Current transactions by sectors; National Accounts

Current transactions by sectors; National Accounts

Institutional sectors Not Consolidated/Consolidated Periods Resources Total (million euros) Resources Imports of goods and services Total (million euros) Resources Imports of goods and services Imports of goods (million euros) Resources Imports of goods and services Imports of services Total (million euros) Resources Imports of goods and services Imports of services Imports of services excluding FISIM (million euros) Resources Imports of goods and services Imports of services Imports of FISIM (million euros) Resources Output Total (million euros) Resources Output Market output Total (million euros) Resources Output Market output Financial intermediation service (FISIM) (million euros) Resources Output Market output Other market output (million euros) Resources Output Output produced for own final use Total (million euros) Resources Output Output produced for own final use Own-account capital formation (million euros) Resources Output Output produced for own final use Products retained for own consumption (million euros) Resources Output Non-market output Total (million euros) Resources Output Non-market output Payments for non-market output (million euros) Resources Output Non-market output Other non-market output (million euros) Resources Compensation of employees Total (million euros) Resources Compensation of employees Wages and salaries (million euros) Resources Compensation of employees Employers' social contributions (million euros) Resources Taxes on production and imports Total (million euros) Resources Taxes on production and imports Taxes on products Total (million euros) Resources Taxes on production and imports Taxes on products Value added tax (VAT) (million euros) Resources Taxes on production and imports Taxes on products Taxes, duties on imports excluding VAT (million euros) Resources Taxes on production and imports Taxes on products Other taxes on products (million euros) Resources Taxes on production and imports Other taxes on production (million euros) Resources Subsidies (-) Total (million euros) Resources Subsidies (-) Subsidies on products (million euros) Resources Subsidies (-) Other subsidies on production (million euros) Resources Property income Total (million euros) Resources Property income Interest Interest; definition National Accounts (million euros) Resources Property income Interest Correction FISIM (million euros) Resources Property income Interest Interest before correction for FISIM (million euros) Resources Property income Distributed income of corporations Total (million euros) Resources Property income Distributed income of corporations Dividends (million euros) Resources Property income Distributed income of corporations Withdrawals from income of quasi-corp. (million euros) Resources Property income Reinvested earnings on foreign investm. (million euros) Resources Property income Other investment income Total (million euros) Resources Property income Other investment income Investm. income attrib. to policy holder (million euros) Resources Property income Other investment income Income payable on pension entitlements (million euros) Resources Property income Other investment income Inv. income attributable to shareholders (million euros) Resources Property income Rent (million euros) Resources Current taxes on income and wealth Total (million euros) Resources Current taxes on income and wealth Current taxes on income (million euros) Resources Current taxes on income and wealth Other current taxes (million euros) Resources Social contributions and benefits Total (million euros) Resources Social contributions and benefits Net social contributions Total (million euros) Resources Social contributions and benefits Net social contributions Employers' actual social contributions (million euros) Resources Social contributions and benefits Net social contributions Employers' imputed social contributions (million euros) Resources Social contributions and benefits Net social contributions Households' actual social contributions (million euros) Resources Social contributions and benefits Net social contributions Households' social contrib. supplements (million euros) Resources Social contributions and benefits Net social contributions The social insur. scheme service charges (million euros) Resources Social contributions and benefits Social benefits in cash Total (million euros) Resources Social contributions and benefits Social benefits in cash Social security benefits in cash (million euros) Resources Social contributions and benefits Social benefits in cash Other social insurance benefits (million euros) Resources Social contributions and benefits Social benefits in cash Social assistance benefits in cash (million euros) Resources Other current transfers Total (million euros) Resources Other current transfers Net non-life insurance premiums (million euros) Resources Other current transfers Non-life insurance claims (million euros) Resources Other current transfers Current transfers within gen. government (million euros) Resources Other current transfers Current international co-operation (million euros) Resources Other current transfers Miscellaneous current transfers (million euros) Resources Other current transfers The VAT- and GNI-based EU own resource (million euros) Resources Adjustm. change in pension entitlements (million euros) Resources Capital transfers Total (million euros) Resources Capital transfers Capital taxes (million euros) Resources Capital transfers Investment grants (million euros) Resources Capital transfers Other capital transfers (million euros) Uses Total (million euros) Uses Exports of goods and services Total (million euros) Uses Exports of goods and services Exports of goods (million euros) Uses Exports of goods and services Exports of services Total (million euros) Uses Exports of goods and services Exports of services Exports of services excluding FISIM (million euros) Uses Exports of goods and services Exports of services Exports of FISIM (million euros) Uses Intermediate consumption (-) (million euros) Uses Compensation of employees Total (million euros) Uses Compensation of employees Wages and salaries (million euros) Uses Compensation of employees Employers' social contributions (million euros) Uses Taxes on production and imports Total (million euros) Uses Taxes on production and imports Taxes on products (million euros) Uses Taxes on production and imports Other taxes on production (million euros) Uses Subsidies (-) Total (million euros) Uses Subsidies (-) Subsidies on products (million euros) Uses Subsidies (-) Other subsidies on production (million euros) Uses Property income Total (million euros) Uses Property income Interest Interest; definition National Accounts (million euros) Uses Property income Interest Correction FISIM (million euros) Uses Property income Interest Interest before correction for FISIM (million euros) Uses Property income Distributed income of corporations Total (million euros) Uses Property income Distributed income of corporations Dividends (million euros) Uses Property income Distributed income of corporations Withdrawals from income of quasi-corps. (million euros) Uses Property income Reinvested earnings on foreign investm. (million euros) Uses Property income Other investment income Total (million euros) Uses Property income Other investment income Investm. income attrib. to policy holder (million euros) Uses Property income Other investment income Income payable on pension entitlements (million euros) Uses Property income Other investment income Inv. income attributable to shareholders (million euros) Uses Property income Rent (million euros) Uses Current taxes on income and wealth Total (million euros) Uses Current taxes on income and wealth Current taxes on income (million euros) Uses Current taxes on income and wealth Other current taxes (million euros) Uses Social contributions and benefits Total (million euros) Uses Social contributions and benefits Net social contributions Total (million euros) Uses Social contributions and benefits Net social contributions Employers' actual social contributions (million euros) Uses Social contributions and benefits Net social contributions Employers' imputed social contributions (million euros) Uses Social contributions and benefits Net social contributions Households' actual social contributions (million euros) Uses Social contributions and benefits Net social contributions Households' social contrib. supplements (million euros) Uses Social contributions and benefits Net social contributions The social insur. scheme service charges (million euros) Uses Social contributions and benefits Social benefits in cash Total (million euros) Uses Social contributions and benefits Social benefits in cash Social security benefits in cash (million euros) Uses Social contributions and benefits Social benefits in cash Other social insurance benefits (million euros) Uses Social contributions and benefits Social benefits in cash Social assistance benefits in cash (million euros) Uses Other current transfers Total (million euros) Uses Other current transfers Net non-life insurance premiums (million euros) Uses Other current transfers Non-life insurance claims (million euros) Uses Other current transfers Current transfers within gen. government (million euros) Uses Other current transfers Current international co-operation (million euros) Uses Other current transfers Miscellaneous current transfers (million euros) Uses Other current transfers The VAT- and GNI-based EU own resource (million euros) Uses Adjustm. change in pension entitlements (million euros) Uses Final consumption expenditure Total (million euros) Uses Final consumption expenditure Actual individual final consumption Total (million euros) Uses Final consumption expenditure Actual individual final consumption Social transfers in kind Total (million euros) Uses Final consumption expenditure Actual individual final consumption Social transfers in kind Transfers in kind non-market production (million euros) Uses Final consumption expenditure Actual individual final consumption Social transfers in kind Transfers in kind market production (million euros) Uses Final consumption expenditure Actual individual final consumption Other individual final consumption (million euros) Uses Final consumption expenditure Actual collective final consumption (million euros) Uses Capital transfers Total (million euros) Uses Capital transfers Capital taxes (million euros) Uses Capital transfers Investment grants (million euros) Uses Capital transfers Other capital transfers (million euros) Uses Gross capital formation Total (million euros) Uses Gross capital formation Gross fixed capital formation Total (million euros) Uses Gross capital formation Gross fixed capital formation Consumption of fixed capital (million euros) Uses Gross capital formation Gross fixed capital formation Net fixed capital formation (million euros) Uses Gross capital formation Changes in inventories incl. valuables Total (million euros) Uses Gross capital formation Changes in inventories incl. valuables Changes in inventories (million euros) Uses Gross capital formation Changes in inventories incl. valuables Acquisitions less disposals of valuables (million euros) Uses Acq. less disposals of non-prod. assets (million euros) Balancing items Gross domestic product (million euros) Balancing items Gross value added (million euros) Balancing items Net domestic product (million euros) Balancing items Net value added (million euros) Balancing items Gross operating surplus (million euros) Balancing items Net operating surplus (million euros) Balancing items Gross national income (million euros) Balancing items Net national income (million euros) Balancing items Gross disposable income (million euros) Balancing items Net disposable income (million euros) Balancing items Gross saving (million euros) Balancing items Net saving (million euros) Balancing items Net transactions of good and services (million euros) Balancing items Surplus nation on current transactions (million euros) Balancing items Net saving and capital transfers (million euros) Balancing items Net lending (+) or net borrowing (-) (million euros) Balancing items Total financial transactions in assets (million euros) Balancing items Total financial transactions liabilities (million euros) Balancing items Net financial transactions (million euros) Balancing items Statistical discrepancy (million euros)
Total domestic sectors Not consolidated 2020 1st quarter* 786,856 386,201 335,839 7,026 328,813 17,138 4,513 12,625 33,224 2,942 30,282 92,716 71,747 20,969 24,737 22,028 14,837 2,486 4,705 2,709 3,818 400 3,418 103,701 23,004 -8,668 31,672 53,055 52,761 294 13,390 13,948 810 7,859 5,279 304 37,912 35,892 2,020 78,391 43,526 16,897 4,448 16,774 7,866 -2,459 34,865 13,284 15,500 6,081 50,912 4,348 4,506 36,792 79 5,187 5,102 3,366 423 1,493 1,450 791,848 206,772 94,965 73,672 21,293 25,686 22,790 2,896 3,410 400 3,010 98,755 22,308 -9,284 31,592 42,801 42,179 622 20,161 13,181 811 7,866 4,504 304 36,840 34,853 1,987 78,357 42,802 16,521 4,448 16,391 7,859 -2,417 35,555 13,769 15,695 6,091 57,571 4,437 4,390 36,792 734 9,550 1,668 5,032 136,371 120,138 35,360 14,049 21,311 84,778 16,233 3,582 422 1,418 1,742 44,477 44,905 34,475 10,430 -428 -416 -12 30 201,819 179,429 167,344 144,954 84,986 50,511 203,975 169,500 198,422 163,947 62,121 27,646 27,430 17,398 269,994 249,850 20,144 2,746
Total domestic sectors Not consolidated 2020 2nd quarter* 783,864 360,815 307,862 6,901 300,961 16,949 4,359 12,590 36,004 2,824 33,180 106,815 84,422 22,393 23,043 20,261 14,269 1,891 4,101 2,782 16,270 449 15,821 95,200 22,188 -8,673 30,861 52,895 52,658 237 4,105 15,736 858 9,119 5,759 276 15,994 13,888 2,106 93,837 55,722 19,352 3,455 26,022 9,127 -2,234 38,115 17,014 14,539 6,562 60,839 4,201 4,038 46,182 84 6,334 6,985 4,066 491 1,678 1,897 793,294 189,549 109,258 86,505 22,753 23,876 20,907 2,969 15,820 449 15,371 97,033 21,300 -9,392 30,692 39,690 39,095 595 20,807 14,960 861 9,127 4,972 276 15,613 13,542 2,071 93,834 54,952 18,938 3,455 25,636 9,119 -2,196 38,882 17,579 14,731 6,572 63,399 4,322 3,927 46,182 757 6,778 1,433 6,928 129,421 112,544 34,948 16,303 18,645 77,596 16,877 4,086 492 1,608 1,986 44,445 41,899 34,644 7,255 2,546 2,553 -7 32 191,724 171,266 157,080 136,622 74,860 40,216 187,065 152,421 184,889 150,245 55,525 20,881 20,861 11,028 277,971 266,672 11,299 271
Total domestic sectors Not consolidated 2020 3rd quarter* 753,684 372,772 322,022 6,796 315,226 17,423 4,570 12,853 33,327 2,734 30,593 90,321 69,522 20,799 23,721 20,833 14,564 2,025 4,244 2,888 7,786 428 7,358 90,617 21,295 -9,077 30,372 48,230 47,718 512 6,025 14,773 797 8,764 5,212 294 22,817 20,775 2,042 82,335 47,049 17,363 3,839 19,344 8,772 -2,269 35,286 14,179 14,891 6,216 52,191 4,112 4,289 38,468 102 5,220 6,642 4,482 618 1,526 2,338 760,252 195,146 92,595 71,447 21,148 24,573 21,498 3,075 7,366 428 6,938 92,041 20,429 -9,818 30,247 37,516 36,747 769 19,764 14,038 801 8,772 4,465 294 22,889 20,885 2,004 82,270 46,290 16,960 3,839 18,957 8,764 -2,230 35,980 14,671 15,083 6,226 54,465 4,214 4,216 38,468 749 6,029 789 6,586 137,760 121,710 37,020 14,543 22,477 84,690 16,050 4,409 608 1,363 2,438 40,414 39,365 34,872 4,493 1,049 1,054 -5 -262 198,696 177,626 163,824 142,754 89,314 54,442 194,566 159,694 192,285 157,413 54,581 19,709 19,782 14,502 69,830 53,036 16,794 2,292
Total domestic sectors Not consolidated 2020 4th quarter* 806,793 391,861 336,936 6,655 330,281 17,597 4,622 12,975 37,328 2,878 34,450 103,409 81,140 22,269 26,241 22,261 14,541 2,756 4,964 3,980 12,322 539 11,783 94,890 20,823 -9,202 30,025 67,424 67,214 210 -9,348 15,623 918 9,164 5,541 368 28,565 26,573 1,992 83,560 48,456 18,565 4,107 19,341 9,172 -2,729 35,104 13,343 15,464 6,297 54,493 4,274 4,470 39,635 157 5,957 6,316 5,136 549 1,936 2,651 816,585 206,451 105,758 83,142 22,616 27,152 22,985 4,167 11,940 538 11,402 99,293 19,650 -10,019 29,669 53,261 52,576 685 11,265 14,749 922 9,172 4,655 368 28,666 26,716 1,950 83,432 47,703 18,162 4,107 18,954 9,164 -2,684 35,729 13,748 15,663 6,318 58,294 4,336 4,384 39,635 1,414 6,709 1,816 6,249 139,306 120,857 38,554 16,001 22,553 82,303 18,449 5,422 557 1,825 3,040 44,622 44,259 35,294 8,965 363 355 8 0 207,856 185,410 172,562 150,116 87,268 51,974 200,575 165,281 196,801 161,507 57,562 22,268 21,982 12,654 -242,662 -251,346 8,684 -3,970
Total domestic sectors Not consolidated 2020* 3,131,197 1,511,649 1,302,659 27,378 1,275,281 69,107 18,064 51,043 139,883 11,378 128,505 393,261 306,831 86,430 97,742 85,383 58,211 9,158 18,014 12,359 40,196 1,816 38,380 384,408 87,310 -35,620 122,930 221,604 220,351 1,253 14,172 60,080 3,383 34,906 21,791 1,242 105,288 97,128 8,160 338,123 194,753 72,177 15,849 81,481 34,937 -9,691 143,370 57,820 60,394 25,156 218,435 16,935 17,303 161,077 422 22,698 25,045 17,050 2,081 6,633 8,336 3,161,979 797,918 402,576 314,766 87,810 101,287 88,180 13,107 38,536 1,815 36,721 387,122 83,687 -38,513 122,200 173,268 170,597 2,671 71,997 56,928 3,395 34,937 18,596 1,242 104,008 95,996 8,012 337,893 191,747 70,581 15,849 79,938 34,906 -9,527 146,146 59,767 61,172 25,207 233,729 17,309 16,917 161,077 3,654 29,066 5,706 24,795 542,858 475,249 145,882 60,896 84,986 329,367 67,609 17,499 2,079 6,214 9,206 173,958 170,428 139,285 31,143 3,530 3,546 -16 -200 800,095 713,731 660,810 574,446 336,428 197,143 786,181 646,896 772,397 633,112 229,789 90,504 90,055 55,582 375,133 318,212 56,921 1,339
Total domestic sectors Not consolidated 2021 1st quarter* 782,372 381,816 329,044 6,445 322,599 18,049 4,703 13,346 34,723 2,962 31,761 94,450 73,186 21,264 25,004 22,094 15,007 2,451 4,636 2,910 9,857 658 9,199 87,387 20,597 -8,821 29,418 39,749 39,512 237 11,577 14,584 732 8,429 5,423 880 34,836 32,829 2,007 82,203 46,312 17,625 4,059 18,787 8,437 -2,596 35,891 13,872 15,550 6,469 57,232 4,398 4,201 42,368 52 6,213 5,740 3,847 777 1,430 1,640 781,331 201,799 96,666 75,035 21,631 25,930 22,833 3,097 9,449 658 8,791 82,497 18,758 -9,659 28,417 34,758 34,079 679 14,285 13,816 736 8,437 4,643 880 33,925 31,945 1,980 82,126 45,538 17,205 4,059 18,398 8,429 -2,553 36,588 14,357 15,752 6,479 60,986 4,470 4,107 42,368 635 6,554 2,852 5,674 133,836 116,738 37,118 14,663 22,455 79,620 17,098 3,871 771 1,338 1,762 44,549 45,316 35,776 9,540 -767 -755 -12 23 202,192 180,017 166,416 144,241 89,453 53,677 204,348 168,572 201,582 165,806 67,812 32,036 32,012 23,216 202,353 180,855 21,498 -1,718
Total domestic sectors Not consolidated 2021 2nd quarter* 861,340 416,109 360,026 6,175 353,851 18,177 4,972 13,205 37,906 3,047 34,859 112,317 88,517 23,800 26,493 23,447 16,512 2,190 4,745 3,046 8,560 918 7,642 106,307 21,407 -8,229 29,636 61,751 61,429 322 4,977 17,646 808 9,965 6,873 526 19,218 17,193 2,025 101,219 60,858 20,366 3,962 28,993 9,974 -2,437 40,361 17,579 15,548 7,234 59,201 4,386 4,354 43,786 69 6,606 7,749 4,167 447 1,565 2,155 860,508 222,380 115,028 90,755 24,273 27,481 24,228 3,253 8,110 918 7,192 100,955 19,504 -8,985 28,489 48,807 48,006 801 15,236 16,882 814 9,974 6,094 526 18,860 16,872 1,988 101,131 59,970 19,838 3,962 28,601 9,965 -2,396 41,161 18,167 15,749 7,245 61,763 4,527 4,234 43,786 681 6,803 1,732 7,693 146,169 129,067 40,989 17,757 23,232 88,078 17,102 4,148 442 1,489 2,217 47,299 47,468 35,938 11,530 -169 -169 0 -509 217,039 193,729 181,101 157,791 83,090 47,152 219,142 183,204 217,026 181,088 70,913 34,975 34,994 24,142 166,899 146,513 20,386 -3,756
Total domestic sectors Not consolidated 2021 3rd quarter* 815,489 413,854 359,680 6,087 353,593 18,321 4,970 13,351 35,853 2,692 33,161 94,804 73,633 21,171 25,747 22,690 16,153 2,109 4,428 3,057 6,307 627 5,680 95,885 20,605 -8,484 29,089 54,286 53,487 799 4,151 16,192 757 9,194 6,241 651 27,993 25,909 2,084 83,193 46,669 17,677 4,000 18,172 9,202 -2,382 36,524 14,422 15,435 6,667 56,017 4,365 4,249 41,583 74 5,746 7,315 4,374 517 1,782 2,075 818,940 221,306 97,373 75,751 21,622 26,764 23,500 3,264 5,887 627 5,260 92,971 18,431 -9,181 27,612 39,862 38,925 937 18,573 15,454 762 9,202 5,490 651 27,595 25,552 2,043 83,008 45,801 17,171 4,000 17,779 9,194 -2,343 37,207 14,897 15,633 6,677 58,379 4,477 4,125 41,583 623 5,932 1,639 7,266 149,311 132,707 40,523 16,557 23,966 92,184 16,604 4,379 515 1,705 2,159 44,816 42,317 36,169 6,148 2,499 2,496 3 -115 215,421 192,548 179,252 156,379 97,591 61,422 215,169 179,000 213,390 177,221 64,128 27,959 27,954 19,422 21,909 6,761 15,148 -4,274
Total domestic sectors Not consolidated 2021 4th quarter* 883,560 443,068 383,324 5,997 377,327 18,989 5,545 13,444 40,755 2,870 37,885 107,597 84,616 22,981 28,108 24,625 16,866 2,761 4,998 3,483 7,171 368 6,803 107,995 21,250 -8,028 29,278 74,814 74,339 475 -4,969 15,937 805 8,879 6,253 963 33,924 31,806 2,118 85,208 49,865 18,986 4,511 20,228 8,887 -2,747 35,343 13,470 16,288 5,585 55,630 4,665 4,417 40,587 77 5,884 6,603 8,256 755 2,032 5,469 893,511 242,137 110,270 86,830 23,440 29,194 25,504 3,690 6,782 367 6,415 114,479 19,330 -8,770 28,100 70,024 69,213 811 9,381 14,781 813 8,887 5,081 963 33,253 31,191 2,062 84,979 48,992 18,470 4,511 19,834 8,879 -2,702 35,987 13,883 16,494 5,610 57,680 4,711 4,352 40,587 1,564 5,904 562 6,544 154,094 134,675 42,916 18,466 24,450 91,759 19,419 8,248 753 1,866 5,629 45,851 47,397 36,602 10,795 -1,546 -1,571 25 0 226,067 200,931 189,465 164,329 93,774 57,172 216,213 179,611 215,063 178,461 61,028 24,426 24,434 15,185 -177,182 -193,914 16,732 1,547
Total domestic sectors Not consolidated 2021* 3,342,761 1,654,847 1,432,074 24,704 1,407,370 73,536 20,190 53,346 149,237 11,571 137,666 409,168 319,952 89,216 105,352 92,856 64,538 9,511 18,807 12,496 31,895 2,571 29,324 397,574 83,859 -33,562 117,421 230,600 228,767 1,833 15,736 64,359 3,102 36,467 24,790 3,020 115,971 107,737 8,234 351,823 203,704 74,654 16,532 86,180 36,500 -10,162 148,119 59,343 62,821 25,955 228,080 17,814 17,221 168,324 272 24,449 27,407 20,644 2,496 6,809 11,339 3,354,290 887,622 419,337 328,371 90,966 109,369 96,065 13,304 30,228 2,570 27,658 390,902 76,023 -36,595 112,618 193,451 190,223 3,228 57,475 60,933 3,125 36,500 21,308 3,020 113,633 105,560 8,073 351,244 200,301 72,684 16,532 84,612 36,467 -9,994 150,943 61,304 63,628 26,011 238,808 18,185 16,818 168,324 3,503 25,193 6,785 27,177 583,410 513,187 161,546 67,443 94,103 351,641 70,223 20,646 2,481 6,398 11,767 182,515 182,498 144,485 38,013 17 1 16 -601 860,719 767,225 716,234 622,740 363,908 219,423 854,872 710,387 847,061 702,576 263,881 119,396 119,394 81,965 213,979 140,215 73,764 -8,201
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:
Annual figures from 1995.
Quarterly figures from first quarter 1999.

Status of the figures:
The figures from 1995 up to and including 2018 are final. Data of 2019, 2020 and 2021 are provisional.

Changes as of March 25th 2022:
Data on the fourth quarter of 2021 and annual data on 2021 are available. Data on the first three quarters of 2021 have been revised. Recently available quarterly an annual data from government finance statistics on 2020 have not been incorporated in the National Accounts. Therefore, data in publications of National Accounts and government finance statistics are not consistent. Differences will be resolved with the next publication date, June 24th 2022.

When will new figures be published?
Annual figures: Provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year.
Quarterly figures: The first quarterly estimate is available 85 days after the end of each reporting quarter. The first quarter may be revised in September, the second quarter in December. Should further quarterly information become available thereafter, the estimates for the first three quarters may be revised in March. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures.

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 goods
Transactions in goods (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. Part of the imports are raw materials, semifinished products, fuel and fixed assets. Furthermore, imports of goods may be re-exports: goods that were imported before being exported, after having received at most minor adaptations.
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
Imports of services excluding FISIM
This is the imports of services less the imports of financial intermediation services indirectly measured (fisim) from non-resident financial corporations to residents
Imports of FISIM
This is the imports of financial intermediation services indirectly measured (fisim) from non-resident financial corporations to residents.
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
Financial intermediation service (FISIM)
The concept of imputed bank services encompasses the remuneration for financial services which are not paid for directly. This remuneration is included in the actual interest paid or received. In the national accounts this indirect remuneration is specified as financial intermediation service charge indirectly measured.
The size of the imputed bank services is determined on the basis of a ‘reference rate’. This reference rate equals the rate of the interbank loans. The difference between the reference rate and the actual interest paid to depositors or the actual interest received from borrowers is the indirectly measured financial intermediation service charge. The actual interest paid and received is corrected for these imputed bank services.
Other 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).
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
Own-account capital formation
Output of gross fixed capital formation by the same institutional unit.

Examples of products used for own gross fixed capital formation:
- special tools or machines;
- dwellings, or extensions of dwellings, which are produced by households.
Products retained for own consumption
Products retained for own final consumption can only be produced by the households sector. Examples of products retained for own final consumption include:
- agricultural products retained by farmers;
- dwelling services produced by owner-occupiers;
- household services produced by employing paid staff.
Non-market output
Non-market output is output that is provided to other units for free, or at prices that are not economically significant. Non-market output is subdivided into two items: 'Payments for non-market output', which consists of various fees and charges, and 'Non-market output, other', which is output provided for free.
Non-market output is produced for the following reasons.
- It may be technically impossible to make individuals pay for collective services because their consumption of such services cannot be monitored and controlled. The production of collective services is organized by government units and financed out of funds other than receipts from sales, namely taxation or other government incomes.
- Government units and NPISHs may also produce and supply goods or services to individual households for which they could charge but choose not to do so as a matter of social or economic policy. Examples are the provision of education or health services, for free or at prices that are not economically significant.
Total
Payments for non-market output
Payments for non-market output is output that is provided to other units at prices that are not economically significant.
Non-market output is produced for the following reasons.
- It may be technically impossible to make individuals pay for collective services because their consumption of such services cannot be monitored and controlled. The production of collective services is organized by government units and financed out of funds other than receipts from sales, namely taxation or other government incomes.
- Government units and NPISHs may also produce and supply goods or services to individual households for which they could charge but choose not to do so as a matter of social or economic policy. Examples are the provision of education or health services, for free or at prices that are not economically significant.
Other non-market output
Other non-market output is output that is provided to other units for.
Non-market output is produced for the following reasons.
- It may be technically impossible to make individuals pay for collective services because their consumption of such services cannot be monitored and controlled. The production of collective services is organized by government units and financed out of funds other than receipts from sales, namely taxation or other government incomes.
- Government units and NPISHs may also produce and supply goods or services to individual households for which they could charge but choose not to do so as a matter of social or economic policy. Examples are the provision of education or health services, for free or at prices that are not economically significant.
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
Wages and salaries
Wages and salaries are the remunerations an employee receives in return for work done during an accounting period. Wages and salaries include social contributions, income taxes and other payments payable by the employee, including those withheld by the employer and paid directly to social insurance schemes, tax authorities etc. on behalf of the employee. The most important form of wages and salaries is wages in cash (including withheld income taxes and social contributions). Wages in cash are composed of regular gross wages, standard extra allowances (for instance for hazardous work), bonuses, overtime pay, tips and compensation for costs related to employment (for instance refunds of fares to and from work). Bonuses include holiday pay, tantième, gratifications, profit shares and a thirteenth or fourteenth month. Wages in kind occur if an employee benefits from his or her job besides being paid wages. Examples of payment in kind are private use of a company car, free housing, free food, lower interest rates on mortgages, free or cheap use of the company's products or services, and company supplied or subsidized child care.
Employers' social contributions
Employers' social contributions are social contributions payable by employers to social security schemes or other employment-related social insurance schemes to secure social benefits for their employees. Employer's social contributions may be either actual or imputed. As set out by the ESA 2010, pay over periods in which no work is done due to illness or bad weather is registered as part of employers' social contributions.
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
Taxes on products
Taxes that are payable per unit of a given good or service produced or imported. The tax may be a specific amount of money per unit of quantity of a good or service, or it may be calculated as a specified percentage of the price per unit or value of the goods and services produced or traded.
Total
Value added tax (VAT)
Value added tax (VAT) is a tax on goods or services collected in stages by enterprises and which is ultimately charged in full to the final purchaser. The common feature of VAT is that producers are obliged to pay to the government only the difference between the VAT on their sales and the VAT on their purchases for intermediate consumption and gross fixed capital formation.
Taxes, duties on imports excluding VAT
Taxes and duties on imports excluding VAT comprise compulsory payments levied by general government or the institutions of the European Union on imported goods, excluding VAT, in order to admit them to free circulation on the economic territory, and on services provided to resident units by non-resident units. Examples are import duties and excise duties on imported fuel.
Other taxes on products
Taxes on products which are related to domestically produced goods and services. Examples are excise duties on beer and petrol which are produced in the Netherlands.
Other taxes on production
Other taxes on production include all taxes on production paid by producers, not related to the value or volume of products produced or transacted. Examples are real estate tax and sewerage charges paid by producers.
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
Subsidies on products
Subsidies payable per unit of a good or service produced or imported. The amount of subsidies is related to the value or amount of product.
Other subsidies on production
Other subsidies on production include all subsidies on production paid to producers, not related to the value or volume of products domestically produced or transacted. These are subsidies on agricultural products, subsidies on R&D and wage subsidies.
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
Interest
Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
Interest; definition National Accounts
Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
Correction FISIM
The concept of imputed bank services encompasses the remuneration for financial services which are not paid for directly. This remuneration is included in the actual interest paid or received. In the national accounts this indirect remuneration is specified as financial intermediation services indirectly measured.

The size of the imputed bank services is determined on the basis of a reference rate. This reference rate equals the rate of the interbank loans. The difference between the reference rate and the actual interest paid to depositors or the actual interest received from borrowers is the indirectly measured financial intermediation service charge. The actual interest paid and received is corrected for these imputed bank services.
Interest before correction for FISIM
Actual interest is the interest imputed to the period for which the underlying claim or debt exists. This deviates from the concept of interest in the national accounts. In the concept of interest in the national accounts, the actual interest is corrected for imputed bank services.
Distributed income of corporations
Distributed income of corporations consists of dividends and withdrawals from income of quasi-corporations.
Dividends are a form of property income received by owners of shares to which they become entitled as a result of placing funds at the disposal of corporations. Dividends are recorded gross, before deduction of dividend tax. This applies also for the taxes on dividends to and from the rest of the world. Dividends are recorded at the moment they are made payable.
Quasi-corporations have no independent legal status. However, they have an economic and financial behavior that is different from that of their owners and similar to that of corporations. Therefore they are classified as non-financial or financial corporations.
Total
Dividends
Dividends are a form of property income received by owners of shares to which they become entitled as a result of placing funds at the disposal of corporations. Dividends are recorded gross, before deduction of dividend tax. This applies also for the taxes on dividends to and from the rest of the world. Dividends are recorded at the moment they are made payable.
Withdrawals from income of quasi-corp.
Quasi-corporations have no independent legal status. However, they have an economic and financial behavior that is different from that of their owners and similar to that of corporations. Therefore they are classified as non-financial or financial corporations.
Reinvested earnings on foreign investm.
Reinvested earnings on foreign direct investment are equal to the operating surplus of the foreign direct investment enterprise
plus any property incomes or current transfers receivable, minus any property incomes or current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on the income, wealth, etc., of the foreign direct investment enterprise.
On the financial account this return on foreign direct investment are returned in the form of the purchase of shares. If the dividends paid is greater than the profit earned in a period, this means that the retained earnings on foreign direct investment are negative.
Other investment income
Other investment income consists of:
- investment income attributable to insurance policy holders
- investment income payable on pension entitlements
- investment income attributable to collective investment fund shareholders
Total
Investm. income attrib. to policy holder
In the national accounts pension and life insurance technical reserves are seen as a liability of insurance corporations to policy holders. Therefore, the investment revenues on these technical reserves are booked as payments from insurance corporations to households.
Subsequently, households pay back these revenues as imputed contributions to pension funds and life insurance corporations. In the financial accounts the latter transaction is recorded as a component of net equity in life insurance and pension funds technical reserves.
Income payable on pension entitlements
In the national accounts collective life insurance and pension provisions are seen as a liability of insurance enterprises and pension funds to pension participants. Therefore, the investment revenues on these provisions are booked as payments from insurance enterprises and pension funds to households.
Subsequently, households pay back these revenues as imputed premiums to insurance companies and pension funds.
Inv. income attributable to shareholders
Investment fund shareholders in a transaction recorded in the financial account.
Investment income attributable to collective investment fund shareholders, including mutual funds and unit trusts, consists of the following separate components:
— dividends attributable to collective investment fund shareholders
— retained earnings attributable to collective investment fund shareholders.

Dividends are a form of property income received by owners of shares to which they become entitled as a result of placing funds at the disposal of investments funds.
Reinvested earnings are equal to the operating surplus of the investment funds minus the dividends attributable to shareholders. Reinvested earnings are re-injected into the fund by a transaction recorded in the financial account.
Rent
Rent is the income receivable by the owner of a natural resource for putting the natural resource at the disposal of another institutional unit.
There are two different types of resource rents: rent on land, and rent on subsoil resources. Resource rents on other natural resources such as radio spectra follow the same pattern. Examples are rents received by landowners from tenants and royalties for the permission to explore or to extract minerals or fossil fuels (received by owners of such deposits).
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
Current taxes on income
Tax levied on income. These include: corporate income tax, payroll tax, income tax, dividend tax, gambling tax and one-time revenue in connection with the liquidation of holding companies.
Other current taxes
Tax levied on capital (such as bank balances, savings and investments). The amount to be paid depends on the volume of the capital.
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 organized 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
Net social contributions
Social contributions include social security contributions, private social contributions (among which contributions to pension schemes) and imputed social contributions. Employers, employees, self-employed persons and non-active persons pay these contributions. Actually, the employers' part is paid directly to the insurers. However, in the national accounts, the employers' contributions are supposed to be part of primary income of households (i.e. the income from direct participation in the production process). Therefore, in first instance these contributions are treated as payments by employers to households as compensation of employees, who are deemed to pay them to the insurers in the income account.
Total
Employers' actual social contributions
Payments by employers, enforced by laws or (collective) labor agreement, in order to make social benefits possible.
Employers' imputed social contributions
Imputed social contributions represent the counterpart to the 'unfunded employee social benefits' (less any employees' social contributions) paid directly by employers to their (former) employees. It is necessary to introduce this imputation because the direct payments are recorded twice. Firstly they are recorded as employers' social contributions (part of the compensation of employees). Secondly they are recorded as social benefits.
Households' actual social contributions
Households' actual social contributions are social contributions payable on their own behalf by employees, self-employed or non-employed persons to social insurance schemes.
Households' social contrib. supplements
Households' social contribution supplements consist of the property income earned during the accounting period on the stock of pension and non-pension entitlements.
The social insur. scheme service charges
The social insurance scheme service charges are the service fees charged by the units administering the schemes. They appear here as part of the calculation for net social contributions; they are not redistributive transactions but part of output and consumption expenditure.
Social benefits in cash
Social benefits other than social transfers in kind is made up of three sub-headings:
- social security benefits in cash
- other social insurance benefits
- social assistance benefits in cash
Total
Social security benefits in cash
Social security benefits in cash are social insurance benefits payable in cash to households by social security funds. Reimbursements are excluded and treated as social transfers in kind.
Other social insurance benefits
Other social insurance benefits correspond to benefits payable by employers in the context of other employment related social insurance schemes.
Examples are:
- A continued payment of normal, or reduced, wages during periods of absence from work as a result of ill health, accident, maternity, etc;
- The payment of retirement of survivors’ pensions to ex-employees or their survivors, and the payment of severance allowances to workers of their survivors in the event of redundancy, incapacity, accidental death etc. (if linked to collective agreements).
Social assistance benefits in cash
Social assistance benefits are payments of the central and local government to households, for which no quid pro quo by the beneficiary is expected. These benefits are based on a number of Dutch laws, such as the Act on Labor and Social Assistance.
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
Net non-life insurance premiums
These premiums provide cover against damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc.
The premiums are paid by policy holders to non-life insurance companies and. The premiums are recorded net (i.e. the sum of production costs are deducted).
Non-life insurance claims
Non-life insurance claims represent the amounts which insurance enterprises are obliged to pay in settlement of injuries or damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc. The claims are paid by the insurance enterprises to the policy holders.
Current transfers within gen. government
Current transfers within general government include transfers between the different subsectors of general government (central government, state government, local government and social security funds) with the exception of taxes, subsidies, investment grants and other capital transfers.
Current international co-operation
Current international co-operation includes all transfers in cash or in kind between general government and governments or international organizations in the rest of the world, except investment grants and other capital transfers.

Miscellaneous current transfers
Miscellaneous current transfers include all current transfers not elsewhere classified. They include:
- current transfers to NPISHs include all voluntary contributions (other than legacies), membership subscriptions and financial assistance which NPISHs receive from households (including non-resident households) and, to a lesser extent, from other units;
- current transfers between households consist of all current transfers in cash or in kind made, or received, by resident households to, or from, other resident or non-resident households. In particular, they comprise remittances by emigrants or workers permanently settled abroad (or working abroad for a period of a year or longer) to members of their family living in their country of origin, or by parents to children in another location;
- fines and penalties imposed on institutional units by courts of law or quasi-judicial bodies are treated as other miscellaneous current transfers;
- the amounts paid for lottery tickets or placed in bets consist of two elements: the payment of a service charge to the unit organiing the lottery or gambling and a residual current transfer that is paid out to the winners;
- sponsoring by corporations if those payments cannot be regarded as purchases of advertising or other services (for instance, transfers for a good cause, or scholarships.
The VAT- and GNI-based EU own resource
The VAT- and GNI-based third and fourth EU own resources are current transfers paid by the general government of each Member State to the institutions of the European Union.
The VAT-based third EU own resource and the GNI-based fourth EU own resource are contributions to the budget of the Union institutions. The level of the contribution of each Member State is based on the levels of their VAT base and their GNI.
The heading also includes miscellaneous non-tax contributions of the government to the institutions of the European Union.
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
Capital taxes
Capital taxes are compulsory, non-periodical payments to the government. They are based on the wealth of taxable persons. In practice, they only cover the inheritance tax. Taxes on net wealth of individuals are imposed periodically and are therefore recorded as taxes on income and wealth.
Investment grants
Investment grants are capital transfers, which are intended to finance fixed capital formation of other units.
Other capital transfers
Other capital transfers are capital transfers that cannot be characterized as investment grants or as capital taxes.
Uses
Uses are transactions appear which deduces the economic value of sectors.
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
Exports of goods
Transactions in goods (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. Part of the exports of goods are re-exports: goods that were imported before being exported, after having received at most minor adaptations.
Exports of services
Transactions in 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. Exports of services include among others the following cases: transportation by resident carriers abroad, harbor services and ship maintenance to non-residents, works performed abroad by resident contractors. Expenses made in the Netherlands by foreign tourists, diplomats and cross-border workers.
Total
Exports of services excluding FISIM
This is the exports of services less the exports of financial intermediation services indirectly measured from resident financial corporations to non-residents.
Exports of FISIM
This is the exports of financial intermediation services indirectly measured from resident financial corporations to non-residents.
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.
Wages and salaries
Wages and salaries are the remunerations an employee receives in return for work done during an accounting period. Wages and salaries include social contributions, income taxes and other payments payable by the employee, including those withheld by the employer and paid directly to social insurance schemes, tax authorities etc. on behalf of the employee. The most important form of wages and salaries is wages in cash (including withheld income taxes and social contributions). Wages in cash are composed of regular gross wages, standard extra allowances (for instance for hazardous work), bonuses, overtime pay, tips and compensation for costs related to employment (for instance refunds of fares to and from work). Bonuses include holiday pay, tantième, gratifications, profit shares and a thirteenth or fourteenth month. Wages in kind occur if an employee benefits from his or her job besides being paid wages. Examples of payment in kind are private use of a company car, free housing, free food, lower interest rates on mortgages, free or cheap use of the company's products or services, and company supplied or subsidized child care.
Employers' social contributions
Employers' social contributions are social contributions payable by employers to social security schemes or other employment-related social insurance schemes to secure social benefits for their employees. Employer's social contributions may be either actual or imputed. As set out by the ESA 2010, pay over periods in which no work is done due to illness or bad weather is registered as part of employers' social contributions.
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
Taxes on products
Taxes that are payable per unit of a given good or service produced or imported. The tax may be a specific amount of money per unit of quantity of a good or service, or it may be calculated as a specified percentage of the price per unit or value of the goods and services produced or traded.
Other taxes on production
Other taxes on production include all taxes on production paid by producers, not related to the value or volume of products produced or transacted. Examples are real estate tax and sewerage charges paid by producers.
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
Subsidies on products
Subsidies payable per unit of a good or service produced or imported. The amount of subsidies is related to the value or amount of product.
Other subsidies on production
Other subsidies on production include all subsidies on production paid to producers, not related to the value or volume of products domestically produced or transacted. These are subsidies on agricultural products, subsidies on R&D and wage subsidies.
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
Interest
Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
Interest; definition National Accounts
Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
Correction FISIM
The concept of imputed bank services encompasses the remuneration for financial services which are not paid for directly. This remuneration is included in the actual interest paid or received. In the national accounts this indirect remuneration is specified as financial intermediation services indirectly measured.

The size of the imputed bank services is determined on the basis of a reference rate. This reference rate equals the rate of the interbank loans. The difference between the reference rate and the actual interest paid to depositors or the actual interest received from borrowers is the indirectly measured financial intermediation service charge. The actual interest paid and received is corrected for these imputed bank services.
Interest before correction for FISIM
Actual interest is the interest imputed to the period for which the underlying claim or debt exists. This deviates from the concept of interest in the national accounts. In the concept of interest in the national accounts, the actual interest is corrected for imputed bank services.
Distributed income of corporations
Distributed income of corporations consists of dividends and withdrawals from income of quasi-corporations.
Dividends are a form of property income received by owners of shares to which they become entitled as a result of placing funds at the disposal of corporations. Dividends are recorded gross, before deduction of dividend tax. This applies also for the taxes on dividends to and from the rest of the world. Dividends are recorded at the moment they are made payable.
Quasi-corporations have no independent legal status. However, they have an economic and financial behavior that is different from that of their owners and similar to that of corporations. Therefore they are classified as non-financial or financial corporations.
Total
Dividends
Dividends are a form of property income received by owners of shares to which they become entitled as a result of placing funds at the disposal of corporations. Dividends are recorded gross, before deduction of dividend tax. This applies also for the taxes on dividends to and from the rest of the world. Dividends are recorded at the moment they are made payable.
Withdrawals from income of quasi-corps.
Quasi-corporations have no independent legal status. However, they have an economic and financial behavior that is different from that of their owners and similar to that of corporations. Therefore they are classified as non-financial or financial corporations.
Reinvested earnings on foreign investm.
Reinvested earnings on foreign direct investment are equal to the operating surplus of the foreign direct investment enterprise
plus any property incomes or current transfers receivable, minus any property incomes or current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on the income, wealth, etc., of the foreign direct investment enterprise.
On the financial account this return on foreign direct investment are returned in the form of the purchase of shares. If the dividends paid is greater than the profit earned in a period, this means that the retained earnings on foreign direct investment are negative.
Other investment income
Other investment income consists of:
- investment income attributable to insurance policy holders
- investment income payable on pension entitlements
- investment income attributable to collective investment fund shareholders
Total
Investm. income attrib. to policy holder
Investment income attributable to insurance policy holders corresponds to total primary incomes received from the investment of insurance technical reserves. The reserves are those where an insurance corporation recognises a corresponding liability to the policyholders.
In the national accounts pension and life insurance technical reserves are seen as a liability of insurance corporations to policy holders. Therefore, the investment revenues on these technical reserves are booked as payments from insurance corporations to households.
Subsequently, households pay back these revenues as imputed contributions to pension funds and life insurance corporations. In the financial accounts the latter transaction is recorded as a component of net equity in life insurance and pension funds technical reserves.

Income payable on pension entitlements
Investment income payable on pension entitlements. Pension entitlements arise from one of two different types of pension schemes. These are defined contribution schemes and defined benefit schemes.
A defined contribution scheme is one where contributions by both employers and employees are invested on behalf of the employees as future pensioners. No other source of funding of pensions is available and no other use is made of the funds. The investment income payable on defined contribution entitlements is equal to the investment income on the funds plus any income earned by renting land or buildings owned by the fund.
The characteristic of a defined benefit scheme is that a formula is used to determine the level of payments to be made to pensioners. This characteristic makes it possible to determine the level of entitlements as the present value of all future payments, calculated using actuarial assumptions about life lengths and economic assumptions about the interest or discount rate. The present value of the entitlements existing at the start of the year increases because the date when the entitlements become payable is one year nearer. This increase is regarded as investment income attributed to the pension holders in the case of defined benefit scheme. The amount of the increase is neither affected by whether the pension scheme actually has sufficient funds to meet all the obligations nor by the type of increase in the funds, whether it is investment income or holding gains, for example.
Inv. income attributable to shareholders
Investment income attributable to collective investment fund shareholders, including mutual funds and unit trusts, consists of the following separate components:
- dividends attributable to collective investment fund shareholders
- retained earnings attributable to collective investment fund shareholders
The dividend component is recorded in exactly the same manner as dividends for individual corporations, as described above. The retained earnings component is recorded using the same principles as those described for foreign direct investment enterprises but is calculated excluding any reinvested earnings on foreign direct investment. The remaining retained earnings are attributed to the investment fund shareholders leaving the investment fund with no saving, and are re-injected into the fund by the investment fund shareholders in a transaction recorded in the financial account.
Rent
Rent is the income receivable by the owner of a natural resource for putting the natural resource at the disposal of another institutional unit.
There are two different types of resource rents: rent on land, and rent on subsoil resources. Resource rents on other natural resources such as radio spectra follow the same pattern. Examples are rents received by landowners from tenants and royalties for the permission to explore or to extract minerals or fossil fuels (received by owners of such deposits).
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
Current taxes on income
Tax levied on income. These include: corporate income tax, payroll tax, income tax, dividend tax, gambling tax and one-time revenue in connection with the liquidation of holding companies.
Other current taxes
Tax levied on capital (such as bank balances, savings and investments). The amount to be paid depends on the volume of the capital.
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 organized 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
Net social contributions
Social contributions include social security contributions, private social contributions (among which contributions to pension schemes) and imputed social contributions. Employers, employees, self-employed persons and non-active persons pay these contributions. Actually, the employers' part is paid directly to the insurers. However, in the national accounts, the employers' contributions are supposed to be part of primary income of households (i.e. the income from direct participation in the production process). Therefore, in first instance these contributions are treated as payments by employers to households as compensation of employees, who are deemed to pay them to the insurers in the income account.
Total
Employers' actual social contributions
Payments by employers, enforced by laws or (collective) labor agreement, in order to make social benefits possible.
Employers' imputed social contributions
Imputed social contributions represent the counterpart to the 'unfunded employee social benefits' (less any employees' social contributions) paid directly by employers to their (former) employees. It is necessary to introduce this imputation because the direct payments are recorded twice. Firstly they are recorded as employers' social contributions (part of the compensation of employees). Secondly they are recorded as social benefits.
Households' actual social contributions
Households' actual social contributions are social contributions payable on their own behalf by employees, self-employed or non-employed persons to social insurance schemes.
Households' social contrib. supplements
Households' social contribution supplements consist of the property income earned during the accounting period on the stock of pension and non-pension entitlements.
The social insur. scheme service charges
The social insurance scheme service charges are the service fees charged by the units administering the schemes. They appear here as part of the calculation for net social contributions; they are not redistributive transactions but part of output and consumption expenditure.
Social benefits in cash
Social benefits other than social transfers in kind is made up of three sub-headings:
- social security benefits in cash
- other social insurance benefits
- social assistance benefits in cash.
Total
Social security benefits in cash
Social security benefits in cash are social insurance benefits payable in cash to households by social security funds. Reimbursements are excluded and treated as social transfers in kind.
Other social insurance benefits
Other social insurance benefits correspond to benefits payable by employers in the context of other employment related social insurance schemes.
Examples are:
- A continued payment of normal, or reduced, wages during periods of absence from work as a result of ill health, accident, maternity, etc;
- The payment of retirement of survivors’ pensions to ex-employees or their survivors, and the payment of severance allowances to workers of their survivors in the event of redundancy, incapacity, accidental death etc. (if linked to collective agreements).
Social assistance benefits in cash
Social assistance benefits are payments of the central and local government to households, for which no quid pro quo by the beneficiary is expected. These benefits are based on a number of Dutch laws, such as the Act on Labor and Social Assistance.
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
Net non-life insurance premiums
These premiums provide cover against damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc.
The premiums are paid by policy holders to non-life insurance companies and. The premiums are recorded net (i.e. the sum of production costs are deducted).
Non-life insurance claims
Non-life insurance claims represent the amounts which insurance enterprises are obliged to pay in settlement of injuries or damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc. The claims are paid by the insurance enterprises to the policy holders.
Current transfers within gen. government
Current transfers within general government include transfers between the different subsectors of general government (central government, state government, local government and social security funds) with the exception of taxes, subsidies, investment grants and other capital transfers.
Current international co-operation
Current international co-operation includes all transfers in cash or in kind between general government and governments or international organizations in the rest of the world, except investment grants and other capital transfers.
Miscellaneous current transfers
Miscellaneous current transfers include all current transfers not elsewhere classified. They include:
- current transfers to NPISHs include all voluntary contributions (other than legacies), membership subscriptions and financial assistance which NPISHs receive from households (including non-resident households) and, to a lesser extent, from other units;
- current transfers between households consist of all current transfers in cash or in kind made, or received, by resident households to, or from, other resident or non-resident households. In particular, they comprise remittances by emigrants or workers permanently settled abroad (or working abroad for a period of a year or longer) to members of their family living in their country of origin, or by parents to children in another location;
- fines and penalties imposed on institutional units by courts of law or quasi-judicial bodies are treated as other miscellaneous current transfers;
- the amounts paid for lottery tickets or placed in bets consist of two elements: the payment of a service charge to the unit organizing the lottery or gambling and a residual current transfer that is paid out to the winners;
- sponsoring by corporations if those payments cannot be regarded as purchases of advertising or other services (for instance, transfers for a good cause, or scholarships.
The VAT- and GNI-based EU own resource
The VAT- and GNI-based third and fourth EU own resources are current transfers paid by the general government of each Member State to the institutions of the European Union.
The VAT-based third EU own resource and the GNI-based fourth EU own resource are contributions to the budget of the Union institutions. The level of the contribution of each Member State is based on the levels of their VAT base and their GNI.
The heading also includes miscellaneous non-tax contributions of the government to the institutions of the European Union.
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 licenses.
Total
Actual individual final consumption
Expenditure on goods or services that are used for the direct satisfaction of individual needs.
Total
Social transfers in kind
Social transfers in kind consist of individual goods and services provided for free or at prices that are not economically significant to individual households by government units and NPISHs, whether purchased on the market or produced as non-market output by government units or NPISHs. They are financed out of taxation, other government income or social security contributions, or out of donations and property income in the case of NPISHs.
Total
Transfers in kind non-market production
Social transfers in kind are individual goods and services provided directly to the beneficiaries by non-market producers. Any payments made by the households themselves should be deducted.
Transfers in kind market production
Individual goods and services in the form of reimbursements by social security funds of approved expenditures made by households on specific goods and services; or
provided directly to the beneficiaries by market producers from which general government purchases the corresponding goods and services.
Any payments made by the households themselves are to be deducted.
Other individual final consumption
Other individual final consumption.
Actual collective final consumption
Expenditure on goods or services that are used for the direct satisfaction of collective needs.

Collective services have the following characteristics:
-they can be delivered simultaneously to every member of the community or to particular sections of the community, such as those in a particular region or locality;
- the use of such services is usually passive and does not require the agreement or active participation of all the individuals concerned;
- the provision of a collective service to one individual does not reduce the amount available to other in the same community or section of the community.
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
Capital taxes
Capital taxes are compulsory, non-periodical payments to the government. They are based on the wealth of taxable persons. In practice, they only cover the inheritance tax. Taxes on net wealth of individuals are imposed periodically and are therefore recorded as taxes on income and wealth.
Investment grants
Investment grants are capital transfers, which are intended to finance fixed capital formation of other units.
Other capital transfers
Other capital transfers are capital transfers that cannot be characterized as investment grants or as capital taxes.
Gross capital formation
Capital formation consists of capital formation in fixed assets and changes in inventories including valuables.
Total
Gross fixed capital formation
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 licenses.
Total
Consumption of fixed capital
The decline in value of fixed assets owned, as a result of normal wear and tear and obsolescence.

For the estimation of the consumption of fixed capital the perpetual inventory method (PIM) is applied. The capital stock at the beginning of the year is brought to replacement value because of price changes. The fixed capital formation during the year is added to this capital stock. Next it is diminished with the value of capital goods discarded. This gives to value of capital stock at the end of the year. The consumption of fixed obtained by applying a depreciation percentage.
This method may differ considerably from the method used to calculate depreciation in business accounts, which is based on historical costs or fiscal life span.
Net fixed capital formation
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 licenses.
Changes in inventories incl. valuables
Changes in inventories including acquisitions less disposals of valuables.
Changes in the stock of raw materials, semi-finished products, work-in-progress (unfinished works like ships or oil rigs) and finished products still held by the producer. Changes in stock do not include work-in-progress in construction. Positive changes in inventories arise when products are finished in the reference period but not yet sold. Alternatively, they arise when goods are purchased for intermediate consumption but not yet used. Negative changes in inventories arise when goods from stocks have been sold, or used in the production process.

In measuring changes in inventories, changes in prices during the reference period are not allowed to have any effect. The initial and final inventory is therefore valued at the same price. Raw materials are valued at the price of purchase. Final products are valued at the selling price. Work-in-progress is valued at the cost-price.

Acquisitions less disposals of valuables consists of the acquisitions less disposals of precious stones, non-monetary gold, antiques, art objects and jewelry that are acquired and held primarily as stores of value. In the national accounts this transaction is mostly combined with changes in inventories.
Total
Changes in inventories
Changes in inventories including acquisitions less disposals of valuables.
Changes in the stock of raw materials, semi-finished products, work-in-progress (unfinished works like ships or oil rigs) and finished products still held by the producer. Changes in stock do not include work-in-progress in construction. Positive changes in inventories arise when products are finished in the reference period but not yet sold. Alternatively, they arise when goods are purchased for intermediate consumption but not yet used. Negative changes in inventories arise when goods from stocks have been sold, or used in the production process.

In measuring changes in inventories, changes in prices during the reference period are not allowed to have any effect. The initial and final inventory is therefore valued at the same price. Raw materials are valued at the price of purchase. Final products are valued at the selling price. Work-in-progress is valued at the cost-price.
Acquisitions less disposals of valuables
Acquisitions less disposals of valuables consists of the acquisitions less disposals of precious stones, non-monetary gold, antiques, art objects and jewelry that are acquired and held primarily as stores of value
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-frequencies.
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
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).
Gross value added
The value of all goods and services produced (production value or output), minus those that have been intermediately used upon production (intermediate consumption). Value added is rated at basic prices: purchaser's prices minus trade and transport margins and taxes on products paid and plus subsidies on products received. Intermediate consumption is rated at purchaser's prices minus non-deductible VAT.
Included is the output by all kind-of-activity units residing in the Netherlands, also those that are held by foreign owners.
Net value added can be obtained by deducting consumption of fixed capital from gross value added.
Net domestic product
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.

Net value added
The value of all goods and services produced (production value or output), minus those that have been intermediately used upon production (intermediate consumption). Value added is rated at basic prices: purchaser's prices minus trade and transport margins and taxes on products paid and plus subsidies on products received. Intermediate consumption is rated at purchaser's prices minus non-deductible VAT.
Included is the output by all kind-of-activity units residing in the Netherlands, also those that are held by foreign owners.
Net value added can be obtained by deducting consumption of fixed capital from gross value added.
Gross 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 labor.

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 labor.

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 these statistical discrepancies at the moment.