National Statistical Institute of Bulgaria

National Non-financial Accounts

Marin Gergov

Nachko Milenov

Head of department

Chief expert

[email protected]

[email protected]

+359 2 9857 666

+359 2 9857 670

National accounts data for Bulgaria are compiled according to the main methodological recommendations of the documents "System of National Accounts, 2008" (SNA 2008), an issue of EUROSTAT, IMF, OECD, UN and the World Bank, and "European System of Accounts, 2010" (ESA 2010), an issue of EUROSTAT. Main macroeconomic indicator of the Expenditure approach method is final consumption expenditure of households (HFCE).HFCE is calculated by domestic concept. Expenditures of resident and non-resident households on the economic territory (domestic concept). Household consumption expenditures are presented in 12 major sections.

Household consumption expenditure can be classified by consumption purpose according to the COICOP classification (Classification Of Individual Consumption by Purpose, see also Commission Regulation 113/2002 of 23 January 2002). COICOP categories at two-digit level are as follows:                                                                                                              01 - Food and non-alcoholic beverages
02 - Alcoholic beverages, tobacco and narcotics
03 - Clothing and footwear
04 - Housing, water, electricity, gas and other fuels
05 - Furnishings, household equipment and routine household maintenance
06 - Health
07 - Transport
08 - Communication
09 - Recreation and culture
10 - Education
11 - Restaurants and hotels
12 - Miscellaneous goods and services*

Household final consumption expenditure covering the following items:
• purchases of goods from the retail network, incl. Purchases between the public, purchases from mass caterers and canteens, as well as the cost of ongoing repairs to the goods;
• Purchases of services - electricity, water supply, heat;
• transport and communications services, residential rentals, educational services, paid

Health services, leisure, culture and sports;
• insurance and other services;
• goods produced by households for their own consumption represented by unincorporated activities and naturally consumed goods by the population;
• income in kind;
• the imputed rent of the dwellings occupied by their owners.

All statistical concepts and definitions to be used in national accounts are described in Annex A of the ESA 2010 Regulation. The two main sets of tables concern: (a) the institutional sector accounts; (b) the input-output framework, and the accounts by industry. Final consumption expenditure of households, covering the following items:purchases of goods retailed incl. purchases between population purchases from catering and chairs, as well as pay for the repair of the goods; •Purchase of services - electricity, water and heat; •transport and communication services, residential rents, educational services paid health services, services related to leisure, culture and sport; •insurance and other services; •goods produced by households for their own consumption, represented by unincorporated activities and natural products consumed by the population; income in kind; •imputation of housing occupied by owners.

Resident and non-resident households on the economic territory.

Statistical population of a country consists of all resident and non-resident households. A unit is a resident unit of a country when it has a centre of predominant economic interest on the economic territory of that country — that is, when it engages for an extended period (one year or more) in economic activities on this territory. National accounts combine data from many source statistics(Household budget survey, Retail trade statistics, Administrive source data e.g.)

The reference area for national accounts is the total economy of a country. The total economy of a country can be broken down into regions. The NUTS classification provides a single, uniform breakdown of the economic territory of (the Member States of) the EU.

data starting from 2000

2010

Sources of data are statistical surveys are annual accounts of economic units and administrative data:Income and expenses, including statistical annexes; LFS, Annual statistical report on employees and wages and salary;Consolidated Statement of implementation of the state budget; Tax information,Houshold budget survey and other.

Annual

Exhaustively for all units

Implementation of validated procedures for assessing data quality

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

Quality is assured by strict application of ESA 2010 concepts and by thorough validation of the data.

National Accounts data is key information for economic policy monitoring and decision making, forecasting, for administrative purposes and for information of the general public and for economic research. Users of annual national accounts data are typically interested in analysing structural changes in the economy from a medium-term perspective

BG NSI follows up the interest perceived from users on the basis of databases and downloads of the data.

BG NSI publishes all revision and explanations of the data.

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National data are revised according to national schedules, and revisions are transmitted to Eurostat. Figures for the annual aggregates are revised at least twice per year, with the t+2 months and the t+9 months releases of quarterly accounts.  These dates are pre-announced in the release calendar on BG NSI's web-site. On these occasions, previously published figures are subject to revision for all variables and all quarters.

National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: Regular – quarterly, preliminary, final data; and Major - based on implementation of new methodology or GNI reservations.

The data transmitted to Eurostat are in compliance with ESA 2010 DTP and respective derogations for the country.

The data transmitted to Eurostat are in compliance with ESA 2010 DTP and respective derogations for the country.

The data transmitted to Eurostat are in compliance with ESA 2010 DTP and respective derogations for the country.

The comparability is insured by the application of common definitions  of ESA 2010

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

In certain cases, data from other domains of economic statistics, i.e. balance of payments statistics, business statistics, household budget statistics or external trade statistics can be used for cross-checking purposes. These economic statistics are also available from the appropriate domains on BG NSI's website.

Annual and quarterly data for all sub domains of national accounts should be coherent.

Annual and quarterly data for all sub domains of national accounts should be coherent.

Annual and quarterly data for all sub domains of national accounts should be coherent.

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T0501 - Final consumption expenditure of households by purpose is a part from GNI Data Transmission Programme

Eurostat websait

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European System of Accounts (2010) (Eurostat). The methodology is also available on BG NSI website.

Quality is assured by strict application of ESA 2010 concepts and by thorough validation of the data.

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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. The European Statistics Code of Practice provides further conditions that have to be respected by statistical offices in regard to statistical confidentiality (Principle 5): The privacy of data providers (households, enterprises, administrations and other respondents), the confidentiality of the information they provide and its use only for statistical purposes are absolutely guaranteed.

If  data are with a confidentiality flag or are under an embargo date, these data are not published.