Definition: Balance of primary incomes

Category: SNA 1993

The balance of primary incomes is defined as the total value of the primary incomes receivable by an institutional unit or sector less the total of the primary incomes payable. At the level of the total economy it is described as "national income".

This definition is used both in SNA 1993 (§ 7.14) and in SNA 2008 (§ 7.18). United Nations, System of National Accounts (SNA) 1993, United Nations, New York, 1993
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009