Abstract

One of the estimation challenges associated with the updated System of National Accounts involves the capitalization of Data as an asset. Since 2019, Canada has been actively working on the estimation of investment and stock of Data as a capitalized asset. The original methodology has evolved with increased precision of the estimation parameters and assumptions. This presentation will focus on Canada’s efforts to estimate Data as a capitalized asset, including the testing and implementation of the compilation recommendations from the Data Task Team. This presentation will also touch on the impacts of Data as a capitalized asset on the sequence of national accounts.