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National National Accounts Accounts at a Glance at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

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Objectives of the publication Indicator approach focusing on cross-country comparisons Making the accounts more accessible using meaningful indicators and charts Short definitions easy to understand + information on comparability issues Show the richness of the national accounts dataset Focus on measures other than GDP (Stiglitz commission) Flexible content that may change from year to year

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Page 1: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

National Accounts National Accounts at a Glanceat a Glance

New OECD publication

National Accounts Working Party Meeting

Paris 4-6 November 2009

Page 2: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

The OECD annual national accounts publications

• Volume I: Main Aggregates Country tables + Comparative tables

• Volumes IIa and IIb: Detailed tables• Volume IIIa: Financial Accounts - Flows • Volume IIIb: Financial Balance Sheets - Stocks• Volume IV: General Government Accounts

• National Accounts at a Glance

Page 3: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Objectives of the publication Indicator approach focusing on cross-country

comparisons Making the accounts more accessible using

meaningful indicators and charts Short definitions easy to understand

+ information on comparability issues Show the richness of the national accounts dataset Focus on measures other than GDP

(Stiglitz commission) Flexible content that may change

from year to year

Page 4: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

An example

Page 5: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Content• Chapter 1: GDP• Chapter 2: Income• Chapter 3: Expenditure• Chapter 4: Production• Chapter 5: General government• Chapter 6: Capital• Annex

– A. Reference series– B. 2008 SNA – changes from 93 SNA– C. Glossary of main terms

Page 6: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 1: GDP

• Size of GDP• GDP growth• GDP per capita, OECD = 100

Page 7: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 2: Income

• Net national income per capita, OECD = 100• Household gross adjusted disposable income

per capita• Real net national income index• Net saving rate, % of GDP• Household net saving rate, % of HH disposable

income• Net lending/net borrowing by sector

Page 8: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 3: Expenditure• Household final consumption, % of GDP• Actual individual consumption• General government final consumption

expenditure• Gross fixed capital formation by asset• Investment in ICT• Gross fixed capital formation by sector• Exports and imports, annual growth rates in % • Terms of trade

Page 9: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 4: Production

• Gross value added at basic prices• Gross value added by activity, % of total• Contribution to gross value added growth by

activity• Compensation of employees by activity

Page 10: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 5: Government

• General government expenditure, % of GDP• Taxes in the SNA, % of GDP• Social contributions to government, % of GDP• Social benefits to households, % of GDP• Financial assets and liabilities of general

government, % of GDP

Page 11: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Chapter 6: Capital

• Net capital stock, year 2000 = 100• Consumption of fixed capital, % of GDP• Non-financial assets of households per capita

(dwellings and lands)• Financial assets of households by type of

financial asset

Page 12: National Accounts at a Glance New OECD publication National Accounts Working Party Meeting Paris 4-6 November 2009

Comments and suggestions

• General comments on the publication• Comments on the selection of indicators • Any important missing information ?• Any suggestion to expand the content ?• Your experience with similar publication

Contact: [email protected]