NBS Publishes Historical Revision of Annual GDP Post Rebasing

Proshare

Tuesday, July 19, 2016 5:20PM /NBS

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NBS has published the historical revision of annual GDP post rebasing which covers 1981-2010. In 2014 NBS rebased GDP by moving the base year from 1990 previously used to 2010 in line with international best practice for GDP to be rebased every 5 years.

Initially the exercise covered 2010-2014. The report just published contains the historical revisions for 1981-2010 using the new base year and Therefore supersedes all previous GDP estimates earlier published.

This means we now have annual GDP and GDP growth rates in nominal and real terms from 2010-q1 2016. The next stage will be backcasting the annual series into quarterly series from 1981-2010.

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