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ESA95 GNI INVENTORY Sweden Reference year 2005 Revision 5 – October2009 Table of contents Chapter 1 Overview of the system of accounts 5 1.1 Introduction 5 1.2 Revisions policy and timetable for revising and finalising the estimates 6 1.3 Outline of production approach 8 1.4 Outline of income approach 13 1.5 Outline of the expenditure approach 18 1.6 The balancing procedure and main approaches to validation 27 1.7 Overview of the adjustments for exhaustiveness 28 1.8 Transition from GDP to GNI 29 1.9 The exclusion of the effect of the allocation of FISIM on GNI 30 Chapter 2 Revisions policy and timetable for revising and finalising the calculations 32 2.1 Revisions policy 32 2.1.1 Current revisions 33 2.1.2 Major revisions 33 2.2 Timetable for revising and finalising the accounts 35 Chapter 3 The production approach 38 3.0 Output from market producers and producers for own final use 38 3.1 Reference framework 39 3.2 Valuation 42 3.3 Transition from private accounting and administrative concepts to ESA 95 concepts 42 3.4 Roles of direct and indirect estimation methods 46 3.5 Roles of benchmarks and extrapolation 47 3.6 Approach to exhaustiveness 47 3.8 Fishing, NACE B, SNI 05 55 3.9-3.10 Mining and quarry and Manufacturing, NACE C-D, SNI 10-37 56 3.11 Electricity, gas, heat and water supply, NACE E, SNI 40-41 59 3.12 Construction, NACE F, SNI 45 61 3.

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Publié le 16 février 2014
Nombre de lectures 1 736
Langue English
Poids de l'ouvrage 2 Mo

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ESA95 GNI INVENTORY


Sweden


Reference year 2005






Revision 5 – October2009

Table of contents
Chapter 1 Overview of the system of accounts 5
1.1 Introduction 5
1.2 Revisions policy and timetable for revising and finalising the estimates 6
1.3 Outline of production approach 8
1.4 Outline of income approach 13
1.5 Outline of the expenditure approach 18
1.6 The balancing procedure and main approaches to validation 27
1.7 Overview of the adjustments for exhaustiveness 28
1.8 Transition from GDP to GNI 29
1.9 The exclusion of the effect of the allocation of FISIM on GNI 30
Chapter 2 Revisions policy and timetable for revising and finalising the calculations 32
2.1 Revisions policy 32
2.1.1 Current revisions 33
2.1.2 Major revisions 33
2.2 Timetable for revising and finalising the accounts 35
Chapter 3 The production approach 38
3.0 Output from market producers and producers for own final use 38
3.1 Reference framework 39
3.2 Valuation 42
3.3 Transition from private accounting and administrative concepts to ESA 95
concepts 42
3.4 Roles of direct and indirect estimation methods 46
3.5 Roles of benchmarks and extrapolation 47
3.6 Approach to exhaustiveness 47
3.8 Fishing, NACE B, SNI 05 55
3.9-3.10 Mining and quarry and Manufacturing, NACE C-D, SNI 10-37 56
3.11 Electricity, gas, heat and water supply, NACE E, SNI 40-41 59
3.12 Construction, NACE F, SNI 45 61
3.13 Wholesale and retail trade; repair of motor vehicles, motor cycles and personal
and household goods, NACE G, SNI 50-52 64
3.14 Hotels and restaurants, NACE H, SNI 55 66
3.15 Transport, storage and communication, NACE I, SNI 60-64 68
3.16 Financial intermediation, NACE J, SNI 65-67 81
3.17 Real estate, renting and business activity, NACE K, SNI 70-74 90
3.18 Public administration and defence, compulsory social security, NACE L, SNI75
99
3.19 Education, NACE M, SNI 80 99
3.20 Health and social work, NACE N, SNI85 101
3.21 Other community, social and personal services activities, NACE O, SNI 90-93104
3.22 Private households with employed persons, NACE P, SNI 95 108
3.23 Extra-territorial organisations and bodies, NACE Q, SNI 99 109
3.24 Taxes on products, excluding VAT 109
3.25 Value-Added Tax 113
3.26 Subsidies on products 114

2
Chapter 4 The income approach 115
4.1 Reference framework 115
4.2 Valuation 115
4.3 Transition from private accounting concepts to ESA 95 national accounts concepts
116
4.4 Roles of direct and indirect estimation methods 116
4.5 Roles of benchmarks and extrapolation 116
4.6 Exhaustiveness 116
4.7 Compensation of employees 117
4.8 Other taxes on production 125
4.9 Other subsidies on production 128
4.10 Gross operating surplus 129
4.11 Mixed income 131
4.12 Consumption of fixed assets (for non-market output) 133
Chapter 5 The expenditure approach 137
5.0 GDP according to the expenditure approach 137
5.1 – 5.6 137
5.7 Household final consumption expenditure 137
5.7.0 Summary and process table 137
5.8 NPISH final consumption expenditure 168
5.9 Government final consumption expenditure 171
5.10 Acquisitions less disposals of tangible fixed assets 189
5.11 Acquisitions less disposals of intangible fixed assets 201
5.12 Additions to the value of non-produced non-financial assets 208
5.13 Changes in inventories 209
5.14 Acquisitions less disposals of valuables 213
5.15 Exports of goods 214
5.16 Exports of services 216
5.17 Imports of goods 217
5.18 Imports of services 218
Chapter 6 The balancing procedure and main approaches to validation 219
6.1 GDP balancing procedure 219
6.2 Other approaches used to validate GDP 223
Chapter 7 Overview of the adjustments made to ensure exhaustiveness 226
7.1 The production approach 228
7.2 The income approach 229
7.3 Households’ consumption expenditure 231
7.4 General government consumption 233
7.5 Investment 233
7.6 Employment 233
7.7 Analysis of labour costs ratios and labour productivity 239
Chapter 8 Transition from GDP to GNI 241
8.0 Introduction and reference framework 241
8.1 Compensation of employees 242
8.2 Taxes on production and imports 242
8.3 Subsidies 243
8.4 Interest 243
8.5 Distributed income of corporations 244
8.6 Reinvested earnings on foreign direct investments to/from the rest of the world245
8.7 Property income attributed to insurance policy holders (D44) 245

3
8.8 Rents on land and on sub-soil assets (D45) 245
Chapter 9 The exclusion of the effect of the allocation of FISIM on GNI 246
9.1 Introduction 246
9.2 Sources 246
9.3 Methods 246
9.4 Allocating FISIM 248
Chapter 10 Main classifications used 251
Chapter 11 Main data sources used 274
11.1 Statistical surveys and other data sources used for the production approach 287
11.2 Statistical surveys and other data sources used for the income approach 329
11.3 Statistical surveys and other data sources used for the expenditure approach 342
11.4 Statistical surveys and other data sources used for the transition from GDP to GNI
384
Report on compiling Process Table 389
Introduction 389
Preparation for completing the Process Table 389
Analysis of the Process Tables 390
Problems encountered 393
Specific questions related to NA compilation 393
Conclusions 394



4
Chapter 1 Overview of the system of accounts


1.1 Introduction

The Swedish economy is usually described, relatively speaking, as a small and open
economy with a fairly high incidence of public sector activity. The table below shows the
different main aggregates and their relation to GDP.


Table 1 Balance of resources in 2005, SEK billions (percentage contribution to GDP)
GDP 2 735 Household consumption 1 328 (49)
Imports 1 121 (41) General government consumption 723 (26)
Gross fixed capital formation 472 (17)
Changes in inventories -4
Exports 1 333 (49)


1.1.1 Strategies

Complete calculations of the Swedish national accounts are currently only undertaken for
the production and expenditure sides, respectively. Independent industry-by-industry
calculations of GDP from the income side were undertaken partly as an experiment for the
period 1980-1993. Since the changeover to SNA93, however, complete income
calculations have not been carried out although it is the intention to resume them.

The main approach in the calculations is somewhat geared to the expenditure side. The
statistical basis is well developed, with possibilities for comparison between different
independent sources. The annual calculations are balanced in a system of supply and use
tables. These form the basic tables, which can be further developed to input/output tables.
The system also includes employment calculations, with average numbers of employees
and hours worked.

1.1.2 Geographical coverage

The national economy consists of units, which have a centre of economic interest located
within the economic territory of Sweden. Swedish territory comprises the area lying
within Sweden’s borders with the addition of Swedish ships and aeroplanes in
international traffic, Swedish fishing boats fishing in international waters and Sweden’s
embassies and consulates abroad. Conversely the embassies of foreign countries in
Sweden etc. are counted as foreign territory.

The units need not have the same nationality as the country itself. They may but need not
be legal entities. They need not be present within the economic territory of the country at
the time they execute a transaction. A unit has a centre of economic interest in Sweden if
it is located within the economic territory of Sweden and engages in economic activities
and transactions to a significant extent over a period of at least one year. 9 million people
2live in Sweden. The total land area, including lakes, is a little under 450 000 km . Hence
Sweden is the third largest country in the EU in terms of land area. In terms of number of
inhabitants, however, Sweden takes number fourteen.


5
1.1.3 Organisation and responsibility within the national statistical institute

The production of statistics and responsibility for the various statistical areas is organised
in such a way that Statistics Sweden (Statistiska centralbyrån – SCB) has overall
responsibility for the coordination and supervision of official statistics and for the
development of statistical nomenclature and classifications. In addition Statistics Sweden
is responsible for coordinating international statistical reporting and contributes actively
to international cooperation.

Statistics Sweden has direct responsibility for official statistics in certain general areas of
society. This applies, for example, to the labour market, the economy, industry and prices,
the population and welfare as well as to housing and construction. In a number of other
are

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