Glossary:National disposable income

Gross (or net) national disposable income is the sum of the gross (or net) disposable incomes of the institutional sectors. Gross (or net) national disposable income equals gross (or net) national income (at market prices) minus current transfers (current taxes on income, wealth etc., social contributions, social benefits and other current transfers) payable to non-resident units, plus current transfers receivable by resident units from the rest of the world.

Adjusted national disposable income is calculated by adding the difference between social transfers in kind receivable by resident institutional units from non-resident units and social transfers in kind payable by resident institutional units to non-resident units to national disposable income.

Related concepts

• Gross national income
• Secondary distribution of income account

Statistical data

• National accounts and GDP

Sources

• ESA 2010 par. 8.95
• United Nations: System of National Accounts (SNA) 2008 § 2.95.-2.100, 16.12-16.14, New York, 2009]