Table 8.18
Integrated economic accounts (Current accounts) |
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Table 8.18
Integrated economic accounts (Accumulation accounts) |
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Table 8.18
Integrated economic accounts (Balance sheets) |
8.83 The integrated economic accounts give a concise overview of the accounts of an economy: current accounts, accumulation accounts and balance sheets.
They bring together in the same table the accounts of all the institutional sectors, the total economy and the rest of the world, and balance all the flows and all the assets and liabilities. They also enable the aggregates to be read off directly.
8.84 In the table of integrated economic accounts, uses, assets and changes in assets are recorded on the left-hand side, while resources, liabilities, changes in liabilities and net worth are recorded on the right-hand side.
8.85 To make the table readable while giving a picture of the whole economic process, the levels of aggregation used are the highest compatible with an understanding of the structure of the system.
8.86 The columns in the table represent the institutional sectors, namely: non-financial corporations, financial corporations, general government, non-profit institutions serving house- holds, and households. There are also a column for the total economy, a column for the rest of the world, and a column which balances uses and resources of goods and services
8.87 The rows in the table represent the various categories of transactions, assets and liabilities, balancing items and certain aggregates.