Calculated on the basis of deposits made in the financial system. Basic statistical information is provided by the Superintendency of Banks. The statistical data cover 100 percent of production. The statistical data cover 90 percent of total production. General government consumption is calculated on the basis of tax statistics.
Household consumption is estimated according to product.
Gross fixed capital formation is estimated by product, based capital goods imports and activity in the construction industry. Price indicators are used to construct value indicators, which can in turn be used to estimate GDP at current prices, are obtained. Quarterly national accounts are built with a special methodology which uses the regressions between annual national accounts and annual indicators. Each one of those indicators is carefully selected and must explain the evolution of a specific national account. The parameters obtained by the regression are applied to obtain the quarterly national account by using the quarterly indicator.