PowerPoint Presentation

ESA 2010 transmission programme

Hans WoutersEuropean Commission, Eurostat Unit C2National and Regional accounts and BoP

Eurostat

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Content

Introduction of ESA 2010ESA 2010 transmission programme (TP)Main reasons for changes transmission programmeEnlargement countries and ESA 2010

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Eurostat

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1. Introduction of ESA 2010 (1)European system of national and regional accountsThree parts: legal act, methodological guide, transmission programmeRevision of ESA 1995

ESA 79

ESA 95ESA 20103

Eurostat

1. Introduction of ESA 2010 (2)

Consistent with SNA 2008

ESA 2010Some concepts more detailedFor specific EU purposesContribution EU budgetRegional aid structural fundsExcessive deficit procedure

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Eurostat

1. Introduction of ESA 2010 (3)

Legally bindingUse of ESA methodologyTransmission programmeInto force on 16 July 2013To be implemented as of 1 September 2014

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Eurostat

2. ESA 2010 Transmission program (1)

Set of 23 tables of national accounts dataMain aggregatesTables by industry, capital stockSector accountsFinancial accountsRegional accountsGovernment accountsInput-output supply-use

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Eurostat

2. ESA 2010 Transmission program (2)

Quarterly (4), annual (17) and multi-annual tables (2)To be transmitted within specified time limitsVarying between 2 and 36 monthsFor defined time periodsFirst year varying between 1995 and 2010Subject to country-specific (temporary) derogations

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Eurostat

Gov2. ESA 2010 Transmission program (3)PensionsRegional

45d

60d

85d

36m24m9mGDPMain agg.QSAQGFSSUTIOT

21mDetailed breakdownsBreakdownsGovASA

12mRegionalAssets GFCFCOFOGFin.acc

3m8

Eurostat

2. ESA 2010 Transmission program(4)Content TP: requirements per tableList of variables and codesBreakdowns: industries, products, sectors, type of assets, geographical breakdown RoW, regions, consumption by purpose, government functionsOther characteristics: valuation, seasonal adjustment, consolidation, use/res assets/liabFootnotes9

Eurostat

2. ESA 2010 Transmission program(5)CodeList of variablesBreak-down(2)Current pricesPrevious year's prices and chainlinked volumes(10)B.1g1.Gross value added at basic pricesA*10xxD.212.a) Taxes on products(3)xxD.312.b) Subsidies on products(3)xxB.1g*3. Gross domestic product market pricesxxEtc.

Content TP: part of table 1 (example)10

Eurostat

3. Main reasons for changes in TP(1)Methodological changes User needs and EU policy needs Reduction reporting burden Integration transmission requirements into 1 legal act Alignment of international standards for data transmission (SDMX) 11

Eurostat

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3. Main reasons for changes in TP(2)

Methodological changes44 issues for revision (SNA)27 (ESA) issues discussed in handbook

Some major issuesChange in asset boundary R&D, weapon systemsChange in sector detailNew variables or breakdownsTreatment of goods sent abroad for processing12

Eurostat

3. Main reasons for changes in TP(3)

User needs and EU policy needsImprovement of timelinessImproved measurement of wealthGrown interest for ageing population13

Eurostat

3. Main reasons for changes in TP(4)

Reduction reporting burdenReasonsMS requests related to reduction of resourcesRelaxed user requirements

Some important examplesReduction of backward seriesNo double reportingDrop of distributive variables in main aggregates tablesDrop transmission of seasonally adjusted quarterly main aggregates in previous year's pricesReduction of requirements for industry breakdownsSwitch to evolving composition RoW breakdown

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Eurostat

3. Main reasons for changes in TP(5)

Legal simplification

Four formerly separate legal acts have been integrated in ESA 2010 legal actQuarterly non-financial accounts by institutional sector Quarterly non-financial accounts for general government Quarterly financial accounts for general government Quarterly government debt15

Eurostat

3. Main reasons for changes in TP(6)Alignment of international standards for data transmission (implementing SDMX)Technical standards have been evolving since last ESA data transmission programme chance and challengeDecision to use SDMX for NA data exchanges at world-level (SNA and ESA) and to coordinate closely with BOPNA data structure definitions (cooperation between ECB, OECD, IMF, WB and UN) coordinated by Eurostat16

Eurostat

4.Enlargement countries and ESA 2010 (1) Background: Eurostat work with the EC'sProject workMulti-country IPA projectsNational IPA projectsGrantsAssessmentsData transmissionTransmission programmeTransmission tools - SDMX

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4.Enlargement countries and ESA 2010 (2)

Why is ESA2010 and the TP important for IPA countries?ESA2010 TP provides key national accounts informationComparability with EU countriesCompliance is condition for accession EU18

4.Enlargement countries and ESA 2010 (3)

Introduction of ESA2010 by enlargement countriesESTAT recommendation: in September 2014Discussed in IPA 2011 workshop in Nov. '12EC's will prepare roadmap for implementationRoadmap contains two partsImplementation methodological changesImplementation data transmission ESA 2010 TP

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4.Enlargement countries and ESA 2010 (4)

Roadmap: methodological changesList of 74 issuesBased on SNA issues and ESA changes74 issues analysed and classified by all EC's

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4.Enlargement countries and ESA 2010 (5)

Roadmap: methodological changes (cont.)July '13: draft roadmap indicating implementation status of 74 issuesImplementedNot implemented but not relevantNot implemented but impact negligibleNot implemented, no plans yet21

4.Enlargement countries and ESA 2010 (6) Roadmap: methodological changes (cont.)End '13: update of draft roadmapPreliminary conclusion: few changes with high impact on National Accounts resultsEC's will study changes with high impact firstMost EC's will implement changes in September 2014

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4.Enlargement countries and ESA 2010 (7) Roadmap: transmission programme

Eurostat and enlargement countries monitor progress compliance with ESA2010By developing questionnaireWhere 3 groups of tables according to 'level of importance are distinguishedThat is updated by enlargement countries at least once a year23

ESA 2010 transmission programme

Hans WoutersEuropean Commission, Eurostat Unit C2National and Regional accounts and BoP

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