Financial intermediation services indirectly measured (FISIM) in the national accounts
FISIM is now included in our National Accounts (Income and Expenditure) and National Accounts (Industry Benchmarks) releases.
This paper explains what FISIM is, how it will affect these releases, and what impact it will have on other economic statistics we will release in the future.
The key changes associated with measuring FISIM are:
- the level of GDP increases in all years
- most measurements of interest receipts and payments change
- the Finance Service Charge (FSC) is superseded by FISIM measurements.
Financial intermediation services indirectly measured (FISIM) in the national accounts (PDF, 18 pages, 498kb)