million Euro

Period GDP Compensation of employees Other taxes on prod. Subsidies Property income
2002Q1 533,820.0 42,194.0 10.0 7,238.0 16,035.0
2002Q2 545,370.0 41,898.0 10.0 6,955.0 16,309.0
2002Q3 565,210.0 43,702.0 20.0 7,243.0 16,253.0
2002Q4 564,890.0 52,533.0 10.0 8,962.0 16,502.0
2003Q1 537,940.0 42,674.0 10.0 6,839.0 16,223.0
2003Q2 545,670.0 42,159.0 10.0 6,725.0 16,356.0
2003Q3 568,360.0 45,341.0 20.0 6,952.0 16,067.0
2003Q4 568,110.0 51,909.0 10.0 7,698.0 15,977.0
2004Q1 552,710.0 43,143.0 10.0 6,582.0 15,840.0
2004Q2 562,540.0 43,181.0 10.0 6,500.0 15,794.0
2004Q3 576,790.0 44,371.0 20.0 6,562.0 15,823.0
2004Q4 578,580.0 51,540.0 10.0 7,116.0 15,764.0
2005Q1 553,310.0 43,289.0 11.0 6,720.0 15,713.0
2005Q2 572,460.0 43,201.0 11.0 5,609.0 15,869.0
2005Q3 587,360.0 44,304.0 21.0 5,773.0 15,737.0
2005Q4 587,730.0 51,439.0 11.0 6,982.0 15,799.0
2006Q1 578,060.0 43,774.0 16.0 6,885.0 16,005.0
2006Q2 588,460.0 43,678.0 16.0 4,958.0 16,040.0
2006Q3 609,480.0 44,296.0 26.0 5,960.0 16,203.0
2006Q4 617,250.0 51,432.0 16.0 7,546.0 16,436.0
2007Q1 612,320.0 44,056.0 15.0 6,790.0 16,526.0
2007Q2 618,050.0 43,933.0 15.0 4,877.0 16,690.0
2007Q3 640,760.0 44,521.0 25.0 5,352.0 16,797.0
2007Q4 642,100.0 51,665.0 15.0 7,533.0 16,981.0
2008Q1 631,100.0 45,008.0 14.0 7,176.0 17,348.0
2008Q2 643,190.0 45,328.0 14.0 4,750.0 17,197.0
2008Q3 652,180.0 45,502.0 24.0 5,021.0 17,237.0
2008Q4 635,270.0 53,241.0 14.0 7,321.0 16,687.0
2009Q1 598,060.0 47,347.0 13.0 7,453.0 15,632.0
2009Q2 601,830.0 47,384.0 14.0 7,377.0 16,121.0
2009Q3 627,800.0 48,050.0 26.0 7,837.0 17,003.0
2009Q4 632,590.0 55,031.0 13.0 9,646.0 16,206.0
2010Q1 620,070.0 49,493.0 13.0 8,512.0 15,841.0
2010Q2 634,280.0 48,887.0 14.0 6,553.0 16,210.0
2010Q3 660,590.0 49,024.0 26.0 6,385.0 14,595.0
2010Q4 665,120.0 56,124.0 13.0 8,216.0 17,204.0
2011Q1 662,940.0 50,672.0 13.0 7,315.0 16,518.0
2011Q2 665,880.0 50,346.0 13.0 5,975.0 17,589.0
2011Q3 689,120.0 50,148.0 26.0 6,022.0 16,320.0
2011Q4 685,180.0 57,479.0 14.0 8,110.0 17,073.0
2012Q1 682,730.0 50,904.0 13.0 6,637.0 15,571.0
2012Q2 678,150.0 51,064.0 13.0 5,357.0 16,406.0
2012Q3 701,300.0 51,216.0 26.0 5,591.0 15,089.0
2012Q4 696,080.0 59,153.0 16.0 6,976.0 16,022.0
2013Q1 685,460.0 52,054.0 39.0 6,737.0 13,789.0
2013Q2 698,330.0 52,374.0 41.0 5,802.0 14,840.0
2013Q3 723,160.0 52,524.0 54.0 5,909.0 13,274.0
2013Q4 719,290.0 60,809.0 42.0 7,360.0 13,614.0
2014Q1 718,510.0 53,745.0 42.0 6,932.0 12,465.0
2014Q2 720,820.0 53,861.0 42.0 5,998.0 13,719.0
2014Q3 746,310.0 53,917.0 55.0 5,853.0 11,944.0
2014Q4 746,830.0 62,468.0 45.0 7,616.0 13,103.0
2015Q1 741,910.0 54,867.0 40.0 6,942.0 10,548.0
2015Q2 749,150.0 55,159.0 43.0 6,593.0 13,173.0
2015Q3 774,480.0 55,225.0 56.0 5,941.0 10,972.0
2015Q4 778,110.0 63,920.0 45.0 7,515.0 11,748.0
2016Q1 765,200.0 56,728.0 41.0 7,208.0 9,433.0
2016Q2 784,050.0 56,716.0 43.0 6,355.0 11,280.0
2016Q3 797,120.0 56,836.0 55.0 6,413.0 9,906.0
2016Q4 797,680.0 66,211.0 42.0 7,831.0 10,978.0
2017Q1 796,560.0 58,770.0 42.0 7,180.0 9,146.0
2017Q2 802,390.0 58,437.0 42.0 6,719.0 10,488.0

Compensation of employees Other taxes on prod. Subsidies Property income

42,194.0 10.0 7,238.0 16,035.0
41,898.0 10.0 6,955.0 16,309.0
43,702.0 20.0 7,243.0 16,253.0
52,533.0 10.0 8,962.0 16,502.0
42,674.0 10.0 6,839.0 16,223.0
42,159.0 10.0 6,725.0 16,356.0
45,341.0 20.0 6,952.0 16,067.0
51,909.0 10.0 7,698.0 15,977.0
43,143.0 10.0 6,582.0 15,840.0
43,181.0 10.0 6,500.0 15,794.0
44,371.0 20.0 6,562.0 15,823.0
51,540.0 10.0 7,116.0 15,764.0
43,289.0 11.0 6,720.0 15,713.0
43,201.0 11.0 5,609.0 15,869.0
44,304.0 21.0 5,773.0 15,737.0
51,439.0 11.0 6,982.0 15,799.0
43,774.0 16.0 6,885.0 16,005.0
43,678.0 16.0 4,958.0 16,040.0
44,296.0 26.0 5,960.0 16,203.0
51,432.0 16.0 7,546.0 16,436.0
44,056.0 15.0 6,790.0 16,526.0
43,933.0 15.0 4,877.0 16,690.0
44,521.0 25.0 5,352.0 16,797.0
51,665.0 15.0 7,533.0 16,981.0
45,008.0 14.0 7,176.0 17,348.0
45,328.0 14.0 4,750.0 17,197.0
45,502.0 24.0 5,021.0 17,237.0
53,241.0 14.0 7,321.0 16,687.0
47,347.0 13.0 7,453.0 15,632.0
47,384.0 14.0 7,377.0 16,121.0
48,050.0 26.0 7,837.0 17,003.0
55,031.0 13.0 9,646.0 16,206.0
49,493.0 13.0 8,512.0 15,841.0
48,887.0 14.0 6,553.0 16,210.0
49,024.0 26.0 6,385.0 14,595.0
56,124.0 13.0 8,216.0 17,204.0
50,672.0 13.0 7,315.0 16,518.0
50,346.0 13.0 5,975.0 17,589.0
50,148.0 26.0 6,022.0 16,320.0
57,479.0 14.0 8,110.0 17,073.0
50,904.0 13.0 6,637.0 15,571.0
51,064.0 13.0 5,357.0 16,406.0
51,216.0 26.0 5,591.0 15,089.0
59,153.0 16.0 6,976.0 16,022.0
52,054.0 39.0 6,737.0 13,789.0
52,374.0 41.0 5,802.0 14,840.0
52,524.0 54.0 5,909.0 13,274.0
60,809.0 42.0 7,360.0 13,614.0
53,745.0 42.0 6,932.0 12,465.0
53,861.0 42.0 5,998.0 13,719.0
53,917.0 55.0 5,853.0 11,944.0
62,468.0 45.0 7,616.0 13,103.0
54,867.0 40.0 6,942.0 10,548.0
55,159.0 43.0 6,593.0 13,173.0
55,225.0 56.0 5,941.0 10,972.0
63,920.0 45.0 7,515.0 11,748.0
56,728.0 41.0 7,208.0 9,433.0
56,716.0 43.0 6,355.0 11,280.0
56,836.0 55.0 6,413.0 9,906.0
66,211.0 42.0 7,831.0 10,978.0
58,770.0 42.0 7,180.0 9,146.0
58,437.0 42.0 6,719.0 10,488.0
Social benefits etc. Other current transfers Capital transfers
138,407.0 10,064.0 12,511.0
138,619.0 10,080.0 6,464.0
139,870.0 8,648.0 7,522.0
145,496.0 9,382.0 11,534.0
143,417.0 10,303.0 14,883.0
142,680.0 10,565.0 6,689.0
143,290.0 10,568.0 7,036.0
148,112.0 9,325.0 10,265.0
145,176.0 10,893.0 14,868.0
143,106.0 9,349.0 6,138.0
142,858.0 10,249.0 5,862.0
145,183.0 8,770.0 9,975.0
145,188.0 12,762.0 15,037.0
145,831.0 9,184.0 6,134.0
144,276.0 10,295.0 5,702.0
146,444.0 9,494.0 10,912.0
147,290.0 12,160.0 12,912.0
145,816.0 8,812.0 5,352.0
143,883.0 10,292.0 5,637.0
145,596.0 10,313.0 9,769.0
146,133.0 11,757.0 12,015.0
144,838.0 8,930.0 5,391.0
144,428.0 10,215.0 5,945.0
146,629.0 12,031.0 9,314.0
147,692.0 13,165.0 12,587.0
147,833.0 10,179.0 7,054.0
147,261.0 10,687.0 6,528.0
149,608.0 12,805.0 14,334.0
153,197.0 13,273.0 11,226.0
156,023.0 8,289.0 7,626.0
157,201.0 10,283.0 5,986.0
158,415.0 14,027.0 11,162.0
160,746.0 14,680.0 8,414.0
158,719.0 11,437.0 8,403.0
157,281.0 13,122.0 37,698.0
157,737.0 12,407.0 9,781.0
160,741.0 15,256.0 7,929.0
157,607.0 12,170.0 6,726.0
157,808.0 11,916.0 7,420.0
157,696.0 12,183.0 13,540.0
162,949.0 17,006.0 6,730.0
160,171.0 14,691.0 6,298.0
161,455.0 12,353.0 8,519.0
 160,973.0 13,619.0 10,391.0
167,776.0 21,019.0 8,054.0
165,701.0 18,500.0 6,927.0
166,678.0 17,400.0 6,533.0
166,252.0 17,322.0 9,989.0
173,011.0 21,904.0 5,827.0
169,781.0 19,273.0 5,701.0
173,006.0 15,766.0 13,041.0
175,190.0 16,289.0 12,449.0
181,333.0 22,345.0 6,341.0
178,307.0 19,614.0 6,338.0
180,486.0 14,566.0 6,339.0
182,194.0 18,232.0 11,008.0
188,399.0 21,710.0 6,778.0
186,794.0 18,250.0 8,876.0
189,472.0 18,899.0 8,815.0
190,230.0 16,852.0 11,918.0
197,349.0 21,097.0 6,649.0
194,849.0 19,884.0 13,565.0

Social benefits etc. Capital transfers

138,407.0 12,511.0
138,619.0 6,464.0
139,870.0 7,522.0
145,496.0 11,534.0
143,417.0 14,883.0
142,680.0 6,689.0
143,290.0 7,036.0
148,112.0 10,265.0
145,176.0 14,868.0
143,106.0 6,138.0
142,858.0 5,862.0
145,183.0 9,975.0
145,188.0 15,037.0
145,831.0 6,134.0
144,276.0 5,702.0
146,444.0 10,912.0
147,290.0 12,912.0
145,816.0 5,352.0
143,883.0 5,637.0
145,596.0 9,769.0
146,133.0 12,015.0
144,838.0 5,391.0
144,428.0 5,945.0
146,629.0 9,314.0
147,692.0 12,587.0
147,833.0 7,054.0
147,261.0 6,528.0
149,608.0 14,334.0
153,197.0 11,226.0
156,023.0 7,626.0
157,201.0 5,986.0
158,415.0 11,162.0
160,746.0 8,414.0
158,719.0 8,403.0
157,281.0 37,698.0
157,737.0 9,781.0
160,741.0 7,929.0
157,607.0 6,726.0
157,808.0 7,420.0
157,696.0 13,540.0
162,949.0 6,730.0
160,171.0 6,298.0
161,455.0 8,519.0
160,973.0 10,391.0
167,776.0 8,054.0
165,701.0 6,927.0
166,678.0 6,533.0
166,252.0 9,989.0
173,011.0 5,827.0
169,781.0 5,701.0
173,006.0 13,041.0
175,190.0 12,449.0
181,333.0 6,341.0
178,307.0 6,338.0
180,486.0 6,339.0
182,194.0 11,008.0
188,399.0 6,778.0
186,794.0 8,876.0
189,472.0 8,815.0
190,230.0 11,918.0
197,349.0 6,649.0
194,849.0 13,565.0
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9846023442
R Square 0.9694417762
Adjusted R Square 0.9661081518
Standard Error 14325.4350265
Observations 62
F critic
ANOVA 1.5288331472
df SS MS F
Regression 6 358073310368 59678885061.4 290.807138102
Residual 55 11286994878.47 205218088.7
Total 61 369360305247

Coefficients Standard Error t Stat P-value

Intercept
Compensation of employees
Other taxes on prod.
Subsidies
Property income
Social benefits etc.
Other current transfers
-249126.928179 74709.06111909 -3.334628015 0.0015341447
4.0061513738 0.6685045553 5.9927061707 1.6530991E-07
1307.48106253 277.8837695326 4.7051364847 1.7523919E-05
-15.7660117643 2.5170536101 -6.2636773811 6.0152533E-08
11.3923723069 2.1543634809 5.2880455913 0.000002201
3.7389290905 0.4238455564 8.8214422314 4.0837799E-12
0.9263531705 0.9636992371 0.9612471764 0.340634992
t critic
1.6702194838
 Significance F
8.68288274E-40

Lower 95% Upper 95% Lower 95.0% Upper 95.0%

-398847.232379 -99406.623979 -398847.23238 -99406.62398
2.6664383071 5.3458644404 2.6664383071 5.3458644404
750.589543837 1864.37258122 750.589543837 1864.3725812
-20.8102999208 -10.721723608 -20.810299921 -10.72172361
7.0749314118 15.7098132021 7.0749314118 15.709813202
2.8895236144 4.5883345667 2.8895236144 4.5883345667
-1.0049432582 2.8576495992 -1.0049432582 2.8576495992
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.984530368
R Square 0.969300045
Adjusted R Square 0.965950959
Standard Error 14358.61786
Observations 62
F critic
ANOVA 1.5288331472
df SS MS F Significance F
Regression 6 358020960373 59670160062 289.42225852 9.8584E-40
Residual 55 11339344873 206169906.79
Total 61 369360305247

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -277743.8275 72695.776998 -3.820632214 0.0003407981 -423429.42
Compensation of employees 3.835870862 0.6645846472 5.7718318927 3.748331E-07 2.504013467
Other taxes on prod. 1383.598011 273.17441968 5.064888627 4.913065E-06 836.1442407
Subsidies -15.61006617 2.5057471926 -6.229705142 6.830364E-08 -20.6316958
Property income 11.72000033 2.1778100969 5.3815529414 1.567763E-06 7.355571369
Social benefits etc. 3.983623661 0.369917108 10.768963032 3.674215E-15 3.242293211
Capital transfers 0.337248822 0.4133082882 0.8159740128 0.4180349631 -0.4910395
t critic
1.6702194838
gnificance F

Upper 95% Lower 95.0% Upper 95.0%

-132058.2348 -423429.42011 -132058.23479
5.1677282576 2.5040134669 5.1677282576
1931.0517821 836.144240724 1931.0517821
-10.58843658 -20.631695761 -10.588436581
16.084429297 7.3555713692 16.084429297
4.724954112 3.2422932108 4.724954112
1.1655371412 -0.4910394964 1.1655371412
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9843416075
R Square 0.9689284002
Adjusted R Square 0.9661541502
Standard Error 14315.7104004
Observations 62
F critic
ANOVA 1.5288331472
df SS MS F Significance F
Regression 5 357883689648 71576737930 349.257783312 6.947873E-41
Residual 56 11476615599 204939564.27
Total 61 369360305247

Coefficients Standard Error t Stat P-value Lower 95%

Intercept -269116.32067 71707.8263789 -3.7529560476 0.0004170606 -412764.3583
Compensation of employees 3.8971024759 0.6583611879 5.9193988762 2.0551365E-07 2.578246537
Other taxes on prod. 1364.31355785 271.336908636 5.0281163912 5.4156049E-06 820.7604139
Subsidies -15.353315437 2.4784839037 -6.1946399627 7.3187682E-08 -20.31831531
Property income 11.4779327755 2.151062715 5.3359359054 1.7768363E-06 7.168836356
Social benefits etc. 3.9444839411 0.3656979301 10.78618066 2.7417927E-15 3.211902957
t critic
1.6702194838
 Upper 95% Lower 95.0% Upper 95.0%
-125468.283 -412764.358 -125468.283
5.2159584153 2.578246537 5.215958415
1907.8667018 820.7604139 1907.866702
-10.38831556 -20.3183153 -10.38831556
15.787029195 7.168836356 15.78702919
4.6770649255 3.211902957 4.677064926