Welcome GuestLogin
Inventory of International Statistical Standards

Search the wiki


Other Information

The System of National Accounts, 2008 (2008 SNA)

Valid from2009
Previous versions1993, 1968, 1953
DescriptionInternationally agreed standard set of recommendations on how to compile measures of economic activity in accordance with strict accounting conventions based on economic principles. The recommendations are expressed in terms of a set of universally valid concepts, definitions, classifications and accounting rules.

The main objective of the SNA is to provide a comprehensive conceptual and accounting framework that can be used to create a macroeconomic database suitable for analysing and evaluating the performance of an economy. The SNA has a very important statistical function by serving as a coordinating framework for economic statistics in two different senses. In the first place, the SNA is seen as the conceptual framework for ensuring the consistency of the definitions and classifications used in different, but related, fields of statistics. Secondly, the SNA acts as an accounting framework to ensure the numerical consistency of data drawn from different sources. The framework of the SNA provides accounts that are comprehensive, consistent and integrated.

The SNA measures what takes place in the economy, between which agents, and for what purpose. The accounts of the SNA provide more than a snapshot of the economy at a point in time, since in practice the accounts are compiled for a succession of time periods and at different levels of aggregation.
Maintenance organization International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD), Statistical Office of the European Union (EUROSTAT), United Nations Statistics Division (UNSD), World Bank (WB)
Statistical domains 2.2 Economic accounts
Type of standardConcepts and Definitions
Languages Arabic, Chinese, English, French, Russian, Spanish
Information last updated14/02/11