Australian System of National Accounts methodology

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Reference period
2019-20 financial year
Released
30/10/2020

Explanatory notes

National accounts are designed to provide a systematic summary of economic activity and have been developed to facilitate the practical application of economic theory. At their summary level, the accounts reflect key economic flows: production, income, consumption, investment and saving. At their more detailed level, they are designed to present a statistical picture of the structure of the economy and the detailed processes that make up domestic production and its distribution.

This publication contains detailed national accounts estimates which are provided for gross domestic product (GDP) and its components, the national income account, the national capital account, the national financial account and the national balance sheet. Income, capital and financial accounts and a balance sheet are provided for each sector of the economy. Also provided is a range of information classified by industry, details of capital formation (including capital stocks) and productivity statistics. For brief definitions and description of items in the national accounts, see Glossary.

Historical background

Concepts, sources and methods

Gross Domestic Product (GDP)

Other national accounts statistical publications

Reliability and future revisions

Quality declaration

Institutional environment

Relevance

Timeliness

Accuracy

Coherence

Interpretability

Accessibility

Glossary

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Abbreviations

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