National Accounts Statistics, of which the most important and often referred to economic indicator is the Gross Domestic Product (GDP) are compiled and published annually and quarterly.

The National Bureau of Statistics commenced the process of rebasing and revision of the National Accounts Statistics in 2017. For the first time the development of a Supply and Use Table (SUT) as an essential part of rebasing the National Accounts Statistics was undertaken. In addition, the rebasing implemented the recommendations contained in the 2008 System of National Accounts (2008 SNA), changed the base year from 2006 to 2014 and revised the data sources and methods for the annual and quarterly national accounts estimates.

As of October 2021, national accounts data are produced according to the new concepts and definitions.

At this stage, GDP is compiled in current and constant price using the production approach GDP (P) by economic activity as well as the expenditure approach GDP (E) in current prices only.

The classification of economic activities is based on a customised version of the UN “International Standard Industrial Classification” (ISIC) Rev4. Click here to download.