Sector accounts; seasonally adjusted data, National Accounts

Sector accounts; seasonally adjusted data, 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 of goods and services (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 of goods and services (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)
Original, unadjusted data 2018 1st quarter* 188,086 80,874 192,725 190,461 62,225 23,120 108,450 45,539 20,823 63,040 45,226 6,160 89,364 79,596 9,768 83,944 12,443 31,620 6,370 4,534 83,060 11,075 2,108 18,399 43,268 6,454 0 22,228 86,376 7,850 137,958 68,960 5,439 -50 326 158,836 73,599 3,175 0 238
Original, unadjusted data 2018 2nd quarter* 196,773 73,834 194,138 193,220 59,214 15,532 114,290 39,164 21,450 75,455 48,001 6,358 85,295 84,844 451 99,874 16,955 35,038 6,618 6,995 86,054 12,506 2,145 14,734 49,493 6,478 0 22,393 108,028 28,969 143,098 80,854 5,192 -49 329 162,254 78,219 4,274 0 306
Original, unadjusted data 2018 3rd quarter* 190,226 84,289 192,524 191,457 58,828 20,889 111,219 48,174 16,948 63,356 45,703 6,652 79,149 78,153 996 84,113 14,049 31,560 6,530 5,740 86,973 11,191 2,154 16,194 43,824 6,319 0 23,134 90,895 9,662 145,172 75,549 4,556 -47 173 164,685 77,847 3,489 0 273
Original, unadjusted data 2018 4th quarter* 198,902 81,887 203,420 200,911 65,811 23,814 113,726 45,390 20,295 68,800 49,681 7,289 84,168 84,772 -604 93,546 14,591 31,642 6,418 4,994 85,473 12,198 2,194 18,792 45,768 6,209 0 24,090 97,324 16,845 147,604 69,659 6,169 -54 482 169,664 74,177 3,660 0 249
Original, unadjusted data 2019 1st quarter* 196,565 83,388 200,803 198,017 64,378 22,283 113,387 46,825 21,321 66,795 47,805 6,697 94,686 83,999 10,687 88,073 12,982 32,236 6,536 5,388 85,891 12,552 2,073 20,961 43,611 6,343 0 23,779 90,618 10,115 142,208 71,354 6,451 -57 436 163,250 75,592 3,665 0 199
Original, unadjusted data 2019 2nd quarter* 206,487 76,592 200,749 199,648 59,702 13,520 119,659 40,419 22,407 79,634 50,684 6,855 88,635 87,939 696 104,470 17,635 36,029 6,621 8,122 89,316 13,881 1,916 14,958 52,536 6,321 0 23,806 112,830 31,636 149,159 83,462 5,547 -54 336 169,529 77,724 4,446 0 276
Original, unadjusted data 2019 3rd quarter* 199,281 87,844 202,066 200,670 62,197 21,498 116,452 50,452 18,860 66,334 48,161 6,785 81,742 82,188 -446 87,470 14,747 32,272 6,545 6,914 90,371 12,259 1,490 16,906 46,140 6,280 0 23,950 94,168 10,711 148,090 75,207 5,409 -59 263 167,921 77,992 4,013 0 284
Original, unadjusted data 2019 4th quarter* 207,914 84,188 209,799 207,777 66,763 23,087 118,678 46,744 22,904 72,402 51,912 6,954 89,288 86,298 2,990 98,012 15,587 32,840 6,277 6,731 89,164 12,841 1,552 22,365 47,358 6,050 0 24,972 100,363 17,930 151,194 70,107 6,232 -62 322 174,453 71,992 4,210 0 256
Original, unadjusted data 2020 1st quarter* 200,967 84,310 202,580 196,765 61,433 17,865 115,454 47,075 22,879 69,605 48,993 6,984 95,840 86,581 9,259 92,529 12,514 34,244 6,575 5,353 86,404 13,547 1,521 24,868 42,989 6,533 0 24,580 94,531 13,480 142,631 68,804 9,905 -65 433 164,883 70,417 4,090 0 213
Original, unadjusted data 2020 2nd quarter* 191,318 77,948 188,072 185,822 56,332 12,570 108,244 41,653 18,874 80,428 50,241 7,031 82,452 106,335 -23,883 106,700 15,273 37,969 6,820 6,986 79,302 13,951 1,477 12,665 54,984 6,510 0 24,066 115,192 42,876 126,413 66,314 5,942 -53 267 144,480 63,068 3,692 0 245
Seasonally and working day adjusted data 2018 1st quarter* 190,983 79,566 192,441 191,300 60,151 19,064 110,187 44,122 20,548 66,341 46,536 6,358 83,839 80,057 3,782 88,759 14,133 32,275 6,342 5,305 84,546 11,129 2,108 17,302 45,402 6,337 0 22,462 93,728 14,932 141,008 70,719 4,955 -48 326 160,545 73,487 3,506 0 238
Seasonally and working day adjusted data 2018 2nd quarter* 192,238 80,157 193,964 192,529 60,945 20,559 111,480 44,493 20,300 67,173 46,604 6,458 84,308 81,328 2,980 89,531 14,640 32,260 6,534 5,575 85,139 11,815 2,145 12,890 48,458 6,375 0 22,926 94,990 15,579 141,585 77,085 5,375 -52 329 161,750 77,254 3,546 0 306
Seasonally and working day adjusted data 2018 3rd quarter* 194,539 80,321 196,886 195,120 62,265 22,479 112,588 44,640 19,374 68,331 47,430 6,638 85,650 81,653 3,997 91,333 14,633 32,597 6,541 5,723 85,725 11,680 2,154 17,776 44,968 6,341 0 23,029 96,413 16,101 146,158 75,458 5,280 -50 173 167,277 77,798 3,763 0 273
Seasonally and working day adjusted data 2018 4th quarter* 196,588 81,203 199,478 197,070 62,724 21,409 113,637 45,043 19,284 68,895 48,132 6,963 84,660 84,251 409 91,912 14,561 32,723 6,519 5,669 86,200 12,354 2,194 21,011 43,895 6,400 0 23,442 97,481 16,489 145,213 71,890 5,722 -51 482 165,978 75,222 3,798 0 249
Seasonally and working day adjusted data 2019 1st quarter* 199,541 82,178 200,683 198,990 62,240 18,618 115,255 45,404 21,014 70,229 48,967 6,939 88,289 84,454 3,835 92,994 14,836 32,922 6,513 6,156 87,375 12,615 2,073 19,904 45,776 6,233 0 23,991 98,314 17,711 145,770 72,608 5,765 -55 436 165,695 75,574 4,009 0 199
Seasonally and working day adjusted data 2019 2nd quarter* 201,403 82,684 200,132 198,842 61,608 17,862 116,519 45,802 21,149 70,862 49,315 6,939 87,805 84,521 3,284 93,801 15,151 33,197 6,533 6,691 88,322 13,147 1,916 13,193 50,741 6,225 0 24,335 99,211 17,934 147,264 80,292 5,851 -57 336 168,515 76,847 3,745 0 276
Seasonally and working day adjusted data 2019 3rd quarter* 203,544 83,352 206,991 204,328 65,410 22,824 117,626 46,727 21,568 71,605 49,945 6,779 88,428 85,728 2,700 95,009 15,354 33,355 6,551 6,903 89,078 12,777 1,490 18,373 47,443 6,293 0 23,868 99,886 17,140 148,514 75,083 6,367 -61 263 169,821 77,812 4,299 0 284
Seasonally and working day adjusted data 2019 4th quarter* 205,695 83,726 205,577 203,878 63,859 20,935 118,723 46,493 21,784 72,551 50,395 6,658 90,060 85,720 4,340 96,225 15,559 33,894 6,378 7,412 90,007 12,996 1,552 24,847 45,919 6,236 0 24,313 100,593 17,357 148,769 72,108 5,803 -59 322 170,648 72,987 4,361 0 256
Seasonally and working day adjusted data 2020 1st quarter* 203,508 82,564 202,890 198,202 59,385 13,535 117,072 45,705 22,601 73,133 50,080 7,219 88,910 87,031 1,879 97,601 14,542 34,968 6,557 6,100 87,901 13,621 1,521 24,127 45,006 6,429 0 24,785 102,443 21,612 145,766 69,600 9,322 -64 433 166,868 70,486 4,457 0 213
Seasonally and working day adjusted data 2020 2nd quarter* 186,739 84,861 186,709 184,353 58,050 18,020 105,460 47,070 17,524 71,177 48,858 7,090 81,696 102,956 -21,260 95,620 12,613 35,082 6,731 5,579 78,236 13,184 1,477 9,527 52,948 6,421 0 24,607 101,102 28,906 125,534 63,961 6,031 -56 267 144,698 62,265 2,879 0 245
Source: CBS.
Explanation of symbols

Table description


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 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?
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

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 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.
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 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.
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.