Sector accounts
Annual accounts at current prices of institutional sectors by national economy and institutional sector: gross value added/GDP, gross operating surplus, gross mixed income, gross balance of primary income / gross national income, gross disposable income, adjusted gross disposable income, gross savings, current external and internal balance of goods and services, current external balance, net lending (+) / net borrowing (–), and components to calculate these estimates In quarterly non-financial accounts, these indicators are provided for the general government sector and the rest of the world In financial accounts: financial transactions by instrument of national accounts and sector; financial assets and liabilities by instrument of national accounts and sector | |
Estonian Classification of Economic Activities (EMTAK 2008) based on NACE Rev. 2 Classification of the Functions of Government (COFOG) Classification of Individual Consumption According to Purpose (COICOP) Combined Nomenclature (CN) Statistical Classification of Products by Activity in the European Economic Community (CPA 2008) List of Products of the European Community (PRODCOM List) ESA: Classification of transactions and other flows 2010 ESA: Classification of assets 2010 ESA: Classification of institutional sectors 2010 | |
Non-financial corporations, financial corporations, general government, households, non-profit institutions serving households, the rest of the world | |
Gross domestic product (GDP) at market prices – the sum of the gross value added of all resident producers, plus taxes on products. | |
Institutional sector | |
Not applicable FRAME Not applicable | |
Estonia as a whole | |
1995–… | |
Not applicable |
DIRECTLY APPLICABLE LEGAL ACTS Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (Text with EEA relevance) Council Regulation (EC, Euratom) No 1287/2003 of 15 July 2003 on the harmonisation of gross national income at market prices (GNI Regulation) Commission Regulation (EC) No 109/2005 of 24 January 2005 on the definition of the economic territory of Member States for the purposes of Council Regulation (EC, Euratom) No 1287/2003 on the harmonisation of gross national income at market prices Commission Regulation (EC) No 1722/2005 of 20 October 2005 on the principles for estimating dwelling services for the purpose of Council Regulation (EC, Euratom) No 1287/2003 on the harmonisation of gross national income at market prices Commission Implementing Regulation (EU) No 724/2014 of 26 June 2014 on the interchange standard for the transmission of data required under Regulation (EU) No 549/2013 of the European Parliament and of the Council on the European system of national and regional accounts in the European Union (Text with EEA relevance) COMMISSION DELEGATED REGULATION (EU) 2015/1342 of 22 April 2015 amending the methodology for the classification of products by activity given in Annex A to Regulation (EU) No 549/2013 of the European Parliament and of the Council REGULATION (EC) No 1365/2006 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 6 September 2006 on statistics of goods transport by inland waterways and repealing Council Directive 80/1119/EEC COMMISSION IMPLEMENTING REGULATION (EU) 2016/2304 of 19 December 2016 on the modalities, structure, periodicity and assessment indicators of the quality reports on data transmitted pursuant to Regulation (EU) No 549/2013 of the European Parliament and of the Council OTHER LEGAL ACTS COMMISSION DECISION of 22 February 1994 on measures to be taken for the implementation of Council Directive 89/130/EEC, Euratom on the harmonization of the compilation of gross national product at market prices (94/168/EC, Euratom) COMMISSION DECISION of 24 July 1998 on the treatment for national accounts purposes of VAT fraud (the discrepancies between theoretical VAT receipts and actual VAT receipts) (notified under document number C(1998) 2202) OTHER AGREEMENTS Statistical Office of the European Union (Eurostat) International Monetary Fund (IMF) Organisation for Economic Co-operation and Development (OECD) |
The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 32, § 34, § 35, § 38 of the Official Statistics Act. | |
The dissemination of data collected for the production of official statistics is based on the requirements laid down in §§ 34 and 35 of the Official Statistics Act. The principles for treatment of confidential data can be found here. |
Notifications about the dissemination of statistics are published in the release calendar, which is available on the website. Every year on 1 October, the release times of the statistical database, news releases, main indicators by IMF SDDS and publications for the following year are announced in the release calendar (in the case of publications – the release month). | |
All users have been granted equal access to official statistics: dissemination dates of official statistics are announced in advance and no user category (incl. Eurostat, state authorities and mass media) is provided access to official statistics before other users. Official statistics are first published in the statistical database. If there is also a news release, it is published simultaneously with data in the statistical database. Official statistics are available on the website at 8:00 a.m. on the date announced in the release calendar. |
Not published | |
Not published | |
Data are published under the subject area “Economy / National accounts” in the statistical database at https://andmed.stat.ee/en/stat. | |
Not applicable | |
Not used | |
European System of Accounts 2010 (ESA 2010) http://ec.europa.eu/eurostat/web/products-manuals-and-guidelines/-/KS-02-13-269 System of National Accounts 2008 (2008 SNA). European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations, World Bank (2009, New York) http://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf | |
Not available |
To assure the quality of processes and products, Statistics Estonia applies the EFQM Excellence Model, the European Statistics Code of Practice and the Quality Assurance Framework of the European Statistical System (ESS QAF). Statistics Estonia is also guided by the requirements in § 7. “Principles and quality criteria of producing official statistics” of the Official Statistics Act. | |
Statistics Estonia performs all statistical activities according to an international model (Generic Statistical Business Process Model – GSBPM). According to the GSBPM, the final phase of statistical activities is overall evaluation using information gathered in each phase or sub-process; this information can take many forms, including feedback from users, process metadata, system metrics and suggestions from employees. This information is used to prepare the evaluation report which outlines all the quality problems related to the specific statistical activity and serves as input for improvement actions. |
Ministry of Finance The Ministry of Finance for the detailed analysis of economic activity, domestic demand, financial assets and liabilities, for development plans and formulation of policies. For economic studies, research and analyses, for the dissemination of statistical information. | |
Since 1996, Statistics Estonia has conducted reputation and user satisfaction surveys. All results are available on the website of Statistics Estonia in the section User surveys. | |
In compliance with the European System of Accounts 2010 (ESA 2010) methodology |
The accuracy of accounts of institutional sectors depends on the quality of source data from other statistical activities. The accuracy of the input data from other statistical activities is monitored. | |
Not applicable | |
Eurostat and the NSIs try to reduce non-sampling errors through continuous methodological improvements and survey process improvements. |
The annual financial and non-financial accounts data by institutional sectors are published 270 days after the end of the reference year (T + 270). 630 days after the end of the reference period (T + 630) the published data are revised according to the Structural Business Survey (SBS; in Estonian EKOMAR). 1,350 days after the end of the reference period (T + 1350) the published data are revised according to the supply and use tables. The quarterly financial and non-financial accounts data by general government and the rest of the world sectors are published 85 days after the end of the reference quarter (T + 85). | |
The data have been published at the time announced in the release calendar. |
The geographical comparability of national accounts in Member States of the European Union is ensured by the application of common definitions of the European System of Accounts (ESA 2010). Worldwide geographical comparison is also possible as most non-European countries apply the System of National Accounts (SNA 2008) guidelines, and SNA 2008 is consistent with ESA 2010. | |
Sector accounts time series compiled according to a common methodology start from 1995. | |
Within the system of national accounts there is full consistency between the domains: annual and quarterly national accounts, government accounts, sector accounts, financial accounts, regional accounts, supply and use tables. However, in practice full consistency may not always be possible and temporary discrepancies might occur. They are usually the result of vintage differences. Primary statistics like structural business statistics (SBS), short term statistics (STS) and labour force statistics (LFS) are widely used as input for national accounts. However, there is no full consistency between these statistical domains and national accounts. Main reasons are differences in concepts/definitions and in coverage. Balance of payments is also used as an important source for national accounts. The definitions and coverage of balance of payments, as defined in the BPM6 manual, are fully harmonised with those in ESA 2010. Therefore, balance of payments variables are in principle fully coherent with the corresponding national accounts variables. | |
Within the system of national accounts there is full consistency between the domains: annual and quarterly national accounts, government accounts, sector accounts, financial accounts, regional accounts, supply and use tables. However, in practice full consistency may not always be possible and temporary discrepancies might occur. They are usually the result of vintage differences. |
The data revision policy and notification of corrections are described in the section Principles of dissemination of official statistics of the website of Statistics Estonia. | |
Every year, the data for the last four years are revised based on the supply and use tables and the Structural Business Survey. The results of regular revisions are published in September. |
SURVEY DATA Not used ADMINISTRATIVE DATA Data on the state budget and local government budgets and data on state accounting entities from the information system of governmental accounts are received from the Ministry of Finance. The expenditure report of state pension insurance is received from the Social Insurance Board. The expenditure report of health insurance is received from the Estonian Health Insurance Fund. Data on the following tax returns are received from the Estonian Tax and Customs Board: income tax return for a resident natural person (form A); business income of a resident natural person (form E); declaration of income and social tax, unemployment insurance premiums and contributions to mandatory funded pension (form TSD); gifts and donations made to registered non-profit associations and foundations, to persons registered in the register of churches or register of religious associations, to a hospital operator, to a research, cultural, sports, educational, law enforcement or social welfare institution of the state or local government, or to a manager of a protected area; other gifts and donations. Annual reports are received from the Centre of Registers and Information Systems. The following data are received from the Eesti Pank (the central bank of Estonia): annual report, aggregated balance sheet and income statement of commercial banks, aggregated income statement of leasing companies. DATA FROM OTHER STATISTICAL ACTIVITIES Data from statistical activities 20001 “Financial statistics of non-profit organisations”, 20003 “Financial statistics of agricultural, forestry and fishing enterprises (annual)”, 20206 “Energy consumption and production (annual) ”, 20300 “Financial statistics of enterprises (annual)”, 21101 “Wages and salaries”, 21207 “Economic accounts for agriculture“, 21300 “Financial statistics of financial service activities and activities auxiliary to financial services (annual)”, 21308 “Financial statistics of insurance enterprises (annual)”, 21303 “Government finance”, 21401 “National accounts (annual)”, 21405 “National accounts (quarterly)”, 21408 “Supply and use tables”, 40203 “Household Budget Survey” or 40204 “Consumption expenditure forecast”, 40604 “Health care” and 40701 “Labour Force Survey” are used. | |
Annual Quarterly | |
Administrative data are received via an FTP-server and X-Road, and by e-mail. | |
Arithmetic and qualitative controls are used in the validation process, including comparison with the data of previous periods and other surveys. | |
The collected data are converted into statistical output. This includes calculation of additional indicators. | |
Not applicable |