|
|
|
Current account
|
|
|
|
|
|
|
1 |
Gross value added
|
2019
|
1,838,208
|
1,774,345
|
1,774,345
|
|
|
2 |
Less: Consumption of fixed capital
|
2019
|
292,670
|
279,569
|
279,569
|
|
|
3 |
Equals: Net value added
|
2019
|
1,545,538
|
1,494,776
|
1,494,776
|
|
|
4 |
Compensation of employees (paid)
|
2019
|
1,550,038
|
1,498,743
|
1,498,743
|
|
|
5 |
Wages and salaries
|
.
|
.
|
.
|
.
|
|
|
6 |
Employers’ social contributions
|
.
|
.
|
.
|
.
|
|
|
7 |
Operating surplus, net
|
2019
|
-4,501
|
-3,967
|
-3,967
|
|
|
8 |
Net national income/Balance of primary incomes, net
|
.
|
.
|
.
|
.
|
|
|
9 |
Operating surplus, net
|
2019
|
-4,501
|
-3,967
|
-3,967
|
|
|
10 |
Taxes on production and imports, receivable
|
2019
|
1,325,264
|
1,280,968
|
1,280,968
|
|
|
11 |
Subsidies (paid)
|
2019
|
-594
|
-577
|
-577
|
|
|
12 |
Property income (received)
|
.
|
.
|
.
|
.
|
|
|
13 |
Interest
|
.
|
.
|
.
|
.
|
|
|
14 |
Distributed income of corporations (dividends)
|
.
|
.
|
.
|
.
|
|
|
15 |
Rents on land and natural resources
|
2019
|
11,933
|
11,700
|
11,700
|
|
|
16 |
Less: Uses of property income (interest paid)
|
.
|
.
|
.
|
.
|
|
|
17 |
Net national income/Balance of primary incomes, net
|
.
|
.
|
.
|
.
|
|
|
18 |
Plus: Current taxes on income, wealth, etc. (received)
|
.
|
.
|
.
|
.
|
|
|
19 |
Plus: Social benefits (received)
|
2019
|
22,723
|
22,202
|
22,202
|
|
|
20 |
Less: Social contributions (paid)
|
2019
|
774,908
|
736,601
|
736,601
|
|
|
21 |
Plus: Other current transfers (received)
|
2019
|
748,784
|
716,568
|
716,568
|
|
|
22 |
Less: Other current transfers (paid)
|
2019
|
0
|
0
|
0
|
|
|
23 |
Equals: Disposable income, net
|
.
|
.
|
.
|
.
|
|
|
24 |
Less: Final consumption expenditures
|
2019
|
1,904,523
|
1,847,409
|
1,847,409
|
|
|
25 |
Equals: Net saving
|
.
|
.
|
.
|
.
|
|
|
|
Capital account
|
|
|
|
|
|
|
26 |
Net saving less capital transfers
|
.
|
.
|
.
|
.
|
|
|
27 |
Net saving
|
.
|
.
|
.
|
.
|
|
|
28 |
Less: Capital transfers paid (net)
|
2019
|
-75,673
|
-73,281
|
-73,281
|
|
|
29 |
Capital formation, net
|
2019
|
147,906
|
131,681
|
131,681
|
|
|
30 |
Gross fixed capital formation (acquisition of produced nonfinancial assets)
|
2019
|
425,447
|
396,788
|
396,788
|
|
|
31 |
Less: Consumption of fixed capital
|
2019
|
292,670
|
279,569
|
279,569
|
|
|
32 |
Acquisition of nonproduced nonfinancial assets
|
2019
|
15,129
|
14,463
|
14,463
|
|
|
33 |
Net lending (+) or borrowing (-), capital account (lines 26-29)
|
.
|
.
|
.
|
.
|
|
|
|
Financial account
|
|
|
|
|
|
|
34 |
Net lending (+) or borrowing (-) (line 33)
|
.
|
.
|
.
|
.
|
|
|
35 |
Net acquisition of financial assets
|
2019
|
-38,690
|
-118,370
|
-118,370
|
|
|
36 |
Currency and deposits
|
2019
|
26,743
|
274
|
274
|
|
|
37 |
Currency and transferable deposits
|
2019
|
6,223
|
-7,636
|
-7,636
|
|
|
38 |
Time and savings deposits
|
.
|
.
|
.
|
.
|
|
|
39 |
Debt securities
|
2019
|
-89,346
|
-104,234
|
-104,234
|
|
|
40 |
Open market paper
|
2019
|
-963
|
-5,422
|
-5,422
|
|
|
41 |
Treasury securities
|
2019
|
-45,323
|
-61,995
|
-61,995
|
|
|
42 |
Agency- and GSE-backed securities
|
2019
|
-22,374
|
-33,751
|
-33,751
|
|
|
43 |
Municipal securities
|
2019
|
-867
|
-776
|
-776
|
|
|
44 |
Corporate and foreign bonds
|
2019
|
-19,819
|
-2,290
|
-2,290
|
|
|
45 |
Loans
|
2019
|
-5,066
|
-29,113
|
-29,113
|
|
|
46 |
Short term
|
2019
|
-2,031
|
-11,430
|
-11,430
|
|
|
47 |
Long term (mortgages)
|
2019
|
-3,035
|
-17,683
|
-17,683
|
|
|
48 |
Equity and investment fund shares
|
2019
|
2,494
|
-4,290
|
-4,290
|
|
|
49 |
Money market fund shares
|
2019
|
4,694
|
-2,090
|
-2,090
|
|
|
50 |
Corporate equities
|
2019
|
-3,400
|
-3,400
|
-3,400
|
|
|
51 |
Mutual fund shares
|
2019
|
1,200
|
1,200
|
1,200
|
|
|
52 |
Other accounts receivable
|
2019
|
26,485
|
18,994
|
18,994
|
|
|
53 |
Trade receivables
|
2019
|
10,912
|
15,604
|
15,604
|
|
|
54 |
Taxes receivable
|
2019
|
8,057
|
9,415
|
9,415
|
|
|
55 |
Other (miscellaneous assets)
|
2019
|
7,516
|
-6,025
|
-6,025
|
|
|
56 |
Net incurrence of liabilities
|
2019
|
289,585
|
147,492
|
147,492
|
|
|
57 |
Debt securities (municipals)
|
2019
|
8,393
|
-51,455
|
-51,455
|
|
|
58 |
Short term
|
2019
|
6,611
|
3,046
|
3,046
|
|
|
59 |
Other
|
2019
|
1,782
|
-54,501
|
-54,501
|
|
|
60 |
Loans (short term)
|
2019
|
1,765
|
1,081
|
1,081
|
|
|
61 |
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
|
2019
|
229,187
|
149,787
|
149,787
|
|
|
62 |
Other accounts payable (trade payables)
|
2019
|
50,240
|
48,079
|
48,079
|
|
|
|
Addendum:
|
|
|
|
|
|
|
63 |
Net lending (+) or borrowing (-), financial account (lines 35-56)
|
2019
|
-328,275
|
-265,861
|
-265,861
|
|
|
|
Other changes in volume account
|
|
|
|
|
|
|
64 |
Total other volume changes
|
.
|
.
|
.
|
.
|
|
|
65 |
Disaster losses
|
2019
|
0
|
-159
|
-159
|
|
|
66 |
Other volume changes
|
2019
|
-17,982
|
-61,709
|
-61,709
|
|
|
67 |
Less: Statistical discrepancy (lines 33-63)
|
.
|
.
|
.
|
.
|
|
|
|
Revaluation account
|
|
|
|
|
|
|
68 |
Nonfinancial assets
|
2019
|
330,486
|
479,553
|
479,553
|
|
|
69 |
Structures
|
2019
|
331,127
|
471,738
|
471,738
|
|
|
70 |
Equipment
|
2019
|
-2,873
|
5,143
|
5,143
|
|
|
71 |
Intellectual property products
|
2019
|
2,231
|
2,672
|
2,672
|
|
|
72 |
Financial assets (equity and investment fund shares)
|
2019
|
53,261
|
-16,361
|
-16,361
|
|
|
73 |
Liabilities (claim of pension funds on sponsor)
|
2019
|
-647,102
|
218,429
|
218,429
|
|
|
74 |
Changes in net worth due to nominal holding gains/losses
|
2019
|
1,030,848
|
244,764
|
244,764
|
|
|
|
Changes in balance sheet account
|
|
|
|
|
|
|
75 |
Change in net worth (lines 29+33+64+74)
|
2019
|
832,497
|
48,716
|
48,716
|
|
|
|
Balance sheet account (end of period)
|
|
|
|
|
|
|
76 |
Total assets
|
2019
|
15,066,686
|
14,532,126
|
14,532,126
|
|
|
77 |
Nonfinancial assets
|
2019
|
12,017,109
|
11,553,938
|
11,553,938
|
|
|
78 |
Structures
|
2019
|
11,603,357
|
11,150,087
|
11,150,087
|
|
|
79 |
Equipment
|
2019
|
266,226
|
264,191
|
264,191
|
|
|
80 |
Intellectual property products
|
2019
|
147,526
|
139,660
|
139,660
|
|
|
81 |
Financial assets
|
2019
|
3,049,577
|
2,978,188
|
2,978,188
|
|
|
82 |
Currency and deposits
|
2019
|
563,039
|
536,296
|
536,296
|
|
|
83 |
Currency and transferable deposits
|
2019
|
139,139
|
132,916
|
132,916
|
|
|
84 |
Time and savings deposits
|
.
|
.
|
.
|
.
|
|
|
85 |
Debt securities
|
2019
|
1,359,498
|
1,391,033
|
1,391,033
|
|
|
86 |
Open market paper
|
2019
|
66,774
|
67,737
|
67,737
|
|
|
87 |
Treasury securities
|
2019
|
662,673
|
684,085
|
684,085
|
|
|
88 |
Agency- and GSE-backed securities
|
2019
|
437,565
|
443,948
|
443,948
|
|
|
89 |
Municipal securities
|
2019
|
14,352
|
14,559
|
14,559
|
|
|
90 |
Corporate and foreign bonds
|
2019
|
178,134
|
180,704
|
180,704
|
|
|
91 |
Loans
|
2019
|
361,577
|
366,793
|
366,793
|
|
|
92 |
Short term
|
2019
|
140,782
|
142,813
|
142,813
|
|
|
93 |
Long term (mortgages)
|
2019
|
220,795
|
223,980
|
223,980
|
|
|
94 |
Equity and investment fund shares
|
2019
|
289,139
|
233,384
|
233,384
|
|
|
95 |
Money market fund shares
|
2019
|
24,472
|
19,778
|
19,778
|
|
|
96 |
Corporate equities
|
2019
|
173,161
|
137,692
|
137,692
|
|
|
97 |
Mutual fund shares
|
2019
|
91,506
|
75,914
|
75,914
|
|
|
98 |
Other accounts receivable
|
2019
|
476,324
|
450,682
|
450,682
|
|
|
99 |
Trade receivables
|
2019
|
238,603
|
227,691
|
227,691
|
|
|
100 |
Taxes receivable
|
2019
|
170,385
|
163,171
|
163,171
|
|
|
101 |
Other (miscellaneous assets)
|
2019
|
67,336
|
59,820
|
59,820
|
|
|
102 |
Total liabilities and net worth
|
2019
|
15,066,686
|
14,532,126
|
14,532,126
|
|
|
103 |
Liabilities
|
2019
|
8,224,936
|
8,522,873
|
8,522,873
|
|
|
104 |
Debt securities (municipals)
|
2019
|
3,063,930
|
3,055,537
|
3,055,537
|
|
|
105 |
Short term
|
2019
|
44,693
|
38,082
|
38,082
|
|
|
106 |
Other
|
2019
|
3,019,237
|
3,017,455
|
3,017,455
|
|
|
107 |
Loans (short term)
|
2019
|
21,090
|
19,325
|
19,325
|
|
|
108 |
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
|
2019
|
4,087,843
|
4,446,178
|
4,446,178
|
|
|
109 |
Other accounts payable (trade payables)
|
2019
|
1,052,073
|
1,001,833
|
1,001,833
|
|
|
110 |
Net worth
|
2019
|
6,841,750
|
6,009,253
|
6,009,253
|
