Quarterly non-financial sector accounts

Data presented in this press release are derived from Quarterly non-financial accounts by institutional sector (QSA), that include Quarterly non-financial General government account. QSA are estimated at current prices and expressed in millions of euro. Data for Consumer households and Non-financial corporations are presented in seasonally adjusted form. Data for the General government are not seasonally adjusted.

General government account

In the fourth quarter of 2017 total revenues for General government grew by 0.7% while total expenditures remained unchanged compared with the same quarter of the previous year. The growth of total revenues results from an increase in current revenues (+0.9%) and a decrease of total capital revenues (-16.5%). The trend in expenditure results by a decrease in current expenditures (-0.4%) and an increase in capital expenditures (+6.2%).

Consumer households

In the fourth quarter of 2017 gross disposable income of Consumer households increased by 0.6% with respect to the previous quarter and final consumption expenditure by 0.5%. Compared with the fourth quarter of 2016 gross disposable income of Consumer households raised by 2.3% and final consumption expenditure by 2.2%.

Non-financial corporations

The gross profit share of Non-financial corporations (defined as gross operating surplus divided by gross value added) was 41.5% in the fourth quarter of 2017, compared to 41.7% in the previous quarter and 42.5% in the fourth quarter of 2016.