Description of methods and sources for Albania - INSTAT

IPA 2009 Multi-beneficiary StatisticalCooperation ProgrammeCHAPTER 17: QNA COMPILATION APPROACHQuarterly National Accounts are a harmonized system of quarterly time series dataadopting the same principles as the Annual National Accounts. Quarterly NationalAccounts data will have a time-series character, which means that they are identicalover time and will apply to same estimation principles of the annual seriesestimations. This is necessary, because they are working on the basis of the sameconcept over time that makes different periods comparable. Comparison of differentperiods gives us the possibility to provide a long time series; when the time seriesconcepts need to be as longer as possible.As we mentioned above, Quarterly National Accounts and Annual NationalAccounts need to be consistent in principle. This means that both series will be basedon the same base year prices and on the same deflator rate. Also, the quarterly datawill be measured by annually based benchmarking techniques. Quarterly NationalAccounts are less completed that annual ones, because the later uses more accurateand timely data sources, like balance-sheets, annual surveys etc. Actually, theQuarterly National Accounts in Albania are based only on estimating quarterly GDPof production approach.158/236