General government revenue and expenditure by quarter

Producer: Statistics Finland
Homepage: http:// www.stat.fi/til/jtume/index_en.html
Main topic: Government Finance
Related topics: National Accounts
Official Statistics of Finland (OSF): Yes
European Statistical System (ESS): Yes

Description

The statistics describe quarterly data on the revenue and expenditure of general government. The statistics are derived statistics according to the national accounts, that is, statistics consistent with the national accounts derived from sector-specific basic statistics. The statistics were established to develop economic monitoring of general government for timely and reliable measuring of the public sector required by the EU's Stability and Growth Pact and the European Central Bank ECB.

Data content

Quarterly time series on the revenue and expenditure of general government by sector in accordance with the European System of Accounts. Transactions within general government are consolidated as concerns property income, property expenditure, other current transfers and capital transfers. Sectors • S13 General government • S1311 Central government • S1313 Local government • S13141 Employee pension schemes • S13149 Other social security funds Income • D2R Taxes on production and imports, receivable • D29R Other taxes on production • D4R Property income • D41R Interest, receivable (FISIM-adjusted) • D411R Actual interest, receivable • D5R Current taxes on income, property and other direct taxes, receivable • D61R Social contributions, receivable • D7R Other current transfers, receivable • D9R Capital transfers, receivable • D91R Capital taxes, receivable • P11R Market output • P12R Output for own final use • P131R Sales of non-market products • OTRR Total income Expenditure • D1K Compensation of employees, payable • D29R Other taxes on production • D3K Subsidies • D4K Property expenditure • D41R Interest, payable (FISIM-adjusted) • D411R Actual interest, payable • D5R Current taxes on income, property and other direct taxes, payable • D62K Social benefits other than social transfers in kind, payable • D63K Social transfers in kind, payable • D631K Social benefits in kind, payable • D7K Other current transfers, payable • D73K Current transfers within general government • D9K Capital transfers, payable • D92K Investment grants, payable • D99K Other capital transfers • NP1K Net acquisitions of natural resources • P2K Intermediate consumption • P5K Gross fixed capital formation • OTEK Total expenditure

Balancing items • B8GT Savings, gross • B9T Net lending (+) / net borrowing • P3K Consumption expenditure Other items • C51CR Consumption of fixed capital

Classifications used

The classifications used in these statistics are based on the 2010 European System of Accounts (ESA 2010). The used classifications are the Classification of Sectors and the classification of transactions.

Data collection methods and data sources

The compilation utilises various statistics describing economic development that are produced by Statistics Finland and other institutes and organisations. The statistics are derived from basic statistics according to the European System of Accounts classifications, definitions and methodology.

Data collections

Updating frequency

Quarterly.

Time of completion or release

Within less than three months from the end of each quarter.

Time series

The time series of the statistics start from the year 1999.

Keywords

central government finance, expenditure, general government, general government expenditure, government expenditure, government finance, income, municipal finances, public sector, social security contributions, social security funds, tax revenue, taxation

Contact information

http://tilastokeskus.fi/til/jtume/yht_en.html


Last updated 30.09.2014