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Estimates Revision: Ghana - GDP(E) - Partial
Wednesday, 11 Apr 2018 14:56 ET
By Katie Cristofano
Summary
April 2018 -- The UNSD national accounts database has recently advanced its currency reference year from 2005 to 2010, which impacts a subset of the Moody's Analytics estimates of GDP (expenditure approach) at constant prices for Ghana (six quarterly series impacted).
Detail

Motivation: In the most recent update (mid-March) of the United Nations Statistics Division National Accounts Main Aggregates Database, GDP(E) at constant year-2005 prices was replaced by year-2010 prices. Time series were updated from 2006.

Response: In our estimates of GDP (expenditure approach) for Ghana, Moody's Analytics has not changed our currency reference year (2006). In our process, three of the ten GDP(E) concepts are backfilled with UNSD data; it is these, specifically, that are impacted by the UNSD re-referencing.

Properties: Series properties are otherwise unchanged (see related article). The series reside in the historical catalog (Ghana » National Accounts » By Expenditure » Moody's Analysts Estimated) and are:

  • RNACECGAQ.IGHA   = National Accounts: Government consumption, (Mil. 2006 GHS, SAAR)
  • RNACEGCFAQ.IGHA  = Gross capital formation
  • RNACEGFCFAQ.IGHA = Gross fixed capital formation
  • RPDIGAQ.IGHA     = Implicit price deflator - Government consumption, (Index 2006=100, SA)
  • RPDIIAQ.IGHA     = Implicit price deflator - Gross capital formation
  • RPDIIFAQ.IGHA    = Implicit price deflator - Gross fixed capital formation
Other
Related ReleaseGross Domestic Product
SourceMoody's Analytics (ECCA)
FrequencyQuarterly
GeographyGhana
Upcoming
Release DateReference date
20 May 20244Q 2023
21 Jun 20241Q 2024