Financial accounts

Broadly speaking, the financial accounts cover all claims, debts, entitlements and liabilities in the economy. Financial transactions are recorded in the financial accounts, which highlight the manner in which the different institutional sectors invest their financial surplus and/or finance their financial losses. The financial balance sheets record the outstanding claims and debts at a specific point in time.

The Distributional Wealth Accounts (DWA) are experimental statistics that provide a distribution of household net wealth by integrating the micro data from the HFCS into the macroeconomic aggregates of the financial and non-financial accounts. The DWA are compiled on a quarterly basis in collaboration with the ECB.