List of Components of Household Outlays

1. - Property income paid

'Property income paid' refers to the total payments of property income. Property income accrues when the owners of financial assets and natural resources put them at the disposal of other institutional units. The income payable for the use of financial assets is called investment income while that payable for the use of a natural resource or land is called rent. Property income is the sum of investment income and rent.

2. - Current transfers paid

'Current transfers paid' refers to the total payment of current transfers. Current transfers are transactions in which one institutional unit provides a good or service to another unit without receiving any good or service directly in return and does not oblige one or both parties to acquire, or dispose of, an asset.

3. - Household final consumption expenditure

'Household final consumption expenditure' refers to the total final consumption expenditures of institutional units that are households. Final consumption expenditure refers to the amount of expenditure on consumption goods and services. Household final consumption expenditure consists of the expenditure, including expenditure whose value must be estimated indirectly, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant and including consumption goods and services acquired abroad.