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MINISTRY OF
PLANNING AND INVESTMENT
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SOCIALIST
REPUBLIC OF VIET NAM
Independence-Freedom-Happiness
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No.:
13/2019/TT-BKHDT
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Hanoi, December
31, 2019
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CIRCULAR
CONSIDERING
2020 AS THE BASE YEAR FOR CALCULATING STATISTICAL INDICATORS AT CONSTANT PRICES
Pursuant to the Law on Statistics No.
89/2015/QH13 dated November 23, 2015;
Pursuant to the Government’s Decree No.
94/2016/ND-CP dated July 01, 2016 detailing and guiding the implementation of a
number of Articles of the Law on Statistics;
Pursuant to the Government’s Decree No.
97/2016/ND-CP dated July 01, 2016 providing for contents of statistical
indicators listed in the national statistical indicator system;
Pursuant to the Government’s Decree No.
86/2017/ND-CP dated July 25, 2017 defining the functions, tasks, powers and
organizational structure of the Ministry of Planning and Investment;
Upon the request of the Director General of the
General Statistics Office of Vietnam;
The Minister of Planning and Investment
promulgates a Circular considering 2020 as the base year for calculating
statistical indicators at constant prices.
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This Circular stipulates 2020 as the base year for
calculating statistical indicators at constant prices, the price index system
used for calculating statistical indicators at constant prices, the system of
statistical indicators calculated at constant prices, methods of calculation of
statistical indicators at constant prices and conversion of values of
statistical indicators from the base year 2010 to the base year 2020.
Article 2. Regulated entities
1. Organizations and individuals compiling statistical
indicators at constant prices, including:
a) General Statistics Office of Vietnam.
b) Statistics agencies affiliated to Ministries,
ministerial agencies, Governmental agencies and other central-level agencies.
c) Statisticians.
2. Organizations and individuals using statistical
indicators at constant prices.
Article 3. Price index system
used for calculating statistical indicators at constant prices
1. The list of price indices used for calculating
statistical indicators at constant prices is provided in Appendix I enclosed
herewith.
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Article 4. System of
statistical indicators calculated at constant prices
1. The list of statistical indicators calculated at
constant prices is provided in Appendix II enclosed herewith.
2. Contents of statistical indicators calculated at
constant prices
a) Definition, calculation method, data sources and
regulatory entities responsible for data collection and aggregation of the
statistical indicators numbered 1 to 7 in Appendix II shall comply with the
Government’s Decree No. 97/2016/ND-CP dated July 01, 2016.
b) Definition, calculation method, data sources and
regulatory entities responsible for data collection and aggregation of the
statistical indicators numbered 8 to 9 in Appendix II shall comply with the
Circular No. 05/2017/TT-BKHDT dated November 30, 2017 of the Minister of
Planning and Investment providing for statistical indicators in the fields of
planning, investment and statistics corresponding to statistical indicators of
codes 1301 and 1303.
Article 5. Methods of
calculation of statistical indicators at constant prices
1. Asset accumulation
a) Gross asset accumulation
Gross asset accumulation of a reporting period at
constant prices by specific types is calculated as follows:
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=
The reporting
period’s gross asset accumulation at current prices by specific asset types
The price index according
to asset types in the reporting period compared with that in the base period
b) Net asset accumulation
Net asset accumulation of a reporting period at
constant prices by specific types is calculated as follows:
The reporting
period’s net asset accumulation at constant prices by specific asset types
=
The reporting
period’s gross asset accumulation at constant prices by specific asset types
-
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Where:
The reporting
period’s fixed asset depreciation at constant prices by specific asset types
=
The reporting
period’s fixed asset depreciation at current prices by specific asset types
The price index of
assets in the reporting period compared to that in the base period
2. Final consumption
a) Government final consumption expenditure
Government final consumption expenditure at
constant prices in a reporting period is calculated as follows:
Government final consumption
expenditure at constant prices in a reporting period
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Government final
consumption expenditure at current prices in a reporting period
Price index of
relevant activities under state management in the reporting period compared
to that in the base period
b) Household final consumption expenditure
- Household final consumption expenditure on
purchase of goods and services in the market derived from the household
(individual) budget at constant prices in a reporting period is calculated
as follows:
Household final
consumption expenditure on purchase of goods and services in the market
derived from the household (individual) budget at constant prices in a
reporting period
=
Household final
consumption expenditure on purchase of goods and services in the market
derived from the household (individual) budget at current prices in a
reporting period
Consumer price index
(CPI) by specific product industries in the reporting period compared to that
in the base period
- Household final consumption of self-supplied
products at constant prices in a reporting period is calculated as follows:
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=
Household final
consumption of self-supplied products at current prices in a reporting
period
Price index of
production by specific product industries in the reporting period compared to
that in the base period
- Household final consumption expenditure of
households consuming goods and services free of charge, or with charges lower
than the market prices, at constant prices in a reporting period is calculated
as follows:
Household final
consumption expenditure of households consuming goods and services free of
charge, or with charges lower than the market prices, at constant prices in a
reporting period
=
Household final
consumption expenditure of households consuming goods and services free of
charge, or with charges lower than the market prices, at current prices in a
reporting period
Consumer price
index (CPI) by specific product industries in the reporting period compared
to that in the base period
3. Goods export and import value
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Goods export value
at constant prices in a reporting period
=
Goods export value
at current prices in the reporting period
Price index of
exports in the reporting period compared to that in the base period
Goods import value
at constant prices in a reporting period
=
Goods import value
at current prices in the reporting period
Price index of
imports in the reporting period compared to that in the base period
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Service export and import values at constant prices
in a reporting period are calculated as follows:
Service export value
at constant prices in a reporting period
=
Service export
value at current prices in the reporting period
Price index in the
reporting period compared to that in the base period
Service import
value at constant prices in a reporting period
=
Service import
value at current prices in the reporting period
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5. Gross domestic product (GDP)
GDP at constant prices in a reporting period is
calculated by two approaches as follows:
Production approach:
Gross domestic
product (GDP) at constant prices in a reporting period
=
Gross value added
of all economic industries at constant prices in the reporting period
+
Product taxes
minus (-) product subsidies at constant prices in the reporting period
Where:
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Gross value added
of an economic industry at constant prices in a reporting period
=
Its output at
constant prices in the reporting period
-
Its intermediate
consumption at constant prices in the reporting period
- The output of an economic industry at constant
prices in a reporting period is calculated as follows:
Output of
an economic industry at constant prices in a reporting period
=
Its output
at current prices in the reporting period
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- The intermediate consumption of an economic
industry at constant prices in a reporting period is calculated as follows:
Intermediate
consumption of an economic industry at constant prices in a reporting
period
=
Its output
at constant prices in the reporting period
x
Its intermediate
consumption coefficient in the constant-price base year
b) Product taxes minus (-) product subsidies at
constant prices in a reporting period shall be calculated as follows:
Product taxes at
constant prices in a reporting period
=
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+
Import duties at constant
prices in the reporting period
Value Added Tax
(VAT) of various kinds, other product taxes at constant prices in a reporting
period
=
Value Added Tax (VAT)
of various kinds, other product taxes at current prices in the reporting
period
Index of deflated
value added in the reporting period compared to that in the base period
Import duties at
constant prices in a reporting period
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Import duties at
current prices in the reporting period
Import price index
by specific groups of imports in the reporting period compared to that in the
base period
Product subsidies
at constant prices in a reporting period
=
Product subsidies at
current prices in the reporting period
Index of deflated
value added in the reporting period compared to that in the base period
Index of deflated
value added in the reporting period compared to that in the base period
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The value added at
current prices in the reporting period
The value added at
constant prices in the reporting period
Consumption approach:
Gross domestic
product (GDP) at constant prices in a reporting period
=
Final consumption at
constant prices in the reporting period
+
Asset accumulation
at constant prices in the reporting period
+
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Where:
a) The final consumption at constant prices in the
reporting period shall be calculated according to the provisions in Clause 2 of
this Article.
b) The asset accumulation at constant prices in the
reporting period shall be calculated according to the provisions in Clause 1 of
this Article.
c) Difference between export value and import value
of goods and services at constant prices in the reporting period shall be
calculated according to the provisions in Clause 3 and Clause 4 of this
Article.
6. Gross national income (GNI)
GNI at constant prices in a reporting period is
calculated as follows:
Gross national
income (GNI) at constant prices in a reporting period
=
GNI at current
prices in the reporting period
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GDP deflator in
the reporting period compared to that in the base period
=
GDP at current
prices in the reporting period
GDP at constant
prices in the reporting period
7. Capital invested for the
entire society
The capital invested for the entire society at
constant prices in a reporting period is calculated as follows:
Capital
invested for the entire society at constant prices in a reporting period
=
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Corresponding price index in the reporting period compared with that in the
base period
Where:
a) Investment capital used for capital construction
The investment capital used for capital
construction at constant prices in a reporting period is calculated as follows:
Investment capital
used for capital construction at constant prices in a reporting period
=
Investment capital
used for capital construction at current prices in the reporting period
Construction price
index by specific groups of products in the reporting period compared to that
in the base period
b) Capital invested in machinery and equipment
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- Capital invested in machinery and equipment at
constant prices in a reporting period is calculated as follows:
Capital invested
in machinery and equipment at constant prices in a reporting period
=
Capital invested
in domestically-manufactured and imported machinery and equipment at current
prices in the reporting period
Price indexes of production
and import of machinery and equipment in the reporting period compared to
those in the base period
c) Supplementation of working capital in kinds
Supplementation of working capital in kinds at
constant prices in a reporting period is calculated as follows:
Supplementation of
working capital in kinds at constant prices in a reporting period
=
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Price index of raw
materials, fuels used for production in the reporting period compared to that
in the base period
8. Monthly average income per
capita
Monthly average income per capita at constant
prices in a reporting period is calculated as follows:
Monthly average
income per capita at constant prices in a reporting period
=
Monthly average
income per capita at current prices in the reporting period
Consumer price index
(CPI) in the reporting period compared to that in the base period
9. Monthly average expenditure
per capita
Monthly average expenditure per capita by constant
prices in a reporting period is calculated as follows:
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=
Monthly average
expenditure per capita by current prices in the reporting period
Consumer price
index (CPI) by specific product industries in the reporting period compared
to that in the base period
Article 6. Conversion of values
of statistical indicators from the base year 2010 to the base year 2020
1. Values of reporting indicators shall be
converted from the base year 2010 to the base year 2020 as follows:
Value of a reporting
indicator at prices in the base year 2020
=
Its value at
prices in the base year 2010
x
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2. Values of reporting indicators shall be
converted from the base year 2020 to the base year 2010 as follows:
Value of a
reporting indicator at prices in the base year 2010
=
Its value at
prices in the base year 2020
Price index in the
base year 2020 compared to that in the base year 2010
Article 7. Implementation
1. Organizations and individuals in Article 2 shall
be responsible for implementation of this Circular.
2. The General Statistics Office of Vietnam shall:
a) compile statistical indicators at constant
prices;
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c) provide detailed guidance on, and inspect the
implementation of this Circular.
Article 8. Effect
1. This Circular comes into force from February 15,
2020 and supersedes the Circular No. 02/2012/TT-BKHDT dated April 04, 2012 of
Minister of Planning and Investment considering 2010 as the base year as a
substitute for the base year 1994 for calculating statistical indicators at
constant prices.
2. Difficulties that arise during the
implementation of this Circular should be reported to the Ministry of Planning
and Investment (via General Statistics Office of Vietnam) for consideration./.
MINISTER
Nguyen Chi Dung