Regional key figures; National Accounts

Table explanation

Description topics

GDP (market prices)

Gross domestic product (GDP), value added at market prices of the total economy is calculated as follows:
total value added at basic prices of industries plus: balance of taxes and subsidies on products plus: difference imputed and paid VAT.
VAT, taxes on imports and subsidies on re-exports cannot be attributed to individual industries. Therefore, GDP at market prices cannot be broken down completely by industry.
Value added can be valued gross (including consumption of fixed capital) or net (excluding consumption of fixed capital).

GDP per capita

Gross domestic product (GDP), value added at market prices of the total economy, per capita.

GDP, volume changes

Volume changes of gross domestic product (market prices).

Gross value added, volume changes

Volume changes of gross value added (basic prices).

Value added (at basic prices)

Value added at basic prices of total enterprises equals the difference between the production (basic prices) and intermediate consumption (purchasers' prices).
The value of all goods and services produced ('production value' or 'output'), minus those that have been intermediately used upon production. Value added is rated at basic prices, the prices experienced by the producer: per branch product related taxes have been subtracted from the original prices, and subsidies haven been added to them.
Value added at market prices of the total economy (GDP) is calculated as follows:
total value added at basic prices of industries plus: balance of taxes and subsidies on products plus: difference imputed and paid VAT= GDP (market prices)
VAT, taxes on imports and subsidies on re-exports cannot be attributed to individual industries. Therefore, GDP at market prices cannot be broken down completely by industry.
Value added can be valued gross (including consumption of fixed capital) or net (excluding consumption of fixed capital).

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. Compensation of employees is distinguished between wages and salaries and employers' social contributions.
Wages and salaries include income taxes and employees' social contributions even if they are actually withheld by the employer and paid directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to employees. Besides they contain extra's (such as bonuses, overtime pay, tips, commission), wages in kind (such as free housing, free food, 'company car', day nursery, lower interest rates on mortgages, free travel (or at reduced prices) and holiday allowances. Furthermore, certain refunds for costs made by the employee, such as travel expenses to and from work, are included as well.
Employers' social contributions consist of payments to insurers made by employers for the benefit of their employees. They can be classified in employers' social security contributions, employers' private social contributions (o.w. pension schemes) and the imputed social contributions. In most cases the employers directly pay the employers' social contributions to the insurers. However, to show that these contributions are paid for the benefit of employees, these payments are recorded as two transactions: a) employers pay employers' social contributions to their employees, and
b) employees pay the same contributions to social insurance funds.

Full-time equivalent (fte)

Labour input in full-time equivalents is calculated by expressing all jobs (be it full-time, part-time or flexible) to full-time equivalents. The full-time equivalent is obtained by dividing the annual contractual hours of the job by the annual contractual hours considered full-time (in the same company). Two half-time jobs add up to one full-time equivalent.

Full-time equivalent (fte) total

Full-time equivalent (fte) employee

The amount of paid labour carried out by employees in a certain period. Employees are persons who, by agreement, work for a resident institutional unit and receive a remuneration (in cash or in kind) recorded as compensation of employees.

Full-time equivalent (fte) self-employed

The amount of paid labour carried out by self-employed persons in a certain period. Self-employed persons are defined as persons who are the sole owners, or joint owners, of the unincorporated enterprises in which they work, including unpaid family workers. The latter are not counted as self-employed when there is an employment contract.

Employed persons

Employed persons are all persons who are working in one or several jobs as employees or as self-employed for a resident institutional unit (company, institution or household). Employed persons include all persons who have a paid job for at least one hour a week, including persons who:
- have a job of which the payment is withheld from registration of tax and/or social insurance authorities, while the work itself is legal
- are temporarily not working (due to illness, bad weather, etc.), but continue to receive their remuneration
- have taken a temporarily unpaid leave.
Employed persons may be employees or self-employed and may reside in the Netherlands or elsewhere.

Employed persons total