Higher Frequency Indicators for Liechtenstein: Principality of Liechtenstein

This paper describes steps to compile a high-frequency indicator of growth to be used for timely monitoring of real sector activity in Liechtenstein. Since the indicator is compiled with methods consistent with those used for national accounts, its development may also serve as an interim step towards production of quarterly GDP estimates. High-frequency indicators of growth measure domestic production rather than expenditure, making them well suited for monitoring Liechtenstein’s export-oriented economy.