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SDDS
Special Data
Dissemination Standard

Date of last update: 05/23/2008

NATIONAL ACCOUNTS

Category Provider's Data

Contact Person

Roberto Luís Olinto Ramos

Organization

Instituto Brasileiro de Geografia e Estatística, Coordenação de Contas Nacionais, Gerência de Contas Nacionais Trimestrais
Av. República do Chile, 500 - 9º andar  - Centro
Rio de Janeiro (RJ) - Brasil
CEP 20.031-170

Phone Number

55 21 2142-4540

Fax Number

55 21 2142-0036

E-mail

ramosrob@ibge.gov.br

 

Description
The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

The Quarterly Annual Accounts (QNA) data are disseminated in current prices (millions of Reais - R$) and chained volume index as well as implicit deflators. The data are published in the form of value, numerical indices and rates of change.

The data are compiled by the production method and cover the entire Brazilian economy. The QNA data are published without deduction of consumption of fixed capital. Quarterly data are adjusted to annual data using a bench marking procedure (Denton method).

The QNA estimates are close to the recommendations of the United Nations System of National Accounts, SNA 1993. All transactions defined in the SNA for production (commercial and non-commercial transactions) are recorded on an accrual basis, except government revenues, which are on a cash basis. Noncommercial transactions are measured by production costs. Imputed rents are measured by the market price of similar units.

Breakdowns of QNA in current prices and chained volume index as well as implicit deflators are disseminated for for 3 groups of economic activities (Crop and Livestock, General Industry and Services). The Industry and Services groups are disaggregated the following subgroups: Mining, Manufacturing, Construction, Utilities, Commerce, Transportation, Information Services, Financial Institutions, Rents, Public Administration and Other Services.

The expenditure data is published disaggregated in Households Consumption, Government Consumption, Gross Fixed Capital Formation and Exports, it is also published the Imports data. Those series are published in current prices and a chained volume indexes. Changes in inventories are only published in current values.

The classifications follow ISIC-Rev3 and the data for all activities are seasonally adjusted.

The seasonally-adjusted data are obtained using the X12-Arima method.

Periodicity

Quarterly.

Timeliness

The complete accounts, volume indexes and current prices, are published 70 days after the end of the reference quarter.
Access by the Public

Advance dissemination of release calendar

An advance release calendar that gives one quarter ahead notice of the precise release dates is published on the website of the Central Bank of Brazil (http://www.bcb.gov.br/sddsi/calendar_i.htm) and on the IMF’s Data Dissemination Standards Bulletin Board (http://dsbb.imf.org).

Simultaneous release to all interested parties

Data are released simultaneously at a press conference held by the Head of the Planning Division at 9:00 am on the release date, and on the internet (http://www.ibge.gov.br).
Integrity

Dissemination of terms and conditions under which official statistics are produced, including those relating to confidentiality of individual responses

The following laws provide the legal foundation for the statistical functions of the IBGE:

  1. Law 5534 of November 14, 1968 (Law on duty of providing statistical data);

  2. Law 5878 of May 11, 1973 (Law establishing IBGE Foundation);

  3. Law 6183 of December 11, 1974 (Law on statistical and geographical national systems);

  4. Decree 73.177 of November 20, 1973 that enacts these laws;

  5. Decree 74.084 of May 20, 1974 that approves the national statistical plan; and

  6. Decree 3.272 of December 3, 1999 that approves the organic law of the IBGE.

These laws establish the obligatory character of the provision of information to the IBGE and provide assurances of confidentiality of individual responses so that the data can be used only for statistical purposes. These laws are available to the public in Portuguese at the Internet page of the Presidency of the Republic, under search of decrees and laws:

http://www.planalto.gov.br.

According to these laws, dissemination of data by the IBGE is mandatory and free of charge.

Identification of internal government access to data before release

Directive 355 of November 5, 2007, issued by the Ministry of Planning, Budget and Management, establishes that data are provided to the authorities from the preceding list at 7:00 a.m. on the day of release.

The data are released for the press and disseminated on IBGE´s Internet website at 9:00 a.m.

The Directive and the relation of authorities of the precedence list are available on the website (http://www.ibge.gov.br).

Identification of ministerial commentary on the occasion of statistical releases

There is no ministerial comment on the occasion of the release of data.

Provision of information about revision and advance notice of major changes in methodology

The data are preliminary when first released and subject to revisions. This status is indicated in the quarterly Bulletin of National Accounts of the IBGE. The public will be informed of major changes in methodology and/or revisions to historical data, which are made at the time of the release for the third quarter of each year (in December).

These data are considered final after they have been adjusted for consistency with the final annual data.

Quality

Dissemination of documentation on methodology and sources used in preparing statistics

The methodological texts were published in preliminary versions (Discussion Papers 10 and 88). The methodology for the compilation of quarterly GDP is published in "Produto Interno Bruto Trimestral-Metodologia", volume 19 of "Relatórios Metodológicos do IBGE". These documents are available on the following IBGE's website:
http://www.ibge.gov.br/home/estatistica/indicadores/pib/defaultcnt.shtm

Dissemination of component detail, reconcilliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness

Comprehensive information on the national accounts are published in the IBGE's quarterly bulletin "Indicadores IBGE-Contas Nacionais Trimestrais" available through the IBGE's Data Documentation and Dissemination Office, the address of which can be found on the Internet at:
http://www.ibge.gov.br/home/disseminacao/locaisdeatendimento/default.shtm

A time series at fixed 1995 prices was prepared using the volume index linking method.

Notes

Summary page on observance and transition plan

 

Dissemination Formats
Hardcopy
X X News release The press release is available to the public free of charge in English, Portuguese and Spanish and can be obtained by fax or e-mail from:

IBGE’s Social Communication Coordination Office

Telephone 55 21 2142-4651
Fax 55 21 2142-0941

e-mail comunica@ibge.gov.br
or on the Internet at http://www.ibge.gov.br/
    Weekly bulletin  
    Monthly bulletin  
  X Quarterly bulletin "Indicadores IBGE – Contas Nacionais Trimestrais" [IBGE Indicators - GDP] available through Data Documentation and Dissemination Offices, the addresses of which can be found on the Internet at www.ibge.gov.br/nacatalog/cata6.htm

This document is available free of charge in Portuguese.

    Other  
Electronic media
X   On-line country bulletin board or database  
  X Internet address http://www.ibge.gov.br

http://www.ibge.ibge.org

    Diskette  
    CD ROM  
    Other  

 

Summary Methodology
Analytical framework, concepts, definitions, and classifications (including reference to applicable guidelines)
The QNA series measures value added at basic prices for each economic activity.

Activities not covered by the statistics were estimated, in the base year, by cross-referencing the economic and demographic censuses. All transactions defined in the SNA for production (commercial and non-commercial transactions) are recorded on an accrual basis, except for government revenues, which are on a cash basis.

Noncommercial transactions are measured by production costs. Imputed rents are measured by the market price of similar units.

The classifications follow ISIC-Rev3. Data are released for the following activities:

Agriculture

Industry: Mining, Processing, Public Utilities, and Construction

Services: Transportation, Trade, Information Services, Rents, Financial Intermediation, Government and Other Services

Estimates are made for each disaggregated product group (assuming fixed technical coefficients) by extrapolating from the previous year's data using specific volume indices, correlated indicators and price indexes. The basis for the data is the system of annual accounts. The indices are calculated using a Laspeyres formula with weights obtained from value added at the immediately preceding year's basic prices.

Quarterly data are adjusted to annual data using the Denton Method.

A series at fixed 1995 prices was prepared using the volume index linking method.

The seasonally-adjusted data are obtained using the X12-Arima method.

The geographic coverage encompasses the entire country.

The data are published in the form of values, index numbers and rates of change. The government data are compiled on a cash basis.

The sources for agriculture are the Systematic Survey of Agricultural Production and the quarterly surveys on slaughtering, milk, and eggs, produced by the IBGE and also covering the entire country. For some service activities, employment indicators based on The Monthly Employment Survey (PME-IBGE) are used.

The main source for mining and processing is the Monthly Survey of Industry – Physical Production, which covers the entire country.

Using data on physical production, number of employed individuals, or other variables related to the level of economic activity, sectoral indicators of change in real output are constructed.

Scope of the data (coverage of, e.g., institutional units, transactions and stock, commodities, industries, and geographic areas)
The indices cover Brazil by activity.
Accounting conventions (e.g. time of recording, valuation methods)
The data come from the IBGE’s own surveys and from outside sources. The Department is still responsible for a survey on the public sector. Production is obtained using indicators of volume or physical units.
Nature of the basic data (e.g., administrative records, surveys censuses, combinations of these)
The IBGE’s own surveys and other sources such as National Agency of Petroleum, Ministry of Transportation, etc. Data are obtained monthly (for most activities) or quarterly.
Compilation practices (e.g., weighting schemes, imputation methods, balancing/cross-checking techniques)
The indices are calculated using a Laspeyres formula with the preceding year's weights.
Other aspects (e.g., seasonal adjustment, disclosure avoidance, base years, reference years, transformations from fiscal to calendar years)
None.