Provisional estimates indicate that non-financial corporations accounted for 55.9 per cent of Gross Value Added during 2009.

The resident institutional units that make up the total economy are grouped into the following five mutually exclusive institutional sectors:;

(i) Non-financial Corporations (S.11);

(ii) Financial Corporations (S.12);

(iii) General Government (S.13);

(iv) Households (S.14);

(v) Non-profit Institutions Serving Households (S.15).

Financial and non-financial corporations are institutional units whose purpose is to produce goods and services for the markets. During 2009, non-financial corporations (S.11) continued to be a key player in the economy, with a share of 55.9 per cent of total Gross Value Added.

The general government sector (S.13) is made up of government units that organise and finance the provision of non-market goods and services to households and the community. This sector accounted for a 19.4 per cent proportion of total Gross Value Added in 2009.

The Households sector (S.14) primarily comprises consumer units, which can engage in any kind of economic activity. Such units not only supply labour to enterprises but may also operate their own producer units in the form of unincorporated enterprises. This sector generated 17.3 per cent of Gross Value Added last year.

Financial corporations (S.12) contributed 5.8 per cent, while non-profit institutions serving households

(S.15) had the least economic weight, at 1.6 per cent. The latter refer to institutional units that are created for the purpose of producing or distributing goods or services, and not for generating income or profits.

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