Difference between revisions of "System of National Accounts"

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== Definition ==
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The '''System of National Accounts''' (SNA) is the internationally agreed standard set of recommendations on how to compile measures of economic activity in accordance with strict accounting conventions based on economic principles. <ref>United Nations, International Standard Industrial Classification of All Economic Activities, revision 4, 2018</ref>
  
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== Overview ==
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The accounting framework of the SNA allows economic data to be compiled and presented in a format that is designed for purposes of economic analysis, decision-taking and policymaking.
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The accounts themselves present in a condensed way a great mass of detailed information, organized according to economic principles and perceptions, about the working of an economy.
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They provide a comprehensive and detailed record of the complex economic activities taking place within an economy and of the interaction between the different economic agents, and groups of agents, that takes place on markets or elsewhere.
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The values of goods and services as recorded in the System of National Accounts bear a volume dimension and a price dimension.
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== Usage ==
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An integral element of the SNA system are the [[Supply And Use Tables]].
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== References ==
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* European system of accounts (ESA 2010)
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<references/>
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[[Category:EEIO]]

Revision as of 16:43, 28 February 2022

Definition

The System of National Accounts (SNA) is the internationally agreed standard set of recommendations on how to compile measures of economic activity in accordance with strict accounting conventions based on economic principles. [1]

Overview

The accounting framework of the SNA allows economic data to be compiled and presented in a format that is designed for purposes of economic analysis, decision-taking and policymaking.

The accounts themselves present in a condensed way a great mass of detailed information, organized according to economic principles and perceptions, about the working of an economy.

They provide a comprehensive and detailed record of the complex economic activities taking place within an economy and of the interaction between the different economic agents, and groups of agents, that takes place on markets or elsewhere.

The values of goods and services as recorded in the System of National Accounts bear a volume dimension and a price dimension.

Usage

An integral element of the SNA system are the Supply And Use Tables.

References

  • European system of accounts (ESA 2010)
  1. United Nations, International Standard Industrial Classification of All Economic Activities, revision 4, 2018