Current transactions by sectors; National Accounts

Current transactions by sectors; National Accounts

Institutional sectors Not Consolidated/Consolidated Periods Resources Output Output produced for own final use Products retained for own consumption (million euros) Uses Intermediate consumption (-) (million euros) Uses Final consumption expenditure Total (million euros) Uses Final consumption expenditure Actual collective final consumption (million euros) Uses Final consumption expenditure Actual individual final consumption Total (million euros) Uses Final consumption expenditure Actual individual final consumption Other individual final consumption (million euros) Uses Gross capital formation Gross fixed capital formation Consumption of fixed capital (million euros)
Total domestic sectors Not consolidated 2020 2nd quarter* 12,551 188,328 129,543 17,031 112,512 77,783 34,667
Total domestic sectors Consolidated 2020 2nd quarter* 12,551 188,328 129,543 17,031 112,512 77,783 34,667
The non-financial corporations sector Not consolidated 2020 2nd quarter* 141,398 19,040
The non-financial corporations sector Consolidated 2020 2nd quarter* 141,398 19,040
Financial corporations Not consolidated 2020 2nd quarter* 9,603 1,243
Financial corporations Consolidated 2020 2nd quarter* 9,603 1,243
Monetary financial institutions Not consolidated 2020 2nd quarter* 1,698 537
Monetary financial institutions Consolidated 2020 2nd quarter* 1,698 537
Central bank Not consolidated 2020 2nd quarter* 33 7
Central bank Consolidated 2020 2nd quarter* 33 7
Deposit-taking corporations and MMFs Not consolidated 2020 2nd quarter* 1,665 530
Deposit-taking corporations and MMFs Consolidated 2020 2nd quarter* 1,665 530
Other financial institutions Not consolidated 2020 2nd quarter* 4,052 359
Other financial institutions Consolidated 2020 2nd quarter* 4,052 359
Non-MMF investment funds Not consolidated 2020 2nd quarter* 1,288 96
Non-MMF investment funds Consolidated 2020 2nd quarter* 1,288 96
Other fin. inst. excl. investment funds Not consolidated 2020 2nd quarter* 2,764 263
Other fin. inst. excl. investment funds Consolidated 2020 2nd quarter* 2,764 263
Other financial intermediaries Not consolidated 2020 2nd quarter* 1,454 263
Other financial intermediaries Consolidated 2020 2nd quarter* 1,454 263
Captive institutions and money lenders Not consolidated 2020 2nd quarter* 1,310 0
Captive institutions and money lenders Consolidated 2020 2nd quarter* 1,310 0
Insurance corporations and pension funds Not consolidated 2020 2nd quarter* 3,853 347
Insurance corporations and pension funds Consolidated 2020 2nd quarter* 3,853 347
Insurance corporations Not consolidated 2020 2nd quarter* 2,205 284
Insurance corporations Consolidated 2020 2nd quarter* 2,205 284
Pension funds Not consolidated 2020 2nd quarter* 1,648 63
Pension funds Consolidated 2020 2nd quarter* 1,648 63
General government Not consolidated 2020 2nd quarter* 12,213 50,241 17,031 33,210 6,293
General government Consolidated 2020 2nd quarter* 12,213 50,241 17,031 33,210 6,293
Central government Not consolidated 2020 2nd quarter* 4,603 13,353 10,330 3,023 2,968
Central government Consolidated 2020 2nd quarter* 4,603 13,353 10,330 3,023 2,968
Local government Not consolidated 2020 2nd quarter* 7,116 21,744 6,701 15,043 3,300
Local government Consolidated 2020 2nd quarter* 7,116 21,744 6,701 15,043 3,300
Social security funds Not consolidated 2020 2nd quarter* 494 15,144 0 15,144 25
Social security funds Consolidated 2020 2nd quarter* 494 15,144 0 15,144 25
Households including NPISHs Not consolidated 2020 2nd quarter* 12,551 25,114 79,302 79,302 77,783 8,091
Households including NPISHs Consolidated 2020 2nd quarter* 12,551 25,114 79,302 79,302 77,783 8,091
Households Not consolidated 2020 2nd quarter* 12,551 24,144 77,783 77,783 77,783 8,051
Households Consolidated 2020 2nd quarter* 12,551 24,144 77,783 77,783 77,783 8,051
Non-profit institutions serv. households Not consolidated 2020 2nd quarter* 970 1,519 1,519 40
Non-profit institutions serv. households Consolidated 2020 2nd quarter* 970 1,519 1,519 40
Rest of the world Not consolidated 2020 2nd quarter*
Rest of the world Consolidated 2020 2nd quarter*
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 2017 are final. Data of 2018, 2019 and 2020 are provisional.

Changes as of September 23rd, 2020:
Data on the second quarter of 2020 have been added to this table.

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.
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.
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.
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.
Uses
Uses are transactions appear which deduces the economic value of sectors.
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.
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
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.
Gross capital formation
Capital formation consists of capital formation in fixed assets and changes in inventories including valuables.
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.
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.