National Accounts Statistics (NAS)
Target Audience
The course is intended for Indian subnational government officials who are integrally involved in the compilation and dissemination of gross state domestic product statistics (GSDP).
Qualifications
Participants are expected to have an undergraduate degree.
Course Description
This one-week course will be presented by experts from the International Monetary Fund’s Statistics Department, and by representatives from India’s Ministry of Statistics and Programme Implementation. The workshop will be based on the System of National Accounts 2008 and the Quarterly National Accounts Manual, 2017. The workshop will cover the following topics: (1) national accounts concepts and methods from the perspective GSDP; (2) supply and use tables (SUT); (3) data sources and indicators (annual and quarterly), including use of benchmarking techniques; (4) price and volume measures; and (5) fundamental aspects of state/regional economic accounts. The workshop will feature interactive lectures and hands-on exercises that enable participants to operationalize what they learn.
Course Objectives:
Upon completion of this workshop, participants should be able to:
• Describe fundamental aspects of a national accounts statistical system that is highly aligned with the international standard.
• Differentiate between gross domestic product (GDP) estimates by economic activity, expenditure, and income.
• Describe fundamental components of SUT and how to compile them.
• Highlight similarities and differences between processes for estimating GDP and GSDP.
• Know how to identify statistically high-quality indicator series for estimating GDP and GSDP.
• Compile GDP and GSDP volume measures: using double deflation; and volume extrapolation.
• Know topical areas where India plans to improve its estimates of GSDP.
