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Council Regulation (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community

Type Regulation
Publication 1996-06-25
Last updated 2013-07-01
State In force
Department Council of the European Union
Source EUR-Lex
articles 9
Reform history JSON API
8.138. In particular, comparing (1) labour incomes of all employed persons as shown in the SAM, (2) a decomposition of these incomes into hours worked and average wage rates per hour and (3) the potential supply of labour by Table 8.19 — Matrix presentation of the full sequence of accounts and balancing items for the total economy Account 0. Goods and services I.-IV. TOTAL ECONOMY V. REST OF THE WORLD Total I. Production II.1. Primary distribution of income II.2./3. Secondary (re)distribution of income (in kind) II.4. Use of (adjusted) disposable income III.1.1. Saving and capital transfers III.1.2. Acquisition of non-financial assets III.2. Financial III.3. Other changes in assets IV.1. Opening balance sheet IV.2. Changes in balance sheet IV.3. Closing balance sheet Net worth V.1. External goods and services V.2. External primary incomes and current transfers V.3.1.1. Saving and capital transfers V.3.1.2. Acquisition of non-financial assets V.3.2. Financial V.3.3. Other changes in assets V.4.1. Opening balance sheet V.4.2. Changes in balance sheet V.4.3. Closing balance sheet Net worth 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 0. Goods and services 1 Trade and transport margins Intermediate consumption Final consumption Gross capital formation Exports of goods and services 0 1 904 1 371 414 536 4 225 TOTAL ECONOMY I. Production 2 Output & Taxes less subsidies on products 3 728 3 728 II.1. Primary distribution of income 3 Net domestic product Property income Primary income from the rest of the world 1 602 341 72 2 015 II.2./3. Secondary (re)distribution of income (in kind) 4 National income, net Current transfers (1 315 ) Current transfers from the rest of the world 1 633 1 096 10 2 739 II.4. Use of (adjusted) disposable income 5 (Adjusted) disposable income, net Adjustment for the change in net equity of households on pension funds Adjustment for the change in net equity of households on pension funds from the rest of the world 1 604 11 0 1 615 III.1.1. Saving and capital transfers 6 Saving, net Capital transfers Capital transfers from the rest of the world 233 61 1 295 III.1.2. Acquisition of non-financial assets 7 Consumption of fixed capital Acquisitions less disposals of non-produced non-financial assets Changes in assets due to saving and capital transfers Acquisitions less disposals of non-produced non-financial assets 222 0 833 0 1 055 III.2. Financial 8 Net lending of the total economy Net acquisitions of financial assets (= net incurrence of liabilities) Net incurrence of external liabilities 38 553 50 641 III.3. Other changes in assets 9 Changes in assets due to other changes 379 379 IV.1. Opening balance sheet 10 Opening stock of assets 16 714 16 714 IV.2. Changes in balance sheet 11 Change in net worth due to saving and capital transfers Change in net worth due to other changes 230 305 535 IV.3. Closing balance sheet 12 Changes in liabilities due to saving and capital transfers Changes in liabilities due to other changes Opening stock of liabilities Closing net worth 603 74 6 298 10 951 17 926 Net worth 13 Opening net worth Change in net worth, total 10 416 535 10 951 REST OF THE WORLD V.1. External goods and services 14 Imports of goods and services 497 497 V.2. External primary incomes and current transfers 15 Primary income to the rest of the world Current transfers to the rest of the world Adjustment for the change in net equity of households on pension funds to the rest of the world External balance of goods and services 41 39 0 - 39 41 V.3.1.1. Saving and capital transfers 16 Capital transfers to the rest of the world Current external balance 4 41 - 37 V.3.1.2. Acquisition of non-financial assets 17 Changes in external assets due to current external balance and capital transfers 50 50 V.3.2. Financial 18 Net acquisition of external financial assets Net lending of the rest of the world 88 - 38 50 V.3.3. Other changes in assets 19 Changes in external assets due to other changes 7 7 V.4.1. Opening balance sheet 20 Opening stock of external assets 573 573 V.4.2. Changes in balance sheet 21 Change in net external financial position due to current external balance and capital transfers Change in net external financial position due to other changes - 38 4 - 34 V.4.3. Closing balance sheet 22 Changes in external liabilities due to current external balance and capital transfers Changes in external liabilities due to other changes Opening stock of external liabilities Closing net external financial position 88 3 297 242 630 Net worth 23 Opening net external financial position Change in net external financial position, total 276 - 34 242 Total 4 225 3 728 2 015 2 739 1 615 295 1 055 641 379 16 714 535 17 926 10 951 497 41 – 37 50 50 7 573 – 34 630 242 type of person and household group (expressed in ‘full-time’ equivalents) yields detailed information on the composition of unemployed and an aggregate indicator (‘full-time equivalent unemployment’) which is consistent, both conceptually and numerically, with the other macro-economic indicators; these can also be derived from the SAM framework. Moreover, juxtaposing the head-count of the employed persons (excluding foreigners) and the potential labour force in this data set reveals unemployment as conventionally defined.
Account 0. Goods and services I.-IV. TOTAL ECONOMY V. REST OF THE WORLD Total
I. Production II.1. Primary distribution of income II.2./3. Secondary (re)distribution of income (in kind) II.4. Use of (adjusted) disposable income III.1.1. Saving and capital transfers III.1.2. Acquisition of non-financial assets III.2. Financial III.3. Other changes in assets IV.1. Opening balance sheet IV.2. Changes in balance sheet IV.3. Closing balance sheet Net worth V.1. External goods and services V.2. External primary incomes and current transfers V.3.1.1. Saving and capital transfers V.3.1.2. Acquisition of non-financial assets V.3.2. Financial V.3.3. Other changes in assets V.4.1. Opening balance sheet V.4.2. Changes in balance sheet V.4.3. Closing balance sheet Net worth
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
0. Goods and services 1 Trade and transport margins Intermediate consumption Final consumption Gross capital formation Exports of goods and services
0 1 904 1 371 414 536 4 225
TOTAL ECONOMY I. Production 2 Output & Taxes less subsidies on products
3 728 3 728
II.1. Primary distribution of income 3 Net domestic product Property income Primary income from the rest of the world
1 602 341 72 2 015
II.2./3. Secondary (re)distribution of income (in kind) 4 National income, net Current transfers (1 315 ) Current transfers from the rest of the world
1 633 1 096 10 2 739
II.4. Use of (adjusted) disposable income 5 (Adjusted) disposable income, net Adjustment for the change in net equity of households on pension funds Adjustment for the change in net equity of households on pension funds from the rest of the world
1 604 11 0 1 615
III.1.1. Saving and capital transfers 6 Saving, net Capital transfers Capital transfers from the rest of the world
233 61 1 295
III.1.2. Acquisition of non-financial assets 7 Consumption of fixed capital Acquisitions less disposals of non-produced non-financial assets Changes in assets due to saving and capital transfers Acquisitions less disposals of non-produced non-financial assets
222 0 833 0 1 055
III.2. Financial 8 Net lending of the total economy Net acquisitions of financial assets (= net incurrence of liabilities) Net incurrence of external liabilities
38 553 50 641
III.3. Other changes in assets 9 Changes in assets due to other changes
379 379
IV.1. Opening balance sheet 10 Opening stock of assets
16 714 16 714
IV.2. Changes in balance sheet 11 Change in net worth due to saving and capital transfers Change in net worth due to other changes
230 305 535
IV.3. Closing balance sheet 12 Changes in liabilities due to saving and capital transfers Changes in liabilities due to other changes Opening stock of liabilities Closing net worth
603 74 6 298 10 951 17 926
Net worth 13 Opening net worth Change in net worth, total
10 416 535 10 951
REST OF THE WORLD V.1. External goods and services 14 Imports of goods and services
497 497
V.2. External primary incomes and current transfers 15 Primary income to the rest of the world Current transfers to the rest of the world Adjustment for the change in net equity of households on pension funds to the rest of the world External balance of goods and services
41 39 0 - 39 41
V.3.1.1. Saving and capital transfers 16 Capital transfers to the rest of the world Current external balance
4 41 - 37
V.3.1.2. Acquisition of non-financial assets 17 Changes in external assets due to current external balance and capital transfers
50 50
V.3.2. Financial 18 Net acquisition of external financial assets Net lending of the rest of the world
88 - 38 50
V.3.3. Other changes in assets 19 Changes in external assets due to other changes
7 7
V.4.1. Opening balance sheet 20 Opening stock of external assets
573 573
V.4.2. Changes in balance sheet 21 Change in net external financial position due to current external balance and capital transfers Change in net external financial position due to other changes
- 38 4 - 34
V.4.3. Closing balance sheet 22 Changes in external liabilities due to current external balance and capital transfers Changes in external liabilities due to other changes Opening stock of external liabilities Closing net external financial position
88 3 297 242 630
Net worth 23 Opening net external financial position Change in net external financial position, total
276 - 34 242
Total 4 225 3 728 2 015 2 739 1 615 295 1 055 641 379 16 714 535 17 926 10 951 497 41 – 37 50 50 7 573 – 34 630 242

8.139. At this stage, it is perhaps useful to work out an illustrative SAM. For this purpose, table 8.20 exemplifies the design of a SAM which records all transactions distinguished in the system (that is, all flows excluding ‘other changes in assets’). The main novelty refers to a new meaning that is attached to the generation of income account, in order to facilitate a linkage of detailed labour market analyses and the national accounts. The aggregate SAM shown here is meant as a summary table, to which subsequent, more detailed tables can refer. Possible types of classification in each account are indicated in parentheses in the row and column headings.

8.140. The sequence of accounts in this matrix is the same as in table 8.19. Turning that matrix into the aggregate SAM presented here implies:

8.141. The first two rows and columns of table 8.20 contain an aggregated version of the supply and use table, here explicitly linked up with the other accounts of the system. Note that rows and columns of the supply table (cell II,I) have been transposed.

8.142. The third account records the generation of income and plays an important role. It is classified by primary input category: (1) compensation of various types of employees, (2) other taxes less subsidies on production, (3) net operating surplus and (4) net mixed income.

8.143. Here, this account accommodates transactions between two different types of units. In particular, this refers to compensation of employees, which is recorded as a transaction (work in return for compensation) between an institutional unit (employer) and a person (employee). In this SAM, employed persons are considered as separate units who receive compensation of employees in the generation of income account aand distribute this income to their household in the allocation of primary income account. These units are subsequently classified into groups of (self-)employed persons. This representation serves to integrate labour market analyses and the national accounts.

8.144. The (residual) mixed income and operating surplus remain with the producing unit, but the classification of producing units need not be the same as in the production account. In effect, some classification by institutional subsector is particularly relevant to operating surplus and mixed income. This implies a cross-classification of these value added components by industry and institutional subsector in the SAM.

8.145. As the balancing item in cell (III,II) equals total domestic value added, the primary input categories encompass all persons employed in resident enterprises. In colum III, compensation of non-resident persons employed in resident enterprises is then handed over to the rest of the world. A meaningful, national balancing item is only obtained in account III if compensation of resident persons employed in non-resident enterprises is added first. This is done in row III and for this purpose a separate category, resident persons employed in non-resident enterprises, may be created. An additional advantage of inserting this category is that it facilitates the estimation of employment as conventionally defined.

8.146. The result of all this is that the generation of income account is closed with a new balancing item (1 473 ), in between the total net value added and NNI. This balancing item, named total net generated income, at basic prices, gives total income earned by resident institutional units as a result of being engaged in production.

8.147. The allocation of primary income account of a detailed SAM presents household labour income(s) as a contribution by one or more (self)-employed household members. Among other things, this will indicate to what extent each household group depends on multiple sources of (labour) income. Apart from this, the transaction categories in the distribution and use of income accounts are the same as in the previous table.

8.148. In the design of this SAM, the capital and financial accounts have been interlaced, with the financial account classified not by institutional sector but by type of financial asset. As a consequence, a disaggregation of this SAM would show, by institutional subsector, both acquisitions less disposals of various types of financial assets, see cell (IX,VII), and incurrence less repayment of various types of liabilities, see cell (VII,IX). These two categories of transactions have been combined as far as the rest of the world is involved. This serves to include the balancing item net lending in table 8.20, though with a reverse sign when viewed from the standpoint of the national economy (cell IX,XI).

8.149. A large part of total volume changes in net worth probably consists of increases in fixed assets. If one is particularly interested in the dynamics of an economy, it is important to show in which industries production capacity has been expanded. This is the aim of the fixed capital formation account (account VIII) inserted in this SAM. A more detailed table would then present: In this case, the who refers to an institutional subsector, the where refers to an industry, and the what refers to a product group. Through this fixed capital formation account the SAM shows at a meso-level the linkages which exist between fixed capital formation by institutional sector, as presented in the capital account, and fixed capital formation by product group, as contained in the supply and use tables.

8.150. Table 8.21 serves to illustrate what kind of information can be derived from a more detailed SAM. Its main purpose is to show: For purposes of presentation, the number of groups in each account is kept to a minimum. Obviously, a fully-fledged SAM should distinguish more categories per account.

8.151. As a SAM integrates both income and expenditure flows and the supply and use tables at a meso-level, it may serve as a format for the estimation of a wide set of accounts. The SAM approach is particularly useful if one wants to reconcile detailed information on, for example, production and international trade with basic data from, for example, a labour force survey, a household budget survey and an investment survey for industries. In addition, casting accounts into a SAM framework implies that matrix algebra can be applied to balance them.

8.152. Integration of more basic data entails the possibility of more policy issues being monitored, and analysed and interrelated. Above all, the linkage of employment and income distribution aspects to more macro-oriented objectives such as NDP growth, balance of payments equilibrium, stable price levels, etc. comes within reach with a SAM. In addition, the SAM provides a framework and consistent (base-year) data for economy-wide (general equilibrium) models with detailed classifications of actors, including industries, labour types and household subgroups.

8.153. Table 8.22 shows part of the information contained in a fully-fledged SAM. It looks at total net value added, i.e. cell (3,2) of the aggregate table 8.20, through a magnifying glass. To facilitate cross-reference with the supply and use table, industries are only classified by NACE Rev. 1 sections. Male and female labour incomes are broken down by category of occupation and place of residence of the employed person. Net operating surplus is shown according to the (sub)sector of the enterprise to which the establishment belongs, and net mixed income according to the location of the household enterprise. In this example, mixed income still includes an imputed remuneration for the labour of the self-employed. Obviously, the figures in this table add up to the concomitant totals shown in tables 8.20 and 8.21. For instance, total net value added appears in the bottom right-hand corner.

8.154. The additional insights which can be obtained from such a table include the following:

8.155. In this table, the detailed information on compensation of employees comes from labour statistics; its integration into a national accounts framework will improve the relevance as well as the reliability of both this source and the national accounts. Labour incomes as presented in this table can be decomposed into a volume and a price component by labour type and industry: full-time equivalent employment and (weighted, full-time equivalent) wage rates, respectively. Apart from that, a fully-fledged SAM also contains a table showing the allocation of these labour incomes and the concomitant employment to household groups. Similar transactions might be shown for imputed labour income of the self-employed. A data set which contains an estimate of imputed labour income of the self-employed person units as well as a split of all labour income into a volume and a price component yields detailed labour data which are quite useful for all kinds of analysis and which are directly linked to all important macro-economic aggregates, including employment (that is, the total number of employed person units) and full-time equivalent employment (that is, total labour input volume). Table 8.20 — Schematic presentation of a social accounting matrix ACCOUNT 0. Goods and services (products) TOTAL ECONOMY REST OF THE WORLD TOTAL I. Production (industries) II.1.1 Generation of income (primary input categories) II.1 Allocation of primary income (institutional sectors) II.2 Secondary distribution of income (institutional sectors) II.4 Use of disposable income (institutional sectors) Capital (institutional sectors) Gross fixed capital formation (industries) III.2 Financial (financial assets) Current Capital I = 1 II = 2 III = 3a IV = 3b V = 4 VI = 5 VII = 6/7a VIII = 7b IX = 8 X = 14/15 XI = 16/17 0. Goods and services (product) I = 1 Trade and transport margins Intermediate consumption Final consumption Changes in inventories (1) Gross fixed capital formation Exports of goods and services 0 1 904 1 371 38 376 536 4 225 TOTAL ECONOMY I. Production (industries) II = 2 Output 3 595 3 595 II.1.1 Generation of income (primary input categories) III = 3a NET VALUE ADDED (BASIC PRICES) Compensation of employees from the rest of the world 1 469 6 1 475 II.1.2 Allocation of primary income (institutional sectors) IV = 3b Taxes less subsidies on products GENERATED INCOME, NET (BASIC PRICES) Property income Property income and taxes less subsidies on production from the rest of the world 133 1 473 341 66 2 013 ROW II.2 Secondary distribution of income (institutional sectors) V = 4 NATIONAL INCOME, NET Current transfers Current transfers from the rest of the world 1 633 1 096 10 2 739 II.4 Use of disposable income (institutional sectors) VI = 5 DISPOSABLE INCOME, NET Adjustment for the change in net equity of households on pension funds Adjustment for the change in net equity of households on pension funds from the rest of the world 1 604 11 0 1 615 Capital (institutional sectors) VII = 6/7a SAVING, NET Capital transfers (2) Net incurrence of liabilities Capital transfers from the rest of the world (2) 233 61 603 1 898 Gross fixed capital formation (industries) VIII = 7b Consumption of fixed capital Net fixed capital formation 222 154 376 III.2 Financial (financial assets) IX = 8 Net acquisitions of financial assets NET LENDING OF THE REST OF THE WORLD 641 - 38 603 ROW Current X = 14/15 Imports of goods and services Compensation of employees to the rest of the world Property income and taxes less subsidies on production to the rest of the world Current transfers to the rest of the world Adjustment for the change in net equity of households on pension funds to the rest of the world 497 2 39 39 0 577 Capital XI = 16/17 Capital transfers to the rest of the world CURRENT EXTERNAL BALANCE 4 - 41 - 37 TOTAL 4 225 3 595 1 475 2 013 2 739 1 615 898 376 603 577 – 37 (1) Including acquisitions less disposals of valuables. (2) Including acquisitions less disposals of non-financial assets. Table 8.21 — Example of a more detailed social accounting matrix ACCOUNT 0. Goods and services (products) TOTAL ECONOMY ROW TOTAL I. Production (industries) II.1.1. Generation of income (primary input categories) II.1. Allocation of primary income (institutional sectors) II.2. Secondary distribution of income (institutional sectors) II.4. Use of disposable income (institutional sectors) Capital (institutional sectors) Gross fixed capital formation (industries) III.2. Financial (financial assets) Current Capital Ia Ib Ic IIa IIb IIc IIIa IIIb IIIc IIId IIIe IIIf IIIg IVa IVb IVc IVd Va Vb Vc Vd VIa VIb VIc VId VIIa VIIb VIIc VIId VIIIa VIIIb VIIIc IXa IXb IXc X XI 0. Goods and services (products) Agriculture, forestry and fishery products (0) Ia 3 71 14 16 12 - 2 - 1 - - 2 - - 7 128 Ores and minerals, electricity, manufacturing and construction (1-5) Ib 36 969 246 339 269 - 3 2 4 28 3 9 109 233 435 2685 Services (6-9) Ic 2 76 -78 7 209 349 208 152 13 357 - - - - - 23 - 94 1412 TOTAL ECONOMY I. Production (industries) Agriculture, hunting, forestry and fishing (A-B) IIa 87 2 - 89 Mining, manufacturing, electricity and construction (C-F) IIb - 2 112 11 2 123 Services (G-P) IIc - 39 1 344 1 383 II.1.1. Generation of income (primary input categories) Compensation of employees Domestic Resident male IIIa 8 311 153 472 Resident female IIIb 1 95 192 288 Non-residents IIIc - 1 1 2 Residents abroad IIId 6 6 Other taxes less subsidies on production IIIe -2 49 11 58 Operating surplus, net IIIf 11 64 142 217 Mixed income, net IIIg 14 262 156 432 II.1.2. Allocation of primary income (institutional sectors) Households, employees IVa 452 278 - 6 - - 16 - - 15 11 - 778 Households, other IVb 20 10 - - - 60 416 - - 52 24 32 614 Corporations and NPISHs IVc - - - - - 141 - 3 28 174 11 27 384 General government IVd 2 111 20 - - - - 58 16 - - - 23 - 7 237 II.2. Secondary distribution of income (institutional sectors) Households, employees Va 771 - - 56 197 - 1 024 Households, other Vb 577 - - 23 92 - 692 Corporations and NPISHs Vc 94 58 59 16 12 4 243 General government Vd 191 320 134 37 92 6 780 II.4. Use of disposable income (institutional sectors) Households, employees VIa 646 - - 2 - - 648 Households, other VIb 499 - - 9 - - 508 Corporations and NPISHs VIc 107 - - - - - 107 General government VId 352 - - - - - 352 Capital (institutional sectors) Households, employees VIIa 85 - - - - - - 1 - 86 Households, other VIIb 75 - - 16 7 - 28 4 - 130 Corporations and NPISHs VIIc 83 - 4 4 25 130 95 175 - 516 General government VIId -10 1 4 - - 2 94 74 1 166 Gross fixed capital formation (industries) Agriculture, hunting, forestry and fishing (A-B) VIIIa 11 - - - - 11 Mining, manufacturing, electricity and construction (C-F) VIIIb 92 - 4 36 - 132 Services (G-P) VIIIc 119 1 14 92 7 233 III.2. Financial (financial assets) Currency and deposits IXa 56 12 44 7 13 132 Loans IXb - 5 194 45 -27 217 Other financial assets IXc 26 82 102 68 -24 254 ROW Current X 37 345 115 2 4 9 26 - - - 4 35 - - - - 577 Capital XI - - - 4 -41 - 37 TOTAL 128 2 685 1 412 89 2 123 1 383 472 288 2 6 58 217 432 778 614 384 237 1 024 692 243 780 648 508 107 352 86 130 516 166 11 132 233 132 217 254 577 -37 Table 8.22 — Example of a detailed submatrix: net value added (basic prices) (Table 8.20, cell 3,2) INDUSTRIES (by NACE rev. 1 sections) Total Agriculture, hunting and forestry Fishing Mining and quarrying Manufacturing Electricity, gas and water supply Construction Wholesale, retail trade, repair of motor vehicles households goods Hotels and restaurants Transport, storage, communication Financial intermediation Real estate, renting and business services Public administration, defence and compulsory social security Education Health and social work Other community social, personal services Financial intermeditation services indirectly measured IIa1 IIa2 IIb1 IIb2 IIb3 IIb4 IIc1 IIc2 IIc3 IIc4 IIc5 IIc6 IIc7 IIc8 IIc9 IIc10 II Compensation of employees DOMESTIC Resident male Agricultural Rural IIIa1 6,2 0,5 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,1 0,0 0,0 0,0 6,8 Urban IIIa2 0,2 0,2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,1 0,0 0,0 0,0 0,5 Manual Rural IIIa3 0,2 0,0 3,2 21,1 0,6 12,4 1,9 0,1 2,8 0,6 0,1 0,2 0,8 0,2 1,8 46,0 Urban IIIa4 0,0 0,0 1,8 105,3 9,8 27,4 4,0 0,4 7,9 1,5 0,4 0,9 1,0 0,8 4,7 165,9 Clerical, sales, service Rural IIIa5 0,2 0,0 0,5 5,9 0,0 0,9 3,0 0,2 0,5 3,7 0,6 1,5 0,6 0,0 2,4 20,0 Urban IIIa6 0,0 0,1 1,5 35,6 2,1 3,7 6,6 0,5 1,8 6,9 3,0 5,8 0,6 0,4 7,3 75,9 Professional, managerial, etc. Rural IIIa7 0,1 0,0 1,7 17,7 0,2 2,6 0,7 0,2 0,3 1,8 1,3 2,7 14,0 1,0 1,8 46,1 Urban IIIa8 0,0 0,0 2,5 47,7 2,7 4,4 1,3 0,4 1,0 5,6 5,9 10,6 20,1 4,1 4,7 111,0 Resident female Agricultural Rural IIIb1 1,0 0,1 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 1,1 Urban IIIb2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 Manual Rural IIIb3 0,0 0,0 0,0 5,7 0,0 0,0 0,1 0,1 0,0 0,1 0,0 0,1 0,4 0,2 0,8 7,5 Urban IIIb4 0,0 0,0 0,0 13,6 0,0 0,1 0,2 0,2 0,1 0,3 0,2 0,3 0,4 0,8 2,6 18,8 Clerical, sales, service Rural IIIb5 0,0 0,0 0,4 5,6 0,1 1,3 6,2 0,6 0,4 1,6 0,8 1,8 4,3 0,6 24,2 47,8 Urban IIIb6 0,0 0,0 1,2 49,6 2,9 4,6 14,3 2,5 1,0 8,8 4,7 9,0 4,9 2,0 36,6 142,1 Professional, managerial, etc. Rural IIIb7 0,0 0,0 0,0 1,3 0,0 0,1 0,2 0,0 0,0 1,0 0,3 0,9 9,3 2,4 5,5 21,0 Urban IIIb8 0,0 0,0 0,1 7,3 0,1 0,3 0,3 0,1 0,0 3,6 1,1 4,8 10,6 9,8 11,2 49,3 Non-resident employees IIIc 0,1 0,1 0,1 0,9 0,0 0,2 0,2 0,0 0,1 0,0 0,0 0,3 0,0 0,0 0,0 2,0 Residents in non-resident enterprises IIId Other taxes less subsidies on production IIIe - 2,0 0,0 - 2,0 41,1 4,9 5,0 0,0 0,0 - 6,0 8,3 3,7 1,0 0,0 0,0 4,0 58,0 Operating surplus, net Households (owner-occupied housing) IIIf1 60,0 60,0 NPISHd and government unincorporated enterprises IIIf2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 21,0 21,0 Corporations Public IIIf3 0,1 0,0 2,7 8,0 9,0 1,1 - 12,1 0,1 3,6 1,5 1,0 0,0 6,2 10,1 - 5,0 26,3 National private IIIf4 10,7 0,2 0,4 13,0 0,1 21,9 6,0 2,7 7,1 14,8 49,0 0,0 1,3 11,5 - 35,0 103,7 Foreign IIIf5 0,0 0,0 1,4 6,0 0,0 0,4 0,5 0,3 1,8 2,2 1,5 0,0 0,0 0,0 - 8,0 6,1 Mixed income, net Rural IIIg1 12,3 1,4 0,0 65,4 0,0 9,4 10,7 0,5 0,5 3,0 32,9 0,0 0,0 3,4 2,1 141,6 Urban IIIg2 0,2 0,2 0,0 161,6 0,0 25,6 20,4 4,3 2,5 2,0 61,1 0,0 0,0 7,6 4,9 290,4 Subtotals: Compensation of employees (paid by resident production) 8,0 1,0 13,0 317,3 18,5 58,0 39,0 5,3 15,9 35,5 18,4 39,1 67,0 22,3 103,6 761,8 —  Resident male IIIa 6,9 0,8 11,1 233,3 15,4 51,4 17,5 1,8 14,3 20,1 11,3 21,9 37,1 6,5 22,7 472,2 —  Resident female IIIb 1,0 0,1 1,7 83,1 3,0 6,4 21,3 3,5 1,5 15,4 7,1 16,9 29,9 15,8 80,9 287,6 —  Non-resident IIIc 0,1 0,1 0,1 0,9 0,0 0,2 0,2 0,0 0,1 0,0 0,0 0,3 0,0 0,0 0,0 2,0 Mixed income and operating surplus 23,2 1,8 4,5 254,0 9,1 58,4 25,5 8,0 15,5 23,5 205,5 0,0 0,0 18,5 49,6 - 48,0 649,1 —  Operating surplus, net IIIf 10,8 0,2 4,5 27,0 9,1 23,4 - 5,6 3,1 12,5 18,5 111,5 0,0 0,0 7,5 42,6 - 48,0 217,1 —  Mixed income, net IIIg 12,4 1,6 0,0 227,0 0,0 35,0 31,1 4,9 3,0 5,0 94,0 0,0 0,0 11,0 7,0 432,0 Total net value added III 29,2 2,8 15,5 612,4 32,5 121,4 64,5 13,3 25,4 67,3 227,6 40,1 67,0 40,8 157,2 - 48,0 1468,9
ACCOUNT 0. Goods and services (products) TOTAL ECONOMY REST OF THE WORLD TOTAL
I. Production (industries) II.1.1 Generation of income (primary input categories) II.1 Allocation of primary income (institutional sectors) II.2 Secondary distribution of income (institutional sectors) II.4 Use of disposable income (institutional sectors) Capital (institutional sectors) Gross fixed capital formation (industries) III.2 Financial (financial assets) Current Capital
I = 1 II = 2 III = 3a IV = 3b V = 4 VI = 5 VII = 6/7a VIII = 7b IX = 8 X = 14/15 XI = 16/17
0. Goods and services (product) I = 1 Trade and transport margins Intermediate consumption Final consumption Changes in inventories (1) Gross fixed capital formation Exports of goods and services
0 1 904 1 371 38 376 536 4 225
TOTAL ECONOMY I. Production (industries) II = 2 Output
3 595 3 595
II.1.1 Generation of income (primary input categories) III = 3a NET VALUE ADDED (BASIC PRICES) Compensation of employees from the rest of the world
1 469 6 1 475
II.1.2 Allocation of primary income (institutional sectors) IV = 3b Taxes less subsidies on products GENERATED INCOME, NET (BASIC PRICES) Property income Property income and taxes less subsidies on production from the rest of the world
133 1 473 341 66 2 013
ROW II.2 Secondary distribution of income (institutional sectors) V = 4 NATIONAL INCOME, NET Current transfers Current transfers from the rest of the world
1 633 1 096 10 2 739
II.4 Use of disposable income (institutional sectors) VI = 5 DISPOSABLE INCOME, NET Adjustment for the change in net equity of households on pension funds Adjustment for the change in net equity of households on pension funds from the rest of the world
1 604 11 0 1 615
Capital (institutional sectors) VII = 6/7a SAVING, NET Capital transfers (2) Net incurrence of liabilities Capital transfers from the rest of the world (2)
233 61 603 1 898
Gross fixed capital formation (industries) VIII = 7b Consumption of fixed capital Net fixed capital formation
222 154 376
III.2 Financial (financial assets) IX = 8 Net acquisitions of financial assets NET LENDING OF THE REST OF THE WORLD
641 - 38 603
ROW Current X = 14/15 Imports of goods and services Compensation of employees to the rest of the world Property income and taxes less subsidies on production to the rest of the world Current transfers to the rest of the world Adjustment for the change in net equity of households on pension funds to the rest of the world
497 2 39 39 0 577
Capital XI = 16/17 Capital transfers to the rest of the world CURRENT EXTERNAL BALANCE
4 - 41 - 37
TOTAL 4 225 3 595 1 475 2 013 2 739 1 615 898 376 603 577 – 37
(1) Including acquisitions less disposals of valuables. (2) Including acquisitions less disposals of non-financial assets.
ACCOUNT 0. Goods and services (products) TOTAL ECONOMY ROW TOTAL
I. Production (industries) II.1.1. Generation of income (primary input categories) II.1. Allocation of primary income (institutional sectors) II.2. Secondary distribution of income (institutional sectors) II.4. Use of disposable income (institutional sectors) Capital (institutional sectors) Gross fixed capital formation (industries) III.2. Financial (financial assets) Current Capital
Ia Ib Ic IIa IIb IIc IIIa IIIb IIIc IIId IIIe IIIf IIIg IVa IVb IVc IVd Va Vb Vc Vd VIa VIb VIc VId VIIa VIIb VIIc VIId VIIIa VIIIb VIIIc IXa IXb IXc X XI
0. Goods and services (products) Agriculture, forestry and fishery products (0) Ia 3 71 14 16 12 - 2 - 1 - - 2 - - 7 128
Ores and minerals, electricity, manufacturing and construction (1-5) Ib 36 969 246 339 269 - 3 2 4 28 3 9 109 233 435 2685
Services (6-9) Ic 2 76 -78 7 209 349 208 152 13 357 - - - - - 23 - 94 1412
TOTAL ECONOMY I. Production (industries) Agriculture, hunting, forestry and fishing (A-B) IIa 87 2 - 89
Mining, manufacturing, electricity and construction (C-F) IIb - 2 112 11 2 123
Services (G-P) IIc - 39 1 344 1 383
II.1.1. Generation of income (primary input categories) Compensation of employees Domestic Resident male IIIa 8 311 153 472
Resident female IIIb 1 95 192 288
Non-residents IIIc - 1 1 2
Residents abroad IIId 6 6
Other taxes less subsidies on production IIIe -2 49 11 58
Operating surplus, net IIIf 11 64 142 217
Mixed income, net IIIg 14 262 156 432
II.1.2. Allocation of primary income (institutional sectors) Households, employees IVa 452 278 - 6 - - 16 - - 15 11 - 778
Households, other IVb 20 10 - - - 60 416 - - 52 24 32 614
Corporations and NPISHs IVc - - - - - 141 - 3 28 174 11 27 384
General government IVd 2 111 20 - - - - 58 16 - - - 23 - 7 237
II.2. Secondary distribution of income (institutional sectors) Households, employees Va 771 - - 56 197 - 1 024
Households, other Vb 577 - - 23 92 - 692
Corporations and NPISHs Vc 94 58 59 16 12 4 243
General government Vd 191 320 134 37 92 6 780
II.4. Use of disposable income (institutional sectors) Households, employees VIa 646 - - 2 - - 648
Households, other VIb 499 - - 9 - - 508
Corporations and NPISHs VIc 107 - - - - - 107
General government VId 352 - - - - - 352
Capital (institutional sectors) Households, employees VIIa 85 - - - - - - 1 - 86
Households, other VIIb 75 - - 16 7 - 28 4 - 130
Corporations and NPISHs VIIc 83 - 4 4 25 130 95 175 - 516
General government VIId -10 1 4 - - 2 94 74 1 166
Gross fixed capital formation (industries) Agriculture, hunting, forestry and fishing (A-B) VIIIa 11 - - - - 11
Mining, manufacturing, electricity and construction (C-F) VIIIb 92 - 4 36 - 132
Services (G-P) VIIIc 119 1 14 92 7 233
III.2. Financial (financial assets) Currency and deposits IXa 56 12 44 7 13 132
Loans IXb - 5 194 45 -27 217
Other financial assets IXc 26 82 102 68 -24 254
ROW Current X 37 345 115 2 4 9 26 - - - 4 35 - - - - 577
Capital XI - - - 4 -41 - 37
TOTAL 128 2 685 1 412 89 2 123 1 383 472 288 2 6 58 217 432 778 614 384 237 1 024 692 243 780 648 508 107 352 86 130 516 166 11 132 233 132 217 254 577 -37
(Table 8.20, cell 3,2) INDUSTRIES (by NACE rev. 1 sections) Total
Agriculture, hunting and forestry Fishing Mining and quarrying Manufacturing Electricity, gas and water supply Construction Wholesale, retail trade, repair of motor vehicles households goods Hotels and restaurants Transport, storage, communication Financial intermediation Real estate, renting and business services Public administration, defence and compulsory social security Education Health and social work Other community social, personal services Financial intermeditation services indirectly measured
IIa1 IIa2 IIb1 IIb2 IIb3 IIb4 IIc1 IIc2 IIc3 IIc4 IIc5 IIc6 IIc7 IIc8 IIc9 IIc10 II
Compensation of employees DOMESTIC Resident male Agricultural Rural IIIa1 6,2 0,5 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,1 0,0 0,0 0,0 6,8
Urban IIIa2 0,2 0,2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,1 0,0 0,0 0,0 0,5
Manual Rural IIIa3 0,2 0,0 3,2 21,1 0,6 12,4 1,9 0,1 2,8 0,6 0,1 0,2 0,8 0,2 1,8 46,0
Urban IIIa4 0,0 0,0 1,8 105,3 9,8 27,4 4,0 0,4 7,9 1,5 0,4 0,9 1,0 0,8 4,7 165,9
Clerical, sales, service Rural IIIa5 0,2 0,0 0,5 5,9 0,0 0,9 3,0 0,2 0,5 3,7 0,6 1,5 0,6 0,0 2,4 20,0
Urban IIIa6 0,0 0,1 1,5 35,6 2,1 3,7 6,6 0,5 1,8 6,9 3,0 5,8 0,6 0,4 7,3 75,9
Professional, managerial, etc. Rural IIIa7 0,1 0,0 1,7 17,7 0,2 2,6 0,7 0,2 0,3 1,8 1,3 2,7 14,0 1,0 1,8 46,1
Urban IIIa8 0,0 0,0 2,5 47,7 2,7 4,4 1,3 0,4 1,0 5,6 5,9 10,6 20,1 4,1 4,7 111,0
Resident female Agricultural Rural IIIb1 1,0 0,1 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 1,1
Urban IIIb2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0
Manual Rural IIIb3 0,0 0,0 0,0 5,7 0,0 0,0 0,1 0,1 0,0 0,1 0,0 0,1 0,4 0,2 0,8 7,5
Urban IIIb4 0,0 0,0 0,0 13,6 0,0 0,1 0,2 0,2 0,1 0,3 0,2 0,3 0,4 0,8 2,6 18,8
Clerical, sales, service Rural IIIb5 0,0 0,0 0,4 5,6 0,1 1,3 6,2 0,6 0,4 1,6 0,8 1,8 4,3 0,6 24,2 47,8
Urban IIIb6 0,0 0,0 1,2 49,6 2,9 4,6 14,3 2,5 1,0 8,8 4,7 9,0 4,9 2,0 36,6 142,1
Professional, managerial, etc. Rural IIIb7 0,0 0,0 0,0 1,3 0,0 0,1 0,2 0,0 0,0 1,0 0,3 0,9 9,3 2,4 5,5 21,0
Urban IIIb8 0,0 0,0 0,1 7,3 0,1 0,3 0,3 0,1 0,0 3,6 1,1 4,8 10,6 9,8 11,2 49,3
Non-resident employees IIIc 0,1 0,1 0,1 0,9 0,0 0,2 0,2 0,0 0,1 0,0 0,0 0,3 0,0 0,0 0,0 2,0
Residents in non-resident enterprises IIId
Other taxes less subsidies on production IIIe - 2,0 0,0 - 2,0 41,1 4,9 5,0 0,0 0,0 - 6,0 8,3 3,7 1,0 0,0 0,0 4,0 58,0
Operating surplus, net Households (owner-occupied housing) IIIf1 60,0 60,0
NPISHd and government unincorporated enterprises IIIf2 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 0,0 21,0 21,0
Corporations Public IIIf3 0,1 0,0 2,7 8,0 9,0 1,1 - 12,1 0,1 3,6 1,5 1,0 0,0 6,2 10,1 - 5,0 26,3
National private IIIf4 10,7 0,2 0,4 13,0 0,1 21,9 6,0 2,7 7,1 14,8 49,0 0,0 1,3 11,5 - 35,0 103,7
Foreign IIIf5 0,0 0,0 1,4 6,0 0,0 0,4 0,5 0,3 1,8 2,2 1,5 0,0 0,0 0,0 - 8,0 6,1
Mixed income, net Rural IIIg1 12,3 1,4 0,0 65,4 0,0 9,4 10,7 0,5 0,5 3,0 32,9 0,0 0,0 3,4 2,1 141,6
Urban IIIg2 0,2 0,2 0,0 161,6 0,0 25,6 20,4 4,3 2,5 2,0 61,1 0,0 0,0 7,6 4,9 290,4
Subtotals:
Compensation of employees (paid by resident production) 8,0 1,0 13,0 317,3 18,5 58,0 39,0 5,3 15,9 35,5 18,4 39,1 67,0 22,3 103,6 761,8
—  Resident male IIIa 6,9 0,8 11,1 233,3 15,4 51,4 17,5 1,8 14,3 20,1 11,3 21,9 37,1 6,5 22,7 472,2
—  Resident female IIIb 1,0 0,1 1,7 83,1 3,0 6,4 21,3 3,5 1,5 15,4 7,1 16,9 29,9 15,8 80,9 287,6
—  Non-resident IIIc 0,1 0,1 0,1 0,9 0,0 0,2 0,2 0,0 0,1 0,0 0,0 0,3 0,0 0,0 0,0 2,0
Mixed income and operating surplus 23,2 1,8 4,5 254,0 9,1 58,4 25,5 8,0 15,5 23,5 205,5 0,0 0,0 18,5 49,6 - 48,0 649,1
—  Operating surplus, net IIIf 10,8 0,2 4,5 27,0 9,1 23,4 - 5,6 3,1 12,5 18,5 111,5 0,0 0,0 7,5 42,6 - 48,0 217,1
—  Mixed income, net IIIg 12,4 1,6 0,0 227,0 0,0 35,0 31,1 4,9 3,0 5,0 94,0 0,0 0,0 11,0 7,0 432,0
Total net value added III 29,2 2,8 15,5 612,4 32,5 121,4 64,5 13,3 25,4 67,3 227,6 40,1 67,0 40,8 157,2 - 48,0 1468,9

CHAPTER 9

INPUT-OUTPUT FRAMEWORK

9.01. The input-output framework consists of three types of tables:

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