1
Annex to Eesti Pank Governor’s Decree No 2 of 19 January 2016 “List of statistical actions of Eesti Pank under the official statistical programme”
LIST OF STATISTICAL ACTIONS OF EESTI PANK in 2016-2020
under the official statistical programme
2
Statistical action Reference period or moment
Data publication
term Legal basis
Anticipated cost in 2016
(in thousands of €)
Output indicators
Planned changes in methods
1. Balance of payments flash
estimate Month
Reporting month
+ 42 calendar days
Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 9 December 2011 on the statistical reporting requirements of the European Central Bank in the field of external statistics (ECB/2011/23)
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 30 July 2013 amending Guideline ECB/2011/23 on the statistical reporting requirements of the European Central Bank in the field of external statistics (ECB/2013/25)
REGULATION (EC) No 184/2005 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 12 January 2005 on Community Statistics concerning balance of payments, international trade in services and foreign direct investment
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 9 December 2011 on the statistical reporting requirements of the European Central Bank in the field of external statistics (recast) (ECB/2011/23)
COMMISSION REGULATION (EU) No 555/2012 of 22 June 2012 amending Regulation (EC) No 184/2005 of the European Parliament and of the Council on Community Statistics concerning balance of payments, international trade in services and foreign direct investment, as regards the update of data requirements and definitions
315 Appendix
1 -
2. Quarterly balance of
payments current account and
national rest-of-the-world non-
financial account
Quarter
Reporting month
+ 70 calendar days
416 Appendix
2 -
3. Quarterly balance of
payments financial account,
international investment
position and external debt
statement
Quarter
Reporting quarter + 70
calendar days 310
Appendix
3 -
4. Quarterly national financial
accounts Quarter
Reporting quarter + 110 calendar days
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 25 July 2013 on the statistical reporting requirements of the European Central Bank in the field of quarterly financial accounts (recast) (ECB/2013/24)
147 Appendix
4 -
5. International reserves and
foreign currency liquidity under
the IMF special data
dissemination standard (SDDS)
Month
Reporting month + 7 calendar
days
Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act 2 Appendix
5 -
6. Annual statistics on the
economic indicators of foreign
affiliates (FATS)
Year
For Eurostat purposes,
reporting year
+ 20 months
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act
REGULATION (EC) No 716/2007 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 June 2007 on Community Statistics on the structure and activity of foreign affiliates
COMMISSION REGULATION (EC) No 747/2008 of 30 July 2008 amending Regulation (EC) No 716/2007 of the European Parliament and of the Council on Community Statistics on the structure and activity of foreign affiliates, as regards the definitions of characteristics and the implementation of NACE Rev. 2
20 Appendix
6 -
3
Statistical action Reference period or moment
Data publication
term The legal basis
Anticipated cost in 2016
(in thousands of €)
Output indicators
Planned changes in methods
7. International travel statistics Quarter
Reporting quarter + 40
calendar days
Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act 35 Appendix
7 -
8. Service provision and quality
management for the
Centralised Securities
Database of the European
Central Bank (ECB)
Month
For ECB purposes,
reporting month
+ 8 working days
Clause 2 (2) 6) of the Bank of Estonia (Eesti Pank) Act
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 26 September 2012 on the data quality management framework for the Centralised Securities Database (ECB/2012/21)
82 Appendix
8 -
9. Statistics on holdings of
securities Quarter
For ECB purposes,
reporting quarter
+ 63 calendar days
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act
REGULATION (EU) No 1011/2012 OF THE EUROPEAN CENTRAL BANK of 17 October 2012 concerning statistics on holdings of securities (ECB/2012/24)
69 Appendix
9 -
10. Estonian Household
Finance and Consumption
Survey
Year 2018 Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act 68 Appendix
10 -
11. Aggregated balance sheet
statement of savings and loan
associations
Month
Reporting month
+ 17 working days
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act 2 Appendix
11 -
12. Aggregated income
statement of savings and loan
associations
Quarter
Reporting quarter
+ 17 working days
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act 1 Appendix
12 -
13. Effective exchange rate
indices of competitiveness Month
Reporting month
+ 42 calendar days
Clause 2 (2) 7) of the Bank of Estonia (Eesti Pank) Act 2 Appendix
13 -
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Annex 1
Output indicators of statistical action “Balance of payments flash estimate”
Methodological standards and classifications:
BPM6 – Balance of Payments Manual 6th
edition
System of National Accounts (SNA) 2008
ESA 2010 – European System of Accounts 2010
Quantitative variable Classification
Number of
variable
values
Current account Credit/debit 2
Purchase of goods from and
sale of goods to non-residents
Credit/debit 2
Non-resident’s country group: total / euro area / non-euro area
/ EU / non-EU 5
Purchase of services from and
sale of services to non-
residents
Credit/debit 2
Non-resident’s country group: total / euro area / non-euro area
/ EU / non-EU 5
Primary income receivable from
and payable to non-residents
Credit/debit 2
Type of income: salary, direct investment income (incl.
reinvested income by the institutional sectors of ESA 2010) /
portfolio investment income / other investment income / other
income
15
Non-resident’s country group: total / euro area / non-euro area
/ EU / non-EU 5
Secondary income receivable
from and payable to non-
residents
Credit/debit 2
Non-resident’s country group: total / euro area / non-euro area
/ EU / non-EU 5
Capital account
Credit/debit 2
Non-resident’s country group: total / euro area / non-euro area
/ EU / non-EU 5
Financial account balance / net
external borrowing Non-resident’s country group: total 1
Foreign direct investments
assets and liabilities
Assets/liabilities 2
Type of capital: share capital / other direct investment capital 2
Non-resident’s country group: total / euro area / non-euro area 3
Portfolio investments
receivables and liabilities
Assets/liabilities 2
Type of security: equity security / short-term debt security /
long-term debt security 3
Resident’s sector: central bank / money market funds / other
MFIs / general government / other sectors 5
Non-resident’s sector: central bank / money market funds /
other MFIs / general government / other sectors 5
Non-resident’s country group: total / euro area / non-euro area 3
Balance of cross-border
transactions with financial
derivatives
Non-resident’s country group: total / euro area / non-euro area 3
Other foreign investments
receivables and liabilities
Assets/liabilities 2
Resident’s sector: central bank / money market funds / other
MFIs / general government / other sectors 5
Non-resident’s country group: total / euro area / non-euro area 3
Reserve assets Non-resident’s country group: total 1
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 2
Output indicators of statistical action “Quarterly balance of payments current account and national rest-of-the-world non-financial account” Methodological standards and classifications:
BPM6 – Balance of Payments Manual 6th
edition
System of National Accounts (SNA) 2008
ESA 2010 – European System of Accounts 2010
International Standard Codes for the Representation of the Names of Countries (ISO 3166)
Combined Nomenclature 2011 (CN 2011)
EMTAK 2008 – Estonian Classification of Economic Activities 2008; Statistical Classification of Economic
Activities in the European Community (NACE Rev. 2)
Quantitative
variable Classification
Number of
variable
values
Current account Credit/debit 2
Non-resident’s country: ISO 3166 246
Purchase of goods
from and sale of
goods to non-
residents
Credit/debit 2
Non-resident’s country: ISO 3166 246
Type of goods: CN 2011 7539
Type of goods: classification of goods under BPM6 9
Purchase of services
from and sale of
services to non-
residents
Credit/debit 2
Non-resident’s country: ISO 3166 246
Resident’s sector: national accounting sector (ESA 2010) 15
Type of service: classification of services under BPM6 90
Resident’s field of activity: EMTAK 2008 1771
Primary income
receivable from and
payable to non-
residents
Credit/debit 2
Non-resident’s country: ISO 3166 246
Type of income: classification of primary income under BPM6 49
Resident’s sector: national accounting sector (ESA 2010) 15
Resident’s field of activity: EMTAK 2008 1771
Secondary income
receivable from and
payable to non-
residents
Credit/debit 2
Non-resident’s country: ISO 3166 246
Type of transaction: classification of secondary income under BPM6 22
Resident’s sector: national accounting sector (ESA 2010) 15
Resident’s field of activity: EMTAK 2008 1771
Capital account
Credit/debit 2
Non-resident’s country: ISO 3166 246
Type of transaction: classification of capital account under BPM6 17
Resident’s field of activity: EMTAK 2008 1771
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 3
Output indicators of statistical action “Quarterly balance of payments financial account, international investment position and external debt statement”
Methodological standards and classifications:
IMF External Debt Statistics (2003)
OECD Benchmark Definition of Foreign Direct Investments, 4th
Ed
BPM6 – Balance of Payments Manual 6th
edition
System of National Accounts (SNA) 2008
ESA 2010 – European System of Accounts 2010
International Standard Codes for the Representation of the Names of Countries (ISO 3166)
EMTAK 2008 – Estonian Classification of Economic Activities 2008; Statistical Classification of Economic
Activities in the European Community (NACE Rev. 2)
Quantitative variable Classification
Number
of
variable
values
International investment
position
Liabilities/assets/net 3
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
Resident’s sector: national accounting sector (ESA 2010) 15
Financial account balance
/ net external borrowing
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
Resident’s sector: national accounting sector (ESA 2010) 15
Foreign direct investments
Position at the beginning of the period / transactions (net) / revaluations /
other changes / position at the end of the period 5
In Estonia / abroad 2
Type of capital: share capital and reinvested earnings / other direct
investment capital 2
Assets/liabilities 2
Direct counterparty country: ISO 3166 246
Beneficial owner’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
Non-resident direct investment company’s field of activity: EMTAK 2008 272
National accounting instrument (ESA 2010) 29
Resident’s sector: national accounting sector (ESA 2010) 15
Type of equity transaction: classification of transactions under BD4 4
2
Quantitative variable Classification
Number
of
variable
values
Portfolio investment
Position at the beginning of the period / transactions (net) / revaluations /
other changes / position at the end of the period 6
Assets/liabilities 2
Type of security: equity security and investment fund unit / debt security /
long-term debt security / short-term debt security 4
Residual maturity: over 1 year / less than 1 year 2
Currency: EUR / USD / other currency 3
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
National accounting instrument (ESA 2010) 29
Resident’s sector: national accounting sector (ESA 2010) 15
Foreign investments in
financial derivatives
Position at the beginning of the period / transactions (net) / revaluations /
other changes / position at the end of the period 5
Assets/liabilities 2
Central bank / general government / credit institutions / other sectors 4
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
Resident’s sector: national accounting sector (ESA 2010) 15
Other foreign investments
Position at the beginning of the period / transactions (net) / revaluations /
other changes / position at the end of the period 5
Assets/liabilities 2
Trade credit / loans / currency and deposits / other receivables 4
Central bank / general government / credit institutions / other sectors 4
Contractual maturity: long-term / short-term 2
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
National accounting instrument (ESA 2010) 29
Resident’s sector: national accounting sector (ESA 2010) 15
Reserve assets
Position at the beginning of the period / transactions (net) / revaluations /
other changes / position at the end of the period 5
Classification of reserve assets under BPM6 14
ECB reserve assets template 21
National accounting instrument (ESA 2010) 29
Non-resident’s country: ISO 3166 246
External debt
Liabilities/assets/net 3
Central bank / general government / credit institutions / other sectors /
direct investments: intercompany lending 5
Contractual maturity: short-term / long-term 2
Non-resident’s country: ISO 3166 246
Resident’s field of activity: EMTAK 2008 1771
Resident’s sector: national accounting sector (ESA 2010) 15
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 4
Output indicators of statistical action “Quarterly national financial accounts”
Methodological standards and classifications:
ESA 2010 – European System of Accounts 2010
Quantitative variable Classification
Number
of
variable
values
Financial assets
Position at the beginning of the period / transactions (net) /
revaluations / other changes / position at the end of the period 5
Economic sector: classification of institutional sectors under ESA
2010 17
Instrument: classification of instruments under ESA 2010 29
Counterparty’s economic sector: classification of institutional sectors
under ESA 2010 17
Residence (loans, debt securities, listed shares and investment fund
shares or units): Estonia / other euro area / non-euro area 3
Financial liabilities
Position at the beginning of the period / transactions (net) /
revaluations / other changes / position at the end of the period 5
Economic sector: classification of institutional sectors under ESA
2010 17
Instrument: classification of instruments under ESA 2010 29
Counterparty’s economic sector: classification of institutional sectors
under ESA 2010 17
Residence (deposits only): Estonia / other euro area / non-euro area 3
Net lending/borrowing Economic sector: classification of institutional sectors under ESA
2010 17
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 5
Output indicators of statistical action “International reserves and foreign currency liquidity under the IMF special data dissemination standard (SDDS)”
Methodological standards and classifications:
IMF Data Template on International Reserves/Foreign Currency Liquidity (DTIR)
Quantitative variable Classification
Number
of
variable
values
Reserve assets and other foreign
currency assets (market value) Classification of entries under DTIR 25
Predetermined short-term net
drains on foreign currency assets
(nominal value)
Classification of entries under DTIR 14
Maturity breakdown by residual maturity: total / up to 1 month /
more than 1 and up to 3 months / more than 3 months and up
to 1 year
4
Contingent short-term net drains
on foreign currency assets
(nominal value)
Classification of entries under DTIR 44
Maturity breakdown by residual maturity: total / up to 1 month /
more than 1 and up to 3 months / more than 3 months and up
to 1 year
4
Memo items Classification of entries under DTIR 32
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 6
Output indicators of statistical action “Annual statistics on the economic indicators of foreign affiliates (FATS)”
Methodological standards and classifications:
Regulation (EC) No 716/2007 of the European Parliament and of the Council of 20 June 2007 on Community
statistics on the structure and activity of foreign affiliates
Commission Regulation (EC) No 747/2008 of 30 July 2008 amending Regulation (EC) No 716/2007 of the
European Parliament and of the Council on Community statistics on the structure and activity of foreign
affiliates, as regards the definitions of characteristics and the implementation of NACE Rev. 2
Quantitative variable Classifiable variables
Number of
variable
values
Number of foreign affiliates of Estonian
companies (except in EU)
Affiliate's country of location: ISO 3166 246
Non-resident direct investment company’s field
of activity: EMTAK 2008 272
Annual average number of employees
of foreign affiliates of Estonian
companies (except in EU)
Affiliate's country of location: ISO 3166 246
Non-resident direct investment company’s field
of activity: EMTAK 2008 272
Annual sales revenue of foreign
affiliates of Estonian companies
(except in EU)
Affiliate's country of location: ISO 3166 246
Non-resident direct investment company’s field
of activity: EMTAK 2008 272
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 7
Output indicators of statistical action “International travel statistics”
Explanation:
The data are collected through statistical models built on the information gathered via anonymous mobile positioning
on the cross-border movement of passengers over the Estonian border. The mobile positioning system is used to
register a person’s visit to a foreign country on the basis of phone roaming in the coverage area of the foreign mobile
operator during the person’s stay outside the country of residence. The methodology was developed jointly by Eesti
Pank, the University of Tartu and OÜ Positium LBS.
The data are collected and processed by OÜ Positium LBS, with whom Eesti Pank has entered into a public
cooperation contract.
Eesti Pank uses international travel statistics as an input for balance of payments in the calculation of travel services
exports and imports for the current account.
Methodological standards and classifications:
BPM6 – Balance of Payments Manual 6th
edition
International Standard Codes for the Representation of the Names of Countries (ISO 3166)
Quantitative variable Classifiable variables
Number of
variable
values
Non-residents’ visits to Estonia
Country of origin: ISO 3166 35
Number and total duration of visits 4
Estonian residents’ visits to foreign
countries
Country of destination: ISO 3166 39
Number and total duration of visits 4
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 8
Output indicators of statistical action “Service provision and quality management for the Centralised Securities Database of the European Central Bank (ECB)”
Methodological standards and classifications:
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 26 September 2012 on the data quality management
framework for the Centralised Securities Database (ECB/2012/21)
ESA 2010 – European System of Accounts 2010
EMTAK 2008 – Estonian Classification of Economic Activities 2008; Statistical Classification of Economic
Activities in the European Community (NACE Rev. 2)
Quantitative variable Classifiable variables
Number of
variable
values
Shares of Estonian companies traded
on NASDAQ OMX Tallinn Stock
Exchange
Price 1
Classification of price type 135
Dividend 2
Estonian investment funds
Price 1
Classification of price type 135
Fund classification 414
Estonian bonds
Residual value of security 1
Classification of security: ESA 95 3
ECB classification of coupon frequency 10
ECB classification of debt type 13
CFI classification of security 38
ECB classification of coupon type 6
ECB classification of redemption type 9
ECB classification of issuer sector 22
Issuer’s field of activity: EMTAK 2008 272
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Appendix 9
Output indicators of statistical action “Statistics on holdings of securities”
Methodological standards and classifications:
REGULATION (EU) No 1011/2012 OF THE EUROPEAN CENTRAL BANK of 17 October 2012 concerning
statistics on holdings of securities (ECB/2012/24)
ESA 2010 – European System of Accounts 2010
International Standard Codes for the Representation of the Names of Countries (ISO 3166)
Quantitative variable Classifiable variables Number of
variable values
Value based on the ISIN of the security
Institutional sector: ESA 2010 19
Holder’s country: ISO 3166 247
ECB classification of source 4
ECB classification of investment type 3
ECB classification of quotation basis 2
ECB classification of value type 3
ECB classification of confidentiality 3
The need to present aggregated data has not been taken into account in the description of the statistical action, as
this is voluntary for the Member States.
The need to present data on individual banking groups has not been taken into account in the description of the
statistical action, as no head offices of significant banking groups are located in Estonia.
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Annex 10
Register-based continuation of the time series of the statistical action “Estonian Household Finance and Consumption Survey” Methodological standard:
ECB Manual of Procedures for the Conduct of the Household Finance and Consumption Survey (HFCS)
For the second time, Eesti Pank is organising the pan-Estonian Household Finance and Consumption Survey
(HFCS) within the framework of the ESCB research network. The HFCS is conducted in standard form by all euro
area countries and this survey is carried out on a regular basis with a maximum interval of three years.
The coordinated household survey covering the euro area eliminates a significant deficit in the micro-level data
describing the financial behaviour of households. This, in its turn, facilitates the implementation of a single monetary
policy and helps to ensure financial stability in the euro area. The ECB is responsible for compiling a single database
for the euro area and calculating the macro-level indicators thereof.
The HFCS questionnaire has two parts: one for the whole household and one for each separate member of the
household. The part of the questionnaire intended for the household gives an overview of the following:
household assets and asset financing;
other monetary obligations and credit barriers;
companies and financial assets owned by the household;
intergenerational transfers and gifts;
consumption and saving.
The part of the questionnaire intended for household members includes the following:
demographic data and employment status;
pension to be paid in the future;
income from work activity.
The primary objective of HFCS is to collect structural micro-level data giving an overview of the assets and financial
liabilities of households. The data collected by the survey on household assets, debt, income and consumption give
an overview of several aspects of economic structure and thereby provide important input into the implementation of
central bank policies, ranging from monetary policy to financial stability and payment systems. Information about the
distribution of wealth, debt and income is very important in order to analyse better the transmission mechanisms of
macroeconomic shocks.
Both the interview method and information from various registers are used in parallel for the survey. For register-
based surveys, information is requested from credit institutions, leasing and life insurance companies, the Estonian
Central Securities Depository, the Land Register, the Tax and Customs Board, the Health Insurance Fund, the Social
Insurance Board, the Unemployment Insurance Fund, etc. Register-based data are requested on the basis of the
sample of the 2013-2014 survey.
Initial timetable:
Preparatory stage: 2016
Conducting the basic survey: 1st half of 2017
Register-based survey: 2nd
half of 2016 and 1st half of 2017
Processing, analysis and publication of data: 2018
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Annex 11
Output indicators of statistical action “Aggregated balance sheet statement of savings and loan associations”
Methodological standard:
Eesti Pank Governor’s Decree No 8 of 6 November 2012 “Establishment of requirements to the contents and
form of savings and loan associations’ balance sheet statement and income statement and the procedure of
submitting the reports to Eesti Pank” [RT I 14.11.2012, 1 – entry into force: 1 January 2013]
Quantitative variable Classifiable variables Number of
variable values
Assets Division of assets under the savings and loan
association’s balance sheet statement scheme 42
Liabilities and equity capital
Division of liabilities and equity under the savings
and loan association’s balance sheet statement
scheme
59
Number of members of the savings and loan association
- 1
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Annex 12
Output indicators of statistical action “Aggregated income statement of savings and loan associations”
Methodological standard:
Eesti Pank Governor’s Decree No 8 of 6 November 2012 “Establishment of requirements to the contents and
form of savings and loan associations’ balance sheet statement and income statement and the procedure of
submitting the reports to Eesti Pank” [RT I 14.11.2012, 1 – entry into force: 1 January 2013]
Quantitative variable Classifiable variables
Number of
variable
values
Income, expenses and profit Division of entries under the savings and loan
association’s income statement scheme 56
“List of statistical actions of Eesti Pank in 2016-2020 under the official statistical programme” Annex 13
Output indicators of statistical action “Effective exchange rate indices of competitiveness”
Methodology and classifications:
Viilmann, Natalja. The evaluation of the real exchange rate of the Estonian kroon on the basis of different
indicators – [Tallinn] : Eesti Pank, 1997 – 19 pages. Papers of Eesti Pank, ISSN 1406-541X
International Standard Codes for the Representation of the Names of Countries (ISO 3166)
Quantitative variable Classifiable variables Number of
variable values
Effective exchange rate of the euro against
Estonia’s principal trading partners
Country group: total / euro area / non-euro
area 3
Real effective exchange rate of the euro against
Estonia’s principal trading partners
Country group: total / euro area / non-euro
area 3
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