United Nations System of National Accounts (UNSNA)

The United Nations System of National Accounts (UNSNA) is a standardized framework used worldwide to measure and analyze a country's economic activity. It provides consistent definitions and classifications for things like production, income, consumption, and investment. This system enables governments, economists, and policymakers to accurately compare economic performance over time and across countries, guiding decision-making and policy development. Essentially, UNSNA offers a comprehensive, reliable picture of a nation's economy, ensuring that data is collected and reported in a uniform way for better understanding and analysis.