The 2008 SNA - compilation in brief A complement to the System of National Accounts 2008 World Bank . Table of contents Chapter 1: Facing up to limited resources.............................................................................................................................1 A. Introduction ..........................................................................................................................................................1 B. Background information .......................................................................................................................................2 C. How much of the 2008 SNA is relevant for developing countries? ......................................................................3 D. Facing conflicting objectives ................................................................................................................................3 1. Accuracy vs. comprehensiveness ............................................................................................................5 2. Revisions..................................................................................................................................................5 E. International standards and local needs ..............................................................................................................6 F. National accounts and senior managers..............................................................................................................6 1. National accounts and basic data .............................................................................................................7 Chapter 2: Allocating limited resources.................................................................................................................................9 A. Introduction ..........................................................................................................................................................9 B. Section 1: Estimating GDP ..................................................................................................................................9 C. Section 2: How income gives rise to consumption and saving ..........................................................................10 D. Section 3: Building national wealth ....................................................................................................................10 E. Section 4: Practical matters ...............................................................................................................................11 F. In conclusion ......................................................................................................................................................11 Chapter 3: Collecting enterprise data...................................................................................................................................13 A. Introduction ........................................................................................................................................................13 B. Data requirements .............................................................................................................................................13 C. Data validation ...................................................................................................................................................14 D. Types of enterprises ..........................................................................................................................................15 1. Medium sized enterprises.......................................................................................................................16 2. The informal sector ................................................................................................................................18 3. The use of administrative data ...............................................................................................................18 4. Enterprises and establishments ..............................................................................................................19 Chapter 4: The industry dimension ......................................................................................................................................21 A. Introduction ........................................................................................................................................................21 B. Agriculture..........................................................................................................................................................22 C. Forestry and fishing ...........................................................................................................................................23 D. Mining and quarrying .........................................................................................................................................23 E. Manufacturing ...................................................................................................................................................23 F. Electricity and gas..............................................................................................................................................24 G. Water ................................................................................................................................................................24 H. Construction.......................................................................................................................................................24 I. General issues concerning service industries working on margins ..................................................................25 i The 2008 SNA - compilation in brief J. Wholesale and retail trade .................................................................................................................................25 K. Sale and repair of motor vehicles.......................................................................................................................26 L. Transportation and storage ................................................................................................................................26 M. Accommodation and food service activities .......................................................................................................27 N. Other services ....................................................................................................................................................27 Chapter 5: Compiling the production account and the first measure of GDP..................................................................29 A. Introduction ........................................................................................................................................................29 1. Valuation ................................................................................................................................................29 2. Inventories of work-in-progress.............................................................................................................30 B. Agriculture ..........................................................................................................................................................30 C. Forestry ..............................................................................................................................................................34 D. Fishing................................................................................................................................................................35 E. Manufacturing ....................................................................................................................................................35 F. Gas, electricity and water...................................................................................................................................36 G. Construction .......................................................................................................................................................36 H. Wholesale and retail trade .................................................................................................................................37 I. Transportation and storage ................................................................................................................................38 J. Information and communication .........................................................................................................................38 K. Hotels and restaurants .......................................................................................................................................39 L. Public services ...................................................................................................................................................39 M. Financial services...............................................................................................................................................39 1. Deposits and loans..................................................................................................................................40 2. Bonds and bills.......................................................................................................................................41