The classification hierarchies of the SNA and associated codes

As explained in chapter 2, the accounts of the SNA are built around a small number of conceptual elements, in particular sectors, transactions and classifications of the items subject to transactions and other flows, especially assets and liabilities. For each of these elements, a hierarchical classification exists. Accounts can be compiled at greater or lesser degrees of detail by using higher or lower levels of these hierarchies. In some cases, a full specification requires information about two or even three hierarchies. For example, entries in the accounts typically refer to a sector and a transaction or other flow and may specify what type of product or asset is the subject of the entry.

Related Subject(s): Economic and Social Development