Current transactions by sectors; National Accounts

Current transactions by sectors; National Accounts

Institutional sectors Not Consolidated/Consolidated Periods Resources Compensation of employees Employers' social contributions (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)
Social security funds Not consolidated 2021 2nd quarter* 37,366 37,366 12,990 14 24,362
Social security funds Consolidated 2021 2nd quarter* 37,366 37,366 12,990 14 24,362
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 September 23rd, 2021:
Data on the second quarter of 2021 have been added.

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.
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.
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.
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.