Go to top button
Back to top

Economics (for_eaf)

PrintDownload

National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: National Institute of statistics and economic studies of the Grand Duchy of Luxembourg

Need help? Contact the Eurostat user support

Forest accounts record and present data on forest resources and economic activity in the forestry and logging industry in a way that is fully compatible with the data reported under the ESA 2010. Forest accounts provide complementary information and use concepts adapted to the particular nature of forests and of the forestry and logging industry.

30 September 2025

The construction of the EFA accounts closely follows the concepts, definitions and accounting rules of the core national accounts.

 

3.4.1. Definition of FAWS and FNAWS:

The distinction between FAWS and FNAWS is made using the information from the Ministry of Environment concerning national protected zones.

 

3.4.2. Definition for 'Output of forest trees':

The scope of item 'output of forest trees' from Table B1 is defined, as per the ESA 2010 rules, as the total value of net annual increment of trees.

 

3.4.3. Definition method for monetary value of timber stock in forest land:

The monetary value of timber stocks in forest land is determined using the stumpage value method, meaning the “the value of, or price paid for, timber as it stands uncut in the woods” (IEEAF, 2002, 3.130).

The stumpage price is estimated via roadside pickup prices, and by adjusting for harvesting costs and transport associated with moving timber to the roadside. The method is described in the European Forest Accounts Handbook, page 78 (4.71).

EFA accounts present data compatible with the data reported under ESA (ESA 2010, 1.54-63). EFA uses statistical units from national accounts.

Units involved in forest resources and the economic activity in the forestry and logging industry.

The data in all EFA tables use the entire country territory as a reference area.

The reference area of the statistics is Luxembourg. The reference area is the economic territory as defined in the European System of Accounts (ESA 2010). A unit is said to be a resident unit of a country when it has its centre of economic interest in the economic territory of that country, that is, when it engages for an extended period (1 year or more) in economic activities in that territory.

The reference period for EFA accounts data is the calendar year.

There are no specific quality issue related to accuracy to be highlighted. 

Data are considered accurate, given that the sources used (mainly national accounts) are themselves based on the most detailed basic economic data available nationally at the National Forestry Administration.

Asset accounts for wooded land, asset accounts for timber stocks and supply and use tables for flows of wood in the rough are measured in both volume and million units of national currency.

Economic accounts for the forestry and logging industry are measured in million units of national currency.

The various data requested for EFA are withdrawn from the mentioned sources in point 18.1 and processed according to the guidelines from the EFA 2024 Manual.

EFA compilation require the used of several data sources as described below :

Table A1a -national forestry inventories, national inventory of GHG (table 4.A), data concerning national protection zones(using the information from the Ministry of Environment Website

Tables A2a and A2b - national forestry inventories, JFSQ, economic data from the National Administration of Forests, detailed national accounts data, data from EFA table A1a

Tables B1, B2 and B3 - economic data from the National Administration of Forests, national accounts data, ESST by NACE (for D9), own estimations, JFSQ data

yearly

Data are produced 21 months after the end of the reference period.

The comparability is insured by the application of common definitions (System of Environmental-Economic Accounting Central Framework SEEA CF, European System of Accounts ESA 2010, EFA handbook, the Food and Agriculture Organisation’s Forest Resources Assessment).

Statistics are comparable for the entire reporting period 2016-2023.