Guide to analyze natural resources in national accounts
This guide might be useful for countries providing an overview of the contribution of the extractive industry to the economy (requirement 6.3).
This Guide to Analyze Natural Resources in the National Accounts (The Guide) presents and explains a set of standard Template Tables using the concepts recommended in the United Nations’ System of National Accounts 2008 (2008 SNA). Economic activity associated with natural resources is macro-critical for about 30 percent of Fund member countries.
Nevertheless, the available data on natural resources to guide policymaking and assess economic performance have often been limited. The Template Tables will guide compilation of national accounts for natural resources, and provide indicators for understanding the macroeconomic impact of changes in natural resource output and prices. Also, as part of the initiatives to develop national accounts beyond GDP, The Guide goes beyond production and covers other areas such as income, financing, labor, terms of trade, and depletion. It also takes into account Goal 5 of the UN Sustainable Development Goals (gender equality) by showing employment by gender.