The is compiled on the basis of internationally accepted theory ICP Handbook and practices regarding purchasing power parities and is widely accepted as such (e.g. through adequate peer review by internationally accepted experts in the field of statistics). The requirements are followed in compiling the ICP statistics. ICP Handbook Deviations in the from internationally accepted theory and Handbook practices are explicitly agreed with the Global Manager and are kept under review (see also 5.2.1). Scope scope is in accord with internationally accepted standards, guidelines, or good —The practices. scope is broadly consistent with internationally accepted standards, guidelines or good practices The scope of ICP statistics covers the complete final expenditure components of Gross Domestic Product (GDP) for all countries. The scope of the ICP statistics covers the covering final basic headings expenditures on GDP as defined in the version of the United Nations System (SNA) on which the ICP benchmark Round is based. of National Accounts GDP estimates and expenditure data for each of the are to basic headings cover the full range of economic activities and transactions that are included in the SNA production boundary. Price collection arrangements must ensure that national annual average prices, consistent with the underlying expenditure weights for each of the basic are available for countries/economies participating in the headings, benchmark study. The Global Office is to estimate purchasing power parities and volume estimates for countries/economies that do not participate in the benchmark study using internationally accepted estimation techniques. Classification/sectorization Classification and sectorization systems are in accord with internationally accepted — standards, guidelines, or good practices. systems used are broadly consistent with internationally accepted standards, guidelines, or good practices i. The classification and sectorization used in the compilation of ICP statistics are in broad conformity with internationally recommended systems.
The ICP Handbook is compiled on the basis of internationally accepted theory and practices regarding purchasing power parities and is widely accepted as such (e.g. through adequate peer review by internationally accepted experts in the field of statistics). The ICP Handbook requirements are followed in compiling the ICP statistics. Deviations in the Handbook from internationally accepted theory and practices are explicitly agreed with the Global Manager and are kept under review (see also 5.2.1). Scope —The scope is in accord with internationally accepted standards, guidelines, or good practices. scope is broadly consistent with internationally accepted standards, guidelines or good practices The scope of ICP statistics covers the complete final expenditure components of Gross Domestic Product (GDP) for all countries. The scope of the ICP statistics covers the basic headings covering final expenditures on GDP as defined in the version of the United Nations System of National Accounts (SNA) on which the ICP benchmark Round is based. GDP estimates and expenditure data for each of the basic headings are to cover the full range of economic activities and transactions that are included in the SNA production boundary. Price collection arrangements must ensure that national annual average prices, consistent with the underlying expenditure weights for each of the basic headings, are available for countries/economies participating in the benchmark study. The Global Office is to estimate purchasing power parities and volume estimates for countries/economies that do not participate in the benchmark study using internationally accepted estimation techniques. Classification/sectorization — Classification and sectorization systems are in accord with internationally accepted standards, guidelines, or good practices. systems used are broadly consistent with internationally accepted standards, guidelines, or good practices i. The classification and sectorization used in the compilation of ICP statistics are in broad conformity with internationally recommended systems.
ICP-RC01_PA26.docx