Transactions (cells)

Description

SNA Code

T(f,a)

Compensation of factors of production3

consists of the income of the institutional sectors originating from the compensation of employees and the compensation of employers and own account (or self-employed) workers, as well as the compensation of capital, including property income

D1 D4

B2g B3g

T(f,rw)

T(dic,f)

T(rw,f)

T(a,p)

Production (basic prices) represents the output of goods and services

P1

T(p,a)

Intermediate consumption (purchasers’ prices)

consists of the value of the goods and services consumed as inputs of the process of production, excluding those fixed assets whose consumption is recorded as consumption of fixed capital

P2

T(p,p)

Trade and transport margins

amount to zero and, when it is disaggregated and takes the form of a submatrix, it allocates the output of the trade and transport services used in the domestic trade to the supplied products

T(p,dic)

Final consumption (purchasers’ prices)

consists of the expenditure incurred by resident institutional units on goods or services which are used for the direct satisfaction of individual needs or wants, or the collective needs of members of the community

P3

T(p,dik)

Gross capital formation (purchasers’ prices)

includes gross fixed capital formation, changes in inventories, and acquisitions less disposals of valuables

P5

T(p,rw)

Exports (purchasers’ prices)

include the transactions in goods and services from residents to non-residents

P6

(part of) T(rw,p)

Imports (purchasers’ prices)

include the transactions in goods and services from non-residents to residents

P7

T(dic,p)

Net taxes on products

represent the taxes on products minus the subsidies on products

D21-D31

(part of) T(rw,p)

T(dic,a)

Net taxes on production

represent the (other) taxes on production minus the (other) subsidies to production

D29-D39

T(rw,a)

T(dic,dic)

Current transfers4

include: current taxes on income, wealth, etc.; net social contributions; social benefits other than social transfers in kind; other current transfers, and; the adjustment made for the change in pension entitlements

D5 D61 D62 D7 D8

T(dic,rw)

T(rw,dic)

T(dik,dik)

Capital transfers

include: capital taxes; investment grants; and other capital transfers

D91

T(dik,rw)

D92

T(rw,dik)

D99

T(dik,dic)

Gross saving

measures the portion of aggregate income that is not used for final consumption expenditure and current transfers to domestic institutions or to the rest of the world

B8g

T(dif,dik)

Net lending(+)/borrowing(−)

the net lending or borrowing of the total economy is the sum of the net lending or borrowing of the institutional sectors

B9

T(dif,dif)

Financial transactions

include: monetary gold and special drawing rights; currency and deposits; debt securities; loans; equity and investment fund shares or units; insurance, pension and standardised guarantee schemes; financial derivatives and employee stock options; and other accounts receivable/payable

F1

to F8

T(dif,rw)

T(rw,dif)