National Accounts at a Glance 2013
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 six key chapters, and provides indicators related to GDP, income, expenditure, production, government and capital respectively. Data are generally provided for the period 1998-2011.
Also available in: French
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Gross saving and net lending/net borrowing
The concepts of saving and net-lending are introduced in respectively. However they are reintroduced in this section on General Government to reflect the particular importance these concepts have in the area of government finances. Saving is typically associated with the Golden Rule concept, namely that government current expenditures minus current receipts (such as taxes) should net out over the course of an economic cycle. Net lending/borrowing reflects the fiscal position after accounting for capital expenditures. Net-lending means that government is providing financial resources to other sectors and net-borrowing means that government requires financial resources from other sector.
Also available in: French
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Click to download PDF - 301.51KBPDF