OECD System of National Accounts

  • Public sector statistics from the United Nations System of National Accounts (UN SNA)
    • The System of National Accounts (SNA) is a statistical framework that provides a comprehensive set of financial statements of the national economy to record the economic activities by all economic agents in a country. The United Nations published the first guidelines on the SNA in 1953 and revised them in 1968, 1993, and 2008
      * The accrual basis accounting was introduced in the 1993 SNA
    • In addition to general government statistics that include the central and local governments, the public sector statistics that include public institutions have been recommended since the 2008 SNA. Korea has published the public sector statistics based on the SNA standards since 2014
  • Statistics are calculated and provided based on the general government for both SNA and GFSM
    • The OECD statistics are consistent with the SNA
    • The SNA is the standard guideline accepted internationally, and most items in the GFSM/PSDS also follow the SNA for definitions and reference frameworks for concepts

Fiscal Revenue

  • Public sector statistics from the United Nations System of National Accounts (UN SNA)
    • The System of National Accounts (SNA) is a statistical framework that provides a comprehensive set of financial statements of the national economy to record the economic activities by all economic agents in a country. The United Nations published the first guidelines on the SNA in 1953 and revised them in 1968, 1993, and 2008
      * The accrual basis accounting was introduced in the 1993 SNA
    • In addition to general government statistics that include the central and local governments, the public sector statistics that include public institutions have been recommended since the 2008 SNA. Korea has published the public sector statistics based on the SNA standards since 2014
  • Statistics are calculated and provided based on the general government for both SNA and GFSM
    • The OECD statistics are consistent with the SNA
    • The SNA is the standard guideline accepted internationally, and most items in the GFSM/PSDS also follow the SNA for definitions and reference frameworks for concepts
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(Unit : million dollars, %)