Quarterly national accounts; changes 1988 -q1 2014

Table explanation

Description topics

Production approach to GDP

The composition of GDP from the value added of all economic activities is
provided in this part.
Gross domestic product at market prices (GDP) is calculated as follows:
total value added at basic prices of industries
plus: balance of taxes and subsidies on products
plus:
VAT, taxes on imports, subsidies on re-exports cannot be attributed to
individual industries. Therefore, GDP at market prices cannot be broken
down completely by industry.

Gross value added at basic prices

Gross value added at basic prices of all economic activities.
Value added at basic prices by industry is equal to the difference between
output (basic prices) and intermediate consumption (purchaser prices).
Economic activities are classified conform the standard industrial
classification 2008 (NACE Rev. 2)used by the National Accounts.

Total

Gross value added at basic prices of all economic activities.
Value added at basic prices by industry is equal to the difference between
output (basic prices) and intermediate consumption (purchaser prices).
Economic activities are classified conform the standard industrial
classification 2008 (NACE Rev. 2)used by the National Accounts.

Additional details

The additional details of some variables in the previous parts of this
table are being given in this section.

Consumption expenditure

More specific details of the final consumption expenditure are provided
in part of the table.
There are two classification for the consumption expenditure concept: the
expenditure classification and the acquisition classification.
The expenditure classification refers to expenditure on consumption goods.
In contrast the acquisition classification refers to the acquisition of
consumption goods and services. The difference between these concepts lies
in the treatment of certain goods and services financed by the government
or NPI households but supplied to households as social transfers in kind.
By convention, all final consumption expenditure by NPI households and
most of the final consumption expenditure by the government in the field
of education, health, social security and welfare, sport and recreation
and culture are treated as individual consumption.
I. The expenditure classification of final consumption:
This classification focuses on the expenses for consumption goods and
services. The total final consumptions is divided to sectors which
actually financed the consumption expenditures.
Classification scheme:
Total final consumption expenditure=
Consumption expenditure by households and by NPI households=
Consumption expenditure by households plus
Consumption expenditure by NPI households
Consumption expenditure by general government=
Collective consumption by general government plus
Individual consumption by general government
II. The acquisition classification of final consumption:
This classification focuses on the acquisition of consumption goods and
services. The total final consumption is divided to groups which have
acquired the consumption goods and services: individuals or the
collective.
Classification scheme:
Total final consumption expenditure=
Actual individual consumption=
Consumption expenditure by households
Consumption expenditure by NPI households
Individual consumption by general government
Actual collective consumption

Expenditure classification

The expenditure classification of final consumption:
This classification focuses on the expenses for consumption goods and
services. The total final consumptions is divided to sectors which
actually financed the consumption expenditures.
Classification scheme:
Total final consumption expenditure=
Consumption expenditure by households and by NPI households=
Consumption expenditure by households plus
Consumption expenditure by NPI households
Consumption expenditure by general government=
Collective consumption by general government plus
Individual consumption by general government.

Consumption by households

Final consumption expenditure by households and by Non-Profit Institutions
Final consumption expenditure by households includes the following
borderline cases:
- income in kind like accommodation, food, clothing etc.
- services of dwellings, which are occupied by the owners themselves and
without any actual rent payments. These services are valued by applying
the rents of similar dwellings.
- goods and services produced for own use, as in agriculture.
The value of these products is calculated by applying the market prices
for similar products.
- durable consumption goods such as private cars, household appliances,
furniture and clothing. However, the purchases of dwellings by households
are not seen as final consumption, but as fixed capital formation by
households.
The detailed data on consumption of households concern private domestic
consumption expenditure. This includes final consumption in the
Netherlands by residents and non-residents. Final consumption by
households can be calculated by deducting from private domestic
consumption expenditure the final consumption by non-residents in the
Netherlands (registered as exports) and adding final consumption by
households in the rest of the world (registered as imports).
Final consumption expenditure by NPI households
Final consumption expenditure by NPI households consists of all the
non-market output of this sector excluding the own account capital
formation.

Consumption of goods

Consumption of goods by households and NPI households.

Other goods

Consumption of other goods by households and NPI households.

Motor fuel and other goods

Consumption of motor fuels and other goods by households and
NPI households.

Exports by groups of products

Details of exports of goods and services by groups of products.

Coke, petroleum products and other fuel

Exports of coke, petroleum products and other fuel.

Imports by groups of products

Details of imports of goods and services by groups of products.
On the macro level imports of goods is valued free on board (fob)at the
border of the exporting country. The transition from valuation of imported
goods at cif to fob consists of:
- a cif/fob adjustment of the transport costs abroad of Dutch freighters.
Total imports (goods) and exports (services) are reduced by the same
amount.
- a cif/fob reclassification of the transport costs abroad of foreign
freighters, from imports of goods to imports of services.
It leaves total imports and total exports unchanged.
Imports of goods are goods intended for residents, which are imported from
abroad into the Dutch economic territory.
Included in imports of goods are raw materials, semimanufactured products,
fuels and final products. Also included are imported goods, which are
re-exported without undergoing any processing.
Imports of services include among other things the expenditures
abroad by Dutch tourists, inhabitants of the border area and
diplomats.

Coke, petroleum products and other fuel

Imports of coke, petroleum products and other fuel.