The European System of Accounts (ESA) is the system of
national accounts and regional accounts used by members of the
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are located primarily in Europe, Europe. The union has a total area of ...
. It was most recently updated in 2010 (ESA 2010).
The ESA 95 is fully consistent with the
United Nations System of National Accounts
The System of National Accounts (often abbreviated as SNA; formerly the United Nations System of National Accounts or UNSNA) is an international standard system of national accounts, the first international standard being published in 1953. Handb ...
(1993 SNA) in definitions, accounting rules and classifications.
However, it incorporates certain differences, particularly in its presentation, that are more in line with use within the European Union. The ESA 95 underwent
revisionto meet the requirements of the update of the SNA 1993 launched in 2003 under the auspices of the United Nations.
See also
*
Balance of payments
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., ...
*
Capital account
*
Gross national income in the European Union
*
Gross output
*
Net output
*
Value added
References
Council Regulation (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community the annex contains the whole ESA95
*European Commission (1996)
Eurostat, Brussels-Luxembourg,1996, xx + 383 pp.
{{Authority control
National accounts