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REPORT։ National Transfer Accounts in Armenia

REPORT։  National Transfer Accounts in Armenia
REPORT։  National Transfer Accounts in Armenia

Publisher

Number of pages

80

Author

Ameria Management Advisory, UNFPA

Technical Reports and Document

REPORT։ National Transfer Accounts in Armenia

Publication date

20 December 2024

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The report was developed by “Ameria Management Advisory” consulting company with the support of the UNFPA within the framework of CISPop “Better Data for Better Policies”, which is a regional UNFPA programme financed by the Russian Federation.

Its contents are the sole responsibility of the author and do not necessarily reflect the views of the Project and UNFPA.

The National Transfer Accounts (NTA) holds significant importance for economies worldwide and is continually gaining recognition and understanding. It “provides an accounting of economic flows to and from residents of a country classified by their age. The accounts are comprehensive in that all economic flows that arise as a consequence of the production of goods and services during the year are incorporated into the accounts.” The System of National Accounts (SNA) serves as an effective analytical tool for understanding the quantitative relationships among various economic entities. It comprises a set of accounts that collectively offer a comprehensive view of an economy of the country and its activities. These accounts provide a comprehensive and coherent conceptual structure for measuring economic activity of the nation. Sector accounts specifically offer a structured description of economic activities categorized by institutional sectors . The objective of the NTA is to enhance comprehension regarding the impact of population growth and shifting population age distributions on economic growth, gender and generational equity, public finances, and other critical aspects of the macro-economy.  When constructing NTA, it becomes feasible to assess how individuals across different age groups generate, consume, and distribute resources, as well as how they save for the future. 

The Annex in MS Excel format is downloadable from the Ministry of Finance website.