Definition
Income received by institutional units (residents in income and non-residents in payments) for their contribution to the production process, whether by providing labor, financial assets, or land to other non-resident institutional units.
Further information
Primary income includes labour income, investment income, and other primary incomes (taxes on production and imports, and subsidies).
The primary income account is part of the current account of the Balance of Payments.
Related concepts
References
- The Balance of Payments and the International Investment Position. Methodological Note.
- Sixth Edition of the IMF’s Balance of Payments and International Investment Position Manual.
Links to data tables
Selection of tables
Other resources
- BExplore the external statistics (interactive charts).
- In brief. Graphical summary of external statistics.
Update date: January 2025
