Term:
National accounts
Definition:

National accounts are a coherent, consistent and integrated set of macroeconomic accounts, balance sheets and tables based on a set of internationally agreed concepts, definitions, classifications and accounting rules.

National accounts provide a comprehensive accounting framework within which economic data can be compiled and presented in a format that is designed for purposes of economic analysis, decision-taking and policy-making.

Domain:
Economics & National Accounts
Source:
The OECD Economic Outlook: Sources and Methods
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