Statistics Explained

Glossary:Non-financial corporations sector

The non-financial corporations sector is an institutional sector in national accounts. Institutional sectors within national accounts bring together economic units with broadly similar characteristics and behaviour.

The non-financial corporations sector consists of institutional units which are independent legal entities and market producers, and whose principal activity is the production of goods and non-financial services. It may be divided into three subsectors covering: public non-financial corporations; national private non-financial corporations; foreign controlled non-financial corporations.

The other institutional sectors in national accounts are:

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