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Transcript
OECD
STATISTICS DIRECTORATE
NATIONAL ACCOUNTS DIVISION
QUARTERLY NATIONAL
ACCOUNTS
IN OECD.STAT
THE QUARTERLY NATIONAL ACCOUNTS DATABASE
Introduction
The Quarterly National Accounts (QNA) database in OECD.Stat is updated daily.
It contains annual and quarterly time series starting from 1955 whenever possible, covering
original and seasonally adjusted series for:
 All OECD Member countries
 A number of groups of countries (zones)
Series can be selected according to 4 dimensions: Country/Subject/Measure/Period and
frequency.
 The Country dimension covers the OECD Member countries and a number of zones.
 The Subject dimension covers the aggregates.
 The Measure covers the valuation (values, volumes, indices, original or seasonally adjusted data,
number of persons, of hours, of jobs, etc.).
 The Period can be selected for quarterly and/or annual data.
Countries data are expressed in national currencies and reflect national methodologies and
national practices. Data converted into U.S. dollars using Purchasing Power Parities series (PPPs) as well
as volume and price indices are also available for the main components of GDP by Expenditure for all
countries and zones.
Population data are expressed in persons. Employment data are expressed in hours worked,
persons, jobs or full time equivalents.
Value and volume data are expressed in millions (of national currencies or of US dollars) except
the Purchasing Power Parities series (PPPs) which are expressed in unit of national currencies. Population
and employment data are expressed in thousands when the unit is equal to persons, jobs and full time
equivalent. Hours worked are expressed in millions. Power and number of decimals can be changed by
users.
Indices are expressed with the base/reference year = 100.0. The national base/reference year is
indicated by NB and the official OECD base year is indicated by OB in the measure identifier.
Seasonally adjusted volume and price indices for countries and zones published with the OECD
official base year 2000 = 100 are available.
Metadata are available at the country level to give general information on the country data set
and notes are attached at the series’levels to indicate differences from the standard definition.
Changeover to the Euro (made in January 2002)
National data for all member countries of the European Monetary Union (EMU), also called Euro
area, are now expressed in Euros.
Data relating to years prior to entry into the EMU have been converted from the former national
currency using the appropriate irrevocable conversion rate. The presentation facilitates comparisons within
a country over time and ensures that the historical evolution (i.e. growth rates) is preserved. However, preEMU euros are a notional unit and are not normally suitable to form area aggregates or to carry out crosscountry comparisons.
In order to clearly make the distinction between the so-obtained euro denomination of the
national currency and the Euro which is the currency of the EMU, countries' units are expressed as
follows: 'euros (year of accession, ISO currency code, euro)’ e.g. euros (1999 ATS euro) for Austria, euros
(1999 BEF euro) for Belgium, etc.
Data by country
Data for countries are presented in standard tables. However, all the series are based on each
country’s own system of national accounts. Most OECD member countries now compile their accounts
according to the 1993 SNA. Various information about the data source, the system of national accounts
used, the constant prices, etc. as well as the most important divergences from the standard tables are given
in the metadata (“i”) at country and series levels.
Annual data are available for all series. They are expressed at annual level and are calculated by
sum or average of the original quarters.
Original and seasonally adjusted data (SA extension in the measure) are available according to
what is produced by the country. For Canada, Portugal, United Kingdom and United States, only
seasonally adjusted series are available. When data are seasonally adjusted by the OECD, metadata are
attached to the series to indicate it.
Data at constant prices (VNB---- measure) and chained volume estimates (LNB---- measure) are
shown with the base/reference year used by the country concerned. Implicit price indices (DNBSA and
DNB measures) for the main components of GDP by expenditure are also shown with the base/reference
year used by the country concerned.
The majority of OECD Member countries publish chained volume estimates but some countries
still publish volume data at fixed constant prices. It is therefore recommended to select both VNBQR and
LNBQR measures in order to extract original volume data and VNBQRSA and LNBQRSA in order to
extract seasonally adjusted volume data.
For Canada, Japan, Mexico and the United States whose data are published at annual level,
quarterly data are available at both annual (AR) and quarterly (QR) levels. Quarterly data at quarterly level
are obtained by dividing national data by four. For all the other countries quarterly data are shown at
quarterly level. In addition, for all countries, data expressed in US dollars are shown at annual levels for
the main expenditures on GDP, see below under “Comparable data for countries in a specific table (CMP
Table)”.
Population data are expressed in persons (PER), original or seasonally adjusted (PERSA).
Employment data are expressed in hours (HRS), persons (PER), jobs (JOB) or full-time
equivalent (FTE) depending on the country. Employment data are available seasonally adjusted for some
countries.
To the extent that the data are available, the standard following accounts can be found for the 30
OECD Member countries:
3/14
 Gross domestic product by expenditure
 Gross domestic product by cost structure
 Gross domestic product by industry – A6
 Gross fixed capital formation by product – Pi6
 Gross fixed capital formation by institutional sector
 Disposable income and Real disposable income
 Saving and net lending/borrowing
 Population and Employment – National concept
 Compensation of employees by Industry – A6
 Employment by industry – A6 – Domestic concept
 Private consumption expenditure by type of good
The detailed list of the aggregates shown in the above accounts as well as a description of the
codification used in the QNA database can be found in Annex One.
A description of the equalities used in the accounts can be found in Annex Two.
Comparable data for countries in a specific table (CMP Table)
The main components of GDP by Expenditure are available in a table where cross-country
comparison has been made easier by showing seasonally adjusted series with the same base/reference year.
Original data have been seasonally adjusted by the OECD, method X12 ARIMA, when no seasonally
adjusted data were reported by the country and national volume data have been re-referenced to the official
OECD reference year. Series are available for the following aggregates:
 Gross domestic product
 Private final consumption expenditure
 Government consumption expenditure
 Gross fixed capital formation
 Exports of goods and services
 Imports of goods and services
Comparable data for countries are available for the following measures/valuations:






CARSA
VOBARSA
DOBSA
VIXOBSA
CPCARSA
VPVOBARSA
Current prices, national currency, annual level, s.a.
Volume estimates, national currency, base/reference year 2000, annual level, s.a.
Implicit price deflators, 2000 = 100, s.a.
Volume indices, 2000 = 100, s.a.
Current US $ converted with current PPPs, annual level, s.a.
US $ of 2000 converted with PPPs of 2000, annual level, s.a
Data for zones (groups of countries) in the comparable table (CMP Table)
All OECD Member countries now compile national accounts on a quarterly basis. The
Secretariat has made quarterly estimates of the main expenditures on GDP for historical series, when
necessary, in order to publish quarterly aggregates from Q1 1960 or Q1 1995 for the following groups of
countries:
 OECD-Total (30 countries)
 Former OECD-Total (25 countries)
4/14





OECD-Europe (23 countries)
Former OECD-Europe (19 countries)
Former European Union (15 countries)
G7 (Seven Major countries)
NAFTA (3 countries)
Data are also available for the two following groups of countries which are not all OECD Member
countries :
 European Union (27 countries) – Source Eurostat
 Euro area (15 countries) – Source Eurostat
The detailed composition of these groups is given further below under the heading "Abbreviations used".
Four sets of time series are available for each of these groups of countries, showing the main
components of GDP by expenditure for the following measures/valuations:




CPCARSA
VPVOBARSA
VIXOBSA
DOBSA
Data expressed in US dollars, at current prices and current PPPs, s.a.
Data expressed in US dollars, at 2000 price level and 2000 PPPs, s.a.
Volume indices, 2000 = 100, s.a.
Implicit price indices, 2000 = 100, s.a.
Countries data at current prices are converted into dollars using current GDP purchasing power
parities (PPPs), data at 2000 price levels are converted into dollars using GDP PPPs of 2000. Series for
each zone are then obtained by sum of the countries concerned.
Specific GDP PPPs are calculated by the OECD for the euro area and the European Union as
such and are used to convert data in Euros into US dollars.
PPPs are rates of conversion that allow expressing different currencies in a common one while
eliminating the differences in price levels between countries. When converted by means of PPPs, the
expenditure on GDP for different countries are expressed at the same set of international prices so that
comparisons between countries reflect only differences in the volume of goods and services purchased.
National converted data can then be aggregated to obtain aggregates for groups of countries, which are
expressed at the same set of international prices.
The PPPs converted data are shown in US dollars but the choice of the currency unit is purely a
matter of convention, which does not affect the comparisons between countries or groups of countries. The
original series at constant prices of a base year other than 2000 have been scaled up/down to the price
levels of 2000 to allow calculations of data at constant 2000 price levels for the groups of countries.
For countries which compile quarterly national accounts and publish seasonally adjusted data,
national official data have been used. Otherwise, the OECD has estimated data for missing historical
periods and has seasonally adjusted the original national data.
Statistics for Germany in this publication refer to Germany after unification. As official data are
available only from 1991 onwards, the Secretariat has estimated the main aggregates by linking, in 1991,
data for Germany and data for West Germany, in order to calculate various zones totals as from 1960.
For the zones, no estimates have been made of changes in inventories which are included with a
statistical discrepancy in a residual item.
5/14
Euro area and European Union
Data expressed in euros, published by Eurostat, are available for the euro area and the European
Union. The composition of these two zones is the current legal one. The main components of GDP by
expenditure are available for the following measures/valuations:
 CQRSA
 LNBQRSA
 DNBSA
Current prices, Euro /Ecu, quarterly levels, s.a.
Chained volume estimates, Euro /Ecu, national base, quarterly levels, s.a.
Implicit price index, national base = 100, s.a.
Abbreviations used
OECD-Total All 30 Member countries of OECD: Australia, Austria, Belgium, Canada, Czech Republic,
Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg,
Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden,
Switzerland, Turkey, United Kingdom and United States.
OECD-Former Total All OECD Member countries except the Czech Republic, Hungary, Korea, Poland
and Slovak Republic that is 25 countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France,
Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands, New Zealand,
Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom and United States.
OECD-Europe All European Member countries of OECD i.e. 23 countries: Austria, Belgium, Czech
Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Luxembourg,
Netherlands, Norway, Poland, Portugal, Slovak Republic, Spain, Sweden, Switzerland, Turkey and United
Kingdom.
Former OECD-Europe OECD European Member countries except the Czech Republic, Hungary, Poland
and Slovak Republic, that is 19 countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece,
Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey,
United Kingdom.
Former European Union (15 countries) The following 15 countries: Austria, Belgium, Denmark,
Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden and
United Kingdom.
G7 covers Canada, France, Germany, Italy, Japan, United Kingdom and United States.
NAFTA Three countries: Canada, Mexico and United States.
European Union – Source Eurostat - 27 countries : Austria, Belgium, Bulgaria, Cyprus, Czech Republic,
Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania,
Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden,
and United Kingdom.
Euro area – Source Eurostat - 15 countries: Austria, Belgium, Cyprus, Finland, France, Germany,
Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia and Spain.
..
–
.
: Not available
: Nil or negligible
: Decimal point
6/14
s.a. : Seasonally adjusted
E or *: OECD estimates
Private Final Consumption Expenditure covers households and NPISHs final consumption expenditure.
7/14
ANNEX ONE
INVENTORY AND CODIFICATION
Introduction
 Annual data are expressed at annual level. They are calculated by sum (or average) of the original
quarters
 Quarterly data are expressed at quarterly level. Depending on country’s practice quarterly data can be
also available at annual levels.
 For countries (and for the euro area and the European Union), value and volume data are expressed in
national currencies. Population data are expressed in number of persons. Employment data are
expressed in number of hours worked, of persons, of jobs or of full time equivalent.
 Zones data are expressed in US dollars (converted using Purchasing Power Parities - PPPs). The
European Union and euro area, source Eurostat, are also expressed in euros.
 Volume and implicit price indices are expressed with data of the base/reference year = 100.0
Structure of series identifiers
Series can be selected according to 4 dimensions: Country/Subject/Measure/Period and frequency. The
Country dimension covers the OECD member countries and a number of zones. The Subject dimension
covers the available aggregates. The Measure covers the available valuations (values, volumes, indices,
original or seasonally adjusted). The period can be selected for quarterly and/or annual data.
Subject Dimension
Subject identifiers and titles are standardised whenever the data are comparable. See below the standard
set of titles and corresponding subject identifiers. However, when a series is substantially different from
the standardised title, the difference is indicated both in the title and in the series identifier. For example,
the standard identifier for operating surplus in the GDP by income account is COSOS. If the data shown
correspond to gross operating surplus, the code used will be COSGOS and a footnote will be attached to
the series.
DESCRIPTION OF THE QNA STRUCTURE
Subject Identifier
Subject Title
In GDP
GROSS DOMESTIC PRODUCT
CMP
CMPPC
CMPGC
CMPGF
CMPEXP
CMPIMP
CMPRES
CMPGDP
GDP BY TYPE OF EXPENDITURE, COMPARABLE TABLE
Private final consumption expenditure
Government final consumption expenditure
Gross fixed capital formation
Exports of goods and services
Imports of goods and services
Residual item
Gross domestic product
EXP
EXPFCE
EXPPC
EXPHHC
EXPNPIC
GDP BY TYPE OF EXPENDITURE
Final consumption expenditure
Private final consumption expenditure
Households final consumption expenditure
Final consumption expenditure of NPISHs
EXPGC
EXPGIC
EXPGCC
EXPGCF
EXPGF
EXPSTNV
EXPST
EXPVALN
EXPNEXP
EXPEXP
EXPEXPG
EXPEXPS
EXPIMP
EXPIMPG
EXPIMPS
EXPSD
EXPGDP
EXPAIC
EXPFDD
EXPDOMD
Government final consumption expenditure
Government individual consumption expenditure
Government collective consumption expenditure
Gross capital formation
Gross fixed capital formation
Changes in inventories and acquisitions less disposals of valuables
Changes in inventories
Acquisitions less disposals of valuables
Net exports of goods and services
Exports of goods and services
Exports of goods
Exports of services
Imports of goods and services
Imports of goods
Imports of services
Residual item
Gross domestic product
add. Actual individual consumption
add. Final domestic demand (consumption + GFCF)
add. Gross national expenditure (consumption +cap.formation)
COS
COSCOM
COSGOS
COSOSMI
COSCFC
COSTPPN
COSTXPI
COSSUB
COSSD
COSGDP
GDP BY COST STRUCTURE
Compensation of employees
Gross operating surplus and mixed income
Net operating surplus and mixed income
Consumption of fixed capital
Taxes less subsidies on production and imports
Taxes on production and imports
less Subsidies on production and imports
Residual item
Gross domestic product
ACT
ACTAB
ACTC_E
ACTD
ACTF
ACTSERV
ACTG_I
ACTJK
ACTL_P
ACTGVABP
ACTFISIM
ACTTXPN
ACTTXP
ACTSUBP
ACTSD
ACTGDP
GDP BY ACTIVITY
Agriculture, hunting, forestry and fishing
Mining, manufacturing, electricity, gas and water supply
Of which Manufacturing
Construction
Services
Trade, hotels & rest., transport & communications
Finance, insurance, real estate & business activities
Other services activities
Total gross value added at basic prices
Financial intermediation services indirectly measured (FISIM)
Taxes less subsidies on products
Taxes on products
less Subsidies on products
Residual item
Gross domestic product
In GFF
GFP
GFPAFF
GROSS FIXED CAPITAL FORMATION
GROSS FIXED CAPITAL FORMATION BY PRODUCT – Pi6
GFCF - Products of agriculture, forestry, fishing and aquaculture
9/14
GFPMPM
GFPTRE
GFPHOU
GFPOBC
GFPOTP
GFPSD
GFPTOT
GFCF - Metal products and machinery
GFCF - Transport equipment
GFCF - Housing
GFCF - Other constructions
GFCF - Other products
GFCF - Residual item
Gross fixed capital formation
GFS
GFSGG
GFSNGG
GFSPRRESC
GFSPROBCME
GFSPB
GFSPR
GROSS FIXED CAPITAL FORMATION BY INSTITUTIONAL SECTOR
GFCF - General government
GFCF – Non-government
GFCF - Private sector residential construction
GFCF - Private other investment
GFCF - Public sector
GFCF - Private sector
GPP
GPPAFF
GPPMPM
GPPTRE
GPPHOU
GPPOBC
GPPOTP
GPPSD
GPPTOT
PRIVATE GROSS FIXED CAPITAL FORMATION BY PRODUCT – Pi6
GFCF Private - Products of agriculture, forestry, fishing and aquaculture
GFCF Private - Metal products and machinery
GFCF Private - Transport equipment
GFCF Private - Housing
GFCF Private - Other constructions
GFCF Private - Other products
GFCF Private - Residual item
Gross private fixed capital formation
In INC
NATIONAL INCOME
REL
RELGDP
RELTGL
RELGDI
RELNFIFW
RELGNI
RELCFC
RELNNI
RELNCTFW
RELSD2
RELNNDI
RELGNDI
DISPOSABLE INCOME
Gross domestic product
+ Trading gains or losses
= Real gross domestic income
+ Net primary incomes from the rest of the world
= Gross national income
- Consumption of fixed capital
= Net national income
+ Net current transfers from the rest of the world
+ Residual item
= Net national disposable income
Add. Gross national disposable income
In FOA
FINANCE OF ACCUMULATION, SAVING AND NET LENDING
FGA
FGANNDI
FGAFCE
FGACHNEQ
FGASAV / FGAGSAV
FGANKT
FGAKTFW
FGAKTTW
FGACFC
SAVING AND NET LENDING/BORROWING
Net national disposable income
- Final consumption expenditure
+ Adjustment for the change in net equitiy of households in pension funds res.
= Net saving /Gross saving
+ Net capital transfers receivable from the rest of the world
Capital transfers receivable from the rest of the world
Capital transfers payable to the rest of the world
+ Consumption of fixed capital
10/14
FGAGCF
FGANFAN
FGASD2
FGANLTW
- Gross capital formation
- Net acquisitions of non financial non produced assets
+ Statistical discrepancy (SD2 to net lending)
= Net lending to the rest of the world
In EMP
POPULATION AND EMPLOYMENT
POE
POETPOP
POEPEA
POEUNP
POETEMP
POEEME
POESEM
POPULATION AND EMPLOYMENT – National concept
Total population
Population economically active
Unemployed persons
Total employment
Employees
Self-employed
COA
COAAB
COAC_E
COAD
COAF
COAG_I
COAJK
COAL_P
COATOT
COMPENSATION OF EMPLOYEES BY INDUSTRY – A6
Comp. of employees Agriculture, hunting, forestry and fishing
Comp. of employees Mining, manufacturing, electricity, gas and water supply
of which Comp. of employees Manufacturing
Comp. of employees Construction
Comp. of employees Trade, hotels & rest., transport & communications
Comp. of employees Finance, insurance, real estate & business activities
Comp. of employees Other services activities
Compensation of employees, total
COAWSTOT
COAWSAB
COAWSC_E
COAWSD
COAWSF
COAWSG_I
COAWSJK
COAWSL_P
of which Wages and salaries, total
Wages and sal. Agriculture, hunting, forestry and fishing
Wages and sal. Mining, manufacturing, electricity, gas and water supply
of which Wages and sal. Manufacturing
Wages and sal. Construction
Wages and sal. Trade, hotels & rest., transport & communications
Wages and sal. Finance, insurance, real estate & business activities
Wages and sal. Other services activities
EMA
EMATAB
EMATC_E
EMATD
EMATF
EMATG_I
EMATJK
EMATL_P
EMATTOT
EMPLOYMENT BY INDUSTRY – A6 – Domestic concept
Total employment Agriculture, hunting, forestry and fishing
Total employment Mining, manufacturing, electricity, gas and water supply
of which Total employment Manufacturing
Total employment Construction
Total employment Trade, hotels & rest., transport & communications
Total employment Finance, insurance, real estate & business activities
Total employment Other services activities
Total employment
EMAETOT
EMAEAB
EMAEC_E
EMAED
EMAEF
EMAEG_I
EMAEJK
EMAEL_P
of which Total employees
Employees Agriculture, hunting, forestry and fishing
Employees Mining, manufacturing, electricity, gas and water supply
of which Employees Manufacturing
Employees Construction
Employees Trade, hotels & rest., transport & communications
Employees Finance, insurance, real estate & business activities
Employees Other services activities
11/14
EMASTOT
EMASAB
EMASC_E
EMASD
EMASF
EMASG_I
EMASJK
EMASL_P
of which Total self-employment
Self-employment Agriculture, hunting, forestry and fishing
Self-employment Mining, manufacturing, electricity, gas and water supply
Of which Self-employment Manufacturing
Self-employment Construction
Self-employment Trade, hotels & rest., transport & communications
Self-employment Finance, insurance, real estate & business activities
Self-employment Other services activities
In PCE
PRIVATE FINAL CONSUMPTION EXPENDITURE
PCG
PCGHH
PCGCT
PCGDG
PCGSDG
PCGNDG
PCGS
PCGSD
PCGNPA
PCGNPI
PCGTOT
PRIVATE CONSUMPTION EXPENDITURE BY TYPE OF GOOD
Households final consumption expenditure (National Concept)
Households consumption expenditure (Domestic Concept)
Durable goods
Semi-durable goods
Non-durable goods
Services
Residual item
Net purchases abroad
Final consumption expenditure of NPISHs
Private final consumption expenditure
Measure code
The measure code is made of the information contained in the three following elements.
 First element : valuation
C
Current prices
VNB
Constant prices, national base year
LNB
Chained volume estimates, national reference year
VOB
Constant prices, official OECD base/reference year (2000)
DNB
Implicit price deflator, national base year = 100
DOB
Implicit price deflator, official OECD base/reference year (2000) = 100
VIXNB
Volume index, national base year = 100
VIXOB
Volume index, official OECD base year (2000) = 100
CPC
Current prices converted with current PPPs
VPVOB
Constant 2000 prices converted with 2000 PPPs
 Second element : level of the quarterly data
AR
Quarterly data expressed at annual level
QR
Quarterly data expressed at quarterly level
 Third element : seasonal adjustment
SA
Seasonally adjusted quarterly series
 Note that a number of OECD countries produce chained volume estimates and that some countries still
produce volume estimates at fixed constant prices. Consequently volume data can be found under
VNB or LNB type of measure depending on the type of volume estimate published by the country. In
order to obtain all available volume data, both measures should be selected.
DESCRIPTION OF THE MEASURES
12/14
CQRSA
LNBQRSA
VNBQRSA
CARSA
LNBARSA
VNBARSA
VOBARSA
CQR
LNBQR
VNBQR
CAR
VNBAR
LNBAR
DNBSA
DNB
DOBSA
VIXNBSA
VIXOBSA
CPCARSA
VPVOBARSA
PESA
PE
HRSSA
HRS
JOBSA
JOB
FTESA
FTE
Current prices, quarterly levels, s.a.
Chained volume estimates, national reference year, quarterly levels, s.a.
Constant prices, national base year, quarterly levels, s.a.
Current prices, annual levels, s.a.
Chained volume estimates, national reference year, annual levels, s.a.
Constant prices, national reference year, annual levels, s.a.
Constant prices, OECD base/reference year, annual levels, s.a.
Current prices, quarterly levels
Chained volume estimates, national reference year, quarterly levels
Constant prices, national base year, quarterly levels
Current prices, annual levels
Constant prices, national base year, annual levels
Chained volume estimates, national reference year, annual levels
Implicit price deflator, national base year, s.a.
Implicit price deflator, national base year
Implicit price deflator, OECD base year, s.a.
Volume index, national base year, s.a.
Volume index, OECD base year, s.a.
US $, current prices and current PPPs, annual levels, s.a.
US $, constant prices and constant PPPs, OECD base year, annual levels, s.a.
Persons, s.a.
Persons
Hours worked, s.a.
Hours worked
Number of jobs, s.a.
Number of jobs
Full time equivalent, s.a.
Full time equivalent
13/14
ANNEX TWO
Equalities of the SNA shown in the accounts

=
+
+
+
+
+
-
Gross domestic product (GDP)
Private final consumption expenditure
Government final consumption expenditure
Gross fixed capital formation
Changes in inventories
Acquisitions less disposals of valuables
Exports of goods and services
Imports of goods and services

=
+
+
+
Gross domestic product (GDP)
Compensation of employees
Net operating surplus and mixed income
Consumption of fixed capital
Taxes less subsidies on production and imports

=
+
Gross domestic product (GDP)
Total gross value added at basic prices
Financial intermediation services indirectly measured (FISIM)
Taxes less subsidies on products

+
+
=
Net saving
Net capital transfers receivable from the rest of the world
Consumption of fixed capital
Gross capital formation
Net acquisitions of non-produced non-financial assets
Residual item
Net lending to the rest of the world

+
=
=
+
=
Gross domestic product
Net primary incomes receivable from the rest of the world
Gross national income (GNI)
Consumption of fixed capital
Net national income (NNI)
Net current transfers receivable from the rest of the world
Net national disposable income (NNDI)

+
=
+
=
+
=
=
Gross domestic product at constant prices
Trading gains or losses
Real gross domestic income *
Real net primary incomes receivable from the rest of the world
Real gross national income *
Real net current transfers receivable from the rest of the world
Real gross national disposable income *
Consumption of fixed capital
Real net national disposable income *
* Aggregates expressed in real terms are obtained by deflating the current prices series with the
deflator of gross domestic final expenditure.
14/14