Sector accounts; current transactions by sectors 1969- q4 2013

Sector accounts; current transactions by sectors 1969- q4 2013

Sectors Periods Resources Total (mln euro) Resources Imports of goods and services Total (mln euro) Resources Output Total (mln euro) Resources Compensation of employees Total (mln euro) Resources Property income Total (mln euro) Uses Total (mln euro) Uses Compensation of employees Total (mln euro) Uses Final consumption expenditure Total (mln euro) Balancing items Gross domestic product / value added (mln euro) Balancing items Gross operating surplus / mixed income (mln euro) Balancing items Gross national income / primary income (mln euro) Balancing items Gross disposable income (mln euro) Balancing items Gross saving (mln euro)
Total economy 2013* 2,338,303 - 1,185,061 304,545 276,328 2,355,599 310,505 443,784 602,658 227,390 599,909 588,780 144,947
Non-financial corporations 2013* 887,977 - 827,714 - 50,801 841,590 213,324 - 341,509 128,231 110,323 98,819 98,819
Financial corporations 2013* 296,643 - 80,755 - 163,977 290,681 17,025 - 44,895 27,040 11,211 25,938 7,778
Monetary financial institutions 2013* 60,664 - 35,865 - 24,214 61,440 7,786 - 23,760 15,275 1,130 -25 -25
Other financial institutions 2013* 141,218 - 25,645 - 115,539 138,684 4,839 - 12,357 7,509 5,843 4,025 4,025
Insurance corporations and pension funds 2013* 94,761 - 19,245 - 24,224 90,557 4,400 - 8,778 4,256 4,238 21,938 3,778
General government (consolidated) 2013* 376,555 - 120,837 - 20,396 391,315 57,474 170,324 74,617 17,133 90,036 173,282 2,958
Central government (consolidated) 2013* 192,301 - 43,140 - 17,837 197,209 20,940 41,290 26,545 5,819 76,397 42,262 972
Local government (consolidated) 2013* 147,554 - 72,724 - 2,683 149,448 34,978 63,025 46,442 11,245 15,406 72,929 9,904
Social security funds (consolidated) 2013* 115,819 - 4,973 - 47 123,777 1,556 66,009 1,630 69 -1,767 58,091 -7,918
General government 2013* 481,642 - 120,837 - 20,596 496,402 57,474 170,324 74,617 17,133 90,036 173,282 2,958
Central government 2013* 206,534 - 43,140 - 17,866 211,442 20,940 41,290 26,545 5,819 76,397 42,262 972
Local government 2013* 159,289 - 72,724 - 2,683 161,183 34,978 63,025 46,442 11,245 15,406 72,929 9,904
Social security funds 2013* 115,819 - 4,973 - 47 123,777 1,556 66,009 1,630 69 -1,767 58,091 -7,918
Households including NPISH 2013* 672,624 - 155,755 304,545 40,954 664,546 22,682 273,460 78,674 54,986 388,339 290,741 35,392
Households 2013* 659,698 - 149,485 304,545 40,524 649,709 20,115 268,034 75,850 54,763 387,701 287,624 37,701
NPI serving households 2013* 12,926 - 6,270 - 430 14,837 2,567 5,426 2,824 223 638 3,117 -2,309
Rest of the world 2013* 661,531 471,263 - 6,949 157,725 707,198 989 - . . . . .
Source: CBS.
Explanation of symbols

Dataset is not available.


This table provides an overview of the non-financial transactions of the institutional sectors of the Dutch economy, distinguishing between uses and resources. Non-financial transactions consist of current transactions and transactions from the capital account. Furthermore, this table provides the main balancing items of the (sub)sectors.
Non-financial transactions are estimated for the main institutional sectors of the economy and the rest of the world. The main institutional sectors of the economy are non-financial corporations, financial corporations, general government, households and non-profit institutions serving households. A breakdown into subsectors is provided for financial corporations and general government sectors.

Data available from:
Years from 1969 to 2013
Quarters from first quarter 2005 to fourth quarter 2013.

Status of the figures:
The figures concerning 2011, 2012, 2013 and 2014 are (revised) provisional. Because this table is discontinued, figures will not be updated anymore.

Changes as of June 25th 2014:
None, this table is discontinued.

When will new figures be published?
Not applicable anymore.
This table is replaced by table Sector accounts; current transactions by sectors. See paragraph 3.

Description topics

Resources
Revenue of institutional sectors.
Total
Revenue of institutional sectors.
Imports of goods and services
Imports of goods refer to goods intended for residents, which are imported from abroad into the Dutch economic territory. The definition of imports includes raw materials, semi-manufactured products, fuels and fixed assets intended for investment. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services are related to the expenses of Dutch businesses abroad, such as transport costs, bank charges and business travel. Imports of services by the general government include expenditures made by Dutch embassies and consulates abroad. Imports by households include amongst other things, imported consumer goods and the direct consumption expenditure of Dutch tourists, border residents, diplomats and soldiers abroad.
Total
Imports of goods refer to goods intended for residents, which are imported from abroad into the Dutch economic territory. The definition of imports includes raw materials, semi-manufactured products, fuels and fixed assets intended for investment. Also included are imported goods, which are re-exported without undergoing any processing.
Imports of services are related to the expenses of Dutch businesses abroad, such as transport costs, bank charges and business travel. Imports of services by the general government include expenditures made by Dutch embassies and consulates abroad. Imports by households include amongst other things, imported consumer goods and the direct consumption expenditure of Dutch tourists, border residents, diplomats and soldiers abroad.
Output
Output covers the value of all goods produced for sale, including unsold goods, and all receipts of services rendered. Output furthermore covers the market equivalent of goods and services produced for own use, such as own account capital formation, services of owner-occupied dwellings and agricultural products produced by farmers for own consumption. The output of such goods is estimated by valuing the quantities produced against the price that the producer would have received if these goods had been sold.
Output is valued at basic prices, defined as the price received by the producer excluding trade and transport margins and the balance of taxes and subsidies on products. This is the price the producer is ultimately left with.
Total
Output covers the value of all goods produced for sale, including unsold goods, and all receipts of services rendered. Output furthermore covers the market equivalent of goods and services produced for own use, such as own account capital formation, services of owner-occupied dwellings and agricultural products produced by farmers for own consumption. The output of such goods is estimated by valuing the quantities produced against the price that the producer would have received if these goods had been sold.
Output is valued at basic prices, defined as the price received by the producer excluding trade and transport margins and the balance of taxes and subsidies on products. This is the price the producer is ultimately left with.
Compensation of employees
Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.
Compensation of employees is broken down into wages and salaries and employers' social contributions:

Wages and salaries include income taxes and employees’ social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to employees. Besides they contain extras (such as bonuses, overtime pay, tips, commission), wages in kind (such as free housing, free food, ‘company car’, day nursery, lower interest rates on mortgages, free travel (or at reduced prices) and holiday allowances). Furthermore, certain refunds for costs made by the employee, such as travel expenses to and from work, are included as well.

Employers’ social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (of which pension schemes) and the imputed social contributions.
In most cases the employers directly pay the employers’ social contributions to the insurers. However, to show that these contributions are paid for the benefit of employees, these payments are recorded as two transactions: a) employers pay employers’ social contributions to their employees, and b) employees pay the same contributions to social insurance funds.
Total
Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.
Compensation of employees is broken down into wages and salaries and employers' social contributions:

Wages and salaries include income taxes and employees’ social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to employees. Besides they contain extras (such as bonuses, overtime pay, tips, commission), wages in kind (such as free housing, free food, ‘company car’, day nursery, lower interest rates on mortgages, free travel (or at reduced prices) and holiday allowances). Furthermore, certain refunds for costs made by the employee, such as travel expenses to and from work, are included as well.

Employers’ social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (of which pension schemes) and the imputed social contributions.
In most cases the employers directly pay the employers’ social contributions to the insurers. However, to show that these contributions are paid for the benefit of employees, these payments are recorded as two transactions: a) employers pay employers’ social contributions to their employees, and b) employees pay the same contributions to social insurance funds.
Property income
Property income is the income receivable by the owner of a financial asset or a tangible non-produced asset in return for providing funds to, or putting the tangible non-produced asset at the deposal of, another institutional unit.
Property income consists of: interest, distributed income of corporations (dividends and withdrawals from income of quasi-corporations), reinvested earnings on direct foreign investments, property income attributed to insurance policy holders and rents on land and subsoil assets.
Total
Property income is the income receivable by the owner of a financial asset or a tangible non-produced asset in return for providing funds to, or putting the tangible non-produced asset at the deposal of, another institutional unit.
Property income consists of: interest, distributed income of corporations (dividends and withdrawals from income of quasi-corporations), reinvested earnings on direct foreign investments, property income attributed to insurance policy holders and rents on land and subsoil assets.
Uses
Expenditure by institutional sectors.
Total
Expenditure by institutional sectors.
Compensation of employees
Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.
Compensation of employees is classified in wages and salaries and employers' social contributions:

Wages and salaries include income taxes and employees’ social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to employees. Besides they contain extras (such as bonuses, overtime pay, tips, commission), wages in kind (such as free housing, free food, ‘company car’, day nursery, lower interest rates on mortgages, free travel (or at reduced prices) and holiday allowances. Furthermore, certain refunds for costs made by the employee, such as travel expenses to and from work, are included as well.

Employers’ social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (of which pension schemes) and the imputed social contributions.
In most cases the employers directly pay the employers’ social contributions to the insurers. However, to show that these contributions are paid for the benefit of employees, these payments are recorded as two transactions: a) employers pay employers’ social contributions to their employees, and b) employees pay the same contributions to social insurance funds.
Total
Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.
Compensation of employees is classified in wages and salaries and employers' social contributions:

Wages and salaries include income taxes and employees’ social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to employees. Besides they contain extras (such as bonuses, overtime pay, tips, commission), wages in kind (such as free housing, free food, ‘company car’, day nursery, lower interest rates on mortgages, free travel (or at reduced prices) and holiday allowances. Furthermore, certain refunds for costs made by the employee, such as travel expenses to and from work, are included as well.

Employers’ social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (of which pension schemes) and the imputed social contributions.
In most cases the employers directly pay the employers’ social contributions to the insurers. However, to show that these contributions are paid for the benefit of employees, these payments are recorded as two transactions: a) employers pay employers’ social contributions to their employees, and b) employees pay the same contributions to social insurance funds.
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 consumption expenditure may take place on the domestic territory or abroad.
Final consumption expenditure exists only for households, NPI households and general government.

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 consumption expenditure may take place on the domestic territory or abroad.
Final consumption expenditure exists only for households, NPI households and general government.
Balancing items
Main macroeconomic balancing items by sectors
Gross domestic product / value added
Value added (basic prices) per sector is equal to the difference between the production (basic prices) and intermediate consumption (purchasers' prices). Gross domestic product (GDP) is equal to the value added at basic prices of all sectors together plus some transactions which cannot be attributed to sectors. The undistributed transaction consists of taxes less subsidies on products. GDP is also equal to the value of the income generated in the Netherlands.

Gross operating surplus / mixed income
Gross operating surplus is the balance that remains after deducting the compensation of employees and the balance of other taxes and subsidies on production from the value added. The operating surplus of family enterprises is called mixed income, because it also contains compensation for work by the owners and their family members.
The operating surplus of the total economy is the sum of all operating surplus or mixed income of institutional sectors.
Gross national income / primary income
The primary income (national income) is the income that institutional sectors receive for their direct participation in the production process and the income that they receive in exchange for the provision of financial resources, land etc. National income is the sum of GDP and net primary income from the rest of the world. It can also be calculated as the sum of the primary income of all sectors together (total economy).
Gross disposable income
Disposable income is the balancing item of the secondary distribution of income account. It shows for each institutional sector its disposable income, which remains after the redistribution of primary income by compulsory or non-compulsory current transfers between the institutional sectors. Total disposable income of all resident units is called disposable national income, which is equal to national income plus net current transfers received from the rest of the world.


Gross saving
Saving is the difference between disposable income and final consumption expenditure, adjusted for net equity in pension funds reserves.