The national accounts in 2016National accounts - Base 2010
Output and intermediate consumption in 2016National accounts - Base 2010
Simplified tables by product (in 38 items)
Detailed tables by product (in 88 items)
Ouput (P1) is an activity performed under the control and the responsibility of an institutional unit which combines entries - work, capital, goods and services - to produce goods or provide services. Output is mostly destinated to institutional units other than the productive unit, but it may also be used by producer. There are three types of production:
- market output (P11), which includes mostly products selled at "economically significant" prices;
- output produced for own final use (P12), which includes goods and, limitedly, services produced by an institutional unit for its own final consumption or its own fixed capital formation. Output of housing service by households which own their dwelling belongs to this category;
- non-market output (P13), which designate output intended for other institutional units, when it is delivered for free of charge or at prices that are not economically significant.
Time of recording and valuation of output
Output is valued and recorded when it is generated.
Market output (P11) is valued at basic price. This price corresponds to the amount receivable by the producer from the purchaser minus, if appropriate, taxes upon products (VAT, taxes upon alcohols and tobacco, domestic taxe upon energetical products, etc.) and plus subsidies upon products (mainly upon transport et agricultural products). Basic price excludes transport charges invoiced separately by the producer, but includes non isolated transport charges.
Output for own final use (P12) is normally valued at basic price of similar products sold on the market. Therefore, this may generate net operating surplus or mixed income.
Non-market output (P13) is valued at costs of production, i.e. as the sum of intermediate consumption (P2), compensation of employees (D1), consumption of fixed capital (P51c) and other taxes on production (D29) less other subsidies on production (D39).
Intermediate consumption (P2) is equal to the value of goods and services consumed during the production process. On the other side, the loss of value incurred by fixed assets during the production process is a consumption of fixed capital (P51c).
Sometimes, the dividing line between intermediate consumption and capital formation is based on conventions. Thus are included in intermediate consumption : current maintenance of corporation buildings, training of employees, etc.
Breaking down economy into branches of activity
The output analysis is based on the breakdown of economy by grouping all the producers who perform the same kind-of-activity, even if these producers belong to different institutional sectors.
Each institutional unit is divided in homogeneous production units (HPU): an HPU is a unit providing only one product. HPU are then grouped in homogeneous branches.
Grouping output and intermediate consumption of HPU engaged in the same kind-of-activity according to the NACE rev.2 provides output by branch and intermediate consumption by branch. For kind-of-activity branches, only production accounts and generation of income accounts are worked out.
Classsification of economy
The activity classification upon which the beakdown of the economy is made is the Nomenclature d'Activités Française - révision 2 (NAF rév.2) , similar to NACE rev.2.
Items of NAF rev. 2 are grouped within the frame of the aggregate classification 2008 (NA2008). This classification allows grouping at several levels : A10 in 10 items, A17 in 17 items, A21 in 21 items, A38 in 38 items, A64 in 64 items, A88 in 88 items, A129 in 129 items and A138 in 138 items. It provides synthetic data fot economical analysis and publication of national accounts.