Quarterly national accounts; values

Quarterly national accounts; values

Dimensions Periods Expenditure approach to GDP Disposable for final expenditure Disposable for final expenditure (mln euro) Expenditure approach to GDP Disposable for final expenditure Gross domestic product (market prices) (mln euro) Expenditure approach to GDP Disposable for final expenditure Import of goods and services (fob) (mln euro) Expenditure approach to GDP Total final expenditure Total final expenditure (mln euro) Expenditure approach to GDP Total final expenditure Exports of goods and services (fob) (mln euro) Expenditure approach to GDP Total final expenditure Gross national final expenditure National final expenditure, total (mln euro) Expenditure approach to GDP Total final expenditure Gross national final expenditure Changes in inventories (mln euro) Expenditure approach to GDP Total final expenditure Gross national final expenditure Final consumption expenditure Final consumption expenditure, total (mln euro) Expenditure approach to GDP Total final expenditure Gross national final expenditure Final consumption expenditure Consumption by households incl. NPISH (mln euro) Expenditure approach to GDP Total final expenditure Gross national final expenditure Final consumption expenditure Consumption by general government (mln euro) National net lending or net borrowing Surplus of the nation on income approach Final consumption expenditure (mln euro) Additional details Consumption expenditure Expenditure classification Consumption expenditure, total (mln euro) Additional details Consumption expenditure Acquisition classification Consumption expenditure, total (mln euro)
Prices of 2000 2011 1st quarter, first estimate 214,275 119,771 96,050 214,275 107,231 108,946 1,204 84,603 54,693 29,722 84,603 84,603 84,603
Prices of 2000 seasonally adjusted 2011 1st quarter, first estimate 216,771 121,439 97,123 216,771 107,550 110,890 330 86,970 55,264 31,480 86,970 86,970 86,970
Current prices 2011 1st quarter, first estimate 263,630 151,037 112,593 263,630 126,770 136,860 768 107,689 67,583 40,106 107,689 107,689 107,689
Current prices seasonally adjusted 2011 1st quarter, first estimate . . . . . . . . . . . . .
Source: CBS.
Explanation of symbols

Table description

Quarterly data on production, expenditures, income and external
economic transactions. Values at current and constant prices
1987 - 2010, Q1 1987 - Q1 2011.
Changed on May 13 2011.
Frequency: Discontinued.

Description topics

Expenditure approach to GDP
The first chapter of this publication introduces the expenditure approach
of Gross Domestic Product (GDP).
The connection between GDP and expenditure components comes in to focus in
this chapter. The menu of this chapter shows the supply and disposition of
goods and services scheme which contains the expenditure components of
GDP.
More details data on the expenditure components could be found in de
fourth chapter: Additional details.
Data available from 1995 q1.
Disposable for final expenditure
The total amount of domestic generated goods and services (GDP) and the
imported goods and services are adding up to the disposable for final
expenditure. This variable is by definition equal to the total final
expenditure, which is the sum of the National final expenditure and the
exports of goods and services.
Disposable for final expenditure
The total amount of domestic generated goods and services (GDP) and the
imported goods and services are adding up to the disposable for final
expenditure. This variable is by definition equal to the total final
expenditure, which is the sum of the National final expenditure and the
exports of goods and services.
Gross domestic product (market prices)
GDP is the total amount of domestic generated goods and services
(expenditure approach). It is also the sum of value added in all branches
of economic activities (production approach) and the total generated
income in the Netherlands (income approach).
Import of goods and services (fob)
On the macro level imports of goods is valued free on board (fob)at
the border of the exporting country. The transition from valuation
of imported goods at cif to fob consists of:
- a cif/fob adjustment of the transport costs abroad of Dutch
freighters. Total imports (goods) and exports (services) are
reduced by the same amount.
- a cif/fob reclassification of the transport costs abroad of for-
eign freighters, from imports of goods to imports of services.
It leaves total imports and total exports unchanged.
Imports of goods are goods intended for residents, which are
imported from abroad into the Dutch economic territory.
Included in imports of goods are raw materials, semi-
manufactured products, fuels and final products. Also included
are imported goods, which are re-exported without undergoing
any processing.
Imports of services include among other things the expenditures
abroad by Dutch tourists, inhabitants of the border area and
diplomats.
Total final expenditure
The sum of the National final expenditure and the exports of goods and
services. This variable is by definition equal to the disposable final
expenditure (GDP and imports).
Total final expenditure
The sum of the National final expenditure and the exports of goods and
services. This variable is by definition equal to the disposable final
expenditure (GDP and imports).
Gross national final expenditure
Gross national final expenditure is the sum of the final consumption
expenditure, the gross fixed capital formation and the changes in
inventories.
National final expenditure, total
Gross national final expenditure is the sum of the final consumption
expenditure, the gross fixed capital formation and the changes in
inventories.
Final consumption expenditure
Final consumption expenditure consists of expenditure incurred
by resident institutional units on goods and services that are
used for the direct satisfaction of individual needs or wants or
the collective needs of members of the community. Final con-
sumption expenditure may take place on the domestic territory
or abroad.
Final consumption expenditure exists only for households, NPI
households and general government.
Final consumption expenditure, total
Final consumption expenditure consists of expenditure incurred
by resident institutional units on goods and services that are
used for the direct satisfaction of individual needs or wants or
the collective needs of members of the community. Final con-
sumption expenditure may take place on the domestic territory
or abroad.
Final consumption expenditure exists only for households, NPI
households and general government.
Consumption by households incl. NPISH
Final consumption expenditure by households and by Non-Profit Institutions
Final consumption expenditure by households includes the fol-
lowing borderline cases:
- income in kind like accommodation, food, clothing etc.
- services of dwellings, which are occupied by the owners
themselves and without any actual rent payments. These
services are valued by applying the rents of similar dwellings.
- goods and services produced for own use, as in agriculture.
The value of these products is calculated by applying the
market prices for similar products.
- durable consumption goods such as private cars, household
appliances, furniture and clothing. However, the purchases of
dwellings by households are not seen as final consumption,
but as fixed capital formation by households.
The detailed data on consumption of households concern pri-
vate domestic consumption expenditure. This includes final con-
sumption in the Netherlands by residents and non-residents. Fi-
nal consumption by households can be calculated by deducting
from private domestic consumption expenditure the final con-
sumption by non-residents in the Netherlands (registered as ex-
ports) and adding final consumption by households in the rest of
the world (registered as imports).
Final consumption expenditure by NPI households
Final consumption expenditure by NPI households consists of all
the non-market output of this sector excluding the own account
capital formation.
Consumption by general government
Final consumption expenditure by general government results
from the specific recording of government output. Only a small
part of government output is actually sold (market output). The
larger part of government output is paid out of public funds and
provided free of charge to all sectors (non-market output). Be-
cause the allocation of government output to different users will
encounter large problems, the government is by convention
considered to be the consumer of its own output. Because of the
absence of market prices output and final consumption expen-
diture by general government is calculated from the production
costs:
intermediate consumption
plus:
plus:
plus:
minus:
=
minus:
minus:
plus:
=
Changes in inventories
Changes in inventories including acquisitions less disposals of valuables
Inventories consist of all raw materials, semi-manufactured
goods, work in progress and final products, that producers have
in stock at a certain moment.
Changes in work in progress are in general considered to be
changes in inventories. However, work in progress in construc-
tion is seen as fixed capital formation of the client and not as
changes in inventories of the construction industry. This con-
cerns unfinished buildings and civil engineering works.
Increases in inventories occur when goods are produced (or
purchased) but not yet sold (or used) in the year under review.
Decreases in inventories occur when goods are withdrawn from
existing inventories in order to be sold or used in the production
process.
The assessment of the changes in inventories is done in such
way that gains or losses on inventories caused by price changes
are avoided. With this objective the initial and final stock of each
good is valued at the same price, namely raw materials at the
average purchase price in the period, final products at average
sales price and work in progress at the average cost price.
This valuation method prevents output and subsequently value
added from being influenced by changes in prices of stocks
during the period under review.
Acquisitions less disposals of valuables
This transaction consists of the acquisitions less disposals of
precious stones, non-monetary gold, antiques, art objects and
jewellery, that are acquired and held primarily as stores of value.
In the national accounts this transaction is mostly combined with
changes in inventories.
Exports of goods and services (fob)
Exports of goods are goods, which have been exported by resi-
dents from the Dutch economic territory to the rest of the world.
The exports of services include the services of Dutch transport
enterprises abroad, harbour services, ships repair services and
engineering of works by Dutch contractors abroad.
Also included in the exports of services are expenditures by for-
eign tourists, inhabitants of the border area and diplomats in the
Netherlands.
National net lending or net borrowing
This chapter of the publication shows two approaches to the national net
lending or net borrowing.
The national net lending or borrowing shows the amount a country can
lend or has to borrow, given the current and capital transactions in the
national accounts. There are two approaches to this variable:
I. The approach through the surplus of national income
Scheme:
Gross domestic product (market prices)
Primary incomes received from the rest of the world (+)
Primary incomes paid to the rest of the world (-)
= Gross national income (market prices)
Current transfers received from the rest of the world (+)
Current transfers paid to the rest of the world (-)
= Gross disposable national income
Final consumption expenditure (-)
Adjustment for net equity in pension funds reserves (+)
=Gross national saving
Fixed capital formation incl. change in inventories (-)
=Surplus of the Nation on income
=Surplus of the Nation on current transactions with the rest of the world
Capital transfers received from the rest of the world (+)
Capital transfers paid to the rest of the world (-)
= National net lending and borrowing
II. The approach through the surplus of the nation on current transactions
with the rest of the world.
Scheme:
Net exports, the difference between exports and imports of
goods and services (+)
Net primary income from the rest of the world (+)
Net current transfers from the rest of the world (+)
=Surplus of the Nation on current transactions with the rest of the world
=Surplus of the Nation on income
Capital transfers received from the rest of the world (+)
Capital transfers paid to the rest of the world (-)
= National net lending and borrowing
Data of domestic products, consumption and gross fixed capital formation
are available from 1995 q1. Other components from 1995 q1.
Surplus of the nation on income approach
I. The approach of net lending or net borrowing through the surplus of
national income
Scheme:
Gross domestic product (market prices)
Primary incomes received from the rest of the world (+)
Primary incomes paid to the rest of the world (-)
= Gross national income (market prices)
Current transfers received from the rest of the world (+)
Current transfers paid to the rest of the world (-)
= Gross disposable national income
Final consumption expenditure (-)
Adjustment for net equity in pension funds reserves (+)
=Gross national saving
Fixed capital formation incl. change in inventories (-)
=Surplus of the Nation on income
=Surplus of the Nation on current transactions with the rest of the world
Capital transfers received from the rest of the world (+)
Capital transfers paid to the rest of the world (-)
= National net lending and borrowing.
Final consumption expenditure
Total final consumption expenditure.
Additional details
The additional details of some variables in the previous chapters of this
publication are being given in this chapter.
Consumption expenditure
More specific details of the final consumption expenditure are provided
in part of the publication.
There are two classification for the consumption expenditure concept: the
expenditure classification and the acquisition classification.
The expenditure classification refers to expenditure on consumption goods.
In contrast the acquisition classification refers to the acquisition of
consumption goods and services. The difference between these concepts lies
in the treatment of certain goods and services financed by the government
or NPI households but supplied to households as social transfers in kind.
By convention, all final consumption expenditure by NPI households and
most of the final consumption expenditure by the government in the field
of education, health, social security and welfare, sport and recreation
and culture are treated as individual consumption.
I. The expenditure classification of final consumption:
This classification focuses on the expenses for consumption goods and
services. The total final consumptions is divided to sectors which
actually financed the consumption expenditures.
Classification scheme:
Total final consumption expenditure=
Consumption expenditure by households and by NPI households=
Consumption expenditure by households plus
Consumption expenditure by NPI households
Consumption expenditure by general government=
Collective consumption by general government plus
Individual consumption by general government
II. The acquisition classification of final consumption:
This classification focuses on the acquisition of consumption goods and
services. The total final consumption is divided to groups which have
acquired the consumption goods and services: individuals or the
collective.
Classification scheme:
Total final consumption expenditure=
Actual individual consumption=
Consumption expenditure by households
Consumption expenditure by NPI households
Individual consumption by general government
Actual collective consumption
Data available from 1995 q1. Components of consumption expenditure by
households and NPI households are available from 1995 q1.
Expenditure classification
I. The expenditure classification of final consumption:
This classification focuses on the expenses for consumption goods and
services. The total final consumptions is divided to sectors which
actually financed the consumption expenditures.
Classification scheme:
Total final consumption expenditure=
Consumption expenditure by households and by NPI households=
Consumption expenditure by households plus
Consumption expenditure by NPI households
Consumption expenditure by general government=
Collective consumption by general government plus
Individual consumption by general government.
Consumption expenditure, total
Final consumption expenditure consists of expenditure incurred
by resident institutional units on goods and services that are
used for the direct satisfaction of individual needs or wants or
the collective needs of members of the community. Final con-
sumption expenditure may take place on the domestic territory
or abroad.
Acquisition classification
II. The acquisition classification of final consumption:
This classification focuses on the acquisition of consumption goods and
services. The total final consumption is divided to groups which have
acquired the consumption goods and services: individuals or the
collective.
Classification scheme:
Total final consumption expenditure=
Actual individual consumption=
Consumption expenditure by households
Consumption expenditure by NPI households
Individual consumption by general government
Actual collective consumption.
Consumption expenditure, total
Final consumption expenditure consists of expenditure incurred
by resident institutional units on goods and services that are
used for the direct satisfaction of individual needs or wants or
the collective needs of members of the community. Final con-
sumption expenditure may take place on the domestic territory
or abroad.