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Regional economic accounts (reg_eco10)

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Istat - Italian National Statistical Institute

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Regional accounts represent a territorial specification of the corresponding accounts of the national economy. Regional accounts play an important role in the formulation, implementation and evaluation of regional policies, at both national and European level. In particular, regional indicators derived from the regional accounts are used for assessing regional disparities. In the context of the European Cohesion Policy, regional Gross Domestic Product (GDP) is an indicator of the Regional accounts by industry, used to allocate funds to eligible regions. 

Regional accounts are more limited in scope and detail by national accounts. Regional accounts provide a regional breakdown for major aggregates by industry such as gross value added, compensation of employees, gross fixed capital formation, employment and for household income accounts.

Regional household income accounts show both primary and disposable household income by region, as well as the sources and distribution of income among regions. Regional household income accounts at current prices includes primary incomes formation (gross operating surplus, mixed income, compensation of employees, net property income) and income redistribution (current taxes, social contributions, social benefits, net other current transfers). Data are consistent with Annual Main aggregates and Annual Sector accounts releases.

In details, regional estimates at NUTS level 2 concern the main aggregates related to the supply and use accounts (expressed at current prices, previous year prices and chained linked value - reference Year 2020), the generation of primary income account and data on labour input, both for employees and self-employed, expressed in persons (declared and undeclared) and hours worked. Data from 1995 to year Y-2 are available for 29 industries (A*21 plus a breakdown of industry C). Data for year Y-1 are released with a breakdown of 6 industry. At  NUTS level 3 (Provinces) the estimates concern the Gross Domestic Product and gross value added at current prices and employment (expressed in thousands of persons) and are available starting from the year 2000 to year Y-2, with  an A* 10 industries breakdown.

29 October 2025

All statistical concepts and definitions used in compiling Regional Accounts are described in the European System of Accounts, ESA 2010 (Annex A, Chapter 13 of the ESA 2010 Regulation) published by Eurostat in 2013 and in Manual on regional accounts methods - 2013 Edition.

Regional accounts consist of the same set of accounts as national accounts, and highlight territorial differences in economic structure and development.

The NA average annual population for regional accounts for the year t-1, is based on the average of the final census data as at 31 Dec. for year t-2 and year t-1 (available at December of year t). The data sources are the permanent census of population and dwellings and the monthly survey on the movement of the resident population.

The units of analysis are the institutional units. Institutional units are economic entities with decision-making autonomy, which can own real and financial assets, assume liabilities, exercise economic activities, intervene in transactions with other units. Due to these characteristics, they generally have a structured accounting system; this obviously does not apply to households, which are considered institutional units by convention.

The institutional units are grouped into institutional sectors according to their main economic functions, behaviour and objectives and are classified by regions (NUTS level 2 and 3).

The statistical population for national accounts purpose consists of all resident institutional units in a country (see section 3.5).

An institutional unit is resident in a country when it has its centre of predominant economic interest in the economic territory of that country. Such units are considered as resident units, irrespective of nationality, legal form or physical presence in the economic territory at the time they carry out a transaction.

Italy - The whole national territory and regional breakdown at NUTS Level 1 (4 macro-areas for Eurostat and 5 macro-areas for national dissemination), 2 (21 regions plus extra-regio) and 3 (107 provinces).

Italy's territory doesn't include the States of Vatican City and of San Marino, while includes Campione d'Italia, Italian enclave of the Swiss Confederation.

The reference period used for presenting regional accounts data is the calendar year.

Accuracy is defined as the gap between the published estimate and the true value of a variable. Measuring accuracy in National Accounts (NA) is complex, as numerous data sources interact within a sophisticated compilation process. The structure of the NA compilation process starts with the integration of various data sources. Then, the process includes a series of adjustments to the basic data to make them consistent with each other and bring them in line with the National Accounts concepts and methods. See also 17.2 Data revision - practice.

Flows are calculated in million euros at current prices, previous year's prices and chain-linked volumes. Furthermore, it is possible to derive growth rates and indices. Other measures (e.g. percentages, per capita data, data expressed in purchasing power standards) can be applied as well.

Population and labour input variables are expressed in thousands. In Italy, labour input is measured in terms of number of persons, hours worked, jobs and full-time equivalent units.

For the calculation of regional GDP, taxes on products are allocated according to regional value added. As regards subsidies on products:

  • regional subsidies from the GSE are estimated on the basis of regional photovoltaic production;
  • transport-related subsidies are allocated across region in proportion to regional value added in the transport sector;
  • all other product subsidies are allocated by region based on total regional value added.

Estimates of value added and employee compensation of producers of goods and services for the market for the final year (t-3) and the semi-final year (t-2) are based on final Frame SBS data. In order to obtain estimates for Local Economic Activity Units (LEAU), this information system has been integrated with the Register of Local Business Units (Asia LU) and the Annual Register of Labour Costs in Local Units. This makes it possible to obtain, for each LAEU, an estimate of the value added and labour costs consistent with the relative labour input, favouring a bottom-up approach that assigns the local unit a weight calculated in terms of total remuneration. For the mining sector, the weighting of local units considers a production indicator observed at the production site level: this procedure allows for a precise estimate of local production of mineral oil and gas on land and on platforms (extra-regional share). For agriculture, the estimate of value added is based on actual local agricultural production and the methodology is based on the aggregation of “quantity by price” estimates for a large number of products (approximately 170). The regional estimate of the value added of public administrations is made on the basis of the residence of the unit that performs the activity.

The estimate of final household consumption expenditure is the result of processing and integrating various sources, such as the Istat survey on household expenditure, statistics on customer movements in accommodation establishments, and data on vehicle registrations from UNRAE. For consistency with the approach used in estimating the national accounts, the regional accounts refer to household expenditure on goods or services in the relevant economic territory, i.e. regional domestic consumption.

Final consumption expenditure by public administrations is attributed to the region where the service is consumed. For administrations whose jurisdiction is limited to part of the territory (local administrations), consumption generally takes place where the service is produced. The territorial breakdown of expenditure is carried out by aggregating the basic data collected at the territorial level. For administrations with supra-regional jurisdiction, the consumption of a service may take place in a region other than the one in which it was produced. In this case, the regional breakdown of final consumption expenditure requires indicators to identify the region in which consumption takes place. The indicator used is the resident population. The population is used not only for collective services, but also for individual services (e.g. healthcare), for which the expenditure incurred relates to the operation, administration and regulation of the service itself. For education services, which are centralised and managed by the Ministry of Education, the indicator chosen is the regional distribution of pupils enrolled in public schools.

The regional estimate of gross fixed capital formation is also based mainly on Frame-SBS data, supplemented by specific indicators from administrative sources.

Regional estimates of household disposable income are calculated in line with the regional economic accounts for labour input, value added and employee income. While production units are attributed to the region in which the local business unit is located (this applies to producer households and, more generally, to production units that generate the flows analysed in the regional economic accounts), for households, the centre of economic interest coincides with the region in which the consumer units resides (this means that household disposable income is calculated according to the household's place of residence, while the consumption expenditure that appears in the regional economic accounts is that incurred in the region where the products are purchased). The logic underlying the construction of regional accounts for households is, therefore, to attribute to the region of residence the economic effects of all the operations carried out by the units residing there, even outside that territory. To this end, it is necessary to highlight the economic flows between the different territorial areas, which are treated as external transactions, similar to those of a nation state with the rest of the world.

The estimates of the territorial accounts include components of the non-observed economy (NOE), which refers to economic activities that cannot be directly observed and mainly includes the underground and illegal economy. In the territorial estimates, the estimate of the underground activity component linked to the underreporting of value added, available for statistical units, was reported at the local unit level using the weights defined above. The estimate of the un-registered work component at the local level is based on the estimate of un-registered jobs by stratum (industry, provinces and employee class), to which appropriate per capita remuneration values calculated for un-registered employees and gross operating profit by stratum of regular components are applied. For the regional and provincial estimate of the added value attributed to illegal activities, indicators based on the number of reports for crimes related to the exploitation and facilitation of prostitution, drug regulations and smuggling are used.

The estimate of territorial labour input is based on the same methodological guidelines and information sources used for similar estimates at national level. The latter are based on the integration, at microdata level, of administrative archives containing data on work activity and the very rich and detailed information collected through the Labour Force Survey (LFS). The approach makes it possible, on the one hand, to measure and statistically correct certain possible distortions associated with the various sources on the measurement of employment (e.g. under-coverage and over-coverage phenomena due to different methods of collecting and processing information) and, on the other hand, to identify the boundary between regular and un-registered work more reliably. For territorial estimates relating to regular employment in enterprises, information from the Statistical Archive on Individual Local Units of Active Enterprises (ASIA UL) are also used, improving the accuracy of estimates at the local unit level. These information enable to compare, correct and validate regional information on the employment of multi-location production units. For regular employment in sectors not covered by ASIA (essentially agriculture, credit and insurance, and domestic services), and for non-profit institutions serving households (NPISH), a micro-level approach was adopted, which made it possible to estimate both labour input and related income.

Regarding irregular employment, identified by the LF survey and for which there is no corresponding form of contribution or tax compliance recorded at individual level in the administrative sources, the estimate at provincial level is based essentially on the territorial information identified by the LF survey.

Specific components are estimated on the basis of other sources, such as residence permits, applications for regularisation of irregular employment relationships of non-EU foreigners and the Multiscopo survey of households on aspects of daily life related to the use of domestic staff.

Regional Accounts (NUTS level 2 and 3) estimate’s phases:

  • Analysis of the adequacy of sources
    • Data processing for definition reconciliation
    • Data processing for classification reconciliation
    • Drafting tables and graph for Istat publications
  • Provisional estimate release
    • Elaborating time-series
    • Revising of time-series
    • Elaborating intermediate economic aggregates
    • Elaborating final economic aggregates (to be published)
    • Maps production for dissemination
    • Setting up final macrodata files for Eurostat
    • Setting up final macrodata files for national dissemination

Regional disposable income of Households estimate’s phases::

  • Processing macrodata undergoing a revision policy
  • Data processing for definition reconciliation

Data processing for classification reconciliation

  • Microdata assembling to reconstruct the set of observations
  • Drafting tables and graph for Istat publications
  • Data smoothing or interpolation (regressions, moving averages, ...) by statistical techniques
  • Elaborating time-series
  • Revising of time series
  • Elaborating indicators
  • Elaborating intermediate economic aggregates
  • Elaborating final economic aggregates (to be published)
  • Setting up final macrodata files for Eurostat
  • Setting up final macrodata files for national dissemination

Regional processes use both internal and external data sources. The data sources are:

For Regional economic accounts (NUTS level 2 and 3):

  • Istat - Household consumption survey
  • Istat - General Census of Agriculture
  • Istat - Movement of customers in hospitality establishments
  • Istat - Survey on the structure and production of farms
  • Istat - Information system on economic results of enterprises (Frame-SBS)
  • Istat - Labour force survey
  • Istat - Statistical register of enterprises' employment (ASIA - Employment)
  • Istat -Statistical register of local economic units (ASIA - Local units)

Istat - Statistical Register on Wages, Hours and Individual Labour Costs of local economic units (RACLI – Local units)

  • Istat - Economic accounts and aggregates of Public administrations
  • Irepa - Institute for economic research in fishery and aquaculture

Inps - Archive of domestic workers, Archive of agricultural employees, Archive of quasi-subordinate workers, E-Mens Archive.

Istat - Permanent census of population and dwellings

Istat - Survey on the movement of the resident population.

For Regional disposable income of Households:

  • Istat - Household budget survey
  • Istat - NPISH Accounts (Non Profit Institutions Serving Households estimates
  • Istat - Statistics on social security and welfare - Pensions
  • Istat - Information system on economic results of enterprises (Frame-SBS)
  • Istat  Statistical register of local economic units (ASIA - Local units)
  • Ivass  Written gross non-life insurance premiums form the Annual report of Ivass (Italian insurance regulatory agency)
  • Bank of Italy - Deposits, Loans, Interest on deposits and loans, households wealth
  • Ministry of Economy and Finance, Department of the Treasury IRPEF, Regional additional Irpef State, IMU.

Regional data are disseminated in December each year.

Member States are required to transmit their data to Eurostat in compliance with the deadlines defined in Annex B EU Regulation 2023/734 of 15 March 2023.

The first release of regional accounts takes place twelve months after the end of the reference year (generally in December) but a preliminary release of some aggregates at NUTS level 1 is nationally available in June

As the data are compiled according to the ESA 2010 requirements, Italian regional accounts data are fully harmonised and comparable at the European level.

One of the characteristics of national as regional accounts is that any fundamental changes to methods or classifications produce revisions of long time series that are performed going far back into the past.