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 Imports of goods and services Imports of services Total (mln euro) Resources Output Total (mln euro) Resources Output Market output Total (mln euro) Resources Output Output produced for own final use 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 2017* 2,769,345 1,388,992 1,210,688 57,444 347,651 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
Total domestic sectors Consolidated 2017* 2,064,284 1,388,992 1,210,688 57,444 347,651 84,473 565 9,061 238,722 5,005 2,981 4,092 0 864 2,065,220 730,805 353,026 87,942 9,846 234,836 2,553 3,135 13,238 423 499,731 1,423 147,795 159 733,168 616,039 302,046 184,917 728,995 611,866 722,147 605,018 221,993 104,864 104,305 73,480 374,813 300,701 74,112 632
The non-financial corporations sector Not consolidated 2017* 1,061,737 1,000,244 990,001 10,243 331 47,646 7,405 5,524 587 998,494 563,688 253,791 4,781 5,158 76,380 16,297 7,405 6,626 105 73,962 617 436,556 372,253 183,473 119,170 154,739 90,436 137,340 73,037 137,340 73,037 73,519 63,243 95,182 34,367 60,815 -2,428
The non-financial corporations sector Consolidated 2017* 1,057,076 1,000,244 990,001 10,243 331 42,985 7,405 5,524 587 993,833 563,688 253,791 4,781 5,158 71,719 16,297 7,405 6,626 105 73,962 617 436,556 372,253 183,473 119,170 154,739 90,436 137,340 73,037 137,340 73,037 73,519 63,243 95,182 34,367 60,815 -2,428
Financial corporations Not consolidated 2017* 407,420 73,612 72,985 627 251,223 64,347 18,158 80 408,458 31,243 19,175 1,874 35 262,170 6,078 42,796 17,510 21,551 13 4,786 1,297 42,369 38,057 21,355 17,043 10,408 6,096 26,529 22,217 4,978 666 733 -1,038 261,325 262,363 -1,038 0
Financial corporations Consolidated 2017* 369,625 73,612 72,985 627 217,182 64,347 14,404 80 370,663 31,243 19,175 1,874 35 228,129 6,078 42,796 13,756 21,551 13 4,786 1,297 42,369 38,057 21,355 17,043 10,408 6,096 26,529 22,217 4,978 666 733 -1,038 261,325 262,363 -1,038 0
Monetary financial institutions Not consolidated 2017* 50,277 29,940 29,794 146 19,509 323 438 67 44,211 6,797 7,788 1,467 23 23,355 2,555 323 439 0 1,510 0 23,143 21,408 13,911 12,176 10,065 8,330 7,509 5,774 7,509 5,774 5,841 6,066 30,481 24,415 6,066 0
Monetary financial institutions Consolidated 2017* 49,396 29,940 29,794 146 18,960 323 106 67 43,330 6,797 7,788 1,467 23 22,806 2,555 323 107 0 1,510 0 23,143 21,408 13,911 12,176 10,065 8,330 7,509 5,774 7,509 5,774 5,841 6,066 30,481 24,415 6,066 0
Central bank Not consolidated 2017* 969 334 334 0 620 10 5 0 100 135 198 0 0 -574 0 10 332 0 -1 0 199 153 1 -45 1,195 1,149 868 822 868 822 822 869 21,046 20,177 869 0
Central bank Consolidated 2017* 969 334 334 0 620 10 5 0 100 135 198 0 0 -574 0 10 332 0 -1 0 199 153 1 -45 1,195 1,149 868 822 868 822 822 869 21,046 20,177 869 0
Deposit-taking corporations and MMFs Not consolidated 2017* 49,308 29,606 29,460 146 18,889 313 433 67 44,111 6,662 7,590 1,467 23 23,929 2,555 313 107 0 1,511 0 22,944 21,255 13,910 12,221 8,870 7,181 6,641 4,952 6,641 4,952 5,019 5,197 9,435 4,238 5,197 0
Deposit-taking corporations and MMFs Consolidated 2017* 48,179 29,606 29,460 146 17,760 313 433 67 42,982 6,662 7,590 1,467 23 22,800 2,555 313 107 0 1,511 0 22,944 21,255 13,910 12,221 8,870 7,181 6,641 4,952 6,641 4,952 5,019 5,197 9,435 4,238 5,197 0
Other financial institutions Not consolidated 2017* 219,835 26,330 26,260 70 193,290 140 75 0 228,095 14,451 6,886 291 9 201,397 1,963 140 78 0 1,877 1,021 11,879 10,814 4,711 3,646 -3,396 -4,461 -5,362 -6,427 -5,362 -6,427 -6,427 -8,260 205,670 213,930 -8,260 0
Other financial institutions Consolidated 2017* 216,973 26,330 26,260 70 190,428 140 75 0 225,233 14,451 6,886 291 9 198,535 1,963 140 78 0 1,877 1,021 11,879 10,814 4,711 3,646 -3,396 -4,461 -5,362 -6,427 -5,362 -6,427 -6,427 -8,260 205,670 213,930 -8,260 0
Non-MMF investment funds Not consolidated 2017* 22,474 4,442 4,437 5 18,028 0 4 0 23,977 3,814 71 113 0 18,133 14 0 4 0 1,143 685 628 303 444 119 339 14 325 0 325 0 0 -1,503 12,982 14,485 -1,503 0
Non-MMF investment funds Consolidated 2017* 22,275 4,442 4,437 5 17,829 0 4 0 23,778 3,814 71 113 0 17,934 14 0 4 0 1,143 685 628 303 444 119 339 14 325 0 325 0 0 -1,503 12,982 14,485 -1,503 0
Other fin. inst. excl. investment funds Not consolidated 2017* 197,361 21,888 21,823 65 175,262 140 71 0 204,118 10,637 6,815 178 9 183,264 1,949 140 74 0 734 336 11,251 10,511 4,267 3,527 -3,735 -4,475 -5,687 -6,427 -5,687 -6,427 -6,427 -6,757 192,688 199,445 -6,757 0
Other fin. inst. excl. investment funds Consolidated 2017* 195,491 21,888 21,823 65 173,392 140 71 0 202,248 10,637 6,815 178 9 181,394 1,949 140 74 0 734 336 11,251 10,511 4,267 3,527 -3,735 -4,475 -5,687 -6,427 -5,687 -6,427 -6,427 -6,757 192,688 199,445 -6,757 0
Other financial intermediaries Not consolidated 2017* 26,540 14,365 14,300 65 12,012 126 37 0 30,942 4,121 5,819 167 9 19,084 857 126 37 0 734 6 10,244 9,504 4,267 3,527 -2,805 -3,545 -3,662 -4,402 -3,662 -4,402 -4,402 -4,402 -7,105 -2,703 -4,402 0
Other financial intermediaries Consolidated 2017* 24,730 14,365 14,300 65 10,202 126 37 0 29,132 4,121 5,819 167 9 17,274 857 126 37 0 734 6 10,244 9,504 4,267 3,527 -2,805 -3,545 -3,662 -4,402 -3,662 -4,402 -4,402 -4,402 -7,105 -2,703 -4,402 0
Captive institutions and money lenders Not consolidated 2017* 170,821 7,523 7,523 0 163,250 14 34 0 173,176 6,516 996 11 0 164,180 1,092 14 37 0 0 330 1,007 1,007 0 0 -930 -930 -2,025 -2,025 -2,025 -2,025 -2,025 -2,355 199,793 202,148 -2,355 0
Captive institutions and money lenders Consolidated 2017* 170,761 7,523 7,523 0 163,190 14 34 0 173,116 6,516 996 11 0 164,120 1,092 14 37 0 0 330 1,007 1,007 0 0 -930 -930 -2,025 -2,025 -2,025 -2,025 -2,025 -2,355 199,793 202,148 -2,355 0
Insurance corporations and pension funds Not consolidated 2017* 137,308 17,342 16,931 411 38,424 63,884 17,645 13 136,152 9,995 4,501 116 3 37,418 1,560 42,333 16,993 21,551 13 1,399 276 7,347 5,835 2,733 1,221 3,739 2,227 24,382 22,870 2,831 1,319 1,319 1,156 25,174 24,018 1,156 0
Insurance corporations and pension funds Consolidated 2017* 134,003 17,342 16,931 411 38,198 63,884 14,566 13 132,847 9,995 4,501 116 3 37,192 1,560 42,333 13,914 21,551 13 1,399 276 7,347 5,835 2,733 1,221 3,739 2,227 24,382 22,870 2,831 1,319 1,319 1,156 25,174 24,018 1,156 0
Insurance corporations Not consolidated 2017* 48,256 12,332 11,961 371 9,670 8,853 17,401 0 47,145 5,160 4,408 83 3 9,313 1,353 12,381 16,453 -3,528 0 1,274 251 7,172 5,947 2,684 1,459 3,041 1,816 -892 -2,117 2,636 1,411 1,411 1,111 -14,520 -15,631 1,111 0
Insurance corporations Consolidated 2017* 45,775 12,332 11,961 371 9,503 8,853 15,087 0 44,664 5,160 4,408 83 3 9,146 1,353 12,381 14,139 -3,528 0 1,274 251 7,172 5,947 2,684 1,459 3,041 1,816 -892 -2,117 2,636 1,411 1,411 1,111 -14,520 -15,631 1,111 0
Pension funds Not consolidated 2017* 89,052 5,010 4,970 40 28,754 55,031 244 13 89,007 4,835 93 33 0 28,105 207 29,952 540 25,079 13 125 25 175 -112 49 -238 698 411 25,274 24,987 195 -92 -92 45 39,694 39,649 45 0
Pension funds Consolidated 2017* 89,052 5,010 4,970 40 28,754 55,031 244 13 89,007 4,835 93 33 0 28,105 207 29,952 540 25,079 13 125 25 175 -112 49 -238 698 411 25,274 24,987 195 -92 -92 45 39,694 39,649 45 0
General government Not consolidated 2017* 533,276 127,232 6,920 5,861 84,473 9,061 7,422 94,112 105,386 116,004 7,708 525,262 41,569 62,355 622 31 7,241 24 79,855 123,231 177,821 9,009 25,768 -2,202 85,663 62,946 22,717 0 98,310 75,593 210,702 187,985 32,881 10,164 8,863 8,014 -7,157 -14,686 7,529 -485
General government Consolidated 2017* 414,689 127,232 6,920 5,861 84,473 9,061 7,236 94,112 105,386 2,989 2,322 406,675 41,569 62,355 622 31 7,055 24 79,855 10,216 177,821 3,623 25,768 -2,202 85,663 62,946 22,717 0 98,310 75,593 210,702 187,985 32,881 10,164 8,863 8,014 -7,157 -14,686 7,529 -485
Central government Not consolidated 2017* 239,555 47,784 1,899 4,786 78,642 5,185 5,168 89,923 1,692 16,927 4,604 232,952 13,811 22,995 112 1 6,947 12 16,481 108,986 43,736 6,696 13,177 0 33,973 23,106 10,867 0 82,545 71,678 65,608 54,741 21,872 11,005 8,913 6,603 -7,664 -13,764 6,100 -503
Central government Consolidated 2017* 224,531 47,784 1,899 4,786 78,642 5,185 5,148 89,923 1,692 3,627 2,900 217,928 13,811 22,995 112 1 6,927 12 16,481 95,686 43,736 4,992 13,177 0 33,973 23,106 10,867 0 82,545 71,678 65,608 54,741 21,872 11,005 8,913 6,603 -7,664 -13,764 6,100 -503
Local government Not consolidated 2017* 169,806 76,477 5,021 1,057 5,831 2,380 2,209 4,189 1,382 78,994 3,104 170,867 26,434 37,821 505 30 294 12 7,805 12,800 72,763 2,179 12,486 -2,202 50,043 38,296 11,747 0 17,113 5,366 81,061 69,314 8,298 -3,449 -2,524 -1,061 -676 367 -1,043 18
Local government Consolidated 2017* 158,083 76,477 5,021 1,057 5,831 2,380 2,174 4,189 1,382 68,462 1,948 159,144 26,434 37,821 505 30 259 12 7,805 2,268 72,763 1,023 12,486 -2,202 50,043 38,296 11,747 0 17,113 5,366 81,061 69,314 8,298 -3,449 -2,524 -1,061 -676 367 -1,043 18
Social security funds Not consolidated 2017* 123,915 2,971 0 18 0 1,496 45 0 102,312 20,083 0 121,443 1,324 1,539 5 0 0 0 55,569 1,445 61,322 134 105 0 1,647 1,544 103 0 -1,348 -1,451 64,033 63,930 2,711 2,608 2,474 2,472 1,183 -1,289 2,472 0
Social security funds Consolidated 2017* 123,915 2,971 0 18 0 1,496 45 0 102,312 20,083 0 121,443 1,324 1,539 5 0 0 0 55,569 1,445 61,322 134 105 0 1,647 1,544 103 0 -1,348 -1,451 64,033 63,930 2,711 2,608 2,474 2,472 1,183 -1,289 2,472 0
Households including NPISHs Not consolidated 2017* 766,912 187,904 140,782 40,713 347,651 234 49,596 128,557 24,254 21,128 7,588 763,651 94,305 17,705 2,801 1,174 6,210 69,261 175,793 25,719 321,910 7,395 43,279 447 93,599 67,802 74,501 48,704 465,538 439,741 347,576 321,779 46,794 20,997 21,190 3,261 25,463 18,657 6,806 3,545
Households including NPISHs Consolidated 2017* 750,218 187,904 140,782 40,713 347,651 234 49,419 127,445 13,996 21,128 2,441 746,957 94,305 17,705 2,801 1,174 6,033 69,261 174,681 15,461 321,910 2,248 43,279 447 93,599 67,802 74,501 48,704 465,538 439,741 347,576 321,779 46,794 20,997 21,190 3,261 25,463 18,657 6,806 3,545
Households Not consolidated 2017* 750,122 180,770 140,080 40,690 347,651 234 49,335 128,530 15,607 21,128 6,867 745,845 90,520 14,638 2,775 1,174 6,199 69,261 175,766 21,247 315,774 7,395 43,001 443 90,250 64,709 74,245 48,704 465,032 439,491 342,895 317,354 48,249 22,708 22,180 4,277 25,747 18,666 7,081 2,804
Households Consolidated 2017* 739,798 180,770 140,080 40,690 347,651 234 49,162 127,472 11,034 21,128 2,347 735,521 90,520 14,638 2,775 1,174 6,026 69,261 174,708 16,674 315,774 2,875 43,001 443 90,250 64,709 74,245 48,704 465,032 439,491 342,895 317,354 48,249 22,708 22,180 4,277 25,747 18,666 7,081 2,804
Non-profit institutions serv. households Not consolidated 2017* 16,790 7,134 702 23 261 27 8,647 721 17,806 3,785 3,067 26 0 11 27 4,472 6,136 0 278 4 3,349 3,093 256 0 506 250 4,681 4,425 -1,455 -1,711 -990 -1,016 -284 -9 -275 741
Non-profit institutions serv. households Consolidated 2017* 16,262 7,134 702 23 257 27 8,123 721 17,278 3,785 3,067 26 0 7 27 3,948 6,136 0 278 4 3,349 3,093 256 0 506 250 4,681 4,425 -1,455 -1,711 -990 -1,016 -284 -9 -275 741
Rest of the world Not consolidated 2017* 813,023 548,283 145,972 6,472 3,469 785 234,836 2,529 3,135 13,238 423 1,423 886,503 633,925 1,097 238,722 4,981 2,981 4,092 0 864 -159 -85,642 -74,198 -73,639 -73,480 205,221 279,333 -74,112 -632
Rest of the world Consolidated 2017* 813,023 548,283 145,972 6,472 3,469 785 234,836 2,529 3,135 13,238 423 1,423 886,503 633,925 1,097 238,722 4,981 2,981 4,092 0 864 -159 -85,642 -74,198 -73,639 -73,480 205,221 279,333 -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
Imports of services
Transactions in services (sales, barter and gifts) from non-residents to residents (in the Netherlands). Imports of services applies among others to expenses made by Dutch companies abroad, like costs of transportation, banking costs and business travels. Imports by services are also made by the Dutch general government, among others by means of expenses made by Dutch embassies and consulates. Imports of services by households consist among others of imports of consumer goods and the direct consumptive expenditure by Dutch residents abroad.
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
Market output
Market output consists of output that is disbursed of on the market or intended to be disbursed of on the market. Market output includes:
- products sold at economically significant prices;
- products bartered;
- products used for payments in kind, including compensation of employees in kind and mixed income in kind;
- products supplied by one local Kind-of-activity unit to another within the same institutional unit to be used as intermediate inputs or for final uses;
- products added to the inventories of finished goods and work-in-progress intended for one or other of the above uses (including natural growth of animal of vegetable products and uncompleted structures for which the buyer is unknown).
Total
Output produced for own final use
Output produced for own final use consists of goods or services that are retained either for own final consumption or for capital formation by the same institutional unit.
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.