Financial Accounts

Financial assets and liabilities by sectors and financial instruments

Financial accounts present financial assets and liabilities of resident entities, grouped into sectors and subsectors, and the rest of the world (non-residents) broken down by financial operations represented by financial instruments. Financial accounts comprise financial balance sheets (stock data at the end of the reporting period) and transaction data. NBP compiles quarterly and annual financial accounts according to the ESA 2010 standards.

Quarterly financial accounts take into consideration the ECB requirements and comprise time series from 4th quarter 2003 for stocks and from 1st quarter 2004 for transactions. For selected financial instruments tables containing balance sheet data (stocks) on mutual receivables and liabilities of institutional sectors (“who-to-whom” data) are available for the period from the 4th quarter 2012 onwards.

Regular publication of quarterly financial accounts takes place no later than 25th calendar day of the 4th month following the end of reference quarter, i.e. no later than 25th of January, April, July and October.

Annual financial accounts take into consideration the Eurostat requirements and comprise time series from 2003 for stocks and from 2004 for transactions. Non-consolidated and consolidated data are available. The non-consolidated financial accounts show all the financial assets and liabilities of the institutional units classified in sector or subsector, while the consolidated financial accounts eliminate the financial assets and liabilities that have counterparts in the same sector or subsector.

Regular publication of annual financial accounts takes place no later than 25th of April next year together with the publication of quarterly data for the 4th quarter. Annual data are updated along with following publications of quarterly data.

Data from annual financial accounts are used to calculate several indicators within the Macroeconomic Imbalances Procedure (MIP). The MIP legal framework is stipulated in Regulation (EU) No 1176/2011 on the prevention and correction of macroeconomic imbalances.

More information on the MIP is available on the Eurostat website.