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This manual explains what GDP and GNI and their components are, and what they mean. It shows how they are used and what they are used for. And it uses practical examples and exercises to clearly explain these notions.
This manual approaches national accounts from a truly global perspective.
Special chapters are dedicated to international comparisons as well as to the national systems used in major economies such as USA, China and India. The opening chapter shows how national accounting concepts relate to macroeconomics.
The book goes on to systematically deal with volume and prices, international comparability, production, final uses as well as household, business, government and financial accounts.
It also explains how national accounts data are gathered and outlines the history of the system of national accounts.
Data and answers to exercises
National accounts data as well as answers to exercises and supplementary material are available online at
Browse the PDF
Download Understanding National Accounts in PDF.
How to obtain this publication