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The 2000-2003 revisions of the Income and Expenditure Accounts

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Table 4 - Revisions to expenditure aggregates at current prices

Standard symbols

	Initial estimate¹	Previous estimate²	Revised estimate³	Current revision⁴	Current revision⁵
Reference period	millions of dollars				%
Personal expenditure on consumer goods and services
2000	591,051	596,306	596,009	-297	0.0
2001	619,860	623,167	622,903	-264	0.0
2002	651,192	656,181	657,302	1,121	0.2
2003	689,419	689,419	688,707	-712	-0.1
Government current expenditure on goods and services
2000	191,435	197,851	200,084	2,233	1.1
2001	199,683	207,508	211,115	3,607	1.7
2002	214,174	218,895	223,677	4,782	2.2
2003	231,003	231,003	237,711	6,708	2.9
Government gross fixed capital formation
2000	22,364	24,398	24,524	126	0.5
2001	26,410	26,991	26,993	2	0.0
2002	29,233	30,430	29,617	-813	-2.7
2003	32,144	32,144	31,501	-643	-2.0
Government investment in inventories
2000	24	24	24	0	0.0
2001	13	13	13	0	0.0
2002	-45	-45	-45	0	0.0
2003	15	15	15	0	0.0
Business investment in residential structures
2000	51,133	48,482	48,572	90	0.2
2001	51,659	54,976	55,140	164	0.3
2002	63,103	65,270	65,829	559	0.9
2003	73,016	73,016	73,757	741	1.0
Business investment in non-residential structures
2000	50,154	50,518	49,826	-692	-1.4
2001	51,956	52,769	52,927	158	0.3
2002	50,024	48,469	49,686	1,217	2.5
2003	49,844	49,844	51,155	1,311	2.6
Business investment in machinery and equipment
2000	76,606	83,963	83,350	-613	-0.7
2001	84,728	85,109	82,558	-2,551	-3.0
2002	84,380	83,025	82,313	-712	-0.9
2003	82,187	82,187	80,963	-1,224	-1.5
Business investment in inventories
2000	7,038	10,767	11,505	738	6.9
2001	-6,022	-5,235	-6,270	-1,035	19.8
2002	2,672	2,873	-568	-3,441	-119.8
2003	7,563	7,563	7,662	99	1.3
Exports of goods and services
2000	475,849	490,184	490,688	504	0.1
2001	469,355	482,074	483,053	979	0.2
2002	470,114	474,303	479,358	5,055	1.1
2003	459,561	459,561	461,596	2,035	0.4
Imports of goods and services
2000	427,389	428,235	428,754	519	0.1
2001	413,812	418,806	419,508	702	0.2
2002	423,096	423,989	428,248	4,259	1.0
2003	409,993	409,993	413,611	3,618	0.9

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.