1. Public sector Martin Kellaway
National Accounts in Practice – Advanced course
Luxembourg, 2-11 October 2017
THE CONTRACTOR IS ACTING UNDER A FRAMEWORK CONTRACT CONCLUDED WITH THE COMMISSION

2. The public sector
ESA 2010 paragraphs define the public sector
An aggregate formed from the ESA structure
Second step in sector classification is to determine whether a unit is public or private sector
If public, we then decide whether it is S.13 or not

3. The public sector
Public sector = General government (GG) + public corporations (non-financial & financial) → Central bank (sub-sector S.121) is in the public financial corporations sub-sector