National Statistical Institute

National Non-financial Accounts

Elena Bakalova

Viktoria Spasova

Chief expert

Junior expert

2 P. Volov Str., Sofia 1038

[email protected]

[email protected]

+359 2 9857 540

+359 2 9857 222

Quarterly non-financial accounts for "General Government" and the "Rest of world" represents the economic activity of the government and non-resident units comparable to other European countries, on the basis of national accounts according to the European System of Accounts 2010 (ESA 2010). For this purpose we develop tables showing income and expenditure of the sector "General Government" and "Rest of world". Industry data are consistent with the annual data are developed on the basis of national accounts according to the European System of Accounts 2010 (ESA2010).

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

According to ESA 2010 institutional sector "General Government" includes the bodies of government that meet individual and collective needs of society (Central Government - ministries, departments and regional administrations, Local Government - municipalities) as well as businesses, financed and controlled by the government and centralized social security funds, institutional sector "Rest of world" includes all non-resident institutional units engaged in operations and have economic links with resident units of the national economy.

Bulgaria has committed to provide statistical information of Eurostat as regards the quarterly transactions "General Government" set out in the European System of Accounts (ESA2010) according to requirements of Regulation 264/2000 of 3 February 2000 the European Commission and Council Regulation 1221 / 2002 of the European Parliament and Council of 10 June 2002. Eurostat shall draw up and publish a so-called Manual on quarterly non-financial accounts for "General Government" which supplements the development of taxes and social payments on a quarterly basis.

· Sector "General Government" includes several sub-sectors in accordance with ESA 2010 : Central Government - S.1311 ( includes all units whose accounts are included in the budget of plants , universities, Bulgarian National Television, Bulgarian National Radio, extra bills, hospitals funded government and other institutional units with separate budgets), Local Government - S.1313 ( includes all municipalities, hospitals funded by them and extra -budgetary funds to municipalities ), and Social Security Funds - S.1314 ( National Social Security Institute and the National Health Insurance Fund ).

· The main source for the development of statistics on quarterly non-financial indicators of the sector "General Government" used the reports on implementation of the consolidated fiscal program provided by the Ministry of Finance. Reports on implementation of the consolidated fiscal program prepared in accordance with applicable national budget classification.

Institutional unit under ESA 2010 - budgetary institutions, non-financial enterprises reclassified in the "Central Government."

Economic territory of the country

Bulgaria

From 1999 (Infostat)

The main sources of data for the development of sector accounts for "General Government" and "Rest of world" are:

~Macroeconomic indicators of non-financial national accounts;

~Report of income and expenses, including statistical annexes;

~ Administrative data:

  - Consolidated reports on implementation of the state budget;

  - Customs information;

  - Tax information;

  - Balance of payment;

  - Additional information from ministries and agencies;

Quarterly

Exhaustively for all units in "General Government" sector.

Quarterly bank information on the operations of non-resident and resident units.

Implementation of validated procedures for assessing data quality.

Implementation of validated procedures for assessing data quality.

· European Statistics Code of Practice;

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

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

Providing comparable data series is accompanied by a revision of the statistical results which in most cases is in line with regulatory requirements and recommendations. The most common practice - regular revisions, followed by a change in the methodology (for a quarter of revised products) or accepted EC regulations (over a third of the revised products). Other reasons for the revisions identified by experts were: change from one classification to another (from NOC to NACE) revisions related to the notification tables for debt and deficit of the general government sector "Rest of world" concerning the updating of the population.
Quarterly data for the "General Government" is reviewed in the following cases:
· update for previous quarters - if further additional information, reclassification and other improvements;
· in the case of annual data as quarterly data are available earlier than the annual data;
· in March and September, when the quarterly data should be adjusted in accordance with the notification tables on government deficit / surplus and debt;
· planned methodological revisions.

Quarterly data for the "General Government" is reviewed in the following cases:
· update for previous quarters - if further additional information, reclassification and other improvements;
· in the case of annual data as quarterly data are available earlier than the annual data;
· in March and September, when the quarterly data should be adjusted in accordance with the notification tables on government deficit / surplus and debt;
· planned methodological revisions.

T +3 months after the reporting period.

Additional information for the "General Government" is available in other subsections of section Government Finance Statistics.

The comparability is ensured  through the implementation of common definitions of ESA 2010.

By using a common framework of the European System of Accounts  ESA 2010, the data can be comparable over time.

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

Not applicable.

Electronic publication (on CD-ROM)

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/5550

Not applicable.

European system of accounts (ESA 2010)

• 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.