GDP by Income approach - Total of economy

Time series : GDP_1.1.2_ESA_2010_en.xls

GDP identity from the income side for 2023, economic activities A10, Million BGN
Activity / ESA code	Name	Compensation of employees by industry ⁽¹⁾	Wages and salaries ⁽¹⁾	Employers' social contributions ⁽¹⁾
A	Agriculture, forestry and fishing	2 012.614	1 790.243	222.371
BTE	Mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities	16 238.350	13 795.782	2 442.568
C	of which: Manufacturing	12 721.019	10 917.506	1 803.513
F	Construction	3 434.996	3 024.316	410.680
GTI	Wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities	17 528.581	15 288.289	2 240.292
J	Information and communication	9 118.846	8 267.776	851.070
K	Financial and insurance activities	2 509.837	2 270.829	239.008
L	Real estate activities	796.835	720.711	76.124
M_N	Professional, scientific and technical activities; administrative and support service activities	7 130.391	6 325.015	805.376
OTQ	Public administration and defence; compulsory social security; education; human health and social work activities	20 306.142	16 287.439	4 018.703
RTU	Arts, entertainment and recreation, repair of household goods and other services	1 845.111	1 619.734	225.377
D.1	Total	80 921.703	69 390.134	11 531.569
B2G+B3G	Gross operating surplus and mixed income	83 148.043
D2	Taxes on production and imports	27 372.817
D3	Subsidies on production and imports	6 210.057
D2X3	Taxes on production and imports less subsidies	21 162.760
B1GQ	Gross domestic product	185 232.506
⁽¹⁾ Compensation, Wages and salaries and Employers' social contributions of employees working in resident production units.

18.10.2024

Methodology

GDP - Income approach - Total of economy - GDP
Contact
Contact organisation	National Statistical Institute
Contact organisation unit	Non-financial National and Regional Accounts
Contact name	Boryana Manolova
Contact person function	Head of department
Contact mail address	2 P. Volov Str., Sofia 1038
Contact email address	[email protected]
Contact phone number	+359 2 9857 623
Contact fax number
Metadata update
Metadata last certified	17 August 2023
Metadata last posted	17 August 2023
Metadata last update	17 August 2023
Statistical presentation
Data description	National accounts for Bulgaria are compiled according to the main methodological recommendations of the documents "System of National Accounts, 2008" (SNA 2008), an issue of EUROSTAT, IMF, OECD, UN and the World Bank, and "European System of Accounts, 2010" (ESA 2010), an issue of EUROSTAT. Main macroeconomic indicator of the system of national accounts is the gross domestic product (GDP). The method of income is an integral part of the accounts for the primary distribution of income. Approach reflects income as an element of the value added created in the production process. Balance sheet item of income approach is the gross operating surplus / mixed income.
Classification system	Classification of Economic Activities (CEA-2008, for international use NACE.BG-2008)
Sector coverage	Total economy
Statistical concepts and definitions	The Generation of Income account is compiled in parallel with the Production account and shows the activity, economic and institutional sector in which the primary incomes originate. Gross value added is the resource of this account. Scheme for the calculation of GDP by the value method is as follows: Gross domestic product (market prices ) : + Compensation of employees ( labor costs and social security ) + Net other taxes on production and imports (taxes - subsidies on production and imports ) + Gross operating surplus / mixed income + Adjustments Components of the value method are grouped by economic sector, sectors and can only be assessed at current prices as follows: Compensation of employees comprising two main components: Salaries and wages; Social security contributions paid by the employer. Wages include all charges by the employer in cash and in kind, and all payments under employment legislation by reason of the employees work in the period before the payments made for income tax. Social security contributions paid by the employer are payments for social security in order to secure funds for the payment of pensions, social benefits. These payments include social security contributions (actual and imputed), the contributions payable by the employer including health insurance contributions. Their size is defined as a percentage of the gross wage. Other net taxes (taxes less subsidies) on production and imports are included as a component of value added by industry and are related to the production as a whole, not compensated by the employer payments to the state budget, less subsidies on production, provide business units. Gross operating surplus / mixed income is the balancing item in the value method. It is a measure of the production activities of the business units. In unincorporated enterprises owned by households, this balancing item is called mixed income and contains as an element profits and remuneration for work by the owner himself or members of his family. Position can be represented in gross or net terms regarding the consumption of fixed capital (depreciation).
Statistical unit	Institutional unit under ESA 2010 - enterprise, household, public institution
Statistical population	Economic territory of the country
Reference area	Bulgaria
Time coverage	from 1995 (Infostat)
Base period	Not applicable.
Unit of measure
Million BGN
Reference period
Year
Institutional mandate
Legal acts and other agreements	REGULATION (EU) No 549/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
Data sharing	Eurostat program to provide data on national accounts, the IMF, the UN
Confidentiality
Confidentiality - policy	· Law on Statistics; · Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.
Confidentiality - data treatment
Release policy
Release calendar	Date of publication of statistical information is available in the Calendar for the results of statistical surveys of NSI. Statistical information is published annually: 9months after the reporting period
Release calendar access	The calendar is available on the NSI website: https://www.nsi.bg/en/node/480
User access	Data is published on the NSI website, section Macroeconomic statistics - Gross Domestic Product in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.
Frequency of dissemination
Annually
Accessibility and clarity
News release	Not applicable.
Publications	· Publication "Main Macroeconomic Indicators"; · Statistical Yearbook; · Statistical Reference book; · Electronic publication.
On-line database	Data are available to all users of the NSI website under the heading Macroeconomic statistics -Gross Domestic Product - Annual data - GDP by Income approach - Total of economy: https://www.nsi.bg/en/node/5487
Micro-data access	Not applicable.
Other
Documentation on methodology	European System of Accounts (2010) (Eurostat).
Quality documentation
Quality management
Quality assurance	· European Statistics Code of Practice; · Common framework for quality management in the National Statistical System.
Quality assessment	Monitoring of Eurostat data quality in the field of national accounts - report description of sources and methods for the development of GDP, GNI / validation procedures / Questionnaire on the implementation of the principles of the European Statistics Code of Practice.
Relevance
User needs
User satisfaction
Completeness
Accuracy and reliability
Overall accuracy
Sampling error
Non-sampling error
Timeliness and punctuality
Timeliness	· The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period; · Updated annual data - T +9 months after the reporting period; · Final data - balance sheets "Resource-Use" - T +3 years.
Punctuality
Coherence and comparability
Comparability - geographical
Comparability - over time
Coherence - cross domain	Additional information on other indicators in national accounts is available in other subject areas related to national accounts.
Coherence - internal
Cost and burden
Data revision
Data revision - policy	National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular – preliminary, final data; and major - based on implementation of new methodology or GNI reservations.
Data revision - practice	National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular – preliminary, final data; and main - based on implementation of new methodology or GNI reservations.
Statistical processing
Source data	Sources of data are statistical surveys are annual accounts of economic units and administrative data: Income and expenses, including statistical annexes; Labour Force Survey; Annual statistical report on employees and wages and salary; Consolidated Statement of implementation of the state budget; Tax information
Frequency of data collection	Yearly
Data collection	Exhaustively for all units
Data validation	Implementation of validated procedures for assessing data quality.
Data compilation	Implementation of validated procedures for assessing the quality of data and the development of estimation of the completeness of the data.
Adjustment	Not applicable.
Comment

Download in SDMX 2.1 file format: GDP - Income approach - Total of economy - GDP

Metadata Structure Definition in SDMX 2.1: ESMS_MSD+BNSI+2.0+SDMX.2.1.xml

Download in SDMX 2.0 file format: GDP - Income approach - Total of economy - GDP

Metadata Structure Definition in SDMX 2.0: ESMS_MSD+BNSI+2.0+SDMX.2.0.xml

Methodology

GDP - Income approach - Total of economy - GDP
Contact
Contact organisation	National Statistical Institute
Contact organisation unit	Non-financial National and Regional Accounts
Contact name	Boryana Manolova
Contact person function	Head of department
Contact mail address	2 P. Volov Str., Sofia 1038
Contact email address	[email protected]
Contact phone number	+359 2 9857 623
Contact fax number
Statistical presentation
Data description	National accounts for Bulgaria are compiled according to the main methodological recommendations of the documents "System of National Accounts, 2008" (SNA 2008), an issue of EUROSTAT, IMF, OECD, UN and the World Bank, and "European System of Accounts, 2010" (ESA 2010), an issue of EUROSTAT. Main macroeconomic indicator of the system of national accounts is the gross domestic product (GDP). The method of income is an integral part of the accounts for the primary distribution of income. Approach reflects income as an element of the value added created in the production process. Balance sheet item of income approach is the gross operating surplus / mixed income.
Classification system	Classification of Economic Activities (CEA-2008, for international use NACE.BG-2008)
Sector coverage	Total economy
Statistical concepts and definitions	The Generation of Income account is compiled in parallel with the Production account and shows the activity, economic and institutional sector in which the primary incomes originate. Gross value added is the resource of this account. Scheme for the calculation of GDP by the value method is as follows: Gross domestic product (market prices ) : + Compensation of employees ( labor costs and social security ) + Net other taxes on production and imports (taxes - subsidies on production and imports ) + Gross operating surplus / mixed income + Adjustments Components of the value method are grouped by economic sector, sectors and can only be assessed at current prices as follows: Compensation of employees comprising two main components: Salaries and wages; Social security contributions paid by the employer. Wages include all charges by the employer in cash and in kind, and all payments under employment legislation by reason of the employees work in the period before the payments made for income tax. Social security contributions paid by the employer are payments for social security in order to secure funds for the payment of pensions, social benefits. These payments include social security contributions (actual and imputed), the contributions payable by the employer including health insurance contributions. Their size is defined as a percentage of the gross wage. Other net taxes (taxes less subsidies) on production and imports are included as a component of value added by industry and are related to the production as a whole, not compensated by the employer payments to the state budget, less subsidies on production, provide business units. Gross operating surplus / mixed income is the balancing item in the value method. It is a measure of the production activities of the business units. In unincorporated enterprises owned by households, this balancing item is called mixed income and contains as an element profits and remuneration for work by the owner himself or members of his family. Position can be represented in gross or net terms regarding the consumption of fixed capital (depreciation).
Statistical unit	Institutional unit under ESA 2010 - enterprise, household, public institution
Statistical population	Economic territory of the country
Reference area	Bulgaria
Time coverage	from 1995 (Infostat)
Base period	Not applicable.
Statistical processing
Source data	Sources of data are statistical surveys are annual accounts of economic units and administrative data: Income and expenses, including statistical annexes; Labour Force Survey; Annual statistical report on employees and wages and salary; Consolidated Statement of implementation of the state budget; Tax information
Frequency of data collection	Yearly
Data collection	Exhaustively for all units
Data validation	Implementation of validated procedures for assessing data quality.
Data compilation	Implementation of validated procedures for assessing the quality of data and the development of estimation of the completeness of the data.
Adjustment	Not applicable.
Quality management
Quality assurance	· European Statistics Code of Practice; · Common framework for quality management in the National Statistical System.
Quality assessment	Monitoring of Eurostat data quality in the field of national accounts - report description of sources and methods for the development of GDP, GNI / validation procedures / Questionnaire on the implementation of the principles of the European Statistics Code of Practice.
Relevance
User needs
User satisfaction
Completeness
Data completeness - rate
Accuracy and reliability
Overall accuracy
Sampling error
Sampling errors - indicators
Non-sampling error
Coverage error
Over-coverage - rate
Common units - proportion
Measurement error
Non response error
Unit non-response - rate
Item non-response - rate
Processing error
Imputation - rate
Model assumption error
Seasonal adjustment
Data revision - policy	National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular – preliminary, final data; and major - based on implementation of new methodology or GNI reservations.
Data revision - practice	National accounts data are subject to continuous routine revisions as new input data becomes available. This will typically also entail revisions of the national accounts aggregates, which are derived from these data. In BG national accounts two types of revisions are: regular – preliminary, final data; and main - based on implementation of new methodology or GNI reservations.
Data revision - average size
Timeliness and punctuality
Timeliness	· The annual estimates - the sum of estimates of quarterly data - T +65 days after the reporting period; · Updated annual data - T +9 months after the reporting period; · Final data - balance sheets "Resource-Use" - T +3 years.
Time lag - first results	The preliminary annual estimates - the sum of estimates of quarterly data - T+65 days after the reporting period;
Time lag - final results	•Updated annual data - T +9 months after the reporting period; •Final data - balance sheets "Resource -Use" - T+3 years;
Punctuality
Punctuality - delivery and publication
Coherence and comparability
Comparability - geographical
Asymmetry for mirror flows statistics - coefficient
Comparability - over time
Length of comparable time series
Coherence - cross domain	Additional information on other indicators in national accounts is available in other subject areas related to national accounts.
Coherence - sub annual and annual statistics
Coherence - National Accounts
Coherence - internal
Accessibility and clarity
News release	Not applicable.
Publications	· Publication "Main Macroeconomic Indicators"; · Statistical Yearbook; · Statistical Reference book; · Electronic publication.
On-line database	Data are available to all users of the NSI website under the heading Macroeconomic statistics -Gross Domestic Product - Annual data - GDP by Income approach - Total of economy: https://www.nsi.bg/en/node/5487
Data tables - consultations
Micro-data access	Not applicable.
Other
Metadata - consultations
Documentation on methodology	European System of Accounts (2010) (Eurostat).
Metadata completeness – rate
Quality documentation
Cost and burden
Confidentiality
Confidentiality - policy	· Law on Statistics; · Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.
Confidentiality – data treatment
Comment