Annual data


Time series: GDP_3.1_en.xls
Non financial accounts by institutional sector - Sector accounts
Contact
Contact organisation

National Statistical Institute

Contact organisation unit

"Non-Financial National Accounts"

Contact name

Milen Kolev

Contact person function

Head of department

Contact mail address

2 P. Volov Str., Sofia 1038

Contact email address

[email protected]

Contact phone number

+359 2 9857 623

Contact fax number
Metadata update
Metadata last certified10 October 2018
Metadata last posted10 October 2018
Metadata last update10 October 2018
Statistical presentation
Data description

Sector accounts indicate the relationship between institutional sectors on key macroeconomic indicators:

· Gross added value estimation / Gross Domestic Product ;

· External balance of goods and services;

· An operating surplus / mixed income, gross;

· Primary income - received minus paid;

· Balance of primary incomes, gross / gross national income;

· Current transfers - received minus paid;

· Disposable income, gross final consumption expenditure ;

· Actual final consumption;

· Gross savings / current external balance;

· Capital transfers - received minus paid;

· Gross fixed capital formation;

· Change in inventories;

· Net lending (+) / net borrowing (-) loans.

Balancing item net lending / net borrowing determines the final result of the production activity, distribution and redistribution operations, saving and accumulation of non-financial assets at each institutional sector and the whole economy to the rest of the world.

Classification system

European System of Accounts (ESA 2010) - classification of units by institutional sectors

Sector coverage

Economy by institutional sectors.

Statistical concepts and definitions

Macro - economic analysis does not consider the actions of each institutional unit separately it considers the aggregate activities of similar institutions. So units are combined into groups called institutional sectors, some of which are divided into subsectors. Each sector and subsector groups together the institutional units which have a similar type of economic behaviour.

Institutional units are grouped into sectors according to what kind of producer is and depending on their core activities and functions that are considered to be indicative of their economic behavior. Economic sectors are as follows:

· Non-financial corporations

· Financial corporations

- Monetary financial institutions (MFIs)

- Central bank

- Other monetary financial institutions (OMFI)

- Financial corporations except MFIs and Insurance corporations and pension funds (ICPFs)

- Non-MMF investment funds

- Other financial intermediaries, except insurance corporations and pension funds

- Financial auxiliaries

- Captive financial institutions and money lenders

- ICPFs

- Insurance corporations (IC)

- Pension funds (PF)

· General government

- Central government (excluding social security funds)

- State government (excluding social security funds)

- Local government (excluding social security funds)

- Social security funds

· Households

- Employers and own-account workers

- Employees

- Recipients of property and transfer income

- Recipients of other transfers

- Recipients of pensions

- Recipients of property income

· Non-profit institutions serving households

· Rest of the world

- Member States and institutions and bodies of the European Union

- Member States of the European Union

- Institutions and bodies of the European Union

- Non-member countries and international organisations non-resident in the European Union

Statistical unit

Institutional unit under ESA 2010 - enterprise, household, public institution.

Statistical population

Economic territory of the country

Reference area

Bulgaria

Time coverage

2002-2017

Base period

2010

Unit of measure

Million BGN

Reference period

Year

Institutional mandate
Legal acts and other agreements

REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

Data sharing

Eurostat program to provide data on national accounts, the IMF, the UN

Confidentiality
Confidentiality - policy
  • Law on Statistics;

· 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.

Confidentiality - data treatment
Release policy
Release calendar

The date for publication of statistical information is listed in the Calendar presenting the results of the statistical surveys of NSI.

Release calendar access

The calendar is available on the NSI website: http://www.nsi.bg/en/node/480

User access

Data is published on the NSI website, section Macroeconomic statistics in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.

Frequency of dissemination

Annually

Accessibility and clarity
News release
Publications

Publication "Main Macroeconomic Indicators".

On-line database

Data are available to all users of the NSI website under the heading Macroeconomic statistics - Non-financial national accounts by institutional sectors: http://www.nsi.bg/en/node/5547

Micro-data access

Not applicable.

Other
Documentation on methodology

European system of accounts (ESA 2010)

Quality documentation
Quality management
Quality assurance

· European Statistics Code of Practice;

· Common framework for quality management in the National Statistical System.

Quality assessment

Questionnaire on the implementation of the principles of the European Statistics Code of Practice.

Relevance
User needs
User satisfaction
Completeness
Accuracy and reliability
Overall accuracy
Sampling error
Non-sampling error
Timeliness and punctuality
Timeliness

· The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period;

· Updated annual data - T +9 months after the reporting period;

· Final data - balance sheets "Resource-Use" - T +3 years.

Punctuality
Coherence and comparability
Comparability - geographical
Comparability - over time
Coherence - cross domain

Additional information on other indicators in national accounts is available in other subject areas related to national accounts.

Coherence - internal
Cost and burden
Data revision
Data revision - policy

In practice, the system of national accounts, there are two main types of revisions beyond the scope and content of the methods of seasonal adjustment.

· The first type of audits is ongoing, regular characterized by the presence of new or updated statistical information based on statistical surveys or administrative sources.

· The second type of revisions is related to a change in the methodology and calculation procedures for specific statistical indicators.

Data revision - practice

In line with Eurostat to provide data on national accounts and the National Statistical Programme of Bulgaria, GDP data are developed in the following intervals:

· Quarterly rates:

- Flash estimates of GDP - T +42-43 days after the reporting period

- Current quarterly estimates of GDP - T +65 days after the reporting period

· The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period

· Updated annual data - T +9 months after the reporting period

· Final data - balance sheets "Resource -Use" - T +3 years

Statistical processing
Source data

Information sources for the development:

~ Income and expenses, including statistical annexes;

~ Report on production and sales of industrial production;

~ Revenues of construction enterprises by types of construction;

~ Sales of retail outlets by product groups;

~ National energy balance;

~ Natural - value balance about 130 product groups consumed during the production activity of enterprises and divisions;

~ Economic accounts for agriculture and natural - balance value of agricultural production;

~ Annual statistical report on employees and wages and salary;

~ Sample observations for the statistical description of the economic behavior of specific actors in the institutional framework of the economic system:

- Observations of household budgets;

- Observations of the situation and business statistics;

- Observations on private farms;

~ Annual accounts:

- Annual report of non-financial corporations;

- Annual report of non-profit organizations;

- Annual report of banking institutions;

- Annual report of insurance companies and pension funds;

- Annual report of other financial intermediaries;

~ Administrative data and balance sheet developments:

- Consolidated reports on implementation of the state budget;

- Customs information;

Frequency of data collection

Annually

Data collection

Exhaustively on an annual basis

Data validation

Implementation of validated procedures for assessing data quality

Data compilation

Implementation of validated procedures for assessing the quality of data and the development of estimation of the completeness of the data.

Adjustment

Not applicable.

Comment
Metadata Structure Definition in SDMX 2.1: ESMS_MSD+BNSI+2.0+SDMX.2.1.xml
Metadata Structure Definition in SDMX 2.0: ESMS_MSD+BNSI+2.0+SDMX.2.0.xml