Where I can find the data for transfer-payment spending per capita (in thousands) ? Is it also called personal current transfer receipts?thanks
Data can be found for transfer-payment spending per capita (in thousands) on website: The statistics Portal
No they are not the same:
Personal current transfer receipts. Consists of income payments to persons for which no current services are performed and net insurance settlements. It is the sum of government social benefits and net current transfer receipts from business.
A transfer payment spending (or government transfer or simply transfer) is a redistribution of income and wealth (payment) made without goods or services being received in return. These payments are considered to be non-exhaustive because they do not directly absorb resources or create output.
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