Revisions to the financial accounts
Household rates are revised in this publication. Financial derivatives, defined contributions and defined benefit pension entitlements are new financial instruments in the StatBank for the financial accounts.
- Full set of figures
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The household rates are now calculated as percent of disposable income plus adjustment for change in household net pension. In previous calculations disposable income was the only input in the denominator.
Financial derivatives, defined benefit and defined contribution pension entitlements are separate financial instruments from this publication. The split of pension entitlements is effective back to 2012 and the derivatives are quantified back to 1995. Derivatives used to be included in other accounts receivable and other accounts payable. Though the quality of the input data for derivatives has improved over the last couple of years, the financial instrument still has a lot of uncertainty, especially the calculated transactions and other changes.
Torbjørn Cock Rønning
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