FISIM allocation within the ESA

This procedure concerns the accounting method for financial intermediation services indirectly measured (FISIM) within the European System of Accounts (ESA). It aims to standardize how the value of services provided by financial institutions is calculated when not explicitly priced, ensuring consistent economic reporting across the EU.

This affects national statistical offices and financial regulators. It ensures that public deficit and GDP figures are comparable across member states by refining how interest rates and financial services are recorded.