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Quarterly national accounts

The National accounts are central to the economic policy-making. GDP is one of the key sizes, and it expresses the value of the country's total production and thus what is available to use for private consumption, public consumption, investment and net exports.
The development of GDP describes economic growth, i.e. whether we become richer or poorer. The national accounts have many other important indicators, such as household savings. The national accounts are compiled according to international guidelines (ESA2010), making it comparable between countries.

Introduction
With the national accounts, we aim to provide an overall picture of the economy. The national accounts-system is a logical and coherent set of definitions and classifications without which it would not be possible to obtain an overview of the immense number of financial transactions that take place in the economy during a given period of time.

 The national accounts describe the economic cycle. The framework is a consistent and balanced system of economic operations and definitions that show how production activity (when we go to work) generates income which is then distributed (e.g. as wages) and redistributed (e.g. as taxes) before it creates a basis for the demand for goods and services for private consumption and savings. The system also shows how savings are placed (e.g. as a bank deposit).

The national accounts are calculated at constant prices (chained values) and at current prices. The national accounts at constant prices (chained values) are adjusted for price developments. Developments in real GDP (chained values) thus express the real economic growth.
In order to describe the economic cycle, the economic transactions and economic stakeholders are divided into different types and detailed classifications that are coherent and consistent with each other and over time. The quarterly national accounts have consistent time series dating back to the first quarter of 1990, while the sector-distributed quarterly accounts date back to the first quarter of 1999.
The quarterly national accounts are published for the first time 60 days after the end of the quarter, and a revised version will be published after a further 30 days. The sector-distributed quarterly accounts are published 90 days after the end of the quarter.
 

Revision of National Accounts

National accounts, government finance statistics and the balance of payments will be revised in September.

Grafik: Revision 2014 - Danmarks Statistik

See information on the transition to the accounting system ESA 2010.

revision of national accounts

Responsible for this page

Bo Siemsen