Secondary income - monthly - net

Concept: Secondary income, previously “unilateral transferences”, has its name adjusted to the National Accounts and presents the income generated in one economy and distributed to another. It divides transferences in two components: government and other sectors. In the former are registered current taxes on income, contributions and social benefits, current international cooperation and other current government transfers. Meanwhile, in the latter are personal transfers (current transfers between resident and nonresident families) and other current transfers. Source: Central Bank of Brazil – Department of Economics