Term:
Allocation of primary income account – SNA
Definition:

The allocation of primary income account focuses on resident institutional units or sectors in their capacity as recipients of primary incomes rather than as producers whose activities generate primary incomes; it lists two kinds of income under “resources”:

(a) primary incomes already recorded in the generation of income account that are receivable by resident institutional units, and

(b) property incomes receivable from the ownership of financial or tangible non-produced assets (mainly land or sub-soil assets).

Domain:
Economics & National Accounts
Source:
SNA 7.12 and 7.13
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