Satellite Account of Non-profit Institutions and Volunteering
Satellite account structure of economy, component
Satellite account structure refers to the sectors of the economy that have been defined for the purposes of creating satellite accounts. A satellite account is an accounting system that follows the basic principles of the System of National Accounts (SNA) but also expands the analytical capacity for selected areas of economic or social concern, without overburdening or disrupting the central system. Satellite accounts are linked to the central framework of the national accounts and through them to the main body of integrated economic statistics.
Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.