Eurostat, the statistical office of the European Union

D1:Excessive deficit procedure, methodology and GFS

2920 Luxembourg LUXEMBOURG

Main revenue and expenditure items of the ‘European institutions and bodies’ subsector (S.1315) of the genral government, compiled by Eurostat following ESA2010 methodology.
Data are presented in millions of Euro.
Main data sources are the ones underlying the Consolidated annual accounts of the European Union, provided by DG BUDG, as well as some data provided by National authorities (National Statistical Institutes).

European System of Accounts, 2010 edition (ESA2010).

European non-financial institutions and bodies as defined in ESA2010 (paragraph 19.09), following on the definition of general government sector as defined in ESA2010 (paragraph 2.111) as including "institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth".

The indicators are compiled on a national accounts (ESA 2010) basis. They comprise main aggregates (total revenue and expenditure, main components (ESA 2010 economic categories as well as balancing items). The difference between total revenue and total expenditure equals net lending/net borrowing (B.9). The indicators are as compiled directly by Eurostat under Table 0200 'Main aggregates of general government' of the ESA2010 transmission programme. For definitions, please see in particular European system of accounts, chapter 8, 19 and 20.

Some additional detail outside the scope of the transmission programme is also published.

Institutional units and groupings of units as defined in ESA 2010.

Target population is the European non-financial institutions and bodies subsector of the general government sector.

EU institutions and bodies general government

From 2021.

Not available.

Millions of Euro.

Calendar year.

National Accounts are compiled in accordance with the European System of Accounts (ESA 2010) adopted in the form of Regulation (EU) No 549/2013.
There is yet no legal basis requiring Eurostat to produce these datasets.

Not available.

Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

Confidential data is flagged "C", where other types of blocks exist in the database.
Only authorised staff have access to the database. They have signed appropriate documentation on handling of confidential data.
There are blocks that prevent the inadvertent extraction and publication of confidential data.

A fixed date of data release is yet to be determined.

Not available.

In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website (see item 10 - 'Accessibility and clarity') 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.

Anually.

Not available.

Eurobase.

Please consult free data on-line.

Not available.

Not available.

See section 6.1.

The progress in respect of data availability and quality is reviewed and reported in internal Eurostat's documents.

Data is verified for internal consistency and plausibility, also vis a vis other related data.

A quality assessment procedure is in place that involves arithmetic and quality checks as well as checks on consistency with ESA2010 and other government datasets (financial government accounts) by Eurostat.

Not available.

Not available.

From 2021 only.

Data for government finance statistics are in general associated with a high level of overall accuracy, being compiled on the basis of direct administrative data sources.

Not available.

Not available.

Not applicable.

Not applicable.

The underlying methodological framework is the European system of accounts (ESA2010), which ensures a high degree of comparability.

Not applicable.

The cross-domain coherence checking concentrates (but is not limited to) on the consistency of government datasets (non-financial data vs financial data).

Datasets are carefully checked for the internal consistency.

Not available.

In general the data are revised for the latest years according to change from preliminary to half-finalised and final data sources. The complete time-series can be revised due to changes in the methodology or methods of data compilation or major and benchmark revisions.

Data revisions may occur at any time.
Major changes in methodology are the result of legislation, and therefore announced in the Official Journal of the European Communities. However, some changes may be implemented beforehand on the basis of gentlemen's agreements.

Administrative and other records of DG BUDG, EFSF and ESM, as well as annual national accounts data.

Once a year.

Main data is collected directly from DG BUDG and ESM. Some supporting data is collected from member States, in the April EDP context.

Data are loaded into Eurostat Reference Database once validated by Eurostat. The validation process consists of arithmetic and quality checks including consistency with ESA2010 methodology and with other data reported to Eurostat as well as a number of further plausibility checks.

Accounting conventions are those of ESA2010. Time of recording: In principle, flows are recorded on an accrual basis; that is when economic value is created, transformed or extinguished, or when claims and obligations arise, are transformed or cancelled.

Data are not adjusted.

Please also consult the latest EDP news release for any specific or general explanatory notes.