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IMPLEMENTATION OF REGIONAL PROGRAMME ON ECONOMIC STATISTICS IN TURKEY AYCAN OZEK Senior Central Bank Expert Central Bank of Turkey, Statistics Department Fifth Meeting of the Steering Group for the Regional Programme on Economic Statistics May 5-6, 2016 Bangkok Overview 1. Update on Advocay on Coordination 2. Progress 3. Future Work 1 1. Update on Advocay on Coordination National Strategy STATISTICAL LAW OF TURKEY 20072011 OFFICIAL STATISTICAL PROGRAM 20122016 2017-2021 • INCREASED STANDARDIZATION • USE OF ADMINISTARTIVE DATA 2 National Strategy CORE SET OF ECONOMIC STATISTICS Prices & Costs Demand & Output OFFICIAL STATISTICAL PROGRAM OF TURKEY Income & Wealth Money & Banking Government Labour Market Natural Resources & Environment 2. Progress 3 Progress FULLFILLMENT OF CORE ECONOMIC SET INDICATORS PRICES AND COSTS DEMAND AND OUTPUT INCOME AND WEALTH MONEY AND BANKING GOVERNMENT LABOUR MARKET NATURAL RESOURCES AND ENVIRONMENT RPES INDICATORS RECOMMENDATION Consumer Price Index √ Producer Price Index √ Commodity Price Index x Ext.ernal Merchandise Trade Price Indices x Wages/Earnings Data • Labour Costs Index / Wages Index √ GDP (production) √ GDP (expenditure) √ External Trade-Merchandise √ External Trade-Services √ Short Term Indicator-Industry Output √ STI- Services Output x STI-Consumer Demand x STI- Fixed Investment √ STI- Inventories x Economy Structure Statistics √ Productivity √ Integrated National Accounts √ Institutional Sector Accounts x Balance of Payments √ International Investment Position √ External Debt √ Income Distribution √ Assets/Liabilities of Depository Corporations √ Broad Money Credit Aggregates √ Interest Rate Statistics √ General Government Operations √ General Government Debt √ Labour Supply and Demand x Hours Worked √ Natural Resources IMF SDDS RECOMMENDATION √ √ √ √ √ √ √ √ √ √ √ √ √ x 2. Future Work 4 Future Work IMPLEMENTATION OF SNA 2008 / ESA 2010 STEP 1 STEP 2 STEP 3 • • • • New SUT with ESA 2010 Standards Independenet Annual Estimates Institutional Sector Accounts Improvement of Quarterly National Accounts • Improvement of Business Register • Administartive Data and Classifications • Improvement of National Accounts 3. Technical Cooperation Programs 5 Technical Programs By Turkish Statistical Office (Turkstat) • Upgrading Statistical System of Turkey - Quarterly National Accounts - Annual Institutional Sector Accounts - Annual SUT and Input-Output Tables - Regional Accounts • IPA Project: - National Accounts Methodology - Quarterly National Accounts - Annual Sector Accounts - Annual Government Accounts - ESA 2010 Transmission Technical Programs • Government Finance Statistics (Ministry of Finance of Turkey) - Twining Program with Italian MoF • Training Programs by Central Bank of Turkey (Istanbul School of Central Banking) - Seminar on BOP / IIP - Workshop on Sectoral Financial Accounts 6 THANK YOU FOR YOUR ATTENTION AYCAN ÖZEK PHONE: +90 312 5076915 E-MAIL: [email protected] CENTRAL BANK OF TURKEY STATISTICS DEPARTMENT MONETARY AND FINANCIAL STATISTICS DIVISION 7