The Regulations of Finance Statistics
Finance Statistics Manual
- Finance statistics are statistical data prepared in accordance with the international statistics guidelines (GFSM, PSDS, etc.) established by international bodies (IMF, etc.).
- Korea submits finance statistics prepared in accordance with GFSM and PSDS to the related international organizations every year.
- UN → SNA(System of National Accounts)
- eurostat → ESA(European System of National and Regional Accounts)
- IMF OECD → GFSM(Government Finance Statistics Manual), PSDS(Public Sector Debt Statistics)
The System of National Accounts (SNA) is the recommended standard for the method of measuring economic activity that has been internationally agreed upon. SNA 2008, which is the 5th revised edition, reflects the socioeconomic changes observed in various countries and clarifies the role of national accounts. It was revised for the purpose of greatly advancing the analytical indicators of national accounts.
The European Union (EU) established the European System of National and Regional Accounts (ESA, 2010) in order to apply the SNA guidelines to its member states.
The IMF establishes international standards pertaining to finance statistics, and such includes the Government Finance Statistics (GFSM, 2014) Manual and Public Sector Debt Statistics Guide for Compliers and Users (PSDS)
A Comparison of the Scope of the National Statistics Manuals
SNA/ESA
- PSDS
- Public Economy
- Public Sector
- GFSM
- General Govemment
- Central Govemment
- Local Govemment
- Public Enterprises
- Non-Financial PublicEnterprises
- Financial Public Enterprises
- General Govemment
- GFSM
- Private Sector
- Household Finance
- Enterprises
- Non-Finanical Enterprises
- Financial Enterprises
- Public Sector
- Public Economy