Skip to content

Privacy and Cookie Policy

We use cookies to improve the user experience. By continuing on this page, you accept our use of cookies.

OK

Please read our Privacy and Cookie Policy here to find out more.

Statistical presentation

Contact info

Government Finances, Economic statistics
Ulla Ryder Jørgensen
+45 39 17 36 73

urj@dst.dk

Get as PDF

Regional Accounts

Regional accounts describe the geographical dimension of production and income conditions as these are compiled in the functional national accounts using the production approach. The regional allocation aims at adding output and value added etc. to the region in which production takes place, mainly the residences of production or local kind-of-activity units. This is different to e.g. income statistics where the calculation is based on the recipients address. Regional accounts contain information on output, intermediate consumption and gross value added in both current and chained 2005-prices as well as other taxes less subsidies on production, compensation of employees, and gross operating surplus and mixed income in current prices. Moreover information on the number of salary earners and total employment is also compiled. GDP by region is published both in total and per capita.

Data description

Regional accounts describe the geographical dimension of production and income conditions as these are compiled in the functional national accounts using the production approach. The regional allocation aims at adding output and value added etc. to the region in which production takes place, mainly the residences of production or local kind-of-activity units. This is different to e.g. income statistics where the calculation is based on the recipients address. Regional accounts contain information on output, intermediate consumption and gross value added in both current and chained 2010-prices as well as other taxes less subsidies on production, compensation of employees, and gross operating surplus and mixed income in current prices. Moreover information on the number of salary earners and total employment is also compiled. GDP by region is published both in total and per capita.

Classification system

Geographical classifications follow the EU's NUTS-classification (Nomenclature of Territorial Units for Statistics).

Groupings of industry follow Statistics Denmark's industrial classification DB07, which is a Danish version of the EU NACE, rev. 2. and the UN's ISIC, rev. 4, contains a number of standard classifications: the 127, 36, 19, and 10 classifications.

The final national accounts classification of 117 industries corresponds - with few deviations - to the 127 standard classification and the 117 industries of the national accounts can be aggregated to the other standard classifications. For this reason, national accounts figures can easily be compared to and used in connection with other statistics that are based on the DB07-standard classifications.

However, comparisons with other statistics at a detailed industry level will often show differences, partly because of differences in definitions of variables, and partly because of the calendar year delimitation of the national accounts and its requirement of total coverage of the economic activity.

Internationally there is a high degree of comparability with the national accounts of other countries because the Danish national accounts are compiled in accordance with the definitions in the European System of National Accounts ESA2010.

Regional accounts are published at the 10a3-aggregation level.

Sector coverage

All industries according to Danish Industrial Classification of All Economic Activities 2007 (DB07).

Statistical concepts and definitions

  • Account concepts
    • The national accounts are compiled in accordance with the definitions in the EU's "European System of National and Regional Accounts - ESA2010", which is a European version of the UN's "A System of National Accounts 2008". The main structure of the national accounts consists of a number of consolidated accounts for the economy as a whole which are called: Goods and services account, Production account, Generation of income, distribution of income and spending of income accounts, Capital account and Rest of the world account. The Goods and services account shows the value of the total supply of goods and services in the form of output and imports of goods and services. The supply is equivalent to the value of the total use of goods and services distributed between intermediate consumption, final consumption expenditure, gross fixed capital formation, changes in inventories and exports of goods and services. The central variable GDP - Gross Domestic Product - can be found in the Production account. The Generation of income, distribution of income and spending of income accounts show the incomes, which are a result of the Danish value added tax, to which these incomes accrue, and how they are used. The Capital account shows how gross savings have been spent on gross fixed capital formation and changes in inventories, resulting in net lending/net borrowing. This, in turn, corresponds to the balance in the Rest of the world account, which largely corresponds to the balance of the current account in the balance of payments. In the institutional system, the above mentioned accounts (except the Goods and services account) are divided into the following institutional sectors: Non-financial enterprises, Financial enterprises, Government services, Households, Non-profit Institutions serving Households (NPISH) and Rest of the world account.

Statistical unit

For the compilation of output, intermediate consumption, taxes linked to production and subsidies, wages and salaries, employment, fixed capital formation and depreciation, the statistical unit is the local kind-of-activity unit. For the compilation of distributive and financial transactions, which cannot be divided up unambiguously among the individual kind-of-activity units belonging to a decision making unit (enterprise), the unit is the larger institutional unit, which in most cases will be the same as the legal unit which is the enterprise.

Statistical population

All units generating Danish economic activity

Reference area

Denmark.

Time coverage

1993-2018.

Base period

GDP, Production, Intermediate production, Gross value added and Gross fixed capital formation are also compiled as chain volume indices (chained values) with 2010 as base year. This is an attempt to isolate the volume part of the monetary values.

Unit of measure

  • GDP, production, gross fixed capital formation etc. are published in mill. DKK
  • Per. capital values are published in 1000 DKK.
  • Employment and average population are published in number of persons.
  • Hours worked are published in 1000 hours.

Reference period

The reference period for the economic flows of the regional accounts is equivalent to the national accounts being the year in which the economic activity occurs. Information on employment is annual averages.

Frequency of dissemination

Annually.

Legal acts and other agreements

The legal authority to collect data is provided by the Act on Statistics Denmark, section 8-12, as subsequently amended (most recently by Act no. 610 of may 30th, 2018).

Council Regulation (EC) No 549/2013 of 21 May 2013 on the European system of national and regional accounts in the Community (ENS 2010) (EFT L 174 26.06.2013, p. 1) - ESA2010.

Cost and burden

There is no direct burden of response since data are collected by other offices in Statistics Denmark.

Comment

Further information can be found at the subject page on Regional accounts or by contacting Statistics Denmark directly.