitted to Eurostat. It is therefore recommended for European countries to send the questionnaire tables to the OECD and Eurostat using the same Email, with two different addresses, one for Eurostat and the other for the OECD ([email protected]). It is highly recommended that data transmission to the OECD is made the very same day as the data are published by


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the national statistical office. Release dates are closely followed by our desk-economists who expect to access the data on the OECD database when they are available in the databases of Member countries.

Availability of data

6. The OECD database covers the tables 0101 to 0119, 0200, 0301 to 0303, 0501, 0502, 06, 07, 0800, 0900, 1100, 1400 and 2000 of the national accounts questionnaire. Table 1, below, shows the situation of countries regarding the questionnaire tables transmitted to the OECD and the data coverage. This table is used as the input for the regular �Data transmission report� submitted to the OECD Committee on Statistics, which comprises heads of statistical offices of OECD countries. Country representatives should therefore closely analyse its content.

Tables 06 (Financial accounts by sector) and tables 07 (Balance sheets for financial assets and liabilities by sector) are not covered in this overview because they are addressed in a separate report to be discussed at the OECD Working Party on Financial Statistics held on 9-10 October 2006.


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Table 1 - DATA AVAILABILITY AND COVERAGE (mid September 2006)

Quest. Table Questionnaire SNA93/ESA95 AUS AUT BEL CAN CZE DNK FIN FRA DEU DEW GRC HUN ISL IRL ITA JPN

0101 Gross value added at basic prices and gross domestic product 89-04 76-05 80-05 70-02 90-05 66-05 75-05 78-05 91-05 70-91 95-05 95-04 73-04 90-04 70-05 80-040102 Gross domestic product identity from the expenditure side 59-04 76-05 80-05 70-05 90-05 66-05 75-05 78-05 91-05 70-91 60-05 95-05 70-05 90-05 70-05 80-040103 Gross domestic product identity from the income side 59-04 76-05 80-05 70-05 92-05 66-05 75-05 78-05 91-05 70-91 95-05 95-04 70-05 90-05 70-05 80-040104 Final consumption 59-04 76-05 80-05 70-05 90-05 66-05 75-05 78-05 91-05 70-91 60-05 95-05 90-05 90-05 70-05 80-040105 Gross capital formation 59-04 76-05 95-99 70-05 90-05 66-05 75-05 78-05 91-05 70-91 60-05 95-04 80-05 90-05 70-05 80-040106 Exports and imports of goods (fob) and services 59-04 76-05 80-05 70-05 90-05 88-05 75-05 78-05 91-05 70-91 95-05 95-05 70-05 90-05 70-05 80-040107 Disposable income 59-04 76-05 80-05 70-05 92-04 66-05 75-05 78-05 91-05 70-91 60-05 95-04 70-05 90-05 70-05 80-040108 Saving and net lending/borrowing 59-04 76-05 80-05 70-05 92-04 66-05 75-05 78-05 91-05 70-91 60-05 ... 70-05 90-05 70-05 80-040109 Real disposable income 59-04 76-05 80-05 71-05 .. 88-05 75-05 78-05 91-05 70-91 95-05 .. 70-05 90-05 70-05 80-040110 Population and Employment 85-04 76-05 83-05 70-05 93-05 88-05 75-05 78-05 91-05 70-91 95-05 92-05 70-05 95-04 82-05 70-040111 Employment and full time equivalents by industry 85-03 76-05 81-05 61-05 95-05 88-05 75-05 78-05 91-05 70-91 95-04 92-0 70-97 o95-04 70-05 80-04 0112 Compensation of employees by industry 89-04 76-05 80-05 70-02 92-05 88-05 75-05 78-04 91-05 70-91 95-05 95-04 73-04 o90-04 70-05 90-040113 Gross value added by industry (A17) 89-04 .. t 03 .. t 03 81-02 90-05 .. t 03 .. t 03 78-05 .. t 03 .. t 03 95-04 95-04 73-04 90-04 70-05 80-040114 Employment by industry (A17) 70-03 .. t 03 .. t 03 61-05 95-05 .. t 03 .. t 03 90-04 91-04 .. t 03 95-04 95-04 70-97 o95-04 70-05 80-04 0115 Compensation of employees by industry (A17) 89-04 .. t 03 .. t 03 70-02 92-05 .. t 03 .. t 03 78-04 .. t 03 .. t 03 95-04 95-04 73-04 90-04 70-05 90-04 0116 Final consumption expenditure of households by purpose (COICOP) 59-04 .. t 05 .. t 05 70-05 95-03 .. t 05 .. t 05 59-05 .. t 05 .. t 05 60-04 95-04 90-05 90-05 70-05 80-040117 Final consumption of households by durability 59-04 .. .. 70-05 95-05 .. .. 59-04 .. .. 95-04 95-04 90-05 95-05 70-05 80-040118 Gross operating surplus by industry (A17) 89-04 .. t 03 a.. t 03 70-05 92-04 .. t 03 .. t 03 78-04 .. t 03 .. t 03 95-04 95-04 73-04 90-04 .. t 03 90-040119 Simplified non-financial accounts by institutional sector 59-04 .. t 08 85-04 70-05 92-03 .. t 08 .. t 08 78-05 .. t 08 .. t 08 95-04 95-01 .. .. .. t 08 90-040200 Main aggregates of General Government 59-04 76-05 70-05 70-05 92-05 71-05 75-05 78-05 91-05 70-91 88-05 95-05 90-05 85-05 80-05 90-040301 Value added and its components, by industry (A31) .. 76-05 95-04 70-02 90-04 66-05=75-05 78-05 91-04 70-91 95-04 95-04 90-04 95-04 70-04 90-04 0302 Capital formation by industry (A31) .. 76-04 95-04 70-01 95-04 93-02 75-05 95-05 91-04 70-91 95-04 95-04 97-05 f95-05 70-03 ..0303 Labour input by industry (A31) 85-98 76-04 95-04 61-05 95-04 66-05 75-05 90-04 91-04 70-91 95-04 95-04 70-97 o95-04 70-04 80-040501 Final consumption expenditure of households by purpose 59-04 76-04 95-04 70-05 95-04 66-05 75-05 59-05 91-04 80-91 95-04 95-04 90-05 90-05 70-05 80-040502 Final consumption expenditure of households (nc, dc) 59-04 76-04 95-04 70-05 95-04 66-05 75-05 59-05 91-04 80-91 95-04 95-04 90-05 90-05 70-05 80-040800 Non-financial accounts by institutional sector (detailed) .. 95-05 85-04 .. 92-04 81-04 75-05 78-05 91-04 80-90 95-04 04-04 .. .. 80-04 80-040900 Detailed tax and social contribution receipts by type and by subsector 98-02 88-04 70-04 70-05 95-03 95-05 95-05 78-05 91-04 .. 95-04 95-04 90-04 95-04 90-04 90-041100 Expenditure of General Government by function 98-02 95-04 90-03 98-04 .. 90-04 90-04 95-04 91-04 .. 90-04 .. 90-04 90-04 90-04 90-041400 Fixed assets for total economy by industry (A17) and by product (Pi3) .. t 20 95-03 95-03 .. .. 99-03 75-04 90-05 91-04 .. .. .. .. .. 80-03 ..2000 Cross classification of fixed assets by industry (A31) and by product (Pi3) 59-04 .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..2600 Balance sheets for non-financial assets 88-04 .. .. 70-04 .. .. .. .. .. .. .. .. .. .. .. 96-04

.. Table not transmitted / data not available

.. t 03 Table not transmitted but derived from table 0395-04 No detailed breakdown


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Table 1 - D ATA AVAILAB IL ITY AN D C O VER AG E (m id Septem ber 2006) (c td )

Q uest. Tab le Q uestionnaire SN A93/ESA95 K O R LU X M E X N LD N ZL N O R P O L P R T S V K E S P S W E C H E TU R

sna68 G B R U S A

0101 G ross va lue added at bas ic prices and gross dom estic product 70-05 85-05 88-04 69-05 86-01 70-05 95-05 88-05 93-05 80-05 80-05 90-05 70-05 70-05 87-040102 G ross dom estic product identity from the expenditure s ide 70-05 85-05 88-04 69-05 86-04 70-05 95-05 88-05 93-05 80-05 80-05 90-05 70-05 70-05 70-050103 G ross dom estic product identity from the incom e s ide 70-05 85-05 88-04 69-05 86-04 70-05 95-05 95-05 93-05 80-05 80-05 90-05 87-04 70-05 70-050104 F ina l consum ption 70-05 85-05 88-02 69-05 86-04 70-05 95-05 88-05 93-05 80-05 80-05 90-05 70-05 70-05 70-050105 G ross capita l form ation 70-05 85-04 88-04 69-05 87-04 70-05 95-05 88-05 93-05 80-05 80-05 90-05 70-05 70-05 70-050106 E xports and im ports o f goods (fob) and services 70-05 85-05 88-04 87-05 86-04 70-05 95-05 88-05 93-05 80-05 80-05 90-05 70-05 70-05 70-050107 D isposable incom e 70-05 85-04 88-04 69-05 86-04 70-05 95-05 88-05 93-05 95-05 80-05 90-05 70-04 70-05 70-050108 S aving and net lending/borrow ing 70-05 85-04 88-04 69-05 86-04 70-05 95-05 88-05 93-04 95-05 80-05 90-05 70-04 70-05 70-050109 R eal d isposable incom e 70-05 .. 88-04 69-05 87-04 .. .. .. 93-04 95-05 80-05 91-05 .. 70-05 70-050110 P opulation and E m ploym ent 70-05 85-04 88-04 87-05 85-04 70-05 92-05 95-05 94-05 95-05 93-05 91-05 70-05 88-05 70-050111 E m ploym ent and fu ll tim e equiva lents by industry 80-05 85-05 o95-04 69-05 85-05 70-05 92-05 .. t 03 94-05 80-05 93-05 91-05 .. 79-05 70-050112 C om pensation of em ployees by industry 70-04 85-05 88-04 69-05 86-01 70-05 95-04 .. t 03 93-05 80-05 93-05 .. 87-04 70-05 70-050113 G ross va lue added by industry (A 17) 70-05 85-04 88-04 .. t 03 86-01 .. t 03 95-05 .. t 03 93-04 95-04 .. t 03 90-04 70-05 .. t 03 87-040114 E m ploym ent by industry (A 17) 92-05 85-04 88-04 .. t 03 85-05 .. t 03 92-04 .. t 03 94-05 95-04 .. t 03 91-05 .. .. t 03 70-050115 C om pensation of em ployees by industry (A 17) 70-05 .. t 03 88-04 .. t 03 86-01 .. t 03 95-04 .. t 03 93-05 95-04 .. t 03 .. .. .. t 03 70-050116 F ina l consum ption expenditure of households by purpose (C O IC O P ) 70-05 .. t 05 88-04 .. t 05 87-04 .. t 05 95-04 .. t 05 96-05 95-04 .. t 05 90-05 .. 70-05 70-050117 F ina l consum ption of households by durab ility 70-05 .. 88-04 87-05 87-04 .. 95-04 .. 96-05 .. .. .. 87-05 70-01 70-050118 G ross operating surp lus by industry (A 17) 70-04 .. t 03 r88-04 .. t 03 86-01 .. t 03 95-04 .. t 03 93-04 95-04 .. t 03 .. .. .. 87-040119 S im plified non-financ ia l accounts by ins titu tional sector 75-05 .. t 08 C93-02 80-05 86-00 .. t 08 95-05 .. t 08 92-04 95-04 .. t 08 90-04 .. 87-05 70-050200 M ain aggregates of G enera l G overnm ent 70-04 90-05 93-02 69-05 86-04 78-05 95-05 77-05 92-05 95-05 93-05 90-04 .. 70-04 70-050301 V alue added and its com ponents , by industry (A 31) 70-05 85-04 88-04 69-05 86-96 70-03 95-04 95-03 93-04, 95-04 93-03 .. .. 70-04 87-04 0302 C apita l form ation by industry (A 31) 70-04 .. 93-99 69-05 86-01 70-03 92-04 95-03 92-04 95-04 93-03 .. .. 70-04 ..0303 Labour input by industry (A 31) 70-05 85-04 o.. 69-05 89-05 70-03 92-05 95-03 94-04 95-04 93-03 .. .. 79-04 70-050501 F ina l consum ption expenditure of households by purpose 70-05 85-04 o88-04 87-05 80-03 95-04 88-03 96-04 95-03 95-04 .. .. 70-04 70-050502 F ina l consum ption expenditure of households (nc, dc) 70-05 85-04 88-04 87-05 87-02 70-03 95-04 88-03 96-04 95-04 95-04 90-03 .. 70-04 70-050800 N on-financ ia l accounts by ins titu tional sector (deta iled) 70-05 90-05 g93-02 80-05 .. 78-03 95-04 95-04 95-04 95-04 93-04 90-04 .. 87-04 ..0900 D eta iled tax and soc ia l contribution rece ipts by type and by subsector 75-04 70-05 93-02 95-05 97-04 95-05 95-04 95-04 93-04 95-04 93-05 90-04 .. 70-05 70-051100 E xpenditure of G enera l G overnm ent by function 70-04 90-05 93-02 95-05 97-04 90-04 .. 90-04 03-04 99-04 95-04 .. .. 90-05 70-041400 F ixed assets for to ta l econom y by industry (A 17) and by product (P i3) 77,87, .. .. 95-05 .. .. t 20 .. .. .. .. 95-01 .. .. .. ..2000 C ross c lass ification of fixed assets by industry (A 31) and by product (P i3) .. .. .. .. .. 80-02 .. .. .. .. .. .. .. .. ..2600 B alance sheets for non-financ ia l assets .. .. .. .. .. .. .. .. .. .. .. .. .. ..

.. Table not transm itted / data not ava ilab le

.. t 03 Table not transm itted but derived from tab le 0395-04 N o deta iled breakdown90-05 availab le on ly for genera l governm ent


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Since last year�s report, improvements have been achieved in terms of completeness, timeliness and, to a certain extent, in length of times series. Nevertheless, there is still a significant lack of data for the tables 1400 Fixed assets, 2000 Cross classification of fixed assets and 2600 Balance sheets for non financial assets. In particular, we would like to receive fixed assets data from Canada, Japan, the United Kingdom and the United States. It should be stressed that these data are of great interest to OECD economists and other users. It is clear from the table that European countries are generally better at supplying the data quickly to the OECD.

The OECD has special interest in the Table 2600 �balance sheet for non financial assets�. The data in this table are of special interest to analyse household holding gains on dwellings (and land). Unfortunately, this table is transmitted in full only by Australia, Canada and Japan. We have received some data from the Czech Republic, France, Germany, Netherlands, Poland, the Slovak Republic and the United States. More detailed information is given on paper COM/STD/DAF(2006)4 of the Working Party of the Financial Accounts. However, we would like to receive complete data for this table, including all non-financial assets, for the USA and European countries.

Dissemination of data

7. Annual national accounts of OECD countries are published in two separate volumes:

Volume I �Main aggregates� provides the main aggregates of national accounts: GDP by expenditure, GDP by output, GDP by income, disposable income, saving and net lending, population and employment. It also includes comparative tables based on exchange rates and comparative tables based on purchasing power parities (PPPs), expressed in US dollars and indices. The content of Volume I corresponds to tables 0101 to 0112 of the national accounts questionnaire. It is available in paper and CD-ROM versions in January of each year. The latest edition, January 2006, covers the period 1993-2004. An electronic version, which is updated daily, is available free of charge for all users on the Internet, via OECD.STAT.

CONTENTS of National Accounts of OECD Countries, Volume I

The paper publication is divided in the following four parts:

1. Main aggregates

Table 1. Gross domestic product: expenditure approach, current prices and 2000 prices.

Table 2. Gross domestic product: output approach, current prices and 2000 prices.

Table 3. Gross domestic product: income approach.

Table 4. Disposable income, saving and net lending.

Table 5. Population and employment in persons, national concept.

Table 6. Employment in persons and in full-time equivalents by industry, domestic concept.

2. Comparative tables based on exchange rates

- Gross domestic product � US dollars and indices

- Household final consumption expenditure � US dollars and indices

3. Comparative tables based on PPPs (purchasing power parities).

- Gross domestic product � US dollars and indices

- Household final consumption expenditure � US dollars and indices

4. Exchange rates, PPPs (Purchasing power parities), Population


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Volume II �Detailed tables� provides, in addition to the main aggregates, the following subjects: value added, compensation of employees, net taxes on production and imports, gross operating surplus, gross fixed capital formation and employment by industry; detailed final consumption expenditures (current and constant prices), simplified accounts for three main sectors (general government, corporations and households and non-profit institutions serving households). The content of Volume II corresponds to tables 0101 to 0119, 0200, 0301 to 0303, 0501 and 0502. It is available in paper and CD-ROM versions in July of each year. The latest edition, July 2006, covers the period 1993-2004 and includes provisional data for 2005. The CD-ROM covers, in addition, detailed non-financial accounts by institutional sectors (corresponding to table 0800 of the questionnaire): non-financial corporations, financial corporations, general government, central government, state government, local government, social security funds, households and non-profit institutions serving households and the rest of the world. An electronic version, which is updated daily, is available free of charge to all Member national statistical offices and other partner organisations via OLISnet, in OECD.STAT.


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CONTENTS of National Accounts of OECD Countries, Volume II

This paper publication is divided in the following 12 tables:

Detailed tables

Table 1. Gross domestic product: expenditure approach, current prices and 2000 prices.

Table 2. Gross domestic product: output approach, current prices and 2000 prices.

Table 3. Gross domestic product: income approach.

Table 4. Disposable income, saving and net lending.

Table 5. Population and employment in persons, national concept.

Table 6. Employment in persons and in full-time equivalents by industry, domestic concept.

Table 7. Gross value added at basic prices by industry (A31) at current prices and year 2000 prices.

Table 8. Components of value added by industry, in 31 industries: - Compensation of employees, - Wages and salaries, - Gross operating surplus and gross mixed income, - Other taxes less other subsidies on production.

Table 9a. Employment by industry, in 31 industries, in persons.

Table 9b. Employment by industry, in 31 industries, in full-time equivalents.

Table 10. Gross fixed capital formation by industry, in 31 industries, current and 2000 prices.

Table 11. Final consumption expenditure of households, current and 2000 prices.

Table 12. Simplified general government accounts.

Table 13. Simplified accounts for households and NIPSH and for corporations.

Supplementary tables: Non-financial accounts by institutional sectors.

- Available only on CD-ROM.

Table S11. Accounts for non-financial corporations.

Table S12. Accounts for financial corporations.

Table S13. Accounts for general government.

Table S1311. Accounts for central government.

Table S1312. Accounts for state government.

Table S1313. Accounts for local government.

Table S1314. Accounts for social security funds.

Table S14-S15. Accounts for households and non-profit institutions serving households.

Table S14. Accounts for households .

Table S15. Accounts for non-profit institutions serving households.

Table S2. Accounts for the rest of the world (external transactions accounts).


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Volume IV �General Government Accounts� is dedicated to government finance which is based on the System of National Accounts 1993. It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonized classification, COFOG. Detailed accounts are available for the general government sector. Data also cover the following sub-sectors, according to availability: central government, state government, local government and social security funds. The contents of volume IV correspond to tables 0200, 0900, 1100 and government sectors of tables 06 and 07. It is available in paper and CD-Rom in December of each year. The latest edition, December 2005, covers period 1993 to 2004. The CD-ROM covers, in addition, detailed accounts for general government sub-sectors whenever available An electronic version, which is updated daily, is available free of charge to all Member national statistical offices and other partner organisations via OLISnet, in OECD.STAT.

CONTENTS of National Accounts of OECD Countries, Volume IV

This paper publication is divided in the following tables:

I. Summary of general government aggregates and balances

II General government accounts (SNA 1993, simplified presentation)

II.1 General government

II.2 Central government

II.3 State government

III. Detailed taxes and social contribution receipts.

III.1 General government

III.2 Central government

III.3 State government

III.4 Local government

IV. Expenditure by function

IV.1 General government

Situation of the Metadata transmission to the OECD

8. Two metadata questionnaires were launched by Eurostat and the OECD in 2005/2006. The first one concerned general government accounts metadata and the other concerned employment metadata.

9. The general government accounts metadata questionnaire was sent by the OECD to countries at the end of 2005. Twenty-four countries had answered by the first quarter of 2006: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden, Switzerland, United Kingdom and United States. The metadata supplied were included in OECD.STAT in the summer of 2006. They have been attached to the countries� names under the themes �National Accounts� and �General Government accounts�, in the subjects �Taxes and social contributions receipts�, �Government expenditure by function� and �Main aggregates of general government�. These metadata are therefore accessible to all OECD.STAT users.


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10. The employment metadata questionnaire was sent by Eurostat to EU countries at the beginning of 2006 and by the OECD to non-EU countries in the spring 2006. Based on the responses to the questionnaire, Eurostat and the OECD prepared draft metadata that they sent to countries for agreement and comment in July 2006. Some countries have already sent their comments. The OECD is now incorporating the agreed text in OECD.STAT. As for the general government accounts metadata, employment metadata will be attached to the countries names, but on employment subjects: �Population and employment by main activities� and �Labour input by activity�. Thus, all these metadata will be accessible to all OECD.STAT users in the near future.

Methodological changes

11. In 2005 and 2006, most European countries introduced the allocation FISIM to user sectors/industries. This is one of the two major recent methodological changes made by many OECD countries; the other being the introduction of chained volume measures.

12. Financial intermediation services indirectly measured (FISIM) is generated by charging or paying different rates of interest to borrowers and lenders. Until 2004, most European countries had not allocated FISIM to user sectors/industries. This non-allocation implied that FISIM was treated as intermediate consumption by the economy as a whole. The allocation of FISIM to all users allows FISIM to be recorded as intermediate consumption for businesses and as final consumption for households, general government and non-profit institutions serving households, or as net exports. This implies an increase to the level of GDPI of approximately 1.5 % on average, but for a few countries it is much larger than this.

At the middle of September 2006 the situation among OECD Member countries with regard to sending data to the OECD is:

− Countries that have already sent allocated FISIM: Australia, Austria, Belgium, Canada, Czech republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Korea, Luxembourg, Netherlands, Poland, Portugal, Slovak republic, Sweden, Spain and the USA.

− Countries that plan to send allocated FISIM in the next few months (source Eurostat): Norway and the United Kingdom

− Countries which do not yet allocate FISIM in the data they send to the OECD: Japan, Mexico, New Zealand, Switzerland and Turkey.

Japan has undertaken a trial estimation of the allocation of FISIM in its annual national accounts, in parallel with FISIM unallocated.

The Secretariat is interested to know if Mexico, New Zealand and Switzerland have plans to supply the OECD with data in which FISIM is allocated to user sectors/industries.

The Secretariat would also be interested to know when Turkey plans to move from SNA68 to SNA93, including the allocation of FISIM.

13. Linkages in the OECD annual national accounts database

Most countries which have recently provided the OECD with accounts in which FISIM is allocated have sent their new sets of data for recent years only. In order to meet the demands of OECD economists for long, continuous time series and to avoid breaks in the annual accounts database, these new series have been linked to the old series and an estimation mark has been added to estimated data.

To be able to link the new series to the old series, the Secretariat needs to differentiate data relating to the old definition from data related to the new one. Therefore, we would be very grateful if countries could not mix data on the two definitions in the same files. If this cannot be avoided for technical reasons then


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we ask countries to clearly indicate the break. Moreover, we prefer not to receive data on the old definition if they include no changes (corrections or revisions).

The method used by the OECD to link the two definitions is the following: for each individual series, we calculate the quotient of the figure on the new definition to the figure on the old definition in the first year figures on the new definition are available. We apply this quotient to the data on the old definition for the period that data on the definition have not been provided. The same method is applied to both current and constant price data.

Example of calculations with the Luxembourg GDP at current prices: 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000

LUX.B1_GE.C old 9,180 10,155 10,725 11,843 12,731 13,215 13,928 15,491 17,007 18,739 21,279LUX.B1_GE.C new 15,110 15,797 16,421 17,415 19,887 22,001LUX.B1_GE mixed 9,180 10,155 10,725 11,843 12,731 15,110 15,797 16,421 17,415 19,887 22,001LUX.B1_GE linked 10,496 11,611 12,264 13,542 14,558 15,110 15,797 16,421 17,415 19,887 22,001

The linked GDP data avoid the break that would appear if the two definitions were put end to end. This meets the demand of our users, in particular the Economics Department of the OECD which incorporates such series in their forecast model and need, therefore, long and continuous time series.

These estimated data are presented in the OECD paper publications and electronic releases with an estimation mark attached to each datum estimated. Thus users are well informed that these data have been estimated by the Secretariat.

Extraction from OECD.STAT of the Luxembourg GDP data at current prices:

New features of the joint OECD-Eurostat national accounts questionnaire

14. Following the implementation of SNA93/ESA95, the OECD and Eurostat developed, in 1999, a common questionnaire for quarterly and annual national accounts. After three years of experience with questionnaire, a review was undertaken, starting in 2002. The general principles underlying the subsequent revision are harmonisation concerning both the concepts used in different tables and the coherence between different tables. It was also decided to simplify as much as possible the structure of the questionnaire by merging tables referring to the same aggregates and by reducing the total number of tables to be transmitted. The numbering of the tables will be reconsidered at the end of the review exercise.

15. The purpose of this note is to inform Member countries of the proposed revisions to the questionnaire. The current situation and proposed changes are shown in the following tables (table 2 and table 3). This proposed version is the same as the one presented to meeting of the National Accounts Working Party in 2005. You will find a correspondence table between the current version and the new proposal in the annex 1 to this note. The new questionnaire will be implemented for non EU countries in 2007. Eurostat will implement it for EU countries probably in the middle of 2007. We will send a first


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batch of tables to non EU countries in January so that they can adapt. The bulk of the proposed revisions to the tables can be divided into the following headings: reorganisation, suppression and extension.

Reorganisation of tables

16. Several of the tables 0101-0112 are merged:

− Tables 0104, 0105 and 0106 are integrated in table 0102. There is a new breakdown of GFCF by fixed non-financial assets AN_F6 (instead of products Pi6) as follows:

• AN1114 Cultivated assets • AN11132 Other machinery and equipment • AN11131 Transport equipment • AN1111 Dwellings • AN1112 Other buildings and structures • AN112 Intangible fixed assets

The existing Pi6 breakdown is: - Pi61 Products of agriculture, forestry, fisheries and aquaculture - Pi62 Metal products and machinery - Pi63 Transport equipment - Pi64 Housing - Pi65 Other constructions - Pi66 Other products

− Table 0108 is merged with table 0107.

− Table 0112 is integrated in table 0103.

Suppression and reduction of tables

− Tables 0113 to 0116 and 0118, which are reduced versions of the current tables 3 and 5, are dropped.

− Table 0111 and 0303: Full-time equivalent is dropped, only number of persons and number of hours worked are maintained.

− Table 0119 is dropped but will be continued for non EU countries for a transition period.

− Table 0800: the number of detailed transactions has been reduced from about 200 to 130. Namely, some details at the three digit level have been dropped. Moreover, the number of sectors has been changed: sub-divisions of sector S13 (general government) have been dropped since table 0200 �Main aggregates of general government� has been extended to the sub-sectors of general government (see below).

The new table 0800 is attached in annex 2.

− Table 1400, which is redundant with the extension of table 2000, is dropped.

Extension of tables

− Tables 0101, 0103, 0111: insertion of a new �of which� item: manufacturing in A6 breakdown.


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− Table 0117, replacement: 4 durability categories (durable goods, semi-durable goods, non-durable goods, services) instead of 3 existing categories (durable goods, non-durable goods, services).

− Table 0200, new split: sub-sectors of general government (central government, state government, local government and social security funds) in addition to general government.

− Tables 0301, 0302 and 0303: A60 breakdown (ISIC Rev.3 division) instead of A31 breakdown.

− Table 0302: gross fixed capital formation in construction is added.

− Table 0303: additional employment breakdown by sector: general government and other sectors (corporations and households and NPISH).

− Table 0501: full COICOP 3-digit for households (i.e. new details for communication and for education).

− Tables 06 and 07 �financial accounts and balance sheets for financial assets� (revisions have been covered in a report to the meeting of the OECD Working Party on Financial Statistics held on 9-10 October 2006).

− Table 1100: new split between table 1101 general government, COFOG divisions and groups, and table 1102 sub-sectors, COFOG division

− Table 2000: new cross-classification of fixed assets by industry (A17 or A60) and by asset (AN_F6 augmented instead of Pi3). AN_F6 augmented includes a new breakdown of AN1132 �Metal products and machinery� and a new breakdown of AN112 �Intangible fixed assets� as follows:

- AN1114 Cultivated assets - AN11132 Other machinery and equipment - AN111321 of which: Office machinery and hardware - AN111322 of which: Radio, TV and communication - AN11131 Transport equipment - AN1111 Dwellings - AN1112 Other buildings and structures - AN112 Intangible fixed assets - AN1122 of which: Software

− Table 2200: new cross-classification of gross fixed capital formation by industry (A17 or A60) and by asset (AN_F6 augmented instead of P60). The cross classification is the same as for table 2000 above. AN_F6 augmented is described above for table 2000.

The COFOG2 project

17. Due to a strong demand for data that will allow public expenditure efficiency to be assessed, the Secretariat in cooperation with Eurostat agreed to extend the breakdown of general government expenditure to the second-digit level of the COFOG classification. This breakdown would only apply to the general government sector and not to its sub-sectors. The second-level-digit classification for education, for example, is the following:

09. Education 09.1 Pre-primary and primary education 09.2 Secondary education


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09.3 Post-secondary and non-tertiary education 09.4 Tertiary education 09.5 Education not definable by level 09.6 Subsidiary services to education 09.7 R&D Education 09.8 Education n.e.c.

18. To account for this project, last year the Secretariat proposed to split table 1100 into 2 tables: table 1101 general government, COFOG divisions and groups, and table 1102 general government sub-sectors, COFOG division.

A questionnaire was sent to eight non-EU countries to test for the availability of data for second-digit level functions as well as request to provide additional data for government output volume and employment at the first digit level. The answers to this questionnaire are summarised in tables 2 and 3. None of these countries seems to be able to transmit either COFOG2 data in the near future, or employment data. Only Japan, Korea and the United States could transmit output volume data for general government in COFOG1.

19. The second meeting of Eurostat Task force on COFOG2 took place last March. As of now 15 countries transmitted data to Eurostat at the second-digit level of COFOG. But many problems of classifications still need to be solved before data can be made public. An electronic discussion group has just been created and Eurostat in conjunction with EU member countries is working on a sources and methods manual for COFOG statistics compilation.

20. Given the current state of play the Secretariat was unable to create the new Tables 1101 and 1102 in 2006 as it previously had expected to do. A new meeting of the EU Task Force on COFOG is scheduled next February. It is hoped that preliminary data on COFOG2 will be made public soon.

The Secretariat is not in a position to determine when it will be feasible to launch this project, but hope that member countries will grant it a very high priority given users� needs for more disaggregated government expenditure data by function.


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Table 2. COFOG at the two-digit level

Australia Canada Japan Korea Mexico New Zealand United States

Do you use COFOG classification as your natural classification for government expenditure?

NO NO YES YES NO YES YES

Would you be able to transmit data in COFOG 2 (two-digit level) for general government

NO NO NO NO NO NO NO

What are the main reasons for not being able to transmit these data?

GPC classification used to classify GFS data

Data sources not classified enough. Ressource limitations Insufficient ressources

Working on the implementation of COFOG for GG expendirture

Central & local government transaction not classified at a sufficient detailed level

Only available for selected COFOG2 functions. BEA's classification differ from COFOG + mixed treatment of government business enterprises.

Could you transmit data in your own detailed classification?

Data can be transmitted on a GFS basis using the GPC classification

Functional classification on a cash basis that does not translate well into COFOG

NO NO NO NO YES

When COFOG data ready in 2010 Fall 2006For what period? 1998/99 to 2003/04 1993-now 1959-now

Table 3. Volume output and employment

Australia Canada Japan Korea Mexico New Zealand United States

Would you be able to transmit volume output (and/or value added) for general government in COFOG1 ?

NO NO YES YES NO NO YES

Would you be able to transmit employment for general government in COFOG1 ? NO NO NO NO

If not, why

Working in a supply and use context, hence GG output are compiled by industry not by COFOG

Only aggregate current and capital expenditure are available at constant prices (obtained by deflating the cost structure)

In Japan's N.A., the coverage for producers of government services is the same as that of the GG sector. Hence data on employment for "producers of government services" and its breakdown: "electricity, gas and water supply", "Service activities"and "public administration" are available.

Because of insufficient employ-ment data only employment data on central government, local government, social security scheme, army and public education are used to compile the output of GG. The volume output of each functional branch is calculated as a weighted average of quantity relative to different government employment units (central, local, etc�)

Volume output of GG elaborated by economical activity : health, education and public administration

Volume estimates for GG are input-based

If the answer to question 1 is NO, would you be able to transmit volume output data for final consumption of general government in COFOG1 ?

Currently compile direct output volumes estimates for health and education industries by all sectors including GG. Data for defense are also available

NO

Final consumption expenditure of GG elaborated by level of government and economical activity

NO

If the answer is no, reasons why Current methodology Current methodology would not allow the production of reliable statistics at this level


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The NAWWE project: National Accounts World Wide Exchange

21. Objective

The primary objective of the NAWWE project is to use a web based mechanism for collecting national accounts data based on already internationally agreed national accounts standards. Furthermore, users, in particular international organisations, will be able to access validated national accounts data from a single web application. If all the involved international organisations agree to use this mechanism, it will reduce the reporting burden on member countries and improve the quality and timeliness of the data.

22. Benefits

The expected benefits from the country's viewpoint are: � One Data Structure Definition (key family) and one operation for reporting national accounts data. � Automated generation of data from national source databases, thus saving resources. � Validation tools when submitting data. Benefits from OECD's and other international organizations� viewpoint: � Timely reporting. � Complete reporting.

� No code misinterpretations.

23. Data contents

NAWWE is based on the common questionnaire agreed by the OECD and Eurostat for the collection of national accounts data. The questionnaire comprises a very detailed set of national accounts variables, as specified by the System of National Accounts 1993 (SNA93) and agreed by the two international agencies. These variables have been identified in an extensive set of Excel spreadsheets by means of a common code and specific presentation format.

24. The pilot project

A pilot project was carried out in 2004-2005. The pilot project started from a set of Excel tables which reflected exactly the Eurostat/OECD standard questionnaire. These tables are already produced, in many countries as a GESMES file, by national agencies for transmitting annual national accounts data to international organisations. The files were transformed into XML files, conforming as closely as possible1 with the SDMX-ML 1.02 specification. The business model entailed countries posting their files on the web in the agreed XML format; the OECD and Eurostat (and possibly other organizations needing these data) were to extract their data from these files.

Eventually it was envisaged that NSOs would make the XML files available directly from their on-line databases as soon as the data was released.

1 It was necessary to add to the SDMX-ML v/1.0, as the standard did not yet allow for hierarchical variable

(dimensions). Utilising hierarchical dimensions allows for full verification of data to be transmitted.

2 Statistical Data and Metadata Exchange (SDMX) is a standardisation initiative sponsored by 7 international organisations, aiming at easing the exchange of such data among countries and international organisations. The SDMX-ML is a XML standard format for exchange of statistical data and metadata which was agreed and published on 30 September 2004. See www.sdmx.org where version 1.0 of the standard is published


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In the short term, it was proposed to use NAWWE for annual data, but OECD intends to extend it to quarterly national accounts later.

The OECD has set up a demonstration model of this kind of data extraction with three pilot member countries, Australia, Canada, and France using SDMX-ML version 1.0. For reference see http://stats.oecd.org/nawwe/. The architecture of the pilot project is summarised in this picture:

25. NAWWE 2006

NAWWE will start production with the new version of the joint questionnaire and use SDMX-ML version 2.0 in order to benefit from enhancements made to the SDMX standards (such as hierarchical dimension structures and inclusion of reference metadata) that were absent from the SDMX-ML version 1.0 standards. The OECD has specified SDMX-ML for tables within the joint questionnaire on this basis.

Regarding the participation of other international organizations, the IMF indicated in March 2006 its interest in participating in this project. This implies that IMF will also get their national accounts data from the same NAWWE SDMX-ML content files posted by the countries.

Regarding country participation, in March 2006 the US Bureau of Economic Analysis expressed strong interest in participating. The aim is now to collect data in 2006 from at least 3 non-EU-member countries using NAWWE.


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Recommendations

• A special effort should be made to supply the following tables;

o fixed assets by industry and by asset type(2000),

o gross fixed capital formation (2200), and

o balance sheets for non-financial assets by institutional sectors (new 2600).

• Data should be transmitted to the OECD on the day the data are released by the Member country.

• European Member countries are asked to send the ESA95 questionnaire tables to the OECD and Eurostat at the same time and using the same Email with two different addresses: one for Eurostat and the other for the OECD ([email protected]).


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ANNEX 2 � table 0800 A


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ANNEX 2 � table 0800 A (ctd)

Documents

STD/CSTAT/WPNA(2006)12 Working Party on National Accounts