September 2014 – A brief preview of the forthcoming revision of South Africa's national accounts and balance-of-payments statistics
Last Modified Date:
2020-10-01, 09:31 PM
Quarterly Bulletins > Articles and Notes
IntroductionThe development of markets and the emergence of new products continuously promote changes in global economic processes. In keeping with the dissemination of relevant and reliable information within these continually changing environments, statistical systems have to adjust accordingly. The latest editions of the System of National Accounts (the 2008 SNA) and the Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) provide an international macroeconomic statistical standard for this purpose. This note provides a brief overview of some of the changes that will affect South Africa’s national accounts and balance of payments statistics following the partial implementation of the 2008 SNA and BPM6 at the end of 2014.