|Unit||Mil. Ch. 2016 TWD, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Directorate General of Budget, Accounting and Statistics (DGBAS) - Taiwan|
Quarterly national accounts for Taiwan, under SNA 2008. From as early as 1961.
We produce seasonally-adjusted versions of GDP(E), and of GVA by industry, at current and constant prices.
GDP measures the value generated by all resident units engaged in productive activity before deduction of provisions for the consumption of fixed capital.
Data are disseminated generally in millions of NT dollars on GDP at current prices and constant 2011 prices, together with the implicit deflators.
The current and constant price estimates are compiled using both the production and the expenditure approaches. The full output-based GDP are disseminated showing a breakdown by productive activity as follows:
A breakdown by kind of economic activity into: agriculture, forestry, fishing and animal husbandry; mining and quarrying; manufacturing; electricity, gas and water; construction; trade; accommodation and eating-drinking places; transportation, storage and communication; finance and insurance; real estate, rental and leasing; professional, scientific and technical services; educational services; health care and social welfare services; cultural, sporting and recreational services; and other services.
The current and constant prices data are broken down by major expenditure category as follows: private consumption expenditure; government consumption expenditure; gross fixed capital formation; increase in inventories; and exports and imports of goods and services.
The data are both seasonally adjusted (SA), not seasonally adjusted (NSA), and seasonally adjusted at an annualized rate (SAAR).
Preliminary quarterly data are released in the following quarter, and revised in the next of the following quarter.
The first annual revision for a given year are released in November of the following year and the second revision will be released in November of the next of the following year.
A comprehensive revision is performed every five years.
Quarterly national accounts are estimated independently from the production side and the expenditure side. This procedure enables cross-checks of both statistics. The results of the estimation are released after the discussion and examination of the National Income Statistics Evaluation Committee