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The 2000-2003 revisions of the Income and Expenditure Accounts

Table 3 - Revisions to income aggregates at current prices

Standard symbols

  Initial estimate1 Previous estimate2 Revised estimate3 Current revision4 Current revision5
Reference period millions of dollars %
Wages, salaries and supplementary labour income
2000
534,601
545,116
545,204
88
0.0
2001
559,102
569,920
570,008
88
0.0
2002
595,267
597,316
592,692
-4,624
-0.8
2003
617,506
617,506
613,718
-3,788
-0.6
Corporation profits before taxes
2000
124,710
135,647
135,978
331
0.2
2001
119,922
127,530
126,620
-910
-0.7
2002
125,507
133,004
137,480
4,476
3.4
2003
146,417
146,417
151,210
4,793
3.3
Government business enterprise profits before taxes
2000
12,392
11,843
11,329
-514
-4.3
2001
9,678
9,641
10,483
842
8.7
2002
10,845
10,426
11,478
1,052
10.1
2003
10,102
10,102
11,643
1,541
15.3
Interest and miscellaneous investment income
2000
52,050
54,261
55,302
1,041
1.9
2001
53,463
53,010
52,967
-43
-0.1
2002
49,666
49,425
48,188
-1,237
-2.5
2003
50,625
50,625
51,508
883
1.7
Accrued net income of farm operators from farm production
2000
2,185
1,553
1,243
-310
-20.0
2001
2,963
2,715
1,633
-1,082
-39.9
2002
2,119
1,715
889
-826
-48.2
2003
1,079
1,079
694
-385
-35.7
Net income of non-farm unincorporated business, including rent
2000
61,994
64,860
64,944
84
0.1
2001
65,719
67,582
68,364
782
1.2
2002
71,894
72,960
73,841
881
1.2
2003
77,366
77,366
77,382
16
0.0
Inventory valuation adjustment
2000
-2,310
-2,393
-2,439
-46
...
2001
-458
-21
240
261
...
2002
-3,044
-3,561
-2,959
602
...
2003
4,941
4,941
4,876
-65
...
Taxes less subsidies, on factors of production 6
2000
..
51,850
51,693
-157
-0.3
2001
56,253
52,846
52,557
-289
-0.5
2002
53,152
53,755
53,721
-34
-0.1
2003
55,717
55,717
55,465
-252
-0.5
Taxes less subsidies, on products 6
2000
..
75,983
76,647
664
0.9
2001
75,269
76,331
76,995
664
0.9
2002
84,448
84,442
85,538
1,096
1.3
2003
86,660
86,660
87,188
528
0.6
Capital consumption allowances
2000
125,165
138,154
137,425
-729
-0.5
2001
142,498
146,798
147,608
810
0.6
2002
152,642
155,004
156,146
1,142
0.7
2003
164,030
164,030
164,403
373
0.2
1 For annual data, the initial estimate is from the fourth quarter of the corresponding year.
2 For 2000, 2001 and 2002, the previous estimate is the one released with the first quarter of 2003, while for 2003 it is from the fourth quarter issue of 2003.
3 The revised estimates are the result of the 2004 revisions.
4 The current revision is the revised estimate less the previous estimate.
5 The current percentage revision is the current revision as a percentage of the previous estimate.
6 With the 2001 first quarter release, value added is measured at basic prices, instead of factor cost (as previously). This incorporated the breakdown of indirect taxes into taxes on factors of production and taxes on products.
Date Modified: 2007-05-09

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