Current transactions by sectors; NA, 1995-2017

Current transactions by sectors; NA, 1995-2017

Institutional sectors Not Consolidated/Consoldidated 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 Taxes on production and imports Total (mln euro) Resources Difference imputed and paid VAT (mln euro) Resources Subsidies (-) Total (mln euro) Resources Property income Total (mln euro) Resources Current taxes on income and wealth Total (mln euro) Resources Social contributions and benefits Total (mln euro) Resources Other current transfers Total (mln euro) Resources Adjustm. change in pension entitlements (mln euro) Resources Capital transfers Total (mln euro) Uses Total (mln euro) Uses Exports of goods and services Total (mln euro) Uses Intermediate consumption (-) (mln euro) Uses Compensation of employees Total (mln euro) Uses Taxes on production and imports Total (mln euro) Uses Subsidies (-) Total (mln euro) Uses Property income Total (mln euro) Uses Current taxes on income and wealth Total (mln euro) Uses Social contributions and benefits Total (mln euro) Uses Other current transfers Total (mln euro) Uses Adjustm. change in pension entitlements (mln euro) Uses Final consumption expenditure Total (mln euro) Uses Capital transfers Total (mln euro) Uses Gross capital formation Totaal (mln euro) Uses Acq. less disposals of non-prod. assets (mln euro) Balancing items Gross domestic product / value added (mln euro) Balancing items Net domestic product / value added (mln euro) Balancing items Gross operating surplus (mln euro) Balancing items Net operating surplus (mln euro) Balancing items Gross national income (mln euro) Balancing items Net national income (mln euro) Balancing items Gross disposable income (mln euro) Balancing items Net disposable income (mln euro) Balancing items Gross saving (mln euro) Balancing items Net saving (mln euro) Balancing items Net transactions of good and services (mln euro) Balancing items Surplus nation on current transactions (mln euro) Balancing items Net saving and capital transfers (mln euro) Balancing items Net lending (+) or net borrowing (-) (mln euro) Balancing items Total financial transactions in assets (mln euro) Balancing items Total financial transactions liabilities (mln euro) Balancing items Net financial transactions (mln euro) Balancing items Statistical discrepancy (mln euro)
Total domestic sectors Not consolidated 2014 2,623,955 1,267,298 323,285 75,181 1,578 8,021 398,653 71,052 297,205 155,346 24,313 18,065 2,629,514 669,884 327,963 77,597 8,910 394,169 68,655 297,021 168,559 24,794 468,668 18,497 122,455 162 663,008 552,814 266,358 156,164 661,287 551,093 650,655 540,461 181,506 71,312 70,880 58,457 219,655 160,542 59,113 656
Total domestic sectors Not consolidated 2015 1st quarter* 641,374 315,625 75,987 18,277 917 1,952 86,752 21,195 72,982 41,159 5,024 5,408 639,799 166,113 77,112 18,884 2,146 82,251 20,644 72,989 45,224 5,122 115,564 5,461 30,521 2,060 166,398 138,557 72,548 44,707 169,361 141,520 165,840 137,999 50,178 22,337 22,284 17,544 116,123 96,951 19,172 1,628
Total domestic sectors Not consolidated 2015 2nd quarter* 680,833 327,656 90,890 18,412 911 1,972 95,102 25,384 70,904 42,731 6,698 4,117 712,021 173,126 92,241 19,080 2,235 91,170 24,809 70,948 45,609 6,827 120,483 4,353 34,302 31,308 171,558 143,623 62,472 34,537 173,734 145,799 171,387 143,452 50,775 22,840 22,604 -15,071 29,303 42,784 -13,481 1,590
Total domestic sectors Not consolidated 2015 3rd quarter* 634,467 319,213 74,957 17,890 671 1,899 86,684 16,820 70,990 38,803 5,967 4,371 636,082 167,427 76,141 18,539 2,196 86,629 16,309 70,972 41,022 6,083 118,304 4,398 32,608 -154 168,098 140,124 75,614 47,640 166,617 138,643 164,927 136,953 46,507 18,533 18,506 14,026 196,416 183,407 13,009 -1,017
Total domestic sectors Not consolidated 2015 4th quarter* 667,420 335,173 83,319 21,802 -877 1,981 87,544 14,906 78,567 38,783 4,575 5,609 680,499 176,015 84,566 22,500 2,151 93,274 14,611 78,579 42,330 4,663 120,796 6,186 38,744 386 177,403 149,398 72,488 44,483 169,898 141,893 166,634 138,629 45,750 17,745 17,168 6,043 -117,595 -122,244 4,649 -1,394
Total domestic sectors Not consolidated 2015* 2,624,094 1,297,667 325,153 76,381 1,622 7,804 356,082 78,305 293,443 161,476 22,264 19,505 2,668,401 682,681 330,060 79,003 8,728 353,324 76,373 293,488 174,185 22,695 475,147 20,398 136,175 33,600 683,457 571,702 283,122 171,367 679,610 567,855 668,788 557,033 193,210 81,455 80,562 22,542 224,247 200,898 23,349 807
Total domestic sectors Not consolidated 2016 1st quarter* 640,019 319,689 77,982 19,557 929 1,948 76,665 22,130 74,225 41,451 4,499 4,840 640,434 166,914 79,127 20,265 2,133 74,869 21,761 74,235 45,342 4,591 117,647 5,512 32,388 -84 170,749 142,251 73,490 44,992 170,877 142,379 167,345 138,847 49,606 21,108 20,436 16,630 238,070 221,195 16,875 245
Total domestic sectors Not consolidated 2016 2nd quarter* 682,145 331,443 93,181 19,671 597 2,185 85,451 24,750 76,675 42,775 6,488 3,299 685,845 172,958 94,636 20,440 2,398 85,964 23,745 76,739 45,286 6,617 122,304 3,367 36,082 105 176,193 147,600 63,515 34,922 173,669 145,076 172,099 143,506 49,666 21,073 21,005 13,411 108,634 99,018 9,616 -3,795
Total domestic sectors Not consolidated 2016 3rd quarter* 637,894 324,215 77,389 19,225 231 2,044 78,235 18,549 74,014 39,141 5,317 3,622 642,414 168,526 78,634 19,983 2,275 79,764 18,160 74,015 42,089 5,425 120,272 3,646 34,184 -9 172,657 144,024 76,315 47,682 169,356 140,723 166,796 138,163 46,416 17,783 17,759 12,217 152,153 140,752 11,401 -816
Total domestic sectors Not consolidated 2016 4th quarter* 674,438 344,554 86,089 23,338 -1,929 2,229 81,373 16,569 77,783 40,885 4,031 3,974 677,974 180,471 87,407 24,188 2,370 82,059 16,405 77,809 40,638 4,115 124,151 4,252 38,265 584 183,042 154,377 73,817 45,152 180,329 151,664 180,714 152,049 56,479 27,814 27,536 17,352 -90,112 -110,590 20,478 3,126
Total domestic sectors Not consolidated 2016* 2,634,496 1,319,901 334,641 81,791 -172 8,406 321,724 81,998 302,697 164,252 20,335 15,735 2,646,667 688,869 339,804 84,876 9,176 322,656 80,071 302,798 173,355 20,748 484,374 16,777 140,919 596 702,641 588,252 287,137 172,748 694,231 579,842 686,954 572,565 202,167 87,778 86,736 59,610 408,745 350,375 58,370 -1,240
Total domestic sectors Not consolidated 2017 1st quarter* 674,883 339,687 80,545 19,915 1,353 2,263 83,118 28,076 73,565 41,680 4,364 4,843 671,423 180,598 81,748 20,788 2,469 79,814 27,671 73,600 44,219 4,452 121,536 5,246 34,096 124 177,872 148,691 77,805 48,624 179,306 150,125 177,137 147,956 55,513 26,332 25,929 20,890 285,028 262,390 22,638 1,748
Total domestic sectors Not consolidated 2017 2nd quarter* 713,946 349,150 96,671 20,750 606 2,207 92,646 24,658 78,711 42,710 6,937 3,314 717,226 183,768 98,119 21,626 2,430 93,886 23,644 78,777 45,068 7,073 126,257 3,321 37,952 165 184,177 154,899 66,862 37,584 180,836 151,558 179,426 150,148 53,033 23,755 23,748 14,909 35,443 19,641 15,802 893
Total domestic sectors Not consolidated 2017 3rd quarter* 672,426 339,638 80,357 20,207 59 2,084 90,864 19,106 76,260 39,344 5,417 3,258 672,904 177,238 81,684 21,039 2,299 89,767 18,704 76,278 41,507 5,526 124,652 3,374 35,497 -63 180,098 150,779 79,674 50,355 179,251 149,932 177,472 148,153 52,711 23,392 23,276 17,161 54,671 35,881 18,790 1,629
Total domestic sectors Not consolidated 2017 4th quarter* 708,090 360,517 90,078 23,601 -1,453 2,507 89,259 22,272 77,159 40,206 4,410 4,548 708,728 189,201 91,475 24,489 2,648 88,534 21,641 77,194 42,292 4,500 127,286 4,581 40,250 -67 191,021 161,670 77,705 48,354 189,602 160,251 188,112 158,761 60,736 31,385 31,352 20,520 -329 -17,211 16,882 -3,638
Total domestic sectors Not consolidated 2017* 2,769,345 1,388,992 347,651 84,473 565 9,061 355,887 94,112 305,695 163,940 21,128 15,963 2,770,281 730,805 353,026 87,942 9,846 352,001 91,660 305,849 173,086 21,551 499,731 16,522 147,795 159 733,168 616,039 302,046 184,917 728,995 611,866 722,147 605,018 221,993 104,864 104,305 73,480 374,813 300,701 74,112 632
Source: CBS.
Explanation of symbols

Table description


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.
Sectors are presented both consolidated and non-consolidated.

Data available from: 1995 up to and including 2017.

Status of the figures:
The figures of the period 1995-2014 are final. Data of 2015, 2016 and 2017 are provisional. Since this table has been discontinued, data will not become final.

Changes as of June 22nd 2018:
None. This table has been discontinued.
Statistics Netherlands has carried out a revision of the national accounts. New statistical sources and estimation methods have been used during the revision. Therefore this table has been replaced by table Current transactions by sectors; National Accounts. For further information see section 3.

When will new figures be published?
Not applicable anymore.

Description topics

Resources
Resources are transactions add to the economic value of sectors.
Total
Imports of goods and services
Transactions in goods and services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of goods occurs when economic ownership of goods is passed from non-residents to residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
Total
Output
The ensemble of goods and services produced. Also called production. Three types of output are distinguished:
- market output: goods and services sold at a market or intended for sale at a market
- the own-account production of all goods that are retained by their producers for their own final consumption or gross fixed capital formation.
- non-market output: goods and services delivered for free or at economically non-significant prices to other units

Output is valued at basic prices. These are the prices experienced by the producers: product-related taxes have been subtracted from the original prices, subsidies haven been added to them. Costs of transportation, when charged separately by the producer, are not included. Changes in the values of financial and non-financial assets during the reference period are not included either.

Included is the output by all kind-of-activity units residing in the Netherlands, including those that are held by foreign owners. The kind-of-activity units include general government units and other non-commercial units.
Total
Compensation of employees
The compensation of employees is the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during an accounting period. The compensation of employees is equal to the sum of wages and salaries and employers' social contributions.
Total
Taxes on production and imports
Taxes on production and imports are compulsory payments to the government and the European Union (EU), which are related to production, imports and to the use of production factors. Taxes on production and imports are classified into taxes on products and other taxes on production.
Total
Difference imputed and paid VAT
Imputed VAT differs from VAT actually paid to the government. This is due to acquittals, bad debts, fines, the Regulation for small entrepreneurs and VAT evasion. The difference is not allocated to different branches, but added to the sum of value added at basic prices plus product-related taxes minus subsidies on the level of the economy as a whole. Thus GDP at market prices is obtained.
Subsidies (-)
Current payments from the Dutch government or the European Union to producers with the objective to influence output prices, employment or the remuneration of production factors. Subsidies are distinguished between subsidies on products and other subsidies on production.
Total
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.
Total
Current taxes on income and wealth
Current taxes on income and wealth of corporations consist of corporation tax and dividend tax. These taxes are based on the profits of corporations.
Current taxes on income and wealth of households include all taxes, which are periodically imposed on income and wealth, such as the income tax, the wage tax and the tax on net wealth of individuals. Non-periodical levies, such as inheritance tax are defined as capital transfers. Several types of taxes are simultaneously seen as taxes on production and imports when imposed on producers and as taxes on income and wealth when imposed on consumers. For instance, motor vehicle tax is a tax on production when it is imposed on company cars and it is a tax on income and wealth and imports when it is imposed on cars for private use.
The treatment of dividend tax results from the recording of dividends. Because dividends are recorded gross, i.e. before deduction of dividend tax, dividend tax is in all cases recorded at the receiving sector. The same applies for the dividend tax to and from the rest of the world.
Total
Social contributions and benefits
Social contributions and benefits are transfers to households, in cash or in kind, intended to relieve them from the financial burden of a number of risks or needs, made through collectively organised schemes, or outside such schemes by government units and NPISHs; they include payments from general government to producers which individually benefit households and which are made in the context of social risks or needs.
Social benefits are transfers to households, intended to relieve them from the financial burden of a number of risks or needs, such as sickness, invalidity, disability, old age, survivors and unemployment.
Total
Other current transfers
Other current transfers consist of non-life insurance premiums, non-life insurance claims, current transfers within general government, current international co-operation and miscellaneous current transfers.
Total
Adjustm. change in pension entitlements
Since households are treated in the financial accounts as owners of the pension entitlements an adjustment item is necessary to ensure that any excess of contributions to pension schemes over pension benefits does not affect household savings. This adjustment is equal to the difference between net pension contributions (including imputed contributions) and pension benefits.
Capital transfers
Capital transfers are payments for which no quid pro quo by the beneficiary is expected. They burden the wealth of the payer, or are meant to finance fixed capital formation or other long-term expenditures of the receiver. Capital transfers can be classified into capital taxes, investment grants, imputed capital transfers and other capital transfers.
Total
Uses
Uses are transactions appear which deduces the economic value of sectosr.
Total
Exports of goods and services
Transactions in goods and services (sales, barter and gifts) from residents (in the Netherlands) to non-residents. Exports of goods occurs when economic ownership of goods is passed from residents to non-residents. This applies irrespective of corresponding physical movements of goods across frontiers. An enterprise or institution is considered residential after it has been active in the Netherlands for at least one year. This applies irrespective of the question whether the enterprise or institute has foreign owners.
Total
Intermediate consumption (-)
Goods and services used as input in a production process, with the exception of capital goods. Intermediate consumption consists of goods reshaped into other goods or consumed entirely in the course of the production process (by definition, this holds for all hired services). According to international standards an acquired good or hired service is classified as a fixed asset rather than intermediate consumption when it lasts over one year in a production process. Goods and services that are part of intermediate consumption are valued at market prices at the time they were used.
Compensation of employees
The compensation of employees is the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during an accounting period. The compensation of employees is equal to the sum of wages and salaries and employers' social contributions.
Total
De vergoedingen voor de werknemer, die in een bepaalde periode arbeid verricht, en die ten laste komen van de werkgever, inclusief de door de werkgever ingehouden loonbelasting en de sociale premies die ten laste komen van de werknemer.
Taxes on production and imports
Taxes on production and imports are compulsory payments to the government and the European Union (EU), which are related to production, imports and to the use of production factors. Taxes on production and imports are classified into taxes on products and other taxes on production.
Total
Subsidies (-)
Current payments from the Dutch government or the European Union to producers with the objective to influence output prices, employment or the remuneration of production factors. Subsidies are distinguished between subsidies on products and other subsidies on production.
Total
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.
Total
Current taxes on income and wealth
Current taxes on income and wealth of corporations consist of corporation tax and dividend tax. These taxes are based on the profits of corporations.
Current taxes on income and wealth of households include all taxes, which are periodically imposed on income and wealth, such as the income tax, the wage tax and the tax on net wealth of individuals. Non-periodical levies, such as inheritance tax are defined as capital transfers. Several types of taxes are simultaneously seen as taxes on production and imports when imposed on producers and as taxes on income and wealth when imposed on consumers. For instance, motor vehicle tax is a tax on production when it is imposed on company cars and it is a tax on income and wealth and imports when it is imposed on cars for private use.
The treatment of dividend tax results from the recording of dividends. Because dividends are recorded gross, i.e. before deduction of dividend tax, dividend tax is in all cases recorded at the receiving sector. The same applies for the dividend tax to and from the rest of the world.
Total
Social contributions and benefits
Social contributions and benefits are transfers to households, in cash or in kind, intended to relieve them from the financial burden of a number of risks or needs, made through collectively organised schemes, or outside such schemes by government units and NPISHs; they include payments from general government to producers which individually benefit households and which are made in the context of social risks or needs.
Social benefits are transfers to households, intended to relieve them from the financial burden of a number of risks or needs, such as sickness, invalidity, disability, old age, survivors and unemployment.
Total
Other current transfers
Other current transfers consist of non-life insurance premiums, non-life insurance claims, current transfers within general government, current international co-operation and miscellaneous current transfers.
Total
Adjustm. change in pension entitlements
Since households are treated in the financial accounts as owners of the pension entitlements an adjustment item is necessary to ensure that any excess of contributions to pension schemes over pension benefits does not affect household savings. This adjustment is equal to the difference between net pension contributions (including imputed contributions) and pension benefits.
Final consumption expenditure
Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.

The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licences.
Total
Capital transfers
Capital transfers are payments for which no quid pro quo by the beneficiary is expected. They burden the wealth of the payer, or are meant to finance fixed capital formation or other long-term expenditures of the receiver. Capital transfers can be classified into capital taxes, investment grants, imputed capital transfers and other capital transfers.
Total
Gross capital formation
Capital formation consists of capital formation in fixed assets and changes in inventories including valuables.
Totaal
Acq. less disposals of non-prod. assets
Acquisitions less disposals of non-produced non-financial assets mainly consist of sales of land by public (municipal) development corporations to investors in dwellings and non-residential buildings. The valuation of sales and purchases of land is exclusive of VAT and transfer costs. These are included in fixed capital formation.
For the sector general government intangible assets are included, like the sale of UMTS-frequenties.
Balancing items
A balancing item is obtained by subtracting the total value of the entries on one side of an account from the total value on the other side.
Gross domestic product / value added
Gross domestic product (GDP) is a quantity that expresses the size of an economy. The volume change of GDP during a reference period expresses the growth or shrinkage of the economy. Gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways:

- production approach: GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account;
- expenditure approach: GDP is the sum of final uses of goods and services by resident institutional units (final consumption and gross capital formation), plus exports and minus imports of goods and services;
- income approach: GDP is the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and mixed income of the total economy).
Net domestic product / value added
Gross domestic product (GDP) is a quantity that expresses the size of an economy. The volume change of GDP during a reference period expresses the growth or shrinkage of the economy. Gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways:

- production approach: GDP is the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products (which are not allocated to sectors and industries). It is also the balancing item in the total economy production account;
- expenditure approach: GDP is the sum of final uses of goods and services by resident institutional units (final consumption and gross capital formation), plus exports and minus imports of goods and services;
- income approach: GDP is the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and mixed income of the total economy).

Net domestic product at market prices (NDP) can be obtained by deducting consumption of fixed capital from GDP.

Gross operating surplus
GThe surplus that remains after compensation of employees and taxes less subsidies on production and imports have been subtracted from the sum of value added at basic prices. For the self-employed (who are part of the sector households) the surplus is called mixed income, it is partly a reward for their entrepreneurship compensation for their labour.

In the system of national accounts gross means that consumption of fixed capital (depreciation) has not been subtracted. When it has, net is used. Depreciation must be paid for from the gross operating surplus.
Net operating surplus
The surplus that remains after compensation of employees and taxes less subsidies on production and imports have been subtracted from the sum of value added at basic prices. For the self-employed (who are part of the sector households) the surplus is called mixed income, it is partly a reward for their entrepreneurship compensation for their labour.

In the system of national accounts gross means that consumption of fixed capital (depreciation) has not been subtracted. When it has, net is used. Depreciation must be paid for from the gross operating surplus.



Gross national income
Total primary income received by resident institutional units: compensation of employees, operating surplus / mixed income (gross), net property income and net taxes on production and imports less subsidies. Incomes flowing from one domestic sector to another have no effect on net national income. Gross national income (at market prices) equals GDP minus primary income paid by resident institutional units to non-resident institutional units plus primary income received by resident institutional units from the rest of the world. The division of payments by member states to the European Union is largely based upon differences in gross national income.

National income is not a production concept but an income concept, which is more significant if expressed in net terms, i.e. after deduction of consumption of fixed capital.
Net national income
Net national income remains after deducting consumption of fixed capital from gross national income.
Gross disposable income
The sum of the gross disposable incomes of the institutional sectors. Gross national disposable income equals gross national income (at market prices) minus current transfers (current taxes on income, wealth et cetera, social contributions, social benefits and other current transfers) paid to non-resident units, plus current transfers received by resident units from the rest of the world. Because disposable national income is not a production concept but an income concept, it is usually expressed in net terms, i.e. after deduction of depreciation (consumption of fixed capital).
Net disposable income
Net disposable income remains after deducting consumption of fixed capital from gross disposable income.
Gross saving
The portion of national disposable income that has not been used for final consumption expenditure.
Net saving
Net saving remains after deducting consumption of fixed capital from gross saving.
Net transactions of good and services
Net exports is the difference between the value of the exports of goods and services and the value of the imports of goods and services.
Surplus nation on current transactions
The net lending (if positive) or borrowing (if negative) of the total economy to / from the rest of the world on current transactions (trade, primary income, current transfers). The surplus of the nation on current transactions is the last item in the use of income account to the rest of the world and consists of: net exports, net primary income from the rest of the world and net current transfers from the rest of the world. The surplus of the nation on current transactions equals the net national savings less the net fixed capital formation.
Net saving and capital transfers
Changes in net worth, due to saving and capital transfers, which corresponds to net saving plus capital transfers receivable, minus capital transfers payable.

Net lending (+) or net borrowing (-)
Net lending (+) or net borrowing (-) is the balancing item on the current and the capital account. This balancing item equals the balance of transactions on the financial account; a deficit on the current and capital account is financed by new liabilities and/or the sale of financial assets. In case of a surplus, liabilities are repaid and/or financial assets acquired.
Net lending or net borrowing for the total economy is equal to the balance on the current and the capital account of all institutional sectors. The balance of the financial account for the total economy shows the amount of net lending to or borrowing from the rest-of-the-world.
Total financial transactions in assets
Total financial transactions in assets.
Total financial transactions liabilities
Total financial transactions in liabilities.
Net financial transactions
Total financial transactions in assets less total financial transactions liabilities.
Statistical discrepancy
The statistical discrepancy arises by the use of different sources for the current and capital transactions on the one hand and the financial transactions on the other hand. It is not possible to eliminate thses statistical discrepancies at the moment.