Structural business statistics (sbs)

National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Hagstofa Íslands (Statistics Iceland)

Time Dimension: 2015-A0

Data Provider: IS1

Data Flow: SBS_ESMS_A


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)
 



For any question on data and metadata, please contact: EUROPEAN STATISTICAL DATA SUPPORT

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1. Contact Top
1.1. Contact organisation

Hagstofa Íslands (Statistics Iceland)

1.2. Contact organisation unit

Business trends and structure

1.5. Contact mail address

Borgartún 21a

150 Reykjavík

Iceland


2. Metadata update Top
2.1. Metadata last certified 30/03/2017
2.2. Metadata last posted 30/03/2017
2.3. Metadata last update 03/05/2019


3. Statistical presentation Top
3.1. Data description

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors).

SBS covers all activities of the non-financial business economy with the exception of agricultural activities and personal services. Limited information is available on banking, insurance and pension funds.

 Main characteristics (variables) of the SBS data category:

  • Business demographic variables (e.g. Number of enterprises)
  • "Output related" variables (e.g. Turnover, Value added)
  • "Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments)

Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors).

SBS covers all activities of the business economy with the exception of agricultural activities and personal services.

 Main characteristics (variables) of the SBS data category:

  • Business Demographic variables (e.g. Number of enterprises)
  • "Output related" variables (e.g. Turnover, Value added)
  • "Input related" variables: labour input (e.g. Employment, Hours worked); goods and services input (e.g. Total of purchases); capital input (e.g. Material investments)
3.2. Classification system

Statistical Classification of Economic Activities in the European Community (NACE): NACE Rev.1 was used until 2001, NACE Rev. 1.1 since 2002, and NACE Rev 2 is used from 2008 onwards. Key data were double reported in NACE Rev.1.1 and NACE Rev.2 for 2008. From 2009 onwards, only NACE Rev.2 data are available.

The regional breakdown of the EU Member States is based on the Nomenclature of Territorial Units for Statistics (NUTS). Detailed information about the consecutive NUTS Regulations can be found at Eurostat's website

The product breakdown is based on the Classification of Products by Activity (CPA) as stated in the Regulation establishing CPA 2008 and its amending  Commission Regulation (EU) No 1209/2014  (from reference year 2015 onwards)

Statistical Classification of Economic Activities in the European Community (NACE): NACE Rev.1 was used until 2001, NACE Rev. 1.1 since 2002, and NACE Rev 2 is used from 2008 onwards. Key data were double reported in NACE Rev.1.1 and NACE Rev.2 for 2008. From 2009 onwards, only NACE Rev.2 data are available.

The regional breakdown of the EU Member States is based on the Nomenclature of Territorial Units for Statistics (NUTS).

The product breakdown is based on the Classification of Products by Activity (CPA) as stated in the Regulation establishing CPA 2008.

3.3. Coverage - sector

The SBS coverage was limited to Sections C to K of NACE Rev.1.1 until 2007. Starting from the reference year 2008 data is available for Sections B to N and Division S95 of NACE Rev.2. With 2013 as the first reference year information is published on NACE codes K6411, K6419 and K65 and its breakdown.

The SBS coverage was limited to Sections C to K of NACE Rev.1.1 until 2007. Starting from the reference year 2008 data is available for Sections B to N and Division S95 of NACE Rev.2.

3.4. Statistical concepts and definitions

The statistical characteristics are defined in Annex I of Commission Regulation (EC) No 250/2009

3.5. Statistical unit

For the statistical units we use legal units who, in most cases, are the same as the enterprise.

3.6. Statistical population

All companies and individuals engaging in market activity in the relevant NACE rev2 categories. 

3.7. Reference area

 Iceland

3.8. Coverage - Time

Data will be available for year 2008 onwards.

3.9. Base period

None


4. Unit of measure Top
  • Number of enterprises and number of local units are expressed in units.
  • Monetary data are expressed in millions of €.
  • Employment variables are expressed in units.
  • Per head values are expressed in thousands of € per head.

Ratios are expressed in percentages.


5. Reference Period Top

  [Not requested]


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements

Year 1995 was the first year for the implementation of the Council Regulation No 58/97 (SBS Regulation).

The Council Regulation No 58/97 has been amended three times: by Council Regulation No 410/98, Commission Regulation No 1614/2002 and European Parliament and Council Regulation No 2056/2002. As a new amendment of the basic Regulation it was decided to recast the Regulation No 58/97 in order to obtain a new "clean" legal text. The European Parliament and Council Regulation No 295/2008 was adopted on 14/02/2008 and the provisions of this Regulation are applicable from the reference year 2008. Regulation No 295/2008 has been amended by Commission Regulation (EU) No 446/2014.

Year 1995 was the first year for the implementation of the Council Regulation No 58/97 (SBS Regulation).

The Council Regulation No 58/97 has been amended three times: by Council Regulation No 410/98, Commission Regulation No 1614/2002 and European Parliament and Council Regulation No 2056/2002. As a new amendment of the basic Regulation it was decided to recast the Regulation No 58/97 in order to obtain a new "clean" legal text. The European Parliament and Council Regulation No 295/2008 was adopted on 14/02/2008 and the provisions of this Regulation are applicable from the reference year 2008.

6.2. Institutional Mandate - data sharing

Not applicable.

[Not requested]


7. Confidentiality Top
7.1. Confidentiality - policy

   

7.2. Confidentiality - data treatment

Data is not confidential


8. Release policy Top
8.1. Release calendar

   

8.2. Release calendar access

   

8.3. Release policy - user access

Data is available on the Statistics Iceland website.


9. Frequency of dissemination Top

Annual


10. Accessibility and clarity Top
10.1. Dissemination format - News release

News releases on-line.

10.2. Dissemination format - Publications

Annually: Eurostat regional yearbook 2016 and Europe in figures - Eurostat yearbook

Frequently: Statistics Explained

On the Eurostat Website dedicated to Business economy by sector - NACE Rev. 2

10.3. Dissemination format - online database

Please consult free data on-line or refer to contact details.

10.4. Dissemination format - microdata access

   

10.5. Dissemination format - other

Data are sent to Eurostat and published on Statistics Iceland website.

10.6. Documentation on methodology

Quality policy of Statistics Iceland: http://www.statice.is/pages/2952

10.7. Quality management - documentation

   


11. Quality management Top
11.1. Quality assurance

   

11.2. Quality management - assessment

   


12. Relevance Top
12.1. Relevance - User Needs

Since first published in 2015, SBS statistics have received extensive news coverage and interest from all relevant user groups.

12.2. Relevance - User Satisfaction

No index for user satisfaction is available.

12.3. Completeness

The dataset is complete from 2008. There are no gaps or missing data parts.


13. Accuracy Top
13.1. Accuracy - overall

   

13.2. Sampling error

Not applicable

13.3. Non-sampling error

Administrative data is used. The response rate is in terms of turnover is approx 97%.


14. Timeliness and punctuality Top
14.1. Timeliness

Preliminary data is normally sent to Eurostat within 10 months after the end of the reference year and final data is sent 18 months after the end of the reference year.

14.2. Punctuality

Data is sent to Eurostat with the accepted time lag. T+10 for preliminary data and T+18 for final data.


15. Coherence and comparability Top
15.1. Comparability - geographical

 Icelandic SBS data is comparable to data from other countries and EU aggregates.

15.2. Comparability - over time

All data available is comparable over time.

15.3. Coherence - cross domain

Non confidential national and EU data are released at the finest possible level of detail. Yet the general principle "the higher the level of aggregation (the more aggregated the data), the better the quality" applies to SBS. Detailed data for small countries have to be used with a certain caution.

Data on Structural business statistics can be found in the following related domains:

Regional statistics, environmental protection expenditure statistics, research and development, labour cost statistics, labour force survey, European business trends, short-term statistics.

In these collections data similar to SBS can be found. It should be noted that methodological differences exist which can explain inconsistencies. Apparent inconsistencies between SBS data and the data from labour cost statistics, labour force survey and short term statistics have been examined.

The OECD also collects and disseminates enterprise statistics in its new Structural Business Statistics Database, containing the database known as SSIS (Structural Statistics for Industry and Services) and SEC (Statistics by Enterprise Size Class).In order to reduce the response burden on member countries and to harmonise SBS data collections between Eurostat and OECD, the OECD sources since 2004 data from Eurostat for EU countries (according to the terms of a "Memorandum of Understanding" signed by both organisations). Comparable data on other OECD countries is collected by the OECD and made available to Eurostat

15.4. Coherence - internal

Data is coherent.


16. Cost and Burden Top

Statistics Iceland uses administrative data for compiling SBS statistics. 


17. Data revision Top
17.1. Data revision - policy

Statistics Iceland revision policy



Annexes:
Statistics Iceland revision policy
17.2. Data revision - practice

Statistics Iceland revision policy.


18. Statistical processing Top
18.1. Source data

Yearly Tax Returns from the Tax Authority

PAYE data from Tax Authority

VAT data from Tax Authority

18.2. Frequency of data collection

Annual data collection

The tax return database is updated yearly with data from the previous year and PAYE data is updated yearly as well. 

18.3. Data collection

Annual data collection

The tax return database is updated yearly with data from the previous year and PAYE data is updated yearly as well. 

18.4. Data validation

At Eurostat level data is validated before publishing. A number of logical checks between different variables are performed and the consistency of data over time is checked as well.

18.5. Data compilation

Data is compiled according to European Parliament and Council Regulation No 295/2008  

18.6. Adjustment

Monetary characteristics of the different countries are converted to and/or rounded to millions of euro.


19. Comment Top

No additional comments.


Related metadata Top


Annexes Top
Statistics Iceland revision policy