Sector accounts; current transactions by sectors 1969- q4 2013

Sector accounts; current transactions by sectors 1969- q4 2013

Sectors Periods Resources Compensation of employees Total (mln euro) Resources Compensation of employees Wages and salaries (mln euro) Resources Compensation of employees Employers’ social contributions (mln euro) Resources Property income Reinvested earnings on foreign investm. (mln euro) Uses Compensation of employees Total (mln euro) Uses Compensation of employees Wages and salaries (mln euro) Uses Compensation of employees Employers’ social contributions (mln euro) Uses Property income Reinvested earnings foreign investment (mln euro)
Total economy 2013* 304,545 234,964 69,581 -10,905 310,505 239,486 71,019 19,046
Non-financial corporations 2013* - - - 1,692 213,324 166,978 46,346 3,191
Financial corporations 2013* - - - -12,597 17,025 12,547 4,478 15,855
Monetary financial institutions 2013* - - - 242 7,786 5,595 2,191 201
Other financial institutions 2013* - - - -12,839 4,839 3,755 1,084 15,629
Insurance corporations and pension funds 2013* - - - - 4,400 3,197 1,203 25
General government (consolidated) 2013* - - - - 57,474 42,172 15,302 -
Central government (consolidated) 2013* - - - - 20,940 15,029 5,911 -
Local government (consolidated) 2013* - - - - 34,978 25,970 9,008 -
Social security funds (consolidated) 2013* - - - - 1,556 1,173 383 -
General government 2013* - - - - 57,474 42,172 15,302 -
Central government 2013* - - - - 20,940 15,029 5,911 -
Local government 2013* - - - - 34,978 25,970 9,008 -
Social security funds 2013* - - - - 1,556 1,173 383 -
Households including NPISH 2013* 304,545 234,964 69,581 - 22,682 17,789 4,893 -
Households 2013* 304,545 234,964 69,581 - 20,115 15,713 4,402 -
NPI serving households 2013* - - - - 2,567 2,076 491 -
Rest of the world 2013* 6,949 5,325 1,624 19,046 989 803 186 -10,905
Source: CBS.
Explanation of symbols

Table explanation


This table provides an overview of the non-financial transactions of the institutional sectors of the Dutch economy, distinguishing between uses and resources. Non-financial transactions consist of current transactions and transactions from the capital account. Furthermore, this table provides the main balancing items of the (sub)sectors.
Non-financial transactions are estimated for the main institutional sectors of the economy and the rest of the world. The main institutional sectors of the economy are non-financial corporations, financial corporations, general government, households and non-profit institutions serving households. A breakdown into subsectors is provided for financial corporations and general government sectors.

Data available from:
Years from 1969 to 2013
Quarters from first quarter 2005 to fourth quarter 2013.

Status of the figures:
The figures concerning 2011, 2012, 2013 and 2014 are (revised) provisional. Because this table is discontinued, figures will not be updated anymore.

Changes as of June 25th 2014:
None, this table is discontinued.

When will new figures be published?
Not applicable anymore.
This table is replaced by table Sector accounts; current transactions by sectors. See paragraph 3.

Description topics

Resources
Revenue of institutional sectors.
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 broken down into 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 extras (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 (of which 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.
Total
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 broken down into 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 extras (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 (of which 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.
Wages and salaries
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 extras (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
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 (of which 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.
Property income
Property income is the income receivable by the owner of a financial asset or a tangible non-produced asset in return for providing funds to, or putting the tangible non-produced asset at the deposal of, another institutional unit.
Property income consists of: interest, distributed income of corporations (dividends and withdrawals from income of quasi-corporations), reinvested earnings on direct foreign investments, property income attributed to insurance policy holders and rents on land and subsoil assets.
Reinvested earnings on foreign investm.
Reinvested earnings on direct foreign investment
The part of the profit of a foreign subsidiary that is not paid as dividends to the parent company. On the financial account this return on foreign direct investment are returned in the form of the purchase of shares. If the dividends paid is greater than the profit earned in a period, this means that the retained earnings on foreign direct investment are negative.

Reinvested earnings on direct foreign investment are equal to:
operating surplus of the direct foreign investment enterprise.
plus:  property income and current transfers receivable.
minus:  property income and current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on income and wealth of the direct foreign investment enterprise.

Uses
Expenditure by institutional sectors.
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 classified in 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 extras (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 (of which 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.
Total
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 classified in 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 extras (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 (of which 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.
Wages and salaries
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 extras (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
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 (of which 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.
Property income
Property income is the income receivable by the owner of a financial asset or a tangible non-produced asset in return for providing funds to, or putting the tangible non-produced asset at the deposal of, another institutional unit.
Property income consists of: interest, distributed income of corporations (dividends and withdrawals from income of quasi-corporations), reinvested earnings on direct foreign investments, property income attributed to insurance policy holders and rents on land and subsoil assets.
Reinvested earnings foreign investment
Reinvested earnings on direct foreign investment
The part of the profit of a foreign subsidiary that is not paid as dividends to the parent company. On the financial account this return on foreign direct investment are returned in the form of the purchase of shares. If the dividends paid is greater than the profit earned in a period, this means that the retained earnings on foreign direct investment are negative.

Reinvested earnings on direct foreign investment are equal to:
operating surplus of the direct foreign investment enterprise.
plus:  property income and current transfers receivable.
minus:  property income and current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on income and wealth of the direct foreign investment enterprise.