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GDP by final expenditure approach ver1 - United Nations

GDP by final expenditure approach An operational guide for using commodity flow approach Vu Quang Viet Consultant to UNSD s project Statistical Capacity Development in China and other Developing Countries in Asia 26 May 2011 This document is written as training materials for the compilation of GDP by final expenditure approach . The first part of the document discusses basic concepts and methods for deriving main components of final expenditures such as final consumption, gross capital formation, exports and imports. The second part introduces the commodity flow approach for balancing use and supply of products in order to confirm the estimation as well as to estimate the expenditure components when limited information is available. 2 Table of Contents Introduction and workshop PART I. Measurement of final A. final consumption 1.

1. Measurement of GDP by final demand approach independently rather as a residual. 6. National Statistical Offices were encouraged to measure independently GDP by final expenditure, and to reduce to the minimum possible the measurement of individual expenditure category as a residual between GDP (production) and GDE (expenditure). 2.

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Transcription of GDP by final expenditure approach ver1 - United Nations