System of National Accounts 2008

image of System of National Accounts 2008
The System of National Accounts, 2008 (2008 SNA) is an updated version of the System of National Accounts, 1993 (1993 SNA). The 2008 SNA starts with an introduction and an overview and then presents the accounting rules, the accounts and tables, and their integration.

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The households sector

The economy functions because people want goods and services and are prepared to work to obtain them. At the most basic level there is subsistence activity where people work to grow food to eat. Any sort of development gives opportunities to earn money by working for others and using it to buy goods and services different from those one’s labour has created.

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