Business activities and support service activities, turnover index, Q4 2016, preliminary figures

National level only

Frequency: Quarterly

Timeliness: The reference period for the index is quarter. The index is published within 60 days after the end of the quarter.

The statistic is reported to Eurostat on a 2-digit level (NACE 69, 71, 73, 74, 78, 80 and 82) and on a 3-digit level (70.2 and 81.2) immediately after release in Norway.

Primary data and the compiled statistics are stored electronically in files in the programming language SAS.

The aim of the statistic is to measure the changes in turnover among establishments within business activities and real estate activities according to EU regulation no. 1165/98 of May 19th 1998. Eurostat compares similar statistics from other EEC-countries and publishes them on EU-level. Data have been collected since first quarter of 1996 and the statistic was published for the first time in 1997.

Users of the statistic are public sector agencies (Central Bank of Norway, Departments, etc.), private sector agencies and organisations within the industries. The statistic is used to analyse and monitor the development of the economy. At Statistics Norway the statistic is used by the Division for National accounts and other research and analysis activity.

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given inthe Statistics Release Calendar. This is one of Statistics Norway's key principles for ensuring that all users are treated equally 

The turnover index is produced for the same industries as in the structural business statistics for real estate, renting and business activities

The index is used for the compilation of national accounts statistics.

The Statistics Act, Sections 2-1, 2-2 and 2-3

The statistic is published according to EU regulation no. 1165/98 of May 19th 1998.

The population includes all businesses in Section L, M and N in Standard Industrial Classification (SIC2007): Business activities and real estate activities.

Data are collected from the Directorate of Taxes' VAT-register.

Because of the deadline for reporting we will at every publishing be lacking data for the whole reference period. For instance, when the 1st quarter get published we have only received data for the first term (January and February), and we have to estimate the month of March. This estimation is based on the development from the 1st to the 2nd term previous year. When we are publishing the 2nd quarter we are also able to publish the complete data basis for the 1st quarter.

Small businesses with a total turnover of under NOK 1 million per year may apply to submit VAT returns annually (annual year-end returns). This is a potential problem for the index. The VAT returns are submitted at the end of the year, in the sixth period, and might cause the index to increase. We intend to keep updated on the number of annual reports given.

Base year
The base year for the index is 2015 (2015=100).

The population is stratified by industry, turnover, type (if the enterprise consists of one or multiple businesses) and age of the business.

For the VAT-bound industries we collect data from the VAT register.

Statistics Norway receives data from the Directorate of Taxes three times per every two months.

Controls are made on both macro and micro levels.

On a macro level, the turnover data for each industry are compared with the turnover data for the same period the year before.

On a micro level, the businesses that contribute the most (in per cent) to the change in turnover within each industry are scrutinized. If necessary, the businesses are contacted by telephone.

For the VAT-bound industries we get the data from bi-monthly turnover statistics. VAT-units report their turnover to the Division of Taxes using a VAT-number. (Several establishments and enterprises can register under the same VAT-number.) If the VAT-unit is a multiple establishment enterprise, if it reports for multiple enterprises, or if it is a special reporting unit (used for VAT only), the turnover is broken down to all establishments belonging to the same VAT-unit. This estimation is based on data from the Central Register of Establishments and Enterprises. However, if the VAT-unit is a single establishment enterprise the turnover needs no estimation.

For the VAT free businesses we use instalment estimation. As inflation factor for identical businesses in a stratum we use the relationship between the population's and the sample's turnover within this stratum. The turnover of the population is gathered from the last yearly file from structural statistics for real estate, renting and business activities.

Not relevant

The turnover index is released according to the directions given in the Statistics Act, section 2-6.

New businesses starting up, bankruptcies and changes in NACE can reduce the comparability over time for some industries.