The economical Gesamtrechnung (VGR) is a subsection of the within the political economy and seizes the overall economic income and goods stream in a national economy (Binnenwirtschaftsrechnung) or with the foreign country (external trade calculation) in a period run off. It supplies thus afterwards (ex post office) a quantitative overview of the economic happening in a national economy.

Basis of the VGR is the cycle theory, with which all enterprises and all households of a national economy in sectors become summarized (aggregated). The connections in the form of goods, money and achievement stream, existing between the sectors, are bookkeeping-technically held.

Goals

The major task of the VGR is the document of identification of the national product after emergence, use and distribution. The moreover one she dedicates herself to the determination of basic data of the social, growth, and economic policy.

The VGR can be understood thus as economical counterpart to the economical Controlling, whereby the policy gives overall economic goals here and the VGR gives information about the Zielerreichung.

As starting point the VGR an important takes of overall economic analyses and prognoses on position.

The Binnenwirtschaftsrechnung in Germany

In Germany its own system of the VGR was for the first time developed from 1957 to 1960. Starting from 1970 the national data were prepared again for the European communities. Since 1998 the European system of economical Gesamtrechnungen (ESVG 1995) replaces the German system. It is based on guidelines of the UN. The goal was the obligatory standardization of the different national methods, concepts, classifications, definitions and reservation rules to the better comparability between the individual member states EU.Eine fundamental change of the economical Gesamtrechnung lines up for 2005. Starting from this year price-settled rows on basis of the respective previous year price are to be determined (so-called chain price index). Furthermore are to be consulted with Deflationierung more strongly than Hedoni price indices.

Central size of the VGR is the gross domestic product, which evaluates all goods and services produced inland less the payments in advance. It is based therefore on the "“inland concept"”. The gross domestic product is determinable over three different ways. All three calculation methods lead to the same result.

• Developing calculation (portion of the sectors of the economy of the production of the gross domestic product)
• Use calculation (kind of the use of the produced goods and services)
• Distribution calculation (distribution of the income on the restaurant units, which were involved in production)

The gross national income (in former times gross national product) against it is based on the "“resident concept"”. It regards the economic achievement of all citizens of a national economy.

The external trade calculation in Germany

The most important components of the external trade calculation are the balance of payments and the rate of exchange collection. The balance of payments gives information over transactions between residents and foreigners.

Important result sizes

• National product: Gross domestic product and net national product
• National income: Gross national income (in former times: Gross national product) and net national incomes
• National income

See also

• Equilibrium income

Related links

• Economical Gesamtrechnung (Federal Statistical Office)
• Working group economical Gesamtrechnungen of the countries

Articles in category "Economical Gesamtrechnung"

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