Description of methods and sources for Albania - INSTAT

IPA 2009 Multi-beneficiary StatisticalCooperation ProgrammeCHAPTER 8: TRANSITION FROM GDP TO GNI8.0 Introduction and reference frameworkThis chapter describes the transition of Gross Domestic Product (GDP) to GrossNational Income (GNI). This transition is realized through data on primary incomesbetween residents and non-residents (S.2). Main incomes are compensation ofemployees received by residents from non-residents and paid to non-residents fromresidents and property incomes received by residents and paid to non-residents. Theprincipal data source for compilation of GNI is the balance of payments (BoP). TheNational Bank of Albania is responsible for compiling the Balance of Payments andthe Institute of Statistics uses the data in the compilation of the GDP-GNI transition.The transition from GDP to GNI for year 2009 is described in Table 8.1.56Table 8.1 Transitions from Gross Domestic Product to Gross National IncomeYear 2009Gross domestic product 1 1,148,082Compensation of employees, net 2 = 3 - 4 20,709from the rest of the world 3 21,555to the rest of the world 4 845Property income, net 5 = 6 - 7 -37,853from the rest of the world 6 14,026to the rest of the world 7 51,879GROSS NATIONAL INCOME 8 = 1+2+51,130,9398.1 IncomeIncome covers two types of transactions between residents and non-residents:i. Compensation of employees who are paid to non-resident workers (seasonalworkers, border and others who work for a short-term) andii. Investment income (property income) in foreign assets and financialliabilities. The latter include the income and payment in direct investment,portfolio investment, other investments and income from reserve funds. Therevenues from the use of physical assets are not included in income, but bythe case they may be treated as other services, transport services or leasing.114/236