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Revealing the hidden generational economy: National Transfer Accounts

Tuesday, 14 April 2026 - 1:15pm

Overview

The National Administrative Department of Statistics (DANE) of Colombia; the Ministry of National Development Planning (BAPPENAS) of Indonesia; the National Institute of Population and Social Security Research of Japan; the State Department for Economic Planning of Kenya; the Government Population Council of Poland; and the Ministry of Social Development of Uruguay have published or utilized National Transfer Accounts (NTA) estimates as part of their official national statistics.

DESA, in collaboration with the NTA network, has taken a leading role in publishing standard guidelines: the National Transfer Accounts (NTA) Manual and the National Time Transfer Accounts (NTTA) Manual, with the National Inclusion Accounts Manual (NTAx) forthcoming. UNFPA, in partnership with DESA, ECLAC, and ESCAP, has been actively supporting Member States in strengthening capacity development on NTA tools and their policy applications.

The objectives of this event are to provide a strategic overview of NTA and related extensions (NTTA, NTAx) as decision-support tools for fiscal planning, social protection, and inclusive growth. This event showcases the implementation of NTA and explores the policy insights that can be gained regarding the respective roles of governments, families, and financial markets in meeting the needs of individuals throughout their life cycles.

Members of society are connected through family, friendship, markets, and public institutions, creating networks of care, support, and economic exchange. These relationships shift over the life course as individuals move between receiving and providing support. Children depend largely on families and public investment; working-age adults contribute more than they receive, supporting younger and older generations; and older persons rely on family, public transfers, and their own savings. These exchanges form an implicit social contract that underpins prosperity and embodies the SDG principle of “Leave No One Behind.â€

Conventional economic measures, such as GDP, do not fully capture these flows of resources that connect generations. Bringing greater visibility to this often unseen generational economy has become increasingly important in light of shifting population age structures: some countries are experiencing growth in their working-age populations and the potential for a demographic dividend, while others are facing rapid ageing that may affect the balance between contributors and beneficiaries. Measuring and understanding these dynamics can help inform policies that support long-term prosperity and fairness across generations.

National Transfer Accounts (NTA) is a comprehensive framework that measures production, consumption, asset income, and transfers by age groups. NTA clarifies how population growth and changing age structure affect economic growth, public finances, and generational equity. In the context of rapid population aging, NTA provides the evidence needed to design sustainable policies. 

An extension of the NTA is the National Time Transfer Accounts (NTTA), which includes unpaid caregiving and domestic services within households. Additionally, building further on the NTA, National Inclusion Accounts (NTAx) disaggregate economic flows by age and socioeconomic status.

 

Documents

 

Organization of work

Tuesday, 14 April 2026

 

13.15 – 13.25

Opening Remarks

  • Mr. Pio Smith, Assistant Secretary-General and Deputy Executive Director – Programme, UNFPA

13.25 – 13.33

UN’s role+ NTA background

  • NTA video
  • Nicole Mun Sim Lai, Population Affairs Officer, DESA

13.33 â€“ 14.08

Panel Discussion: NTA and Policy Insights (UN webTV)

Moderator: 

  • Simone Cecchini, Chief of the Latin American and Caribbean Demographic Centre (CELADE), ECLAC

Panelists: 

  • Bonface B. Makokha, Principal Secretary, State Department for Economic Planning, Kenya
  • Maliki, Deputy for Community Empowerment, Ministry of National Development Planning, BAPPENAS, Indonesia
  • Piedad Urdinola Contreras, Director General, the National Administrative Department of Statistics (DANE), Colombia
  • Reiko Hayashi, Director General, National Institute of Population and Social Security Research (IPSS), Japan
  • Agnieszka ChÅ‚oÅ„-DomiÅ„czak, President, the Government Population Council, GPC, Poland
  • Juan Martín Fernández, National Director of Transfers and Data Analysis, Ministry of Social Development, Uruguay

14.08 â€“ 14.18

Q&A (DESA) 

 

14.18 â€“ 14.23

Closing Remarks

  • Ms. Bjørg Sandkjær, Assistant Secretary-General, DESA