System of National Accounts, 1993

Books, March 15, 1993

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System of National Accounts, 1993

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Bibliographic details

• Published: March 15, 1993
• Series: Books
• DOI: https://doi.org/10.5089/9789211613520.071

Major advances and purpose

• The 1993 SNA represents a major advance in national accounting.
• Updates and clarifies the 1968 SNA and provides the basis for improving compilation of national accounts statistics.
• Promotes integration of economic and related statistics and enhances analysis of economic developments.
• Deals more clearly with relationships between economic flows (such as production, income, savings, accumulation, and financing) and links between these flows and stocks.
• Reflects significant developments that have taken place in financial markets and completes the integration of balance sheets into the system.
• Suggests how satellite accounts (e.g. environmental accounts) and alternative classifications (e.g., through social accounting matrices) can be used to augment the central framework of the system.

Substantive findings and methodological highlights

• Clarification of relationships among production, income, savings, accumulation, and financing.
• Integration of balance sheets into the national accounting framework to link stocks with flows.
• Acknowledgement of significant developments in financial markets that affect national accounting.
• Guidance on constructing satellite accounts (examples given: environmental accounts) to extend the central framework.
• Endorsement of alternative classifications such as social accounting matrices to augment the system.

Subjects and keywords

• Subject: Consumption, Financial statements, Fiscal accounting and reporting, Gross fixed investment, Income, National accounts, Public financial management (PFM)
• Keywords: BOOK, capital formation, Consumption, consumption expenditure, consumption goods, economic value, Financial statements, Fiscal accounting and reporting, fixed capital, fixed capital capital formation, full-time equivalent employment, Global, Gross fixed investment, holding gain, Income

Administrative and preparatory information

• Prepared under the auspices of the Inter-Secretariat Working Group on National Accounts of the Commission of the European Communities--Eurostat; International Monetary Fund; Organization for Economic Co-operation and Development; the Statistical Division, Department for Economic and Social Information and Policy Analysis, and regional commissions of the United Nations; and the World Bank.

International Monetary Fund. System of National Accounts, 1993, (USA: International Monetary Fund, 1993).