The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Social Accounting

  • Nancy D. Ruggles
Reference work entry


Social accounting, or national accounting as it is usually termed today, broadly refers to the body of data that portrays a nation’s economic activity in terms of the output produced and incomes created, the stocks of capital goods and other inputs required, and the financial pathways and instruments used. More narrowly, the national accounts are the system of double-entry accounts in which this information is displayed, together with the more detailed data underlying them.

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Nancy D. Ruggles
    • 1
  1. 1.