Government Production and Consumption; transactions, sectors
Institutional sectors | Transactions and Balancing items | Periods | Government Production and Consumption (million euros) |
---|---|---|---|
Social security funds | P1 Output | 2023* | 5,119 |
Social security funds | P11 Market output | 2023* | 0 |
Social security funds | P12A Own-account capital formation | 2023* | 29 |
Social security funds | P13 Non-marketoutput | 2023* | 5,090 |
Social security funds | P131 Payments for non-market output | 2023* | 0 |
Social security funds | P132 Other non-market output | 2023* | 5,090 |
Social security funds | P2 Intermediate consumption | 2023* | 2,904 |
Social security funds | B1g Gross value added | 2023* | 2,215 |
Social security funds | P51c Consumption of fixed capital | 2023* | 116 |
Social security funds | B1n Net value added | 2023* | 2,099 |
Social security funds | D1 Compensation of employees | 2023* | 2,091 |
Social security funds | D11 Wages and salaries | 2023* | 1,507 |
Social security funds | D12 Employer's social contributions | 2023* | 584 |
Social security funds | D29 Other taxes on production | 2023* | 8 |
Social security funds | D39 Other subsidies on production | 2023* | 0 |
Social security funds | B2n Net operating surplus | 2023* | 0 |
Social security funds | P3 Final consumption expenditure | 2023* | 87,887 |
Social security funds | P31 Individual final consumption expen.. | 2023* | 87,887 |
Social security funds | D631 Transfers in kind non-market produc | 2023* | 5,090 |
Social security funds | D632 Social transfers in kind via mark.. | 2023* | 82,797 |
Social security funds | P32 Collective final consumption expen.. | 2023* | 0 |
Source: CBS. |
Table explanation
This table contains information on the output and final consumption expenditure of the general government. The general government output is determined from the production costs, which consist of compensation of employees, intermediate consumption, consumption of fixed capital, other taxes on production (payable) and other subsidies on production (receivable). Please note that the subsidies are denoted with a negative sign, as subsidies reduce production costs.
General government output is predominantly comprised of non-market output that is provided for free. To a lesser extent, output of the general government is also sold on the market, used as output for own final use, or provided to the market as non-market output at prices that are not economically significant.
The final consumption expenditure of the general government can be broken down into an individual and collective component. The individual consumption expenditure is equal to the social transfers in kind, which are individual goods and services supplied to individual households for free or at prices that are not economically significant, either produced as non-market output or purchased from market producers. The collective consumption expenditure are the costs associated with providing collective goods and services to society, or large parts of it, as a whole.
The terms and definitions used are in accordance with the framework of the National Accounts. The National Accounts are based on the international definitions of the European System of Accounts (ESA 2010). The time of recording is in congruence with the accrual principle. Small temporary differences with publications of National Accounts may occur due to the fact that government finance statistics are sometimes more up to date.
Data available from:
Yearly figures from 1995.
Status of the figures:
The figures for the period 1995-2022 are final. The figures for 2023 are provisional.
Changes as of 24 June 2024:
Annual figures for year 2023 are available.
The annual figures for 2022 are now final.
In the context of the revision policy of National accounts, the annual figures from 1995 have been revised.
When will new figures be published?
Yearly figures are published six months after the end of the year concerned.
These yearly figures are revised eighteen months after the end of the year concerned. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the most actual figures.
More information on the revision policy of National Accounts can be found under 'relevant articles' under paragraph 3.
Description topics
- Government Production and Consumption
- The general government output (P1) is determined from the production costs, which consist of compensation of employees (D1), intermediate consumption (P2), consumption of fixed capital (P51c), other taxes on production (D29, payable), other subsidies on production (D39, receivable) and the net operating surplus (B2n). Please note that the subsidies are denoted with a negative sign, as subsidies reduce production costs. Furthermore, the net operating surplus (B2n) of the general government is always equal to zero:
P1 = D1 + P2 + P51c + D29 (payable) + D39 (receivable) + B2n
General government output (P1) is predominantly comprised of non-market output that is provided for free (P132). To a lesser extent, output of the general government is also sold on the market (P11), used as output for own final use (P12), or provided to the market as non-market output at prices that are not economically significant (P131):
P1 = P11 + P12 + P131 + P132
The final consumption expenditure of the general government (P3) can be broken down into an individual (P31) and collective component (P32):
P3 = P31 + P32
The individual consumption expenditure (P31) is equal to the social transfers in kind, which are individual goods and services supplied to individual households for free or at prices that are not economically significant, either produced as non-market output (D631) or purchased from market producers (D632):
P31 = D631 + D632
The collective consumption expenditure (P32) are the costs associated with providing collective goods and services to society, or large parts of it, as a whole. In other words, this is the part of the non-market output that is provided for free (P132), which does not pertain to individual consumption expenditure (D631):
P132 = D631 + P32
The relevant balancing items for the output and final consumption expenditure of the general government are as follows:
B1n (Value added, net) = D1 + D29 (payable) + D39 (receivable) + B2n
B1g (Value added, gross) = P1 – P2 = B1n + P51c