December 2004 - Note on the benchmarking and rebasing of South Africa’s national accounts
T H Mantshimuli
Last Modified Date:
2020-10-01, 09:30 PM
Quarterly Bulletins > Articles and Notes
South Africa’s national accounts are estimated in accordance with the 1993 System of National Accounts (SNA). The SNA is a set of guidelines that provides a comprehensive conceptual and accounting framework for compiling a macroeconomic database suitable for analysing and evaluating economic performance. One of the recommendations of the SNA is that the base year of constant price estimates be changed periodically. The current base year, 1995, was introduced five years ago in 1999.