Description of methods and sources for Albania - INSTAT

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IPA 2009 Multi-beneficiary StatisticalCooperation Programme1Table 1.1: Correspondence between NACE Rev.1 (4 digit level) and nomenclatureat level 25 and 7, used in National AccountsLevel Descriptions of Level LevelNACE 4Descriptions of Level 257 725Rev.1Agriculture, hunting 1 Agriculture, hunting and forestry 0111-021and forestry & Fishing 2 Fishing 0501-052 TOTAL INDUSTRY 3…14 1010-413 Mining and quarrying of energy producing materials 1010-122.1 Extracting4 Mining and quarrying of except energy producing materials 1310-141511-1551562-1575 Manufacture of products based on cereals 1561, 156 Other manufacture of food products1582-162.2 Manufacture2010-2237 Manufacture of textile and leather products 1711-198 Manufacture of wood, paper, furniture; publishing and printing 3611-379Manufacture of coke, refined petroleum products and nuclearfuel 2310-2310Manufacture of chemicals, chemical products, rubber andplastic products 2411-2511 Manufacture of other non-metallic mineral products 2611-2612 Manufacture of basic metals and fabricated metal products 2710-2813 Manufacture of machinery and equipment 2911-3514 Electricity, gas supply 4011-4014/1 Water Supply 41003 Construction 15 Construction 4511-454Trade & Hotel and 16 Trade 5010-52Restaurants17 Hotel and restaurants 5510-555 Transport 18 Transport 6010-63Postand6 Communication 19 Post and communication 6411-6420 Financial activities 6511-6721 Renting21/1 Real estate, renting and business activities 7011-747 Other services 22 Public administration and defense, compulsory social security 7511-7523 Education 8010-8024 Health 8511-8525 Other community, social and personal service activities 9001-9916/236
IPA 2009 Multi-beneficiary StatisticalCooperation ProgrammeCHAPTER 2: REVISION POLICY AND TIMETABLE FOR REVISING ANDFINALISING ESTIMATES2.1 Revision policy"Occasional" revisionsThe annual estimates of domestic product (GDP) and its components are subject to twotypes of revisions: routine and exceptional. The later follows the major methodologicalinnovations, which in turn may be due to changes in the concepts, definitions andclassifications used or to the availability or content of statistical sources. Recently Albaniacarried out a general revision of the national accounts data. The new series, published onDecember 2005, incorporated the results of the Twinning Project “Albanian Statisticstoward EU”, from January to December 2005, financially supported by EU and IMF. Theproject has been implemented with the technical assistance of ISTAT, the Italian NationalInstitute of Statistics, in partnership with Statistics Finland and the Hungarian CentralStatistical Office. As a result of the projects a consistent time series (1996-2003) of theGDP estimates at current price and at the price of the previous year was provided. Inparticular, it is important to highlight that for the first time INSTAT produced an officialfigure of the demand side estimates of GDP at the price of the previous year. Annex Bpresents the revised figures of GDP during this project.Routine revisionsRoutine revisions of the annual data are carried out since the (annual) first estimates ofGDP and its components are very often based on provisional data from the surveysnormally used or in some cases on sources other than those normally used.At present, the period elapsing before publication of the first (flash) annual estimate ofGDP (year t) is eleven months (end of November of the year t+1). Such estimate isreviewed after six months in order to obtain a semi-final one. On that occasion the previousyear estimates are also reviewed (t-1). The revision process is shown in the followingtables. Also these tables present the indicators produced in each phase of the estimationsunder production and expenditure approach.2Table 2.1.1:Timetable for revising and finalizing the accountsProvisional and final estimates of GDPDeadlineEstimated yearNovember ( t+11 month)Flash Estimate of Year tMay ( t+17 month) Semi-Final Estimate of Year t and FinalEstimate of year t-117/236
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Description of methods and sources for Albania - INSTAT

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