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Definitions
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Gross domestic
product (GDP) |
Gross
domestic product (GDP) represents the total value of final products and
services produced within the country’s territory during a year. GDP can be
calculated on the basis of data on domestic production, demand (expenditure)
and income at current and constant prices. From the production side GDP is
formed by the income surplus from sales over the value of goods and services
used up in production. |
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Statistical
region |
According
to Cabinet of Ministers directions of April 28, 2004 “On statistical regions
of Republic of Latvia and administrative units included in them” and the
Nomenclature of Territorial Units for Statistics (NUTS3) of the European Union,
the data are calculated on 6 statistical regions: 1) Riga
region (Riga city); 2) Pieriga
region (Jurmala city, Limbazi district,
Ogre district, Riga district, Tukums district); 3) Vidzeme
region (Aluksne district, Cesis district,
Gulbene district, Madona district, Valka district, Valmiera district); 4) Kurzeme
region (Liepaja city, Ventspils city,
Kuldiga district, Liepaja district, Saldus district, Talsi district,
Ventspils district); 5) Zemgale
region (Jelgava city, Aizkraukle
district, Bauska district, Dobele district, Jelgava district, Jekabpils
district); 6) Latgale
region (Daugavpils city, Rezekne city,
Balvi district, Daugavpils district, Kraslava district, Ludza district,
Preili district, Rezekne district). |
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Methodology
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Source of data |
-
CSB statistical survey 1-annual “Complex
survey of enterprise activities”; -
CSB statistical survey annual 1-KAU “Survey
of the local KAUs activity”; -
CSB statistical survey 2-annual “Complex
survey of institution’s activity”; -
State Revenue Service data; - Latvian State Institute of Agrarian
Economics (LSIAE) data (till year 2008); -
System of National Accounts of Latvia. |
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Coverage
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Economically
active enterprises in the statistical regions of the Republic of Latvia. |
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Sample size
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Data on
enterprises from 33 administrative territories of the Republic of Latvia
(cities under state jurisdiction and districts in line with the
“Classification of Administrative Territories and Territorial Units of the
Republic of Latvia” (ATVK)) that according to activity sectors in NACE Rev.1.1
at two-digit level (58 from A01 to O93) were economically active in the
respective year. |
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Description of data
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Survey 1-annual: corresponding data from the largest and from the
others economically active units of production taking into account the number
of employees and turnover. Survey 2-annual: data from the budget-financed
institutions. Survey 1-KAU annual: local KAUs survey from units, which provide 1-annual or 2-annual
survey and have local KAU units; KAU economic activity’s codes (NACE Rev.1.1)
and corresponding number of employees at this unit. State Revenue Service data: financial statements of small, micro, sole
proprietors and non-profit institutions serving households. Latvian State Institute of Agrarian Economics (LSIAE) data (till year 2008): agricultural
production produced in private farms (households). System of National Accounts of
Latvia: main
macroeconomic indicators. |
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Methods of
calculation |
GDP
from the production approach is obtained by adding the net value of taxes on
products to the GVA value. The net value of taxes on products is equal to
difference between the total taxes and subsides on products. The
regional gross value added is calculated according to the ESA95 European
System of Accounts definitions and methods. The regional accounts methodology
was elaborated additionally (“Regional Accounts Methods – Gross Value Added
and Gross Fixed Capital Formation by Activity”). Regional Gross Value Added
(GVA) calculation is based on the National GVA totals by kinds of activity in
the country. The regionalization is performed on the base of data from the
producer/institution LKAU located within the region territory (NUTS 3 level).
If the activity of the unit of production is pursued in various region
territories, its VA is divided between the respective regions taking into
account the number of employees in the respective territory. Besides,
gross value added for three NACE economic activities (agriculture, real
estate activities, public administration and defense) is calculated in the
following way: 1) Gross value added for activity A
(NACE Rev.1.1) is formed as the sum of GVA of non-financial units and
households. The total GVA in a household is divided by regions proportionally
to the part produced by the rural farms from the respective territory in
money terms; 2) For NACE Rev.1.1 activity K 70
(real estate, renting and other business activities) GVA of imputed rent is
divided between regions in accordance with regional structure of the square
metres and average rents of dwellings and management payments; 3)
Gross value added
for NACE Rev.1.1 L (public administration and defense) activity’s total is divided by regions
proportionally to the number of employees in this activity and in respective
region. The
difference between the GVA totals in the national accounts and region
territories is divided and allocated to each regional territory
proportionally to the share of this territory in the total gross VA. Regional
GDP from the production approach is obtained by adding the regional net value
of taxes on products to the regional GVA value. The net value of taxes on
products is divided and attached to the each region in accordance with this
region GVA proportion in the total GVA. |
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Classification |
-
Classification of the Administrative
territories and Territorial Units of the Republic of Latvia (ATVK); -
NACE Rev.1.1. Statistical Classification
of Economic Activities in the European Community; -
Statistical Regions of the European Union
- 3rd level (NUTS3). |
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Revision |
The
published data are adjusted in line with the revision policy of the Macroeconomic
Statistics Department. |
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Additional
information |
1)
ATTANTION!
Actually tables’ IK02, IK12, IK13, IK14 estimate ‘LATVIA - total’ (what is
equal to sum of the regions’ totals) isn’t in the correspondence with the
Annual National Accounts estimates because of transition to the new version
of the Statistical Classification of Economic activities (NACE Rev.2) and
other data revisions. Also the region’s total estimates (NACE 1.1.red.) in
tables IK02, IK12, IK13, IK14 are not equal to the totals in tables IK021,
IK121, IK141. 2)
Beginning from
the reference year 2009 the regions’ estimates calculation is based on the
primary data sources what was gathered in accordance with NACE Rev.2. 3)
In accordance
with the European Commission regulation No 715/2010 of 10.08.2010
recalculated 2000-2008 years’ region time series shall be supplied at year
2012 no later than 30 December within the NACE Rev.2. 10 aggregated activities groups’ frames (A,
B-E, F, G-I, J, K, L, M-N, O-Q, S-U). The 1995-1999 years’ region time series
shall not be recalculated. 4) In order to bring the methodology of the
main macroeconomic calculations closer to the requirements of the European
System of Accounts (ESA95), gross value added and GDP value at current prices
for the years 2000-2005 was changed in the 3rd quarter of 2005; in
the 4th quarter of 2006 and in the 1st quarter of 2008 the Gross Value Added
and the value of GDP at current prices for the years 1996 - 1999 and 1995,
respectively, was also changed. Recalculations
are related to Regulation No.1889/2002 of the European Commission concerning
financial intermediation services indirectly measured (FISIM). As a result of
the calculations, adjustments were made to the value of FISIM which is
comprised by the difference between the interest payments received and paid
in the banking sector and broken down by the user sectors. For this reason
data for the years starting with 1995 are not comparable with the data for
previous periods. 5) Starting with reference year 2006 data
improvements on regionalisation methods, what are concerned with real estate,
renting and business activities (NACE Rev.1.1 K), were elaborated. The
regionalisation method is applied for GVA of imputed rent. 6) From the reference year 2008 the LSIAE didn’t collected data about
agricultural production produced by the rural
farms by territories. Therefore the National account’s total estimate of A 01 (NACE
Rev.1.1) is distributed by regions in the same proportion as for the
reference year 2007. |
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Periodicity and release calendar
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Annual data |
Annual data are published 24
months after the end of the respective period. |
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Dissemination
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On the Internet |
In the database |
Key indicators |
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Ö |
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Annual data |
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Press releases |
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Publications |
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Tailor
made data sets |
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If you cannot find the necessary
information on the Internet or in the publications, the CSB will prepare
tailor made data set according to your request using the databases at its
disposal. More information on how
to prepare a request for tailor made information. |
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Contact person on methodology
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Regional gross
domestic product |
Intars Abražuns, Head of the Annual
National Accounts Section, tel. (+371) 67366846, intars.abrazuns@csb.gov.lv |
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Links to this theme
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Eurostat |
The
Statistical Office of the European Communities (Eurostat) on its homepage
publishes information on regional value added in EU-27, EU-25 and in
individual territorial units of the member countries. This information can be
found in the section: Database/
Regional economic accounts – ESA95/ Gross domestic product indicators-ESA95/
Gross domestic product at current market prices at NUTS level 3. http://epp.eurostat.ec.europa.eu |
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