1. Item 5а
National Accounts of Ukraine: Current Status and Development Perspectives
Irina N. Nikitina
Director of Macroeconomic Statistics
Workshop on the Implementation of the 2008SNA,
Kiev, 29 November – 2 December 2011

2. REGULATORY FRAMEWORK OF NATIONAL ACCOUNTS OF UKRAINE
Implementation
(Decree of the Cabinet of Ministers of Ukraine dated No.727
“On Implementation of the System of National Accounts”);
Information support and timeline
(Decree of the Cabinet of Ministers of Ukraine dated No.341-р
“On Improvements of Compilation of National Accounts”);
Development
Concept on the development of the System of National Accounts
(Decree of the Cabinet of Ministers of Ukraine dated No.413-р)
Program for development of the System of National Accounts up to 2010
(Decree of the Cabinet of Ministers of Ukraine dated No.475)
Strategy of government statistics development up to 2012
(Decree of the Cabinet of Ministers of Ukraine dated No.1413-р) 2
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics

3. METHODOLOGICAL FRAMEWORK OF UKRAINIAN NATIONAL ACCOUNTS :
1) International standard – System of National Accounts (SNA ’93);
2) European standard – European System of National and Regional Accounts (ЕSА ’95).
Main Components of National Accounts of Ukraine
1. Annual national accounts
2. Input-output tables
3. Financial accounts
4. Quarterly accounts
5. Regional accounts 3
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics

4. 1. ANNUAL NATIONAL ACOUNTS
Include:
Integrated national accounts;
Rest of the world account;
Institutional sector accounts;
Institutional subsector accounts;
GDP is calculated at current and constant prices
(using chain linking method).
Classifications used
Institutional sector classification
Economic Activity Classification of (NACE)
Classification of individual consumption according to purpose (СОIСОР)
Other functional classifications of SNA 4
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics

5. 2. INPUT-OUTPUT TABLES 5 Irina Nikolayevna NIKITINA
Dimension ( products)
Dimension (products)
frequency (years)
Timeline (months)
Conformity with EU standards
Input-output table at purchaser’s prices
38*38 1 12
Extended Input-output table at purchaser’s prices
80*80
2005 36
Dimension is 60*60, frequency is 5 years, compilation period is 36 months
Input-output table at basic prices, matrices of trade and transport margins, taxes and subsidies on products, use of imported products 16
Input-output table at previous year prices (experimental) 24
Not developed
Supply-use tables Dimension is 60*60, frequency is 1 year, compilation period is 36 months
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 5

6. 3. FINANCIAL ACCOUNTS
Financial account for the total economy by institutional sectors and financial instrument are developed and published since 2003 as part of capital accounts;
Experimental estimates of financial and non-financial balance sheets are implemented in the current year.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 6

7. 4. QUARTERLY ACCOUNTS
Estimates of GDP at current and constant prices (chain-linking; seasonal adjustment).
Gross value added by NACE, final use categories by the functional classifications.
Estimates of GNI at current prices.
In the current year, estimates and publication of integrated accounts and accounts by institutional sector have been implemented.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 7

8. 5. REGIONAL ACCOUNTS
Estimates of gross regional product by production method.
Gross value added by economic activity at current and previous year prices.
Estimates of disposable and actual disposable income of households sector.
Estimates are done for 27 regions using “mixed” method
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 8

9. DATA SOURCES FOR NATIONAL ACCOUNTS OF UKRAINE
Statistical surveys
Administrative data
Enterprise surveys
- structural statistics
- sectoral surveys
Surveys of individual entrepreneurs
Interviews with enterprises
Household surveys
Population censuses
(agriculture and households censuses)
Financial statements of
- enterprises
- banks
- budget entities
Balance of payments and international investments position
Reports on the execution of the budget
Pension Fund and Social Insurance Fund execution reports
Monetary, financial and and banking statistics
Data from Tax administration
Customs data on import/export of goods, etc.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 9

10. COMPILATION AND REVISION POLICY OF NATIONAL ACCOUNTS OF UKRAINE
National accounts indicator
Period
Publication calendar
Flash GDP estimates
quarterly
30 days after accounting quarter
Preliminary GDP and GNI estimates
90 days after accounting quarter
Accounts by institutional sector and subsector
120 days after accounting quarter
Revised of GDP and GNI
31 March of the following year
Final estimates of GDP; GNI, integrated accounts; accounts by institutional sectors and subsectors, of rest world account, input-output tables at purchasers prices
annual
30 December of the following year
Input-output tables at consumer’s prices
Final GDP; GNI
March of year t+2
Input-output tables at basic prices
30 April of year t+2
Balance sheets
30 March of year t+2 10
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics

11. TRENDS OF NATIONAL ACCOUNTS OF UKRAINE
Priorities
Implementation of new method for calculation of FISIM;
Change to new version of NACE Rev.2;
New treatment of goods for processing abroad in SNA and Balance of payments;
Back cast revisions due to methodological changes of SNA – 2008.
Other changes related to the implementation of the SNA 2008.
Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics 11

12. Thank you Irina Nikolayevna NIKITINA
Director of Macroeconomic Statistics