Monthly Bulletin April 2008 - European Central Bank - Europa

EURO AREA
STATISTICS
Euro area
accounts
3.1 Integrated economic and financial accounts by institutional sector (cont'd)
(EUR billions)
Resources Euro Households Non-financial Financial General Rest of
area corporations corporations government the world
2007 Q3
External account
Imports of goods and services 472.1
Trade balance
Generation of income account
Gross value added (basic prices) 1,970.8 491.9 1,129.2 93.9 255.8
Taxes less subsidies on products 229.7
Gross domestic product (market prices) 2) 2,200.5
Compensation of employees
Other taxes less subsidies on production
Consumption of fixed capital
Net operating surplus and mixed income
Allocation of primary income account
Net operating surplus and mixed income 609.5 292.0 289.4 28.6 -0.6
Compensation of employees 1,016.6 1,016.6 3.2
Taxes less subsidies on production 255.8 255.8 1.0
Property income 775.9 241.8 112.4 404.6 17.0 128.8
Interest 464.2 73.5 42.9 341.4 6.3 87.6
Other property income 311.7 168.3 69.5 63.2 10.7 41.1
Net national income
Secondary distribution of income account
Net national income 1,880.9 1,499.6 117.6 55.2 208.5
Current taxes on income, wealth, etc. 267.0 267.0 0.7
Social contributions 386.5 1.0 16.6 38.5 330.4 1.0
Social benefits other than social transfers in kind 388.5 388.5 2.9
Other current transfers 155.0 84.6 10.2 44.1 16.2 29.6
Net non-life insurance premiums 42.9 42.9 1.2
Non-life insurance claims 42.4 34.0 7.3 0.9 0.3 1.2
Other 69.7 50.5 2.9 0.4 15.9 27.2
Net disposable income
Use of income account
Net disposable income 1,858.1 1,318.4 50.7 58.4 430.6
Final consumption expenditure
Individual consumption expenditure
Collective consumption expenditure
Adjustment for the change in net equity of households in pension fund reserves 16.4 16.4 0.0
Net saving/current external account
Capital account
Net saving / current external account 171.8 71.9 48.6 44.1 7.1 -0.9
Gross capital formation
Gross fixed capital formation
Changes in inventories and acquisitions less disposals of valuables
Consumption of fixed capital 318.6 86.9 179.2 11.2 41.4
Acquisitions less disposals of non-produced non-financial assets
Capital transfers 35.5 8.8 15.3 0.8 10.5 2.4
Capital taxes 5.9 5.9 0.0
Other capital transfers 29.6 8.8 15.3 0.8 4.6 2.4
Net lending (+)/net borrowing (-) (from capital account)
Statistical discrepancy
Sources: ECB and Eurostat.
2) Gross domestic product is equal to gross value added of all domestic sectors plus net taxes (taxes less subsidies) on products.
ECB
Monthly Bulletin
April 2008S 27