The 19th October 2011 Istat released the new annual series of national accounts based on the most updated versions of the classification of economic activities (Ateco 2007, the national version of Nace Rev. 2) and of products by activity (CPA 2008). At the same time, as in other European countries, the time series of national accounts have been subjected to an extraordinary revision, exploiting advances in methods and sources (e.g. the new balance of payments estimates issued by the Bank of Italy).

Labour input: the main definitions on labour inputs (ESA95) concern persons employed, jobs and full time equivalent. In the system of national accounts, these concepts are defined on the base of economic territory and centre of interest. Labour inputs have to be classified on the base of the economic activity unit at local level and of the institutional unit. The Italian approach to the labour inputs estimates allows to calculate the jobs and the corresponding full time equivalent, that represent the transformation to full-time of jobs for different working categories (registered, unregistered, main, multiple) detectable by integrating and comparing different statistical sources or by using indirect estimating methods.