Supply and Use Table

Supply and Use Table represents a detailed snapshot of all economic activities taking place in the economy. Read more about Supply and Use Table Explained, Purpose, Latest News

Supply and Use Tables
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Supply and Use Table Latest News

Recently, the Ministry of Statistics and Programme Implementation (MoSPI) has released the ‘Supply and Use Tables of 2020-21 and 2021-22’.

About Supply and Use Table

  • It represents a detailed snapshot of all economic activities taking place in the economy.
  • They are powerful analytical tools that present the structure of an economy as well as interlinkages among the various economic actors.

Purpose of Supply and Use Tables

  • They serve multiple purposes and have gained prominence due to their statistical robustness and analytical flexibility.
  • They offer a comprehensive framework that integrates the three approaches to measuring Gross Domestic Product (GDP)—production, income, and expenditure within a unified structure.
  • SUT is a very powerful tool for comparing and reconciling data from diverse sources, thereby improving the coherence and consistency between production and expenditure estimates.
  • Supply and Use Tables (SUT) are presented as two interlinked matrices: the Supply Table and the Use Table, structured in a product-by-industry matrix.
  • The Supply Table captures the total supply of goods and services, both from domestic production by industry and from imports.
  • In contrast, the Use Table records the utilization of these products across various components—intermediate consumption by industries, final consumption, gross capital formation, and exports.

Source: PIB

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Supply and Use Table FAQs

Q1. What is the use table?+

Q2. What is the supply use product classification?+

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