The GFS template tables show, in an integrated way:
government revenue and expenditure
government surplus (+)/deficit (-)
transactions in financial assets and liabilities
other changes in assets and liabilities (other changes in volume and revaluation)
This presentation is similar to that of business accounting where the profit and loss account and the balance sheet are presented together in an integrated manner. GFS cover data for the general government sector (S.13). The general government sector (S.13) consists of four subsectors: central government (S.1311), state government (S.1312), local government (S.1313) and social security funds (S.1314).
GFS template tables are presented on both an annual and quarterly basis. Annual data are presented in a summary form as well as in a detailed form.
Aggregates for the euro area and for EU-28 are calculated using Eurostat's aggregation method. This involves the conversion of national currency data into one currency: the euro (or the ECU before 1999), using for flows the average exchange rate of the period, and for stocks the end of period exchange rate.
The GFS template tables present data for all the Member State, for the EU-28 and the euro area and for Iceland, Norway and Switzerland (annual data). They draw on data from various Eurostat databases in an integrated manner. The tables contain useful metadata for interpretation of the data.
Annual Summary Government Finance Statistics temple tables are compiled twice per year, usually end of April and end of October. They are also available as Excel files (see below).
Quarterly Summary Government Finance Statistics template tables are compiled four times per year. They are also available as Excel files (see below).
Annual and Quarterly Summary Government Finance Statistics published under ESA 2010:
(will be published in the 4th quarter 2014)
Annual and Quarterly Summary Government Finance Statistics published under ESA 1995:
These quarterly tables use a template similar to the annual summary tables. They show, for each EU Member State, the data in millions of national currency, as percentages of GDP (rolling year average), and as quarter-to-quarter (rolling year average) growth rates.
Eurostat asks Member States to transmit data according to a pre-defined timetable. In general, Member States introduce revisions to their data before each transmission. Eurostat accepts all revisions, provided that adequate explanation is provided. In the public database aggregates for the euro area and EU-28 are automatically updated when national series change.