It continues to evolve and is maintained by the United Nations, the International Monetary Fund, the World Bank, the Organisation for Economic Co-operation and Development and the Statistical Office of the European Communities. For example, standardized assets and liabilities accounts for households hardly exist and remain to be developed. Once the national accounts data in national currency are complete, the current and constant price series are converted into US Dollars by applying the corresponding market exchange rates as reported by the IMF. The most general criticism of SNA has always been that its concepts do not adequately reflect the interactions, relationships and activities of the real world – for a variety of reasons, but mainly because: The most popular criticism of national accounts is made against the concept of GDP (Gross Domestic Product). The National Accounts Main Aggregates Database presents a series of analytical national accounts tables from 1970 onwards for more than 200 countries and areas of the world. Abstract The National Accounts Main Aggregates Database presents a series of analytical national accounts tables from 1970 onwards for more than 200 countries and areas of the world. In the valiant attempt to include all "micro" business activities under general "macro" headings, necessarily a distorted picture of reality results because at least a portion of micro transactions does not easily fit under the general conceptual headings. In most OECD countries, statisticians have in recent years estimated the value of housework using data from time use surveys. This obscures the reality that market-production depends to a large extent on non-market labour being performed. National accounts data are constructed from thousands of different data series, and the results are typically revised several times after the first official estimates are published. Typically, the results suggest that the value of unpaid housework is close to about half the value of GDP. The systems used by some countries (for example, France, United States and China) differ significantly from the SNA. In that case, one may not need to survey P or its components directly, it is sufficient to get trend data for X, Y, and Z and feed them into a mathematical model which then predicts what the values for P will be at each interval of time. Among the reasons are that: These accounts include various annexes and sub-accounts, and standards are also provided for input-output tables showing the transactions between production sectors. For the 2008 SNA Revision, full-text is available online: [6]. The revision of the 1993 system was coordinated by the Intersecretariat Working Group on National Accounts (ISWGNA) comprising the United Nations Statistics Division (UNSD), International Monetary Fund (IMF), World Bank (WB), Organisation for Economic Co-operation and Development (OECD), Statistical Office of the European Communities (Eurostat) and the United Nations regional commissions. Promoting the work and knowledge of the UN through marketing, sales and distribution of publications, data and merchandise, National Accounts Statistics: Analysis of Main Aggregates, National Accounts Statistics: Analysis of Main Aggregates 2018, National Accounts Statistics: Analysis of Main Aggregates 2017, National Accounts Statistics: Analysis of Main Aggregates 2016, National Accounts Statistics: Analysis of Main Aggregates 2015, National Accounts Statistics: Analysis of Main Aggregates 2014, National Accounts Statistics: Analysis of Main Aggregates 2013, National Accounts Statistics: Analysis of Main Aggregates 2012, National Accounts Statistics: Analysis of Main Aggregates 2011, National Accounts Statistics: Analysis of Main Aggregates 2010, National Accounts Statistics: Analysis of Main Aggregates 2009, National Accounts Statistics: Analysis of Main Aggregates 2008, National Accounts Statistics: Analysis of Main Aggregates 2007, National Accounts Statistics: Analysis of Main Aggregates 2006, National Accounts Statistics: Analysis of Main Aggregates 2004-2005, National Accounts Statistics: Analysis of Main Aggregates 2003-2004, National Accounts Statistics: Analysis of Main Aggregates 2002-2003, National Accounts Statistics: Analysis of Main Aggregates 2001, National Accounts Statistics: Analysis of Main Aggregates 1998-1999, National Accounts Statistics: Analysis of Main Aggregates 1888-1989, National Accounts Statistics: Analysis of Main Aggregates 1987, National Accounts Statistics: Analysis of Main Aggregates 1985, National Accounts Statistics: Analysis of Main Aggregates 1983. These models are designed to predict what particular data values ought to be, based on sample data for "indicative trends". Additionally, national statistical offices may also publish SNA-type data series. : +41-022/917 32 76, DC2-06102 United Nations PlazaNew York, N.Y. The "first final figures" may in fact be retrospectively revised several times because of new sources, methods or conceptual changes. Maintain International Peace and Security, UN Department of Economic and Social Affairs, UNÂ Department for General Assembly & Conference Management, UN Office for the Coordination of Humanitarian Affairs, Department of Political and Peacebuilding Affairs, UN Office of the Coordination of Humanitarian Affairs, Office for the High Commissioner for Human Rights, Statute of the International Court of Justice, UN75 - 75th Anniversary of the United Nations, Violence Against Women and Girls (Spotlight Initiative), Prevention of Genocide and the Responsibility to Protect, Secretary-Generalâs Roadmap for Digital Cooperation. It continues to evolve a… Economic and financial data from member countries are used to compile annual (and sometimes quarterly) data on gross product, investment, capital transactions, government expenditure and foreign trade. Statistics Division, UN Department of Economic and Social Affairs, "Historic Versions of the System of National Accounts" webpage. Thus, there may be "external incentives" for the production of more comprehensive statistical information which affect some countries, but are much less evident in others, where the information is required by some international body. some governments invest far more money in statistical research than other governments. The yearly revisions may be quantitatively slight, but cumulatively across e.g. Department of Economic and Social Affairs, National Accounts - Analysis of Main Aggregates (AMA), National Accounts Statistics: Main Aggregates and Detailed Tables, Standard country or area codes for statistical use (M49). For full details on the 1968, 1993 or 2008 SNA, please visit the SNA website. It should be noted that the international comparability of data expressed in US Dollars between countries may not be entirely justified because the exchange rates applied may, in practice, only be used for the conversion of a limited number of external transactions and may not be relevant for the much larger portion of GDP covering domestic transactions. 10017USATel. We use cookies on our website to enhance your online experience and to analyze visitors’ navigation patterns. The data quality has also often been criticized on the ground that what pretends to be "data" in reality often consists only of estimates extrapolated from mathematical models, not direct observations. It is the product of a global cooperation effort between the Economic Statistics Branch of the United Nations Statistics Division, international statistical agencies and the national statistical services of these countries and is developed in accordance with the recommendation of the Statistical Commission at its first session in 1947 that the Statistics Division should publish regularly the most recent available data on national accounts for as many countries and areas as possible. the production account (components of gross output), the primary distribution of income account (incomes generated by production), the transfers (redistribution) account (including social spending), the (domestic) financial transactions account ("flow of funds"), the assets and liabilities account (balance sheet), the external transactions account (balance of payments). In cases where a country experiences considerable distortion in the conversion rates, the United Nations Statistics Division uses price-adjusted rates of exchange (PARE) as an alternative to the exchange rates reported by the IMF or UN operational rates of exchange. The National Accounts Section of the United Nations Statistics Division: Contributes to the international coordinated development and updating of the System of National Accounts (SNA). The OECD provides some overview commentary [7]. The System of National Accounts (often abbreviated as SNA; formerly the United Nations System of National Accounts or UNSNA) is an international standard system of national accounts, the first international standard being published in 1953. Christine Lagarde, the head of the International Monetary Fund, claimed at the IMF World Bank annual meetings in Tokyo in October 2012 that women could rescue Japan’s stagnating economy, if more of them took paid jobs instead of doing unpaid care work.
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