National and sector accounts

1. Reports

2020-10-16

Consistency between balance of payments and national accounts (link)

2. CMFB Opinions

30 September 2016

CMFB opinion on the statistical classification of BANIF residual entity (link)

7 September 2015

CMFB opinion of the statistical classification of entities under resolution (link)

10 December 2010

CMFB Opinion on a proposal for a Regulation of the European Parliament and of the Council on the European system of national and regional accounts in the European Union (ESA 2010) (link)

3. Legislation

• REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 21 May 2013 on the European system of national and regional accounts in the European Union (ESA 2010) (link)

• COUNCIL REGULATION (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community (Esa 1995) (link)

• Commission Decision of 9 March 2006 granting derogations (link)

• Regulation (EC) No 1161/2005 of the European Parliament and of the Council of 6 July 2005 on the compilation of Quarterly non-financial accounts by institutional sector (link)

4. Procedures and mandates

• Mandate of the Task Force for the Rest-of-the-World Account (link)

• Elements of the mandate for the Task Force on Quarterly Sector Accounts (link)

5. Background

Annual national accounts are compiled in accordance with the European System of Accounts. The ESA 1995 is broadly consistent with the System of National Accounts of the United Nations (1993 SNA) and the same stands for the ESA 2010 ESA  and SNA 2008 as regards the definitions, accounting rules and classifications. ESA nevertheless incorporates certain differences, particularly in its presentation which is more in line with its use within the European Union. To ensure that the methodological provisions are strictly applied, ESA 95 was adopted in the form of a Council Regulation dated 25 June 1996 and similarly ESA 2010 with a Council Regulation dated 21 May 2013.

• System of National Accounts 1993 (link)

• System of National Accounts 2008 (link)

• EU KLEMS Growth and Productivity Accounts (link)

• Press releases on ECB's website: Euro area economic and financial developments by institutional sector (link)

• News releases on Eurostat's website: Key indicators for households and non-financial corporations (link)

• 1 June 2007 - Press release on Eurostat's website – developments of key indicators for households and non-financial corporations: fourth quarter 2006 and background note (link)

• 1 June 2007 - Press release of the ECB - Euro area economic and financial developments by institutional sector (link)