Statistical Office of the European Union (Eurostat)

C5. Balance of payments and Integrated Global Accounts

2920 Luxembourg LUXEMBOURG

Since September 2014, national accounts are compiled in accordance with the European System of Accounts - ESA 2010. Supply, use and input-output tables are part of the National Accounts transmission program. The timeliness for supply, use and input-output tables is set to 36 months after the end of the reference year. For example, data for the year 2015 should be transmitted to Eurostat not later tg-han by end of December 2018.

The transmission program sets the requirements for the transmission of national data by Member States and partners countries. Every year countries transmit the supply and use tables. Every 5 years (for reference years ending with 0 or 5) countries transmit input-output tables (product by product) and detailed use tables at basic prices and valuation tables.

Data are presented in million Euro in current prices (basic prices and a transformation into purchaser's prices for the supply side). The geographic coverage is the Member States of EU. 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 defines the requirements for Member States.

The EU and EA consolidated Supply, use and input-output tables describe by product and industry the production processes and the transactions in products of the European Union economy with great detail. The consolidated supply, use and input-output tables for the EU describe the aggregation of the EU Member States data, from which the intra trade data has been treated (respectively for the Euro Area). The data is presented in a framework where the domestic part corresponds to the area of EU, the import part corresponds to imports from outside of the area EU.

The European System of Accounts (ESA) 2010 is based on Nace Rev 2 and CPA. The data refers to years 2010 onwards with the ESA 2010 methodology. Supply, use and input-output tables distinguish 64 industries and 64 products.

The industry and product classificaitons are as well Nace Rev 2 and CPA 2008.

For details on classifications used in this domain, as well as for any other classification, please see ESA2010 or refer to the RAMON classification database.

Total Economy

The ESA 2010 regulation (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) may be referred to for specific explanations concerning contents of the tables. More comprehensive explanations on compilation methodologies and possible applications of the tables are provided in the Eurostat Manual of Supply, Use and Input-Output Tables.

The domain contains the supply, use and symmetric input-output tables. Supply and use data are recorded on an annual basis; whereas the symmetric input-output tables are recorded in intervals of five years.

Supply and use tables are matrices by industry and product describing production processes and the transactions in products of the national economy in great detail. These tables show:

a) the structure of the costs of production and the value added that is generated in the production process;

b) the flows of goods and services produced within the national economy and

c) the flows of goods and services with the rest of the world.

A symmetric input-output table is a product-by-product or industry-by-industry matrix describing the domestic production processes and the transactions in products of the national economy in great detail. A symmetric input-output table rearranges both supply and use in a single table with identical classification of products (or industries respectively) employed for both rows and columns.

The consolidated European tables are based on basic prices use tables. As this data is not mandatory from the Regulation 549/2013, Member States have been asked to provide additional tables (Use table at basic prices, use table for domestic output at basic prices, use table for imports at basic prices, trade and transport margins, taxes less subsidies on products) on a regular basis. Many countries replied Eurostat's request. When additional tables were missing, and sometimes mandatory tables were missing, Eurostat estimated the data. The estimations are described in more details in a technical note available in Annex.

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The consolidated European tables are based on most of the European Member States data. Consolidated tables are in line with the macro aggregates data at the time of their dissemination.

Eurostat provides data for EU Member States, Candidate Countries and Norway as far as available.

Eurostat provides data for EU and EA.

With the ESA 2010 national data starts from 2010 onwards. Some Member States provide backward data on a voluntary basis.

European consolidated tables will be available from 2005 onwards.

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Data are presented in million euro and million national currency for both current and previous year's prices. Data in national currency represent fixed euro series for euro area countries.

The reference period is the calendar year.

National Accounts are compiled in accordance with the European System of Accounts (ESA 2010) adopted in the form of a Council Regulation dated 21 May 2013, N° 549/2013 and originally published in the Official Journal L174 of the 26/06/2013.

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Council Regulation (CE) No 322/97of 17 February 1997 (OJ No L 52/1) and Council Regulation (EURATOM, EEC) no 1588/90 of 11 June 1990 on the transmission of the data subject to statistical confidentiality to the Statistical Office of the European Communities (OJ No L 151/ 1) stipulates the detailed rules used for receiving, processing and disseminating the confidential data.

Council Regulation (CE) No 322/97of 17 February 1997 (OJ No L 52/1) and Council Regulation (EURATOM, EEC) no 1588/90 of 11 June 1990 on the transmission of the data subject to statistical confidentiality to the Statistical Office of the European Communities (OJ No L 151/ 1) stipulates the detailed rules used for receiving, processing and disseminating the confidential data.

Data transmitted with a confidentiality flag are not made available on Eurostat website. But the confidential data are taken into account to compile European aggregates, with the insurance that national confidential data cannot be retrieved.

National supply, use and input-output tables are disseminated as soon as validated by Eurostat with the country.

European consolidated tables have been disseminated around September-October every year.

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In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably.

The detailed arrangements are governed by the Eurostat protocol on impartial access to Eurostat data for users.

The national supply table at basic prices with a transformation to purchaser's prices and the use table at purchaser's prices are provided annually whereas the national input-output tables and the use tables at basic prices are delivered every five years, for years ending with '0' and '5'. The consolidated tables are produced annually.

No news release on supply, use and input-output tables

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See: http://ec.europa.eu/eurostat .

Eurostat decisions and guidelines are explained in ESA2010. Additional methodological issues may be found in "Eurostat Manual of Supply, Use and Input-Output Tables".

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Quality is assured by strict application of ESA2010 concepts and by thorough validation of the data delivered by countries.

On top of the regulatory data transmission, additional data have been delivered (on a confidentiality basis) from many Member States, that permitted to get a consistent data set and of high quality at an aggregated level.

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According to the ESA 2010 regulation, Member States have to transmit data to Eurostat within 36 months after the end of the reference year.

Most of the Member States transmit the data within the deadline of the Regulation. However a compliance monitoring is made at regular intervals.

The comparability is insured by the application of common definitions (European System of Accounts ESA 2010)

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The general Eurostat revision policy applies to this domain.

For supply, use, and input-output tables there is no commonly agreed scheme for data revisions. National Statistical Institutes can transmit preliminary supply and use tables to Eurostat which are later revised and complemented with input-output tables. Eurostat checks all transmitted tables for internal consistency and plausibility of values.

The consolidated tables for the European Union and the Euro area are updated annually. The entire data series may be revised following major updates of the EU inter-country supply, use and input-output (FIGARO) tables (naio_10_f).

All reported errors (once validated) result in corrections of the disseminated data. Reported errors are corrected in the disseminated data as soon as the correct data have been validated.

Data may be published even if they are incomplete, flagged as provisional, or of low reliability. They are replaced with final data once transmitted and validated. Aggregates for the EU-27 and the Euro Area are calculated and revised based on the EU inter-country supply, use and input-output tables (FIGARO) (naio_10_f) and are updated once per year after the publication of FIGARO. Data revisions typically cover the two most recent reference years t-3 and t-4 (with t being the current year). However, major changes in data sources may trigger revisions of the entire time series from 2010 onward. Whenever new supply, use and input-output data are provided by countries and after these were validated by Eurostat, the already disseminated data are updated.

Following the Eurostat Practical Guidelines for Revising ESA 2010 Data – 2019 edition, supply, use and input-output tables can be revised for individual years, several years, or the entire time series from 2010 onwards.

There is no revision calendar for the SUIOT domain. Routine revisions are documented during the data validation and communicated afterward with the data providers. The impact of major revisions is not systematically analysed. Time series breaks caused by major revisions are not flagged. Major revisions, such as national accounts benchmark revisions, are pre-announced and discussed with countries. In addition, scope and impact of major revisions are communicated during the data validation and will be documented from 2024 onwards in specific metadata, that countries will transmit together with the data.

Figures are collected by the National Statistical Institutes' Accounts Departments. The basic statistics come from many sources, including administrative data from government sources, censuses, and various surveys of businesses and households. No single type of survey is used. Sources vary from country to country and may cover a large set of economic, social, financial and environmental items, which may not in all cases be strictly related to National Accounts.

For further information about sources and collection methods, please refer to National Statistical Institutes and National Central Banks.

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Data are sent by National Statistical Institutes (NSIs).

Data input by National Statistical Institutes is checked for quality and completeness. Transmitted figures are benchmarked against a complex and extensive system of equations which define logical relations of the values (e.g. each total must equal the sum of its components) as well as economic relations (e.g. total uses of a product should correspond to its total resources). In case inconsistencies or important data gaps are noticed, Eurostat informs the national institutes about the possible errors encountered and requests revisions. It may take some time until a new transmission is reported. In the meantime Eurostat publishes the present set of data, provided that the inconsistencies are of minor importance.

Eurostat compiles the validation of the consolidated data in line with the main aggregates data (Annual National Accounts).

The compilation is done when the EU/EA data coverage is sufficient. However no precise threshold is set up.

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