Current transactions by sectors; National Accounts
Institutional sectors | Not Consolidated or Consolidated | Periods | Resources Output Output produced for own final use Total (million euros) | Resources Output Output produced for own final use Own-account capital formation (million euros) | Resources Output Output produced for own final use Products retained for own consumption (million euros) | Resources Output Non-market output Payments for non-market output (million euros) | Resources Property income Interest Interest before correction for FISIM (million euros) | Resources Property income Reinvested earnings on foreign investm. (million euros) | Uses Property income Interest Interest before correction for FISIM (million euros) | Uses Property income Reinvested earnings on foreign investm. (million euros) | Uses Gross capital formation Total (million euros) | Uses Gross capital formation Gross fixed capital formation Total (million euros) | Uses Gross capital formation Gross fixed capital formation Consumption of fixed capital (million euros) | Uses Gross capital formation Gross fixed capital formation Net fixed capital formation (million euros) | Balancing items Gross profits before taxes (mln euro) | Balancing items Net profits before taxes (mln euro) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total domestic sectors | Not consolidated | 2024 1st quarter* | 19,572 | 5,766 | 13,806 | 3,755 | 55,511 | 9,221 | 48,668 | 22,265 | 52,546 | 55,253 | 43,988 | 11,265 | . | . |
Total domestic sectors | Consolidated | 2024 1st quarter* | 19,572 | 5,766 | 13,806 | 3,755 | 27,041 | 9,221 | 20,198 | 22,265 | 52,546 | 55,253 | 43,988 | 11,265 | . | . |
The non-financial corporations sector | Not consolidated | 2024 1st quarter* | 2,755 | 2,755 | 8,852 | 4,705 | 10,566 | 15,752 | 25,029 | 27,514 | 23,587 | 3,927 | 91,073 | 67,486 | ||
The non-financial corporations sector | Consolidated | 2024 1st quarter* | 2,755 | 2,755 | 5,994 | 4,705 | 7,708 | 15,752 | 25,029 | 27,514 | 23,587 | 3,927 | 87,528 | 63,941 | ||
Financial corporations | Not consolidated | 2024 1st quarter* | 494 | 494 | 42,456 | 4,572 | 26,825 | 6,513 | 1,162 | 1,162 | 1,458 | -296 | 34,155 | 32,697 | ||
Financial corporations | Consolidated | 2024 1st quarter* | 494 | 494 | 36,105 | 4,572 | 20,474 | 6,513 | 1,162 | 1,162 | 1,458 | -296 | 32,726 | 31,268 | ||
Monetary financial institutions | Not consolidated | 2024 1st quarter* | 367 | 367 | 21,145 | 797 | 15,054 | 168 | 713 | 713 | 625 | 88 | 5,775 | 5,150 | ||
Monetary financial institutions | Consolidated | 2024 1st quarter* | 367 | 367 | 17,929 | 797 | 11,838 | 168 | 713 | 713 | 625 | 88 | 5,775 | 5,150 | ||
Central bank | Not consolidated | 2024 1st quarter* | 0 | 0 | 3,077 | 0 | 3,102 | 4 | 4 | 10 | -6 | -3 | -13 | |||
Central bank | Consolidated | 2024 1st quarter* | 0 | 0 | 3,077 | 0 | 3,102 | 4 | 4 | 10 | -6 | -3 | -13 | |||
Deposit-taking corporations and MMFs | Not consolidated | 2024 1st quarter* | 367 | 367 | 18,068 | 797 | 11,952 | 168 | 709 | 709 | 615 | 94 | 5,778 | 5,163 | ||
Deposit-taking corporations and MMFs | Consolidated | 2024 1st quarter* | 367 | 367 | 17,987 | 797 | 11,871 | 168 | 709 | 709 | 615 | 94 | 5,778 | 5,163 | ||
Other financial institutions | Not consolidated | 2024 1st quarter* | 56 | 56 | 14,740 | 3,774 | 11,602 | 6,227 | 295 | 295 | 465 | -170 | 25,201 | 24,736 | ||
Other financial institutions | Consolidated | 2024 1st quarter* | 56 | 56 | 14,521 | 3,774 | 11,383 | 6,227 | 295 | 295 | 465 | -170 | 25,063 | 24,598 | ||
Non-MMF investment funds | Not consolidated | 2024 1st quarter* | 6 | 6 | 1,496 | 29 | 71 | 52 | 52 | 163 | -111 | 318 | 155 | |||
Non-MMF investment funds | Consolidated | 2024 1st quarter* | 6 | 6 | 1,481 | 29 | 56 | 52 | 52 | 163 | -111 | 318 | 155 | |||
Other fin. inst. excl. investment funds | Not consolidated | 2024 1st quarter* | 50 | 50 | 13,244 | 3,745 | 11,531 | 6,227 | 243 | 243 | 302 | -59 | 24,883 | 24,581 | ||
Other fin. inst. excl. investment funds | Consolidated | 2024 1st quarter* | 50 | 50 | 13,116 | 3,745 | 11,403 | 6,227 | 243 | 243 | 302 | -59 | 24,876 | 24,574 | ||
Financial intermediaries and auxiliaries | Not consolidated | 2024 1st quarter* | 50 | 50 | 2,372 | 642 | 2,622 | 381 | 243 | 243 | 302 | -59 | 3,063 | 2,761 | ||
Financial intermediaries and auxiliaries | Consolidated | 2024 1st quarter* | 50 | 50 | 2,246 | 642 | 2,496 | 381 | 243 | 243 | 302 | -59 | 3,056 | 2,754 | ||
Other financial intermediaries | Not consolidated | 2024 1st quarter* | 6 | 6 | 1,872 | -25 | 1,916 | 95 | 139 | 139 | 119 | 20 | 54 | -65 | ||
Other financial intermediaries | Consolidated | 2024 1st quarter* | 6 | 6 | 1,756 | -25 | 1,800 | 95 | 139 | 139 | 119 | 20 | 47 | -72 | ||
Financial auxiliaries | Not consolidated | 2024 1st quarter* | 44 | 44 | 500 | 667 | 706 | 286 | 104 | 104 | 183 | -79 | 3,009 | 2,826 | ||
Financial auxiliaries | Consolidated | 2024 1st quarter* | 44 | 44 | 495 | 667 | 701 | 286 | 104 | 104 | 183 | -79 | 3,009 | 2,826 | ||
Captive institutions and money lenders | Not consolidated | 2024 1st quarter* | 0 | 0 | 10,872 | 3,103 | 8,909 | 5,846 | 0 | 0 | 0 | 0 | 21,820 | 21,820 | ||
Captive institutions and money lenders | Consolidated | 2024 1st quarter* | 0 | 0 | 10,872 | 3,103 | 8,909 | 5,846 | 0 | 0 | 0 | 0 | 21,820 | 21,820 | ||
Insurance corporations and pension funds | Not consolidated | 2024 1st quarter* | 71 | 71 | 6,571 | 1 | 169 | 118 | 154 | 154 | 368 | -214 | 3,179 | 2,811 | ||
Insurance corporations and pension funds | Consolidated | 2024 1st quarter* | 71 | 71 | 6,570 | 1 | 168 | 118 | 154 | 154 | 368 | -214 | 3,179 | 2,811 | ||
Insurance corporations | Not consolidated | 2024 1st quarter* | 63 | 63 | 1,399 | 1 | 85 | 118 | 123 | 123 | 295 | -172 | 1,663 | 1,368 | ||
Insurance corporations | Consolidated | 2024 1st quarter* | 63 | 63 | 1,398 | 1 | 84 | 118 | 123 | 123 | 295 | -172 | 1,663 | 1,368 | ||
Pension funds | Not consolidated | 2024 1st quarter* | 8 | 8 | 5,172 | 0 | 84 | 31 | 31 | 73 | -42 | 1,516 | 1,443 | |||
Pension funds | Consolidated | 2024 1st quarter* | 8 | 8 | 5,172 | 0 | 84 | 31 | 31 | 73 | -42 | 1,516 | 1,443 | |||
General government | Not consolidated | 2024 1st quarter* | 2,007 | 2,007 | 3,699 | 1,225 | -56 | 2,754 | 0 | 7,818 | 8,068 | 7,817 | 251 | . | . | |
General government | Consolidated | 2024 1st quarter* | 2,007 | 2,007 | 3,699 | 450 | -56 | 1,979 | 0 | 7,818 | 8,068 | 7,817 | 251 | . | . | |
Central government | Not consolidated | 2024 1st quarter* | 1,634 | 1,634 | 1,647 | 562 | -56 | 2,424 | 0 | 3,571 | 3,823 | 3,855 | -32 | . | . | |
Central government | Consolidated | 2024 1st quarter* | 1,634 | 1,634 | 1,647 | 436 | -56 | 2,298 | 0 | 3,571 | 3,823 | 3,855 | -32 | . | . | |
Local government | Not consolidated | 2024 1st quarter* | 366 | 366 | 2,052 | 322 | 0 | 293 | 0 | 4,213 | 4,211 | 3,930 | 281 | . | . | |
Local government | Consolidated | 2024 1st quarter* | 366 | 366 | 2,052 | 307 | 0 | 278 | 0 | 4,213 | 4,211 | 3,930 | 281 | . | . | |
Social security funds | Not consolidated | 2024 1st quarter* | 7 | 7 | 0 | 341 | 0 | 37 | 0 | 34 | 34 | 32 | 2 | . | . | |
Social security funds | Consolidated | 2024 1st quarter* | 7 | 7 | 0 | 341 | 0 | 37 | 0 | 34 | 34 | 32 | 2 | . | . | |
Households including NPISHs | Not consolidated | 2024 1st quarter* | 14,316 | 510 | 13,806 | 56 | 2,978 | 0 | 8,523 | 18,537 | 18,509 | 11,126 | 7,383 | . | . | |
Households including NPISHs | Consolidated | 2024 1st quarter* | 14,316 | 510 | 13,806 | 56 | 2,978 | 0 | 8,523 | 18,537 | 18,509 | 11,126 | 7,383 | . | . | |
Households | Not consolidated | 2024 1st quarter* | 14,309 | 503 | 13,806 | 2,945 | 0 | 8,507 | 18,468 | 18,447 | 11,071 | 7,376 | ||||
Households | Consolidated | 2024 1st quarter* | 14,309 | 503 | 13,806 | 2,945 | 0 | 8,507 | 18,468 | 18,447 | 11,071 | 7,376 | ||||
Non-profit institutions serv. households | Not consolidated | 2024 1st quarter* | 7 | 7 | 56 | 33 | 0 | 16 | 69 | 62 | 55 | 7 | . | . | ||
Non-profit institutions serv. households | Consolidated | 2024 1st quarter* | 7 | 7 | 56 | 33 | 0 | 16 | 69 | 62 | 55 | 7 | . | . | ||
Rest of the world | Not consolidated | 2024 1st quarter* | 20,198 | 22,265 | 27,041 | 9,221 | ||||||||||
Rest of the world | Consolidated | 2024 1st quarter* | 20,198 | 22,265 | 27,041 | 9,221 | ||||||||||
Source: CBS. |
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.
Sectors are presented both consolidated and non-consolidated.
Data available from:
Annual figures from 1995.
Quarterly figures from first quarter 1999.
Status of the figures:
Annual figures from 1995 up to and including 2022 are final. Quarterly data from 2022 are provisional.
Adjustment as of July 12th 2024:
Total consolidated resources and uses are adjusted for most sectors, due to a calculation error. For the sector rest of the world, the non-consolidated total resources and uses have also been adjusted. Imports and exports of goods and services were wrongly not included in the total resources and uses. For the sectors non-financial corporations and financial corporations, capital taxes (uses) were wrongly shown as empty cell (figure not applicable).
When will new figures be published?
Annual figures:
The first annual data are published 85 day after the end of the reporting year as the sum of the four quarters of the year. Subsequently provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year. Furthermore the financial accounts and stocks are annually revised for all reporting periods. These data are published each year in June.
Quarterly figures: The first quarterly estimate is available 85 days after the end of each reporting quarter. The first quarter may be revised in September, the second quarter in December. Should further quarterly information become available thereafter, the estimates for the first three quarters may be revised in March. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures.
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 latest figures. Revised yearly figures are published in June each year.
Description topics
- Resources
- Resources are transactions add to the economic value of sectors.
- Output
- The ensemble of goods and services produced. Also called production. Three types of output are distinguished:
- market output: goods and services sold at a market or intended for sale at a market
- the own-account production of all goods that are retained by their producers for their own final consumption or gross fixed capital formation.
- non-market output: goods and services delivered for free or at economically non-significant prices to other units
Output is valued at basic prices. These are the prices experienced by the producers: product-related taxes have been subtracted from the original prices, subsidies haven been added to them. Costs of transportation, when charged separately by the producer, are not included. Changes in the values of financial and non-financial assets during the reference period are not included either.
Included is the output by all kind-of-activity units residing in the Netherlands, including those that are held by foreign owners. The kind-of-activity units include general government units and other non-commercial units.- Output produced for own final use
- Output produced for own final use consists of goods or services that are retained either for own final consumption or for capital formation by the same institutional unit.
- Total
- Own-account capital formation
- Output of gross fixed capital formation by the same institutional unit.
Examples of products used for own gross fixed capital formation:
- special tools or machines;
- dwellings, or extensions of dwellings, which are produced by households.
- Products retained for own consumption
- Products retained for own final consumption can only be produced by the households sector. Examples of products retained for own final consumption include:
- agricultural products retained by farmers;
- dwelling services produced by owner-occupiers;
- household services produced by employing paid staff.
- Non-market output
- Non-market output is output that is provided to other units for free, or at prices that are not economically significant. Non-market output is subdivided into two items: 'Payments for non-market output', which consists of various fees and charges, and 'Non-market output, other', which is output provided for free.
Non-market output is produced for the following reasons.
- It may be technically impossible to make individuals pay for collective services because their consumption of such services cannot be monitored and controlled. The production of collective services is organized by government units and financed out of funds other than receipts from sales, namely taxation or other government incomes.
- Government units and NPISHs may also produce and supply goods or services to individual households for which they could charge but choose not to do so as a matter of social or economic policy. Examples are the provision of education or health services, for free or at prices that are not economically significant.- Payments for non-market output
- Payments for non-market output is output that is provided to other units at prices that are not economically significant.
Non-market output is produced for the following reasons.
- It may be technically impossible to make individuals pay for collective services because their consumption of such services cannot be monitored and controlled. The production of collective services is organized by government units and financed out of funds other than receipts from sales, namely taxation or other government incomes.
- Government units and NPISHs may also produce and supply goods or services to individual households for which they could charge but choose not to do so as a matter of social or economic policy. Examples are the provision of education or health services, for free or at prices that are not economically significant.
- 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.
- Interest
- Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
- Interest before correction for FISIM
- Actual interest is the interest imputed to the period for which the underlying claim or debt exists. This deviates from the concept of interest in the national accounts. In the concept of interest in the national accounts, the actual interest is corrected for imputed bank services.
- Reinvested earnings on foreign investm.
- Reinvested earnings on foreign direct investment are equal to the operating surplus of the foreign direct investment enterprise
plus any property incomes or current transfers receivable, minus any property incomes or current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on the income, wealth, etc., of the foreign direct investment enterprise.
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.
- Uses
- Uses are transactions appear which deduces the economic value of sectors.
- 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.
- Interest
- Interest is imputed to the period for which the underlying claim or debt exists. The actual interest payments or receipts are corrected for imputed bank services. Therefore there is a shift from actual interest payments and receipts to the production or the consumption of bank services. For producers of imputed bank services this means a decrease of the received interest and an increase of the paid interest with respect to the actual interest flows. For the consumers of imputed bank services this means an increase of received interest and a decrease of paid interest, compared with the actual interest flows.
- Interest before correction for FISIM
- Actual interest is the interest imputed to the period for which the underlying claim or debt exists. This deviates from the concept of interest in the national accounts. In the concept of interest in the national accounts, the actual interest is corrected for imputed bank services.
- Reinvested earnings on foreign investm.
- Reinvested earnings on foreign direct investment are equal to the operating surplus of the foreign direct investment enterprise
plus any property incomes or current transfers receivable, minus any property incomes or current transfers payable, including actual remittances to foreign direct investors and any current taxes payable on the income, wealth, etc., of the foreign direct investment enterprise.
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.
- Gross capital formation
- Capital formation consists of capital formation in fixed assets and changes in inventories including valuables.
- Total
- Gross fixed capital formation
- Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.
The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licenses.- Total
- Consumption of fixed capital
- The decline in value of fixed assets owned, as a result of normal wear and tear and obsolescence.
For the estimation of the consumption of fixed capital the perpetual inventory method (PIM) is applied. The capital stock at the beginning of the year is brought to replacement value because of price changes. The fixed capital formation during the year is added to this capital stock. Next it is diminished with the value of capital goods discarded. This gives to value of capital stock at the end of the year. The consumption of fixed obtained by applying a depreciation percentage.
This method may differ considerably from the method used to calculate depreciation in business accounts, which is based on historical costs or fiscal life span.
- Net fixed capital formation
- Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.
The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licenses.
- Balancing items
- A balancing item is obtained by subtracting the total value of the entries on one side of an account from the total value on the other side.
- Gross profits before taxes
- The gross profits before taxes of non-financial corporations is calculated as follows:
Gross operating surplus
plus property income (interest, dividends, etc.) received
minus interest paid
minus rent paid
- Net profits before taxes
- The net profits before taxes of non-financial corporations is calculated as follows:
Gross operating surplus
plus property income (interest, dividends, etc.) received
minus interest paid
minus rent paid
minus consumption of fixed capital