National Accounts
Introduction
Economic activities in a country are characterized by numerous transactions
between different sectors, namely the government, the financial and non-financial
sector, the household sector, the non-profit institutions and the rest of the
world. In order to understand this complex economic process, it is important
to have an adequate system. National accounts provide this insight for they
give an overview of the economic process in a certain year. This overview is
based on an international system of definitions and classifications, the System
of National Accounts.
In 1993 the revised version of the System of National Accounts namely the System
of National Accounts 1993 (SNA93) was introduced and published as a joint production
of the United Nations, the International Monetary Fund, the Commission of the
European Communities, the Organization for Economic Co-operation and Development,
and the World Bank.
The SNA93 is an improvement compared to the previous version (SNA68) in terms
of updating, clarification, simplification and harmonization. It provides a
comprehensive, consistent and flexible set of macro-economic accounts, which
can be used for economic analysis and policy purposes. This System was recommended
for use to all member states, also for comparability purposes.
The SNA93 provides 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. Since the accounts
are usually compiled for a couple of years, they can also be used for analyzing
economic developments over time.
The compilation of national accounts in the Netherlands Antilles is momentarily
in a transition phase. Given the comprehensiveness and complexity of the System,
it was decided to gradually update all tables and publications according to
the System of National Accounts 1993. Therefore some of the tables are still
according to the SNA68 as will be explained below.
Data according to the SNA93
At this moment the Bureau has a set of data for the years 1996-1999
according to the new System. The data relate to Bonaire, Curaçao,
the Windward Islands and the Netherlands Antilles. Some of the tables
(see tables P1 till P12) are presented below .
The full set of tables and methodological differences between the old
and new System are presented in the publication " National Accounts
Netherlands Antilles 1996-1999" which is available at the Bureau.
Tables:
Netherlands Antilles
P1. Gross Domestic product by sector and kind of economic activity
P2. Gross fixed capital formation by sector and kind of economic activity
P3. Income per capita
P4. Product, income, savings and net lending
P5. Supply and Use summary
Bonaire
P7. Gross Domestic product by sector and kind of economic activity
P8. Gross fixed capital formation by sector and kind of economic activity
Curaçao
P9. Gross Domestic product by sector and kind of economic activity
P10. Gross fixed capital formation by sector and kind of economic activity
Windward islands
P11. Gross Domestic product by sector and kind of economic activity
P12. Gross fixed capital formation by sector and kind of economic activity
Data according to SNA68
The Bureau has final enterprise data up to the year 2000 for Bonaire, Curaçao,
the Windward Islands and the Netherlands Antilles, according to the previous
SNA. The complete set of tables are presented in the publication "Statistiek
bedrijven 2000" (in Dutch, order here). The
value added and the gross fixed capital formation from this publication are
included in tables below for the years 1998-2000.
The enterprise data are extrapolated for the years 2001 and 2002 by means of
production indicators. This system combined with data from the government sector
and the balance of payments results in a system of preliminary national accounts
containing more recent data for Bonaire and Curaçao. This data is published
in the publication "Recente Nationale Rekeningen 2002". Some of the
tables from this publication will be presented below.
A system of preliminary national accounts is being set up for the Windward Islands.
At this moment some very preliminary data are available only for total GDP in
2001 and 2002 for the Windward Islands and therefore for the total of the Netherlands
Antilles. The details by industry are based on the Value Added share of the
industries in the year 2000.
These data regarding 1998-2002 are according to the SNA68 (see tables P13 to
P25). Because of differences in definitions, these data are not comparable to
the data compiled on the basis of SNA93. A preliminary set of data according
to the SNA93 will be set up in the course of next year.
Tables:
Netherlands Antilles
P13. Gross Domestic product by sector and kind of economic activity
P14. Gross fixed capital formation by sector and kind of economic activity
P15. Income per capita
Bonaire
P16. Gross Domestic product by sector and kind of economic activity
P17. Gross fixed capital formation by sector and kind of economic activity
P18. Income per capita
P19. Supply and use of goods and services
Curaçao
P20. Gross Domestic product by sector and kind of economic activity
P21. Gross fixed capital formation by sector and kind of economic activity
P22. Income per capita
P23. Supply and use of goods and services
Windward islands
P24. Gross Domestic product by sector and kind of economic activity
P25. Gross fixed capital formation by sector and kind of economic activity
|
