Primary income
Primary income represents the return that accrues to institutional units for their contribution to the production process, or for the provision of financial assets or from renting natural resources to other institutional units. It comprises compensation of employees, investment income and other primary income.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)
Source organisation
- IMF
Related concepts
Primary income is the income which resident units receive by virtue of their participation in the production process, and income receivable by owners of financial or other assets in return for placing assets at the disposal of other institutional units. Primary income can be compensation of employees, taxes on production and imports less subsidies, gross operating surplus, gross mixed income or property income. (ESA 1995 8.22.)
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)
Source organisation
- EU
Related concepts
Jaa