The national accounts in 2025 National accounts - 2020 Benchmark
Financial and non financial assets and liabilities in 2025 National accounts - 2020 Benchmark
Through their savings, economic agents can accumulate capital, that is measured in terms of year-end stocks of non-financial and financial assets. Non-financial assets are tangible or intangible properties upon which ownership rights may be exercised. Financial assets are economic assets such as means of payment or financial claims. Financial liabilities are debts.
The financial account reports wealth accumulation of institutional sectors (households, corporations, etc.) in the form of financial assets and liabilities. This account presents flows during the year and year-end stocks of financial assets (cash, loans, shares, bonds, etc.) and financial liabilities (debts).
The balance sheet reports wealth accumulation of institutional sectors (households, corporations, etc.) in the form of non-financial assets and of financial assets and liabilities. This account presents year-end outstanding, and changes over the year, for all kinds of assets and liabilities.
Financial accounts and balance sheet will not be published until the summer 2026. Data for the previous accounting period are available in The Nation’s Accounts 2024.
Avertissement
Methodology of the annual accounts
The main revisions to the annual national accounts published on May 29, 2026, compared with the previous year's publication (May 28, 2025) and the latest publication of quarterly accounts (first estimate for the first quarter of 2026, published on April 30, 2026) are summarized in this note (in French).
Since May 31, 2024, INSEE has been publishing the national accounts in base 2020. All the changes brought about by this change of base are described in the file "Les comptes passent en base 2020 (in French)", which refers to methodological sheets providing additional information on specific points of national accounting.