Income accounts of the sector households, region; national accounts

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Description topics

Transactions in million euros

Amounts in million euros.

Primary distribution of income account

The allocation of primary income account describes the distribution of value added over all participants (i.e. the suppliers of the production factors labour and capital) in the production process. It is shown how wages and salaries of employees end up at those households to which they belong. This provides a statistical description on how the labour market (where individual employees are active) is related to different households groups. This information opens the door to further research on the dependence of the different household groups on demand and compensation of the different kinds of labour.

Resources

Resources are transactions which add to the economic value of sectors.

Mixed income (net)

Net mixed income is the operating surplus (excluding consumption of fixed capital) that remains after deducting from the value added at basic prices the compensation of employees and the balance of other taxes and subsidies on production. The operating surplus of family enterprises is called mixed income, because it also contains compensation for work by the owners and their family members. Operating surplus also consists, in the case of households, of the operating surplus from housing services produced for own consumption by owner-occupiers.

Total compensation of employees

Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.

Total property income

Interest + Dividends + Withdrawals from income of quasi-corporations + Reinvested earnings on foreign direct investments + Income from land and subsoil assets.

Secondary distribution of income account

The distribution of secondary income account shows the redistribution of income. The consequence of government policy on disposable income of household groups is shown here. The balancing item is disposable income by household group.

Resources

Resources are transactions which add to the economic value of sectors.

Primary income (net)

This is the balancing item of the allocation of the primary income account

Total social benefits

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.
Social benefits are classified in social security benefits, social assistance benefits, private social benefits (o.w. pension benefits) and unfunded employee social benefits.

Total other current transfers

Total other current transfers (resources) consist of Imputed social contributions, Non-life insurance claims and Other current transfers n.e.c.
Imputed social contributions (self-employed)
Imputed social contributions represent the counterpart to the 'unfunded employee social benefits' (less any employees' social contributions) paid directly by employers (self-employed) to their (former) employees.
Non-life insurance claims
Non-life insurance claims represent the amounts which insurance enterprises are obliged to pay in settlement of injuries or damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc.
Other current transfers n.e.c.
This transaction includes all transactions not mentioned before, that are not capital transfer. This concerns particularly the current transfers within the general government.

Transactions per capita

The compilations of the per capita data is based on the total value per household type divided by the number of persons of that household type per region.

Primary distribution of income account

The allocation of primary income account describes the distribution of value added over all participants (i.e. the suppliers of the production factors labour and capital) in the production process. It is shown how wages and salaries of employees end up at those households to which they belong. This provides a statistical description on how the labour market (where individual employees are active) is related to different households groups. This information opens the door to further research on the dependence of the different household groups on demand and compensation of the different kinds of labour.

Resources

Resources are transactions which add to the economic value of sectors.

Mixed income (net)

Net mixed income is the operating surplus (excluding consumption of fixed capital) that remains after deducting from the value added at basic prices the compensation of employees and the balance of other taxes and subsidies on production. The operating surplus of family enterprises is called mixed income, because it also contains compensation for work by the owners and their family members. Operating surplus also consists, in the case of households, of the operating surplus from housing services produced for own consumption by owner-occupiers.

Total compensation of employees

Compensation of employees is the total remuneration paid by employers to their employees in return for work done. Employees are all residents and non-residents working in a paid job. Managing directors of limited companies are considered to be employees; therefore their salaries are also included in the compensation of employees. The same holds for people working in sheltered workshops.

Total property income

Interest + Dividends + Withdrawals from income of quasi-corporations + Reinvested earnings on foreign direct investments + Income from land and subsoil assets.

Secondary distribution of income account

The distribution of secondary income account shows the redistribution of income. The consequence of government policy on disposable income of household groups is shown here. The balancing item is disposable income by household group.

Resources

Resources are transactions which add to the economic value of sectors.

Primary income (net)

This is the balancing item of the allocation of the primary income account.

Total social benefits

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.
Social benefits are classified in social security benefits, social assistance benefits, private social benefits (o.w. pension benefits) and unfunded employee social benefits.

Total other current transfers

Total other current transfers (resources) consist of Imputed social contributions, Non-life insurance claims and Other current transfers n.e.c.
Imputed social contributions (self-employed)
Imputed social contributions represent the counterpart to the 'unfunded employee social benefits' (less any employees' social contributions) paid directly by employers (self-employed) to their (former) employees.
Non-life insurance claims
Non-life insurance claims represent the amounts which insurance enterprises are obliged to pay in settlement of injuries or damage as a result of fires, floods, crashes, collisions, sinkings, theft, violence, accidents, sickness, etc.
Other current transfers n.e.c.
This transaction includes all transactions not mentioned before, that are not capital transfer. This concerns particularly the current transfers within the general government.