Sector accounts

It consists of:
  • central government
  • local government
  • social security funds
In federal countries it includes also state authorities (such as Länder in Germany)
What does it do?

Two main functions:
  • production of non-market services
  • redistribution of income
Other functions:
                          CONSUME
    INVEST             SOCIAL CONTRIBUTIONS
        ISSUE DEBTS         GET TAXES

Interactions with other actors:

Financial corporation sector interaction with other sectors