Database Specific
Database Specific Abstract AbstractThe Financial account, which is the second accumulation account, records financial flows: it indicates the types of financial instruments utilised by the different institutional sectors to acquire financial assets or incur liabilities.
Source Source Contact person/organisation Contact person/organisationOECD STD Financial Statistics
Direct source Direct sourceData are compiled and provided either by Central banks, or Statistical National Institutes.
Data Characteristics Data Characteristics Other data characteristics Other data characteristicsAs a general principal, the valuation of the financial assets and liabilities are at market value, which is the basic reference for valuation in the SNA.
Definitions and concepts are currently in line with the 1993 System of national Accounts (SNA 1993) (see 1993sna.pdf link).
For the new 2008 SNA, which will be implemented as from 2014, see SNA2008.pdf link. French version, forthcoming (see sna2008.asp link).
Unit of measure used Unit of measure usedStatistics are reported at current prices in millions of national currency.
Population & Scope Population & Scope Geographic coverage Geographic coverageQuarterly consolidated financial accounts are transmitted by non-EU countries only. Countries of the European Union are not requested to provide consolidated data.
Sector coverage Sector coverageThe sectors for which information is requested are:
Total economy (S1)
- Financial corporations (S11)
- Financial corporations (S12) and its sub-sectors (S121 to S125)
- General government (S13) and its sub-sectors (1311 to S1314)
- Households and Non-profit institutions serving households (S14-S15)
Rest of the world (S2)
Statistical population Statistical populationThe quarterly consolidated financial account database includes quarterly detailed information on the consolidated transactions of financial assets and liabilities of all institutional sectors of the economy.
Concepts & Classifications Concepts & Classifications Aggregation & consolidation Aggregation & consolidationAs a general rule in national accounts, the financial flows have to be recorded on a non-consolidated basis. However, consolidation data can be more significant for certain kind of analysis.
In Subject 610Q, data are reported on a consolidated basis, which means that counterparts’ transactions of financial assets or liabilities of sub-sectors of the same sector and of institutional units of the same sub-sector are eliminated.
The Financial account, which is the second accumulation account, records financial flows: it indicates the types of financial instruments utilised by the different institutional sectors to acquire financial assets or incur liabilities.
OECD STD Financial Statistics
Data are compiled and provided either by Central banks, or Statistical National Institutes.
Statistics are reported at current prices in millions of national currency.
As a general principal, the valuation of the financial assets and liabilities are at market value, which is the basic reference for valuation in the SNA.
Definitions and concepts are currently in line with the 1993 System of national Accounts (SNA 1993) (see 1993sna.pdf link).
For the new 2008 SNA, which will be implemented as from 2014, see SNA2008.pdf link. French version, forthcoming (see sna2008.asp link).
The quarterly consolidated financial account database includes quarterly detailed information on the consolidated transactions of financial assets and liabilities of all institutional sectors of the economy.
Quarterly consolidated financial accounts are transmitted by non-EU countries only. Countries of the European Union are not requested to provide consolidated data.
The sectors for which information is requested are:
Total economy (S1)
- Financial corporations (S11)
- Financial corporations (S12) and its sub-sectors (S121 to S125)
- General government (S13) and its sub-sectors (1311 to S1314)
- Households and Non-profit institutions serving households (S14-S15)
Rest of the world (S2)
As a general rule in national accounts, the financial flows have to be recorded on a non-consolidated basis. However, consolidation data can be more significant for certain kind of analysis.
In Subject 610Q, data are reported on a consolidated basis, which means that counterparts’ transactions of financial assets or liabilities of sub-sectors of the same sector and of institutional units of the same sub-sector are eliminated.