Government Finance , Quarterly Accounts
Contact infoGovernment finance statistics, Economic department
Ida Balle Rohde
+45 39 17 30 15
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Quarterly government finances inform on public expenditure and revenue. The statistics cover the period from the first quarter of 1999 and are published within three months of the end of the quarter.
The statistics show the quarterly expenditure and revenue in the sector of general government. The statistics include more data on taxes, income transfers to households and public consumption. The statistics are published within three months of the end of the quarter to which the data concerns. All numbers are in current prices. The statistics of quarterly public finances cover the period from 1. quarter 1999.
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The main source for the statistics is the accounts of the state, municipalities and regions. The numbers are supplemented by other sources. Estimates are included for the supplement period. For numbers that are not accrued appropriately to the quarters, a calculation is made based on the numbers for the previous quarters, which are distributed among the quarters. There is conducted error detection and validation of the numbers. Table OFF10K and OFF12K are adjusted for seasonal effects.
In relation to the assessment of the expenditures to COVID-19 aid packages, data from the central government accounts is supplemented with weekly records from Danish Business Authority (Erhvervsstyrelsen) in relation to payment to businesses. There is uncertainty connected with the assessment of the expenditures to COVID-19 aid packages. Post-registrations might occur despite end of the compensation periods. Furthermore, it is very likely that some aid might be repaid to the government, if businesses have not satisfied the conditions for the aid and thus have received unwarranted aid. The last possibility to report any compensation package will occur at 30. September 2022.
In relation to the assessment of the expenditures to mink compensation, data from the central government accounts is supplemented with quarterly records from the Danish Veterinary and Food Administration in relation to payment to mink breeders.
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The statistic covers the sector of government finances. The statistic has a lot of interested parties including ministries, politicians, the press and Eurostat.
Accuracy and reliability
There is no estimation on the uncertainty. Error accounting records are much more frequent in the quarterly accounting reports than in annual accounting reports. The quarterly accounting reports for the central government, regions and municipalities are not represented a final accounting for the quarter. They rather represent a snapshot of the expenditure and revenue recorded at the end of the quarter.
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Timeliness and punctuality
The statistics are usually published without delay in relation to the scheduled date which is three months after the end of the quarter.
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There is complete comparability with government finance statistics in other countries complying with international standards, i.e. ESA 2010 and SNA 2008. There is comparability over time, but the numbers are calculated at current prices.
Accessibility and clarity
The statistics are published in Nyt fra Danmarks Statistik (News from Statistics Denmark) and in Offentlige finanser (Public finance), which appears in the series Statistiske Efterretninger (Statistical News).
Information is also available from Statbank Denmark at Statistikbanken in the tables OFF3K, OFF26K, OFF10K og OFF12K.