Non-Profit Institutions in National Accounts

Anotace: Since the outset of economic transformation in the 90th of the 20th century, the sphere of non-profit institutions in the Czech economy has been expanding. This evolution poses a challenge for macroeconomic statistics and its compilers to reflect adequately the operation of non-profit segment as well as to treat non-profit institutions properly in terms of their sector classification. The paper thus aims to discuss not only the treatment of non-profit institutions in national accounts but also the way non-profit institutions are identified in the regulatory environment of the Czech economy and classified following the rules laid down in the national accounts methodology. The paper also highlights major obstacles the compilers are facing when dealing with this specific economic sphere.