Transcript Final Consumption Expenditure – NPISHs and Government National Institute of Statistics CAMBODIA \\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /1 Table of Contents Introduction Classifications Data Sources Focused Points Compilation Methodology Highlighted GDP.

Final Consumption
Expenditure – NPISHs and
Government
National Institute of Statistics
CAMBODIA
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /1
Table of Contents
Introduction
Classifications
Data Sources
Focused Points
Compilation Methodology
Highlighted GDP
1
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /2
Introduction
„ he National Institute of Statistics (NIS) of the
T
Ministry of Planning (MoP) is the agency of the
Royal Government of Cambodia (RGC) that is
responsible for the compilation and
dissemination of the official ANA, QNA and other
related statistics of Cambodia. The statistical
activities of the NIS are governed by the Subdecree on Statistics Obligations, which was
promulgated on October 15, 1997.
2
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /3
Introduction
„ he national accounts (NA) statistics are compiled by the
T
National Accounts Department (NAD) of NIS. The NIS
has compiled official NA statistics since 1996. All series
from 1993 onwards have been revised and are now
compiled broadly in accordance with the United Nations’
System of National Accounts 1993 (SNA93). In principle,
Cambodia’s NA statistics cover all transactions of
government, households, individuals, and enterprises
residing in Cambodia and between residents and nonresidents..
3
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /4
Classification
„ or compiling GDP by expenditure approach, 12
F
expenditure groups are used since the current practices
do not include the use of detailed Classification of
Individual Consumption of Households by Purposes
(COICOP), Classification of Functions of Government
(COFOG) and Classification of Consumption of Private
Nonprofit Institutions (COPNI) classifications. Very few of
other classifications required in SNA 1993 have been
implemented at this stage. However, plans are in place
to implement these classifications over the medium
term.
4
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /5
Classification
„Final Consumption Expenditure (FCE)
Household Final Consumption Expenditure (HFCE)
„Private Non Profit Organizations Serving Households (NPISHs)
„Government Consumption Expenditure (GCE)
„Gross Fixed Capital Formation (GFCF)
„
Livestock
„
„Durable Equipment
„Construction
„
5
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /6
Classification
„Change in Inventories
„
„
Livestock and Poultry
Industry
„Exports of Goods and Services
„
„
Merchandise Goods, f.o.b.
Services Exports
„Imports of Goods and Services
„
„
Merchandise Goods, f.o.b.
Services Imports
„Balance on External Goods and Services
6
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /7
Data sources
„Administrative data
„1. Ministry of Economic and Finance (MEF)
„2. Direction of trade, Ministry of Commerce (MoC)
„3. Customs and Excises Department (CED)
„4. Councils for Development of Cambodia (CDC)
„5. Other organizations
7
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /8
Data sources
Survey and Other Data Collections
„ . Cambodia Socio-Economic Surveys (CSES) for 1993-1994, 1996,
1
1997 and 1999, 2004, 2007, 2008, and 2009
„2. Quarterly Consumer Price Indices (CPI) for Phnom Penh and
Urban, Cambodia;
„3. Quarterly Producer Price Indices (PPI) from 2000 onwards;
„4. Monthly Construction Permit Survey (MCPS);
„5. Survey of Retail Trading Units (SRTU) 1996-1999;
„6. Labor Force Surveys in Phnom Penh, 1997-1998 and Cambodia in
2000 and 2001;
„
8
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /9
Focused Points
- Private Non Profit Organizations Serving
Households (NPISHs)
- Government Consumption Expenditure
(GCE)
9
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /10
Compilation Methodology
„Non Profit Organizations Serving Households (NPISHs)
„ he data for non profit organizations serving households are
T
sourced from the annual survey of expenditure on NonGovernmental Organizations (NGOs) conducted by CDC.
Expenditure by NGOs, which is already used for the community
services estimate on the production side of the account, has
also been shown as final consumption expenditure. HFCE
implicit price deflators are used to derive constant price
estimates.
10
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /11
Compilation Methodology
„Government Final Consumption Expenditure
„ or government final consumption expenditure, monthly report of
F
Ministry of Economics and Finance (MEF) on government financial
data on current expenditure is utilized. An implicit price deflator
based on a combination of wages per employee and the all items
HFCE implicit price deflator is used to compile constant price
estimates.
11
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /12
GDP by Expenditure Approach at Current Price (2005-2010)
in Billion Riels (Highlighted)
2005
2006
2007
22,758
25,200
29,393
35,706
36,239
39,314
21,104
23,500
26,627
32,512
31,874
34,392
606
666
758
830
918
993
1,048
1,033
2,008
2,365
3,447
3,929
4,864
5,775
6,928
7,247
8,670
7,531
347
947
500
566
566
566
Exports of Goods and Services
16,505
20,475
22,892
27,507
25,805
31,084
Less: Imports of Goods and Services
18,736
22,692
25,561
28,445
27,122
31,684
Balance on External Goods and Services
(2,231)
(2,217)
(2,669)
(937)
(1,317)
(600)
16
146
890
(613)
(1,092)
(868)
25,754
29,849
35,042
43,066
45,943
Final Consumption Expenditure
HFCE
NPISHs
GCE
Gross Fixed Capital Formation
Change in Inventories
Statistical Discrepancy
GROSS DOMESTIC EXPENDITURES
2008
41,968
2009
2010
12
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /13
GDP by Expenditure Approach at Constant 2000 Price
(2005-2010) in Billion Riels (Highlighted)
2005
2006
2007
2008
2009
2010
19,386
20,591
22,500
25,249
25,605
27,443
17,981
19,201
20,378
22,944
22,486
23,970
NPISHs
518
547
586
691
767
826
GCE
887
844
1,536
1,613
2,353
2,647
4,481
5,228
5,757
6,674
7,929
7,073
258
683
454
532
541
541
Exports of Goods and Services
15,333
18,275
20,129
23,281
21,817
25,530
Less: Imports of Goods and Services
17,438
20,220
22,659
27,780
26,429
30,835
Balance on External Goods and Services
(2,105)
(1,945)
(2,529)
(4,500)
(4,612)
(5,305)
(10)
(178)
687
712
(920)
628
26,870
28,668
Final Consumption Expenditure
HFCE
Gross Fixed Capital Formation
Change in Inventories
Statistical Discrepancy
GROSS DOMESTIC EXPENDITURES
22,009
24,380
28,692
30,381
13
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /14
Expenditure Shares to GDP at Current Price
(2005-2010, Highlighted)
2005
2006
2007
2008
2009
2010
Final Consumption Expenditure
88.4%
84.4%
83.9%
85.1%
84.1%
85.6%
HFCE
81.9%
78.7%
76.0%
77.5%
74.0%
74.9%
NPISHs
2.4%
2.2%
2.2%
2.0%
2.1%
2.2%
GCE
4.1%
3.5%
5.7%
5.6%
8.0%
8.6%
Gross Fixed Capital Formation
18.9%
19.3%
19.8%
17.3%
20.1%
16.4%
1.3%
3.2%
1.4%
1.3%
1.3%
1.2%
Exports of Goods and Services
64.1%
68.6%
65.3%
65.5%
59.9%
67.7%
Less: Imports of Goods and Services
72.7%
76.0%
72.9%
67.8%
63.0%
69.0%
Balance on External Goods and Services
-8.7%
-7.4%
-7.6%
-2.2%
-3.1%
-1.3%
0.1%
0.5%
2.5%
-1.5%
-2.5%
-1.9%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Change in Inventories
Statistical Discrepancy
GROSS DOMESTIC EXPENDITURES
14
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /15
Expenditure Shares to GDP at Constant 2000
Price (2005-2010, Highlighted)
2005
2006
2007
2008
2009
2010
Final Consumption Expenditure
88.1%
84.5%
83.7%
88.1%
89.7%
90.3%
HFCE
81.7%
78.8%
75.8%
80.0%
78.8%
78.9%
NPISHs
2.4%
2.2%
2.2%
2.4%
2.7%
2.7%
GCE
4.0%
3.5%
5.7%
5.6%
8.2%
8.7%
Gross Fixed Capital Formation
20.4%
21.4%
21.4%
23.3%
27.8%
23.3%
1.2%
2.8%
1.7%
1.9%
1.9%
1.8%
Exports of Goods and Services
69.7%
75.0%
74.9%
81.2%
76.4%
84.0%
Less: Imports of Goods and Services
79.2%
82.9%
84.3%
96.9%
92.6%
101.5%
Balance on External Goods and Services
-9.6%
-8.0%
-9.4%
-15.7%
-16.2%
-17.5%
0.0%
-0.7%
2.6%
2.5%
-3.2%
2.1%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Change in Inventories
Statistical Discrepancy
GROSS DOMESTIC EXPENDITURES
15
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /16
Implicit Price Index (2000=100), 2005-2010
2005
2006
2007
2008
2009
2010
117.4
122.4
130.6
141.4
141.5
143.3
117.4
122.4
130.7
141.7
141.8
143.5
117
121.9
129.3
120
119.8
120.1
118.2
122.4
130.7
146.6
146.5
148.4
Gross Fixed Capital Formation
108.6
110.5
120.3
108.6
109.3
106.5
Change in Inventories
134.7
138.7
110
106.4
104.8
104.8
Exports of Goods and Services
107.6
112
113.7
118.2
118.3
121.8
Less: Imports of Goods and Services
107.4
112.2
112.8
102.4
102.6
102.8
122.4
130.4
146.4
150.9
151.2
Final Consumption Expenditure
HFCE
NPISHs
GCE
GROSS DOMESTIC EXPENDITURES
117
16
\\csng14p20101\CovSEA$\IBDUSER\CAMBODIA\Project Tiger\Ratings Review\S&P\Ratings Review_22Oct2007_sent.ppt /17
Thank You for your attention!
Angkor Wat
Sihanoukville Beach
Royal Palace in Phnom Penh
17