Evolution of Nationwide Accounts Statistics Compilation Practices Over the Interval 2018 to 2021 in 189 Economies

This paper analyzes the evolution of nationwide accounts statistics compilation practices over the interval of 2018 to 2021 for 189 economies. That is helpful data for monitoring the standard of nationwide accounts statistics and supporting identification of areas for enchancment. Economies can use this knowledge to benchmark their practices to the area and the world. Many economies have made strides in implementing 2008 SNA to higher replicate the dimensions and construction of the financial system nonetheless, there hasn’t been an evaluation on how fast the migration is. With the brand new 2025 SNA classic on the horizon, it was crucial to verify what number of economies are utilizing the 2008 SNA classic as it’s going to present a clue to how briskly authorities will migrate to the brand new framework. We discovered that 31 economies have moved to the 2008 SNA between 2018 and 2021. The paper additionally examined what number of economies began compiling quarterly GDP in the course of the interval 2018 and 2021.