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CURRENT TRANSFERS – PAYMENTS OF COMPENSATION

Statistics Directorate    
French Equivalent: Transferts courants, paiements d’indemnités

Definition:
Payments of compensation consist of current transfers paid by institutional units to other institutional units in compensation for injury to persons or damage to property caused by the former excluding payments of non-life insurance claims.

Source Publication:
System of National Accounts (SNA), 2008, 8.140.

Cross References:
Current transfers – SNA

Hyperlink:
http://unstats.un.org/unsd/nationalaccount/docs/SNA2008.pdf

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Monday, April 22, 2013