Technical Assistance Reports

Mongolia: Technical Assistance Report-Report on National Accounts Mission (September 30 – October 11, 2024)

April 25, 2025

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International Monetary Fund. Statistics Dept. "Mongolia: Technical Assistance Report-Report on National Accounts Mission (September 30 – October 11, 2024)", Technical Assistance Reports 2025, 044 (2025), accessed May 22, 2025, https://doi.org/10.5089/9798229008853.019

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Summary

A technical assistance mission assisted the National Statistical Office of Mongolia (NSO) in improving methods for the compilation of national accounts. The mission recommended that the NSO compiles the chain-linked time series of quarterly GDP instead of using the fixed-base approach. During the mission, the experimental chain-linked time series were compiled with the reference year 2015. Chained-linked time series undoubtedly have a great advantage over the use of a fixed base year, since they consider the updated structure of the economy and provide more reliable results that will be used for domestic policymaking and international surveillance.

Subject: Economic classification, Expenditure, Gross fixed investment, National accounts, Public financial management (PFM), Taxes, Value-added tax

Keywords: Annual GDP, Chain-linked time series of quarterly GDP, Economic classification, GDP, GDP series, GDP-p estimate, Global, Gross fixed investment, IMF executive directors, Instrumentalities of the CD recipient, Mongolia., NSO staff, Quarterly GDP, Value-added tax, World Bank staff

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