System of National Accounts (SNA)

The System of National Accounts (SNA) is a comprehensive framework used internationally to measure and organize a country's economic activity. It provides standardized methods to record all economic transactions—such as production, income, consumption, and investment—over a specific period. This system helps governments, analysts, and policymakers understand the overall size, structure, and performance of an economy, enabling informed decisions and comparisons across countries. Essentially, the SNA offers a clear, consistent way to quantify economic activities, ensuring that data across different nations and sectors are comparable and reliable.