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National Accounts

The national accounts unit compiles the macroeconomic statistics pertaining to national accounts, of which the most important and often referred to economic indicator is the Gross Domestic Product (GDP).

In early 2007, a project was undertaken by the NSB to substantially update and improve the compilation of the national accounts to bring it in line with international standards and move on to the adoption of the UN “System of National Accounts, 1993 “ (SNA93. ).
Part of the project also focused on classification of economic activities using the UN “International Standard Industrial Classification” (ISIC) Rev4.

The first results from this redevelopment are published in the Statistical Bulletin which can be downloaded from here. It should be noted that the figures for 2004 - 2006 supersede previously published estimates which were compiled using the old system.

The main data published are:
  • GDP using the production approach in both current and constant 2006 prices
  • GDP by expenditure in current prices
  • Tourism contribution to GDP
To access the tables in Excel, the customized ISIC Rev.4 and Institutional Sector classifications used click here

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