Formerly Senior Statistician,
*Email id: dr_gulabsingh@yahoo.com
The System of National Accounts (SNA) is the internationally agreed standard set of recommendations on how to compile measures of economic activity. It was first adopted by the United Nations in 1953 and has since been revised in 1968, 1993, and 2008. The United Nations Statistical Commission, at its 52nd session in 2021, approved a roadmap for the revision of the 2008 SNA to be adopted by it in 2025. The paper briefly describes the 2008 SNA revision process and presents the main conceptual changes to the 2008 SNA included in the 2025 SNA that would impact macroeconomic indicators, such as GDP/NDP and net worth. It also provides a description of additional tables/data items recommended to be compiled and presented by countries.
SNA, Gross domestic product (GDP), Net domestic product (NDP), Net worth, Market and non-market output, Measurement of output, Intellectual property products, Capital formation, Depreciation, Depletion, Produced assets, Cultivated and non-cultivated resources, Ownership of natural resources, Financial intermediation services indirectly measured, Accounting for well-being, Digitalization, Unpaid household work, Inverse merchanting
