The Annual Accounts Department Which is a representative of the National Accounts Directorate. It provides of high important economic indicators that assist decision-makers and policy makers in planning and making appropriate decisions. These indicators also serve researchers and economic analysts. These indicators are also used in the program study of international comparisons (ICP).
The division relies to estimate these indicators on international publications issued by United Nations, the International Monetary Fund and other international bodies.
Surveys carried out by the Department are the main source for these estimations as well as many other administrative sources.
Within the General Department of Statistics endeavors in keeping up and implementing new standards and methodologies internationally agreed upon, in order to issue various statistics the Department issued new series of Gross domestic product estimations (base year 2016).
It is worth to mention that several improvements have been Inserted on Applicable methodologies and data sources which Contributed in improving both coverage and estimations quality, furthermore taking into consideration many of updates provided by the System of national accounts policy 2008.
The Annual Accounts Division collects and receives data from the above mentioned sources, copy them on special tables to extract and publish the results. The division publishes the following various indicators and estimates:
- Gross Domestic Product (GDP) by economic activity at current and constant prices by production method.
- Gross Domestic Product (GDP) at current prices by income method.
- Gross Domestic Product (GDP) at current prices by expenditure method.
- Gross National Product (GNP).
- Fixed Capital Formation by economic activity and by assets.
- Use, Analysis and Construction of the Balance Of Payments tables received from the Central Bank.
- Implementation of the System of National Accounts (SNA) – 1993 by institutional sectors and amendments to the 2008 system.
- Preparing the Satellite Accounts tables of the sectors, including the tourism sector.