General Government expenditure and revenue
8.99 (a) General government expenditure and revenue are defined by reference to a list of ESA 95 categories.
Government expenditure comprises the
following ESA 95 categories, recorded under the use side of general government
accounts, with the exception of D.3 and D.9 which are recorded under the
resource side of general government accounts
:
| P.2 | Intermediate consumption |
| P.5 | Gross capital formation |
| D.1 | Compensation of employees |
| D.29 | Other taxes on production |
| D.3 | Subsidies, payable |
| D.4 | Property income |
| D.5 | Current taxes on income, wealth, etc. |
| D.62 | Social benefits other than social transfers in kind |
|
D.6311 + D.63121 + D.63131 |
Social transfers in kind related to expenditure on products supplied to households via market producers
|
| D.7 | Other current transfers |
| D.8 | Adjustment for the change in net equity of households in pension funds reserves |
| D.9 | Capital transfers, payable |
| K.2 | Acquisitions less disposals of non-financial non-produced assets |
Government revenue comprises the following ESA 95 categories, recorded under the resource side of general government accounts, with the exception of D.39 which is recorded under the use side of general government accounts:
| P.11 | Market output |
| P.12 | Output for own final use |
| P.131 | Payments for the other non-market output |
| D.2 | Taxes on production and imports |
| D.39 | Other subsidies on production, receivable |
| D.4 | Property income |
| D.5 | Current taxes on income, wealth, etc. |
| D.61 | Social contributions |
| D.7 | Other current transfers |
| D.9
|
Capital transfers |
By definition, the difference between general government revenue and general government expenditure is net lending (+)/net borrowing (–) of the general government sector.
The transactions D.41, D.7, D.92 and D.99 are consolidated. The other transactions are not consolidated.