Sector accounts; seasonally and working day adjusted, National Accounts

Sector accounts; seasonally and working day adjusted, National Accounts

Seasonal and working day adjustment Periods Total domestic sectors Gross domestic product (million euros) Total domestic sectors Gross operating surplus (million euros) Total domestic sectors Gross national income (million euros) Total domestic sectors Gross disposable income (million euros) Total domestic sectors Gross saving (million euros) Total domestic sectors Net lending (+) or net borrowing (-) (million euros) Non-financial corporations Value added (million euros) Non-financial corporations Gross operating surplus (million euros) Non-financial corporations Gross fixed capital formation (million euros) Non-financial corporations Compensation of employees (million euros) General government Final consumption expenditure (million euros) General government Gross fixed capital formation (million euros) General government Total revenue (million euros) General government Total expenditure (million euros) General government Balance general government sector (EMU) (million euros) Households including NPISHs Resources Compensation of employees (million euros) Households including NPISHs Resources Property income (million euros) Households including NPISHs Resources Social benefits in cash (million euros) Households including NPISHs Resources Other current transfers (million euros) Households including NPISHs Resources Adjustm. change in pension entitlements (million euros) Households including NPISHs Uses Final consumption expenditure (million euros) Households including NPISHs Uses Gross fixed capital formation (million euros) Households including NPISHs Uses Property income (million euros) Households including NPISHs Uses Current taxes on income and wealth (million euros) Households including NPISHs Uses Net social contributions (million euros) Households including NPISHs Uses Other current transfers (million euros) Households including NPISHs Uses Adjustm. change in pension entitlements (million euros) Households including NPISHs Gross operating surplus (million euros) Households including NPISHs Gross disposable income (million euros) Households including NPISHs Gross saving (million euros) Rest of the world Resources Imports from the rest of the world (million euros) Rest of the world Resources Received primary income (million euros) Rest of the world Resources Received current transfers (million euros) Rest of the world Resources Adjustm. change in pension entitlements (million euros) Rest of the world Resources Received capital transfers (million euros) Rest of the world Uses Exports to the rest of the world (million euros) Rest of the world Uses Paid primary income (million euros) Rest of the world Uses Paid current transfers (million euros) Rest of the world Uses Adjustm. change in pension entitlements (million euros) Rest of the world Uses Paid capital transfers (million euros)
Seasonally and working day adjusted data 2021 1st quarter* 208,154 88,920 211,418 210,212 72,023 25,585 118,472 49,755 21,990 74,383 53,956 7,503 92,885 100,493 -7,608 99,356 14,306 36,392 6,927 6,023 82,837 14,528 1,258 18,914 48,728 6,597 0 26,392 108,612 30,532 148,252 57,307 6,481 -65 267 172,131 61,465 4,577 0 254
Seasonally and working day adjusted data 2021 2nd quarter* 215,423 92,283 223,841 221,371 77,197 32,054 123,879 52,154 21,877 76,059 55,647 7,506 92,567 99,795 -7,227 101,274 14,447 36,950 7,005 6,118 89,335 14,746 1,399 17,160 51,354 6,545 0 27,814 111,137 27,502 152,479 58,741 6,271 -67 272 178,150 67,133 3,696 0 307
Seasonally and working day adjusted data 2021 3rd quarter* 221,736 94,650 223,246 221,389 72,794 24,369 128,100 54,120 22,185 77,408 56,579 7,334 96,284 99,095 -2,812 102,998 14,817 37,300 6,742 6,525 93,431 15,249 1,391 22,849 48,199 6,536 0 28,669 112,251 25,843 163,448 59,592 6,321 -63 265 188,137 62,433 4,890 0 226
Seasonally and working day adjusted data 2021 4th quarter* 224,766 97,854 226,284 225,097 71,343 24,056 131,814 57,673 23,064 78,900 57,799 7,539 99,339 101,150 -1,811 104,920 15,246 37,159 6,807 6,407 95,372 15,460 1,542 21,560 48,992 6,529 0 28,828 113,471 25,675 169,032 71,409 5,742 -69 331 191,999 70,162 5,006 0 357
Seasonally and working day adjusted data 2022 1st quarter* 231,556 98,345 231,742 230,987 74,691 25,115 134,704 56,358 22,948 80,508 58,546 7,548 99,515 99,867 -352 107,029 14,899 37,822 6,904 7,186 96,321 15,995 1,664 20,616 52,446 6,347 0 29,613 115,862 25,544 183,375 76,006 5,482 -49 468 209,881 75,747 3,959 0 221
Seasonally and working day adjusted data 2022 2nd quarter* 236,574 102,750 232,699 231,508 72,815 115,140 138,040 59,597 24,741 81,657 59,213 7,464 103,143 100,854 2,289 108,333 15,773 38,714 6,676 6,000 100,245 16,528 2,858 20,785 51,662 6,380 0 31,429 119,145 24,804 200,607 75,258 5,836 -69 410 225,736 72,964 4,504 0 253
Seasonally and working day adjusted data 2022 3rd quarter* 242,406 106,260 241,933 240,321 77,426 28,182 141,741 61,334 24,660 83,453 60,451 7,585 104,190 107,112 -2,922 111,219 16,268 39,436 6,943 5,542 104,019 16,683 3,709 19,988 52,701 6,406 0 32,593 123,759 25,176 204,459 74,964 6,030 -73 227 229,977 75,819 4,675 0 271
Seasonally and working day adjusted data 2022 4th quarter* 248,356 108,248 243,691 241,297 67,786 26,625 143,833 60,527 25,253 84,947 62,063 7,648 108,717 108,700 17 113,329 17,425 39,779 10,198 5,514 110,575 17,123 5,834 21,609 52,856 6,519 0 34,528 127,673 23,674 206,487 92,434 6,708 -76 704 232,760 85,637 4,902 0 302
Seasonally and working day adjusted data 2023 1st quarter* 253,651 110,971 251,976 251,316 75,226 24,738 147,634 61,569 26,588 86,782 63,254 7,808 107,255 110,043 -2,788 115,421 20,737 42,139 7,069 5,765 111,585 17,581 6,337 23,211 53,497 6,532 0 36,096 132,401 25,206 200,879 83,643 5,811 -72 607 228,720 80,712 4,446 0 237
Seasonally and working day adjusted data 2023 2nd quarter* 257,381 112,090 257,127 255,565 80,788 26,129 148,055 61,429 26,877 88,061 64,579 8,008 112,130 112,442 -313 117,126 21,353 42,525 7,629 5,351 111,161 17,427 6,842 24,725 54,071 6,518 0 36,108 132,609 27,637 193,141 97,234 6,263 -92 1,157 222,300 99,536 4,601 0 281
Seasonally and working day adjusted data 2023 3rd quarter* 260,191 112,540 260,171 258,745 82,013 29,667 149,093 61,348 26,004 89,439 66,503 8,180 112,796 113,114 -318 119,351 22,565 43,651 7,196 5,095 112,034 17,378 7,695 26,772 53,969 6,667 0 36,676 135,060 27,435 184,879 100,847 6,040 -91 561 215,201 102,781 4,741 0 217
Seasonally and working day adjusted data 2023 4th quarter* 263,844 113,968 259,288 257,897 74,303 21,700 151,368 61,805 24,718 91,007 67,078 8,070 113,568 113,690 -123 121,661 23,293 45,508 7,355 5,471 115,211 17,697 7,421 26,816 56,579 6,530 0 37,450 136,693 27,788 186,390 94,441 5,834 -92 1,259 214,508 87,690 5,035 0 304
Source: CBS.
Explanation of symbols

Dataset is not available.


This table provides an overview of some non-financial transactions and balancing items of the institutional sectors of the Dutch economy. The data is presented both seasonally and working day adjusted and unadjusted. Adjustments for seasonal effects and working day effects assist in the drawing of conclusions on quarter-to-quarter developments and help to reveal trends. The non-seasonally adjusted data are identical to (sums of) the non-consolidated data from the table 'current transactions by sector'. For total government revenue and expenditure the data are identical to sums of consolidated data.

Data available from first quarter 1999.

Status of the figures:
The figures from 1995 up to and including 2020 are final. Data of 2021, 2022 and 2023 are provisional.

Changes as of March 25th, 2024:
Data on the fourth quarter of 2023 are available.

When will new figures be published?
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. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures.

Description topics

Total domestic sectors
The domestic sectors consist of non-financial corporations, financial corporations, general government, households and non-profit institutions (NPI) serving households. The breakdown into institutional sectors is based on international rules.
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).

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

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 labour.

In the system of national accounts gross means that consumption of fixed capital (depreciation) has not been subtracted. When it has, net is used. Depreciation must be paid for from the gross operating surplus.
Gross national income
Total primary income received by resident institutional units: compensation of employees, operating surplus / mixed income (gross), net property income and net taxes on production and imports less subsidies. Incomes flowing from one domestic sector to another have no effect on net national income. Gross national income (at market prices) equals GDP minus primary income paid by resident institutional units to non-resident institutional units plus primary income received by resident institutional units from the rest of the world. The division of payments by member states to the European Union is largely based upon differences in gross national income.

National income is not a production concept but an income concept, which is more significant if expressed in net terms, i.e. after deduction of consumption of fixed capital.
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).
Gross saving
The portion of national disposable income that has not been used for final consumption expenditure.
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.
Non-financial corporations
The non-financial corporations sector consists of institutional units which are independent legal entities and market producers, and whose principal activity is the production of goods and non-financial services.
Non-financial corporations include:
- all corporations, quasi-corporations and co-operative organisations which do not belong to the financial corporations.
- all non-profit institutions which do not pertain to the other sectors. Examples are old people's homes, hospitals and housing corporations.
- public enterprises, which are fully or partly owned by the government, like Dutch Rail-ways (NS).
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.
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 labour.

In the system of national accounts gross means that consumption of fixed capital (depreciation) has not been subtracted. When it has, net is used. Depreciation must be paid for from the gross operating surplus.
Gross 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 licences.
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.
General government
The general government sector primarily consists of all entities that exercise national executive, legislative and judiciary powers on a national or regional level. By this they have powers to raise taxes and other compulsory levies and to pass laws affecting the behaviour of economic units. In the Netherlands this concerns the State, municipalities, provinces, public water boards and the like. In the second place general government consists of entities that are controlled and mainly financed by the aforementioned entities, and do not produce for the market. Such entities are often established to carry out specific functions, such as road construction or the non-market production of health, education or research services. In this way, for instance, Prorail and the Open University are counted to the general government.
Government institutions that are active abroad, like embassies, belong to the general government sector as well. On the other hand foreign embassies and international institutions, like Europol and the International Court of Justice, do not belong to the Dutch government.

The Dutch Central Bank (DNB), the Dutch railways (NS), hospitals and power companies are not part of the general government sector. But also some independent governing bodies like the land registry (Kadaster). To some extent they are controlled by the government. However, their goods and services are largely financed through tariffs, and thus it is a case of market production.

The general government sector is split up into three subsectors: central government, local government and social security funds.

The principal economic functions of government are as follows:
- to provide goods and services to the community, either for collective consumption such as public administration, defence, and law enforcement, or individual consumption such as education, health, recreation and cultural services, and to finance their provision out of taxation or other incomes;
- to redistribute income and wealth by means of transfer payments such as taxes and social benefits;
- to engage in other types of non-market production.
Final consumption expenditure
Expenditure on goods or services that are used for the direct satisfaction of individual or collective needs. Expenses may be made at home or abroad, but they are always made by resident institutional units, that is households or institutions residing in the Netherlands. By definition only households, non-profit institutions serving households (NPISHs) and government institutions consume. Enterprises do not: expenses they make on goods and services are thought to serve production and are therefore classified as intermediate consumption of fixed capital formation. The general government is a special case. The government also has intermediate consumption, just like enterprises. But the output delivered by the government which is not directly paid for, non-market output (like safety), is classified as consumption by the general government. It is said that the government 'consumes its own production'. The system of national accounts demands that all that is produced is also consumed (or serves as an investment). By convention, government output is consumed by the government itself. This is not the only consumption by the general government. It also contains social transfers in kind. In the Netherlands this mainly concerns health care bills paid for by the government and an allowance for the rent.
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 licences.
Total revenue
The total revenue of general government is the sum of taxes, net social contributions, sales (defined as market output, output for own final use and payments for non-market production), other current revenues and capital transfer revenues.
Total expenditure
Total expenditure of the General Government includes the remuneration of employees, intermediate consumption, fixed capital formation, legal social insurance, social benefits, subsidies, benefits legal provision income property, other expenditure n.e.c. (taxes on production and not related to products, benefits directly by employers, other current transfers, capital transfers, balance buying and selling of non-produced non-financial assets).
Balance general government sector (EMU)
Balance between revenue and expenditure of the general government sector, presented as percentage of GDP. In the national accounts this equals net lending/net borrowing of the general government sector.
The balance of the general government sector (or EMU-balance) is an element of the Stability and Growth Pact. A positive figure indicates a surplus; a negative figure indicates a deficit.
Households including NPISHs
Households including non-profit institutions serving households (NPISH)
The households sector consists of individuals or groups of individuals as consumers and as entrepreneurs producing market goods and non-financial and financial services (market producers) provided that the production of goods and services is not by separate entities treated as quasi-corporations. It also includes individuals or groups of individuals as producers of goods and non-financial services for exclusively own final use.
The sector households includes all natural persons who are resident for more than one year in the Netherlands, irrespective of their nationality. On the other hand Dutch citizens who stay abroad for longer than one year do not belong to the Dutch sector households.
The sector households does not only cover independently living persons, but also persons in nursing homes, old people's homes, prisons, boarding schools, etc. If persons are entrepreneurs, their business also belongs to the sector households. This is the case for self-employed persons (one-man business). Large autonomous unincorporated enterprises (quasi-corporations) are included in the sector non-financial or financial corporations.

The non-profit institutions serving households (NPISHs) sector consists of non-profit institutions which are separate legal entities, which serve households and which are private non-market producers. Their principal resources are voluntary contributions in cash or in kind from households in their capacity as consumers, from payments made by general government and from property income.
Examples are religious organisations, charity organisations, political parties, trade unions and cultural, sports and recreational organisations.
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.
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.
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.
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.
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.
Uses
Uses are transactions appear which deduces the economic value of sectors.
Final consumption expenditure
Expenditure on goods or services that are used for the direct satisfaction of individual or collective needs. Expenses may be made at home or abroad, but they are always made by resident institutional units, that is households or institutions residing in the Netherlands. By definition only households, non-profit institutions serving households (NPISHs) and government institutions consume. Enterprises do not: expenses they make on goods and services are thought to serve production and are therefore classified as intermediate consumption of fixed capital formation. The general government is a special case. The government also has intermediate consumption, just like enterprises. But the output delivered by the government which is not directly paid for, non-market output (like safety), is classified as consumption by the general government. It is said that the government 'consumes its own production'. The system of national accounts demands that all that is produced is also consumed (or serves as an investment). By convention, government output is consumed by the government itself. This is not the only consumption by the general government. It also contains social transfers in kind. In the Netherlands this mainly concerns health care bills paid for by the government and an allowance for the rent.
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 licences.
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.
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.
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.
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.
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.
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 labour.

In the system of national accounts gross means that consumption of fixed capital (depreciation) has not been subtracted. When it has, net is used. Depreciation must be paid for from the gross operating surplus.
Gross 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).
Gross saving
The portion of national disposable income that has not been used for final consumption expenditure.
Rest of the world
The rest of the world sector is a grouping of units without any characteristic functions and resources; it consists of non-resident units insofar as they are engaged in transactions with resident institutional units, or have other economic links with resident units. Its accounts provide an overall view of the economic relationships linking the national economy with the rest of the world. The institutions of the EU and international organisations are included.
The rest of the world is not a sector for which complete sets of accounts have to be kept, but it is convenient to treat the rest of the world as a sector. Sectors are obtained by disaggregating the total economy to obtain more homogeneous groups of resident institutional units, which are similar in respect to their economic behaviour, objectives and functions. This is not the case for the rest of the world sector: for this sector, there are recorded the transactions and other flows of non-financial and financial corporations, non-profit institutions, households and general government with non-resident institutional units and other economic relationships between residents and non-residents, e.g. claims by residents on non-residents.
Resources
Resources are transactions add to the economic value of sectors.
Imports from the rest of the world
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.
Received primary income
Compensation of employees, property income and (EU) taxes on production and imports received by the rest of the world from the Netherlands.
Received current transfers
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers received by rest of the world from the Netherlands.
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.
Received capital transfers
Capital transfers received by the rest of the world from the Netherlands.

Uses
Uses are transactions appear which deduces the economic value of sectors.
Exports to the rest of the world
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.
Paid primary income
Compensation of employees, property income and (EU) subsidies paid from the rest of the world to the Netherlands.
Paid current transfers
Current taxes on income and wealth, social contributions, social benefits in cash and other current transfers paid from rest of the world to the Netherlands.
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.
Paid capital transfers
Capital transfers paid from the rest of the world to the Netherlands.