Provincial and Territorial Gross Domestic Product (GDP) by Income and by Expenditure Accounts

Current account of household sector, category

Current account refers to the account that covers all transactions (other than those in the capital and financial accounts) that involve exchange of economic values (goods, services and investment income) and current transfers. Consumption of fixed capital is entered in this account as an expense. Gross fixed capital formation is an expense of the capital account.

Household sector refers to all resident households and their unincorporated businesses in the case of the Income and Outlay Accounts, the Capital and Financial Accounts and the National Balance Sheets Accounts. In the Production Accounts household unincorporated businesses are excluded.

The data for this variable are reported using the following classifications and/or lists:

• Components of current accounts, Households