In analysing the sustainability of government finances, the focus tends to be on gross government debt as a percentage of GDP. However, as gross debt does not take into account the asset side of government balance sheets, this measure only tells part of the story. Assets may generate income or be sold in order to redeem part of gross debt, and are therefore very relevant in assessing the financial health of government as well.
National Accounts at a Glance presents information using an "indicator" approach, focusing on cross-country comparisons. The aim being to make the national accounts more accessible and informative, whilst, at the same time, taking the opportunity to present the conceptual underpinning of, and comparability issues inherent in, each of the indicators presented.
The range of indicators reflects the richness inherent in the national accounts dataset and encourages users to refocus some of the spotlight that is often placed on gross domestic product (GDP) to other economic important indicators, which may better respond to their needs. The publication is broken down into eight key chapters, and provides indicators related to GDP, income, disposable income, expenditure, production, household, government, corporations and capital respectively.
The data analyses the size of revisions for the first estimates of seasonally adjusted, quarter-on-quarter and year-on-year GDP volume growth rates, as published in successive issues of the OECD Main Economic Indicators database and collected in the Revisions Analysis Dataset – Infra-annual Indicators online dataset.
English, PDF, 76kb
From now on, GDP and some related indicators will be identical across the respective databases of several international organisations.
English, PDF, 2,836kb
This Statistics Brief analyses revisions to quarterly GDP growth rates for 18 OECD countries from the fourth quarter of 1994 to the fourth quarter of 20132. It looks at the magnitude of the revisions to economic growth and its underlying expenditure components.
Statistics Working Paper N. 61, 2015/3 - This article gives methodological guidance on how best to compare the share of profits in value-added across countries using national accounts. The four countries covered are France, Germany, Italy and the United States.
The special Conference on “W(h)ither the SNA?” is jointly organised by the International Association for Research in Income and Wealth (IARIW) and the OECD.
English, PDF, 5,000kb
In 2009, the United Nations Statistical Commission endorsed a revised set of international standards for the compilation of national accounts: the System of National Accounts (SNA) 2008, replacing the 1993 version of the SNA. By December 2014, most OECD countries had implemented the new standards. The actual implementation however varied depending on country circumstances.
NBS-OECD Workshops on National Accounts