Description of methods and sources for Albania - INSTAT

IPA 2009 Multi-beneficiary StatisticalCooperation Programme5.13 Changes in inventoriesAt present, for year 2006, independent estimates on change in inventories are notavailable, but they are published in the same line, in item change in inventories andstatistical discrepancies.At the same time, for experimental purposes, and improve the estimation ofinventory a lot of calculations are made for the change inventory for the year 2002 inthe framework of the twinning project. The methods are presented in the annex F.The estimations were not of good quality and were not incorporated in the GDPcalculations by expenditures approaches. The change in inventories in 2006 is aresidual component.5.14 Acquisitions less disposals of valuablesNo estimation is available in relation to this topic.5.15 Exports of goodsIn accordance with the ESA’95 methodology the exports of goods are valued at FOBand converted from foreign currencies using monthly exchange rates. Main datasource for estimating export of goods is the balance of payments compiled by Bankof Albania.On the basis of the existing data, a methodology to compute export of goods, brokendown by origin of branch of activity has been developed. The sources of data usedare the customs statements for the export of goods.5.16 Exports of servicesExports of services are derived directly from the Bank of Albania’s BOP at currentprices. They are valued at FOB and converted from foreign currencies to nationalcurrencies, using monthly exchange rates.5.17 Imports of goodsImports of goods are derived directly from the Bank of Albania’s BOP at currentprices. They are valued at FOB and converted from foreign currencies using monthlyexchange rates.Since the information on imports from customs statements is in C.I.F., for purposesof registration of imports at F.O.B value, according to the Balance of Paymentsstandards, based on a study carried out by Bank of Albania, coefficients of transportand insurance cost as well as other elements of trade are estimated. According to thisstudy the transport cost of goods in imports is 6 percent of the total transaction cost,while the insurance cost is about 1 percent.On the basis of the existing data, a methodology to compute import of goods, brokendown by origin of branch of activity has been developed. The sources of data usedare the customs statements for the import of goods.99/236