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Capital transfers

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Capital transfers are different from current transfers in that they involve the acquisition or disposal of an asset, or assets, by at least one of the parties to the transaction. Regardless of wheth…

Compensation of employees

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Compensation of employees (D.1) is defined as the total remuneration, in cash or in kind, payable by an employer to an employee in return for work done by the latter during the accounting period.

ESA95

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ESA95 manual on government deficit and debt, the updated manual on the European system of national and regional accounts.

General government total expenditure

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General government total expenditure describes the sum of general government's expenditure type. Consolidated expenditure excludes property expenditure, income transfers and capital transfers be…

Gross fixed capital formation

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Gross fixed capital formation consists of resident producers' acquisitions, less disposals, of fixed assets. Fixed assets are tangible or intangible assets produced as outputs from processes of …

Intermediate consumption

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Intermediate consumption consists of the value of the goods and services consumed as inputs by a process of production, excluding fixed assets whose consumption is recorded as consumption of fixed ca…

Other current transfers

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Other current transfers (D.7) include:

Net non-life insurance premiums (D.71)
These are premiums payable under policies taken out by institutional units. They comprise both the actual prem…

Property expenditure and income

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Property expenditure and income (D.4) are generated when the owners of financial assets or natural resources give such assets to other institutional units for use. Income generated from the use of fi…

Social benefits other than social transfers in kind

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Social benefits other than social transfers in kind (D.62) include:

a) Social security benefits in cash are payable to households by social security funds and are provided under social securit…

Social transfers in kind

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Social transfers in kind consist of individual goods and services provided as transfers in kind to individual households by government units and non-profit institutions serving households (NPISHs), w…

Subsidies

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Subsidies (D.3) are current unrequited payments which general government or the institutions of the European Union make to resident producers, with the objective of influencing their levels of produc…


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