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EUROPEAN SYSTEM OF ACCOUNTS 1995 (ESA)

Statistics Directorate    
Definition:
The European System of National and Regional Accounts (1995 ESA, or simply: ESA) is an internationally compatible accounting framework for a systematic and detailed description of a total economy (that is a region, country or group of countries), its components and its relations with other total economies.

Context:
The 1995 ESA replaces the European System of Integrated Economic Accounts published in 1970 (1970 ESA; a second, slightly modified edition appeared in 1978). The 1995 ESA is fully consistent with the revised world-wide guidelines on national accounting, the System of National Accounts (1993 SNA, or simply SNA). However, the ESA is focused more on the circumstances and data needs in the European Union.

Source Publication:
ESA para. 1.01.

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Tuesday, March 04, 2003