The present document describes the general structure of the World Inequality Database (WID). It explains how information is organized within it, and how to retrieve and interpret it content.
Section 1 starts by explaining the different ways of accessing the database. Section 2 then explains the general structure of the variables. The other sections describe the different WID codes that exist in the database. Note that this document is mostly dedicated to describing the technical organization of the database. For a more in-depth description of concepts and estimation methods, please refer to the DINA guidelines or our library of papers.
Table of Contents
1. General Presentation
1.1. How to Access the Data on WID.world
Users can take directly take advantage of the graphing capabilities on WID.world to make simple plots. For more advanced analyses, they can download the data and then import it into their preferred statistical software. For two of them (R and Stata), we provide packages to directly access the WID. Overall, we can distinguish four ways of accessing the data on WID.world.
1.1.1. Using the Graphing Tools on the Website
The WID.world website offers several basic graphing capabilities. The “WORLD” section of the website can be used to display the data for all the available countries on a world map, and to plot the same series over time for different countries. The “BY COUNTRY” section of the section can be used to display several series for the same country. In both cases, the variable selection is done via the menu of the left. By default, it suggests a handful of “key indicators” which corresponds to the most common and the most widely available types of indicators requested.
To access other series, choose “more indicators” at the bottom of the menu. This section of the menu is divided into five categories. The two categories “average & total income” and “average & total wealth” refer to macroeconomic aggregates. To select a variable from these categories, click on them, and then choose a concept from the menu that appears. Most concepts can be decomposed into more subconcepts by click on the arrow on their right. The two categories “income inequality” and “wealth inequality” refer to distributed variables. If you choose them, a menu will appear to let you select a concept (top-right corner) and a part of the distribution (or the Gini coefficient). The last category “other indicators” refers to other categories such as prices, exchange rates and populations. Once you have selected a concept, the menu will ask you to specify other characteristics of the series requested (currency, population unit, age group, average/share/aggregate, depending on what is relevant to the context considered).
For country graphs, you can display several series simultaneously, assuming they have the same unit. Buttons on the right of the graph let you share the graph, export it as an image, or export the underlying data. The “?” lets you view the sources and the methodological notes for the data.
1.1.2. Downloading Specific Series
The “DATA” section of the website lets you download series directly. The menu in this section is best suited for downloading a limited number of specific series.
1.1.3. Bulk Download
For user who want to request a large number of series at the same time, we recommend the bulk download options. The button at the bottom-left of the “DATA” section lets user download the entire database at once. Users can also download all of the data relative to a specific country on the country pages.
1.1.4. Packages for Statistical Software (R and Stata)
We have developed two packages to download data from the WID directly from Stata and R. Please refer to the documentation of these packages for more details.
2. General Structure
The precise structure of the WID is mostly of interest to users that download the database in bulk of through the statistical packages in R and Stata.
Every data series in the WID has a WID code (which refers to the concept under consideration), a percentile code (which refers to a specific part of the distribution, if applicable) and a country (or region) code, that refers the area under consideration. Finally, every data point is also associated to a specific year. The WID codes themselves are constructed by combining specific codes for series types, concepts, age groups and population unit.
For example, consider the following:
s |
ptinc |
992 |
j |
p99p100 |
US |
1970 |
share |
pretax national income |
adults |
equal-split |
top 1% |
United States |
year |
WID code |
This refers to the share of pretax national income among equal-split adults (sptinc992j) for the top 1% (p99p100) in the United States (US) in 1970. The sections below detail the different options available in the WID for constructing variables such as the one above.
2.1. Construction of WID Code
2.1.2. One-letter Code for Series Type
The first letter of the WID code is a one-letter code that determines type of series that you are requesting. In many cases, several series type exist for the same concept. For example, consider the pretax national income of the top 1%: you can request their share of income (s), their average income (a) or their threshold (t). Below is the list of all series types.
1-letter code |
meaning |
unit |
a |
average |
local currency unit, last year’s prices |
b |
inverted Pareto-Lorenz coefficient |
no unit |
f |
female population |
fraction (between 0 and 1) |
g |
Gini coefficient |
Gini coefficient (between 0 and 1) |
i |
index |
no unit |
n |
population |
people |
s |
share |
fraction (between 0 and 1) |
t |
threshold |
local currency unit, last year’s prices |
m |
total |
local currency unit, last year’s prices |
p |
proportion of women |
fraction (between 0 and 1) |
w |
wealth-to-income ratio or labor/capital share |
fraction of national income |
x |
exchange rate (market or PPP) |
local currency unit per foreign currency |
The series type determines its unit, as indicated in the table above. All monetary amounts are in local currency at constant prices for countries and country subregions. Monetary amounts for world regions are in EUR PPP. Series are at last year’s prices (the database is usually updated every year at the end of June). To check the year of reference, look at when the price index is equal to 1. You can access the price index using the variable inyixx999i, the PPP exchange rates using xlcusp999i (USD), xlceup999i (EUR), xlcyup999i (CNY), and the market exchange rates using xlcusx999i (USD), xlceux999i (EUR), xlcyux999i (CNY). Shares and wealth/income ratios are given as a fraction of 1. That is, a top 1% share of 20% is given as 0.2. A wealth/income ratio of 300% is given as 3.
2.1.3. Five-letter Code for Series Concept
The second to the sixth letter of the WID code is a five-letter concept code that determines the concept of the requested series. It is usually an income or wealth concept, but can also correspond to auxiliary concepts such as prices indexes, exchange rates, populations, etc.
Common five-letter codes include nninc (national income), ptinc (pretax income), diinc (post-tax income) or fiinc (fiscal income). But there is a great wealth of five-letter codes in the WID that are described in the next sections.
2.1.4. Three-digit Code for Age Group
The three-digit code in WID codes refer to the population group for the variable is requested. The most common codes are 999 (full population), 992 (adult population, i.e. 20 and older) and 996 (working-age population, i.e. from 20 to 65). The full list of population codes is given in the table below.
For aggregate variables, the age code indicates the population denominator for averages. For example, anninc999i refers to national income per capita, whereas anninc992i refers to national income per adult. For distributed variables, the age code refers to the population group receiving the income. For example, sptinc992j refers to the share of pretax income of a that accrues to a given percentile of the adult population, while flinc996i refers to shares of labor income that accrue to a given percentile of the working-age population. For variables to which age groups do not apply (e.g. prices indexes, exchange rates), we use the age code 999 (full population).
age code |
description |
999 |
The population is comprised of individuals of all ages. |
991 |
The population is comprised of individuals below age 20. |
992 |
The population is comprised of individuals over age 20. |
993 |
The population is comprised of individuals between ages 20 and 39. |
994 |
The population is comprised of individuals between ages 40 and 59. |
995 |
The population is comprised of individuals over age 60. |
996 |
The population is comprised of individuals between ages 20 and 64. |
997 |
The population is comprised of individuals over age 65. |
998 |
The population is comprised of individuals over age 80. |
201 |
The population is comprised of individuals of in the 20 to 24 age group. |
251 |
The population is comprised of individuals of in the 25 to 29 age group. |
301 |
The population is comprised of individuals of in the 30 to 34 age group. |
351 |
The population is comprised of individuals of in the 35 to 39 age group. |
401 |
The population is comprised of individuals of in the 40 to 44 age group. |
451 |
The population is comprised of individuals of in the 45 to 49 age group. |
501 |
The population is comprised of individuals of in the 50 to 54 age group. |
551 |
The population is comprised of individuals of in the 55 to 59 age group. |
601 |
The population is comprised of individuals of in the 60 to 64 age group. |
651 |
The population is comprised of individuals of in the 65 to 69 age group. |
701 |
The population is comprised of individuals of in the 70 to 74 age group. |
751 |
The population is comprised of individuals of in the 75 to 79 age group. |
801 |
The population is comprised of individuals of in the 80 to 84 age group. |
851 |
The population is comprised of individuals of in the 85 to 89 age group. |
901 |
The population is comprised of individuals of in the 90 to 94 age group. |
951 |
The population is comprised of individuals of in the 95 to 99 age group. |
111 |
The population is comprised of individuals over age 99. |
001 |
The population is comprised of individuals of in the 0 to 4 age group. |
051 |
The population is comprised of individuals of in the 5 to 9 age group. |
101 |
The population is comprised of individuals of in the 10 to 14 age group. |
151 |
The population is comprised of individuals of in the 15 to 19 age group. |
202 |
The population is comprised of individuals of in the 20 to 29 age group. |
302 |
The population is comprised of individuals of in the 30 to 39 age group. |
402 |
The population is comprised of individuals of in the 40 to 49 age group. |
502 |
The population is comprised of individuals of in the 50 to 59 age group. |
602 |
The population is comprised of individuals of in the 60 to 69 age group. |
702 |
The population is comprised of individuals of in the 70 to 79 age group. |
802 |
The population is comprised of individuals of in the 80 to 89 age group. |
902 |
The population is comprised of individuals of in the 90 to 99 age group. |
2.1.5. One-letter Code for Population Unit
The last letter of the WID code determines the population unit of the variable. The most commons are “i” (for individuals), “j” (for equal-split) and “t” (for tax units, i.e. households). The full list is given below.
Differences of population units only matter for distributed series. For aggregate series (or prices, exchange rates and population series) we use the letter “i” (for individuals) by default. For distributed series, “i” means that the unit is the individual, and that income or wealth is distributed to each specific individual; “j” means that the unit is the individual, but that income or wealth is distributed equally among all household members; “t” means that the tax unit (i.e. the household) is taken directly as the statistical unit.
unit code |
description |
i |
individuals |
j |
equal-split adults |
m |
male |
f |
female |
t |
tax unit |
e |
employed |
2.2. Country Codes
The two-letter country codes used in WID mostly follow the ISO 3166-1 alpha-2 standard. The list has however been amended to include world regions, country subregions, former countries and countries not officially included in the standard. The full list, including the composition of regions, is indicated below.
Regions within country XX are indicated as XX-YY, where YY is the region code. World regions are indicated as XX and XX-MER, the first one using purchasing power parities (the default) and the second one using market exchange rates.
Country Codes
WID code |
country name |
region (broad) |
region (detailed) |
region (other) |
AD |
Andorra |
Europe |
Western Europe |
|
AE |
United Arab Emirates |
Asia |
Western Asia |
|
AF |
Afghanistan |
Asia |
Southern Asia |
|
AG |
Antigua and Barbuda |
Americas |
Caribbean |
|
AI |
Anguilla |
Americas |
Caribbean |
|
AL |
Albania |
Europe |
Eastern Europe |
|
AM |
Armenia |
Asia |
Western Asia |
|
AN |
Netherlands Antilles |
Americas |
Caribbean |
|
AO |
Angola |
Africa |
Middle Africa |
|
AR |
Argentina |
Americas |
South America |
|
AS |
American Samoa |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
AT |
Austria |
Europe |
Western Europe |
European Union |
AU |
Australia |
Oceania |
Australia and New Zealand |
|
AW |
Aruba |
Americas |
Caribbean |
|
AZ |
Azerbaijan |
Asia |
Western Asia |
|
BA |
Bosnia and Herzegovina |
Europe |
Eastern Europe |
|
BB |
Barbados |
Americas |
Caribbean |
|
BD |
Bangladesh |
Asia |
Southern Asia |
|
BE |
Belgium |
Europe |
Western Europe |
European Union |
BF |
Burkina Faso |
Africa |
Western Africa |
|
BG |
Bulgaria |
Europe |
Eastern Europe |
European Union |
BH |
Bahrain |
Asia |
Western Asia |
|
BI |
Burundi |
Africa |
Eastern Africa |
|
BJ |
Benin |
Africa |
Western Africa |
|
BM |
Bermuda |
Americas |
Northern America |
|
BN |
Brunei Darussalam |
Asia |
South-Eastern Asia |
|
BO |
Bolivia |
Americas |
South America |
|
BR |
Brazil |
Americas |
South America |
|
BS |
Bahamas |
Americas |
Caribbean |
|
BT |
Bhutan |
Asia |
Southern Asia |
|
BW |
Botswana |
Africa |
Southern Africa |
|
BY |
Belarus |
Asia |
Western Asia |
|
BZ |
Belize |
Americas |
Central America |
|
CA |
Canada |
Americas |
Northern America |
|
CD |
DR Congo |
Africa |
Middle Africa |
|
CF |
Central African Republic |
Africa |
Middle Africa |
|
CG |
Congo |
Africa |
Middle Africa |
|
CH |
Switzerland |
Europe |
Western Europe |
|
CI |
Cote d’Ivoire |
Africa |
Western Africa |
|
CK |
Cook Islands |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
CL |
Chile |
Americas |
South America |
|
CM |
Cameroon |
Africa |
Middle Africa |
|
CN |
China |
Asia |
Eastern Asia |
|
CO |
Colombia |
Americas |
South America |
|
CR |
Costa Rica |
Americas |
Central America |
|
CS |
Czechoslovakia |
Europe |
Eastern Europe |
European Union |
CU |
Cuba |
Americas |
Caribbean |
|
CV |
Cabo Verde |
Africa |
Western Africa |
|
CW |
Curacao |
Americas |
Caribbean |
|
CY |
Cyprus |
Europe |
Eastern Europe |
European Union |
CZ |
Czech Republic |
Europe |
Eastern Europe |
European Union |
DD |
German Democratic Republic |
Europe |
Western Europe |
|
DE |
Germany |
Europe |
Western Europe |
European Union |
DJ |
Djibouti |
Africa |
Eastern Africa |
|
DK |
Denmark |
Europe |
Western Europe |
European Union |
DM |
Dominica |
Americas |
Caribbean |
|
DO |
Dominican Republic |
Americas |
Caribbean |
|
DZ |
Algeria |
Africa |
Northern Africa |
|
EC |
Ecuador |
Americas |
South America |
|
EE |
Estonia |
Europe |
Eastern Europe |
European Union |
EG |
Egypt |
Africa |
Northern Africa |
|
EH |
Western Sahara |
Africa |
Northern Africa |
|
ER |
Eritrea |
Africa |
Eastern Africa |
|
ES |
Spain |
Europe |
Western Europe |
European Union |
ET |
Ethiopia |
Africa |
Eastern Africa |
|
FI |
Finland |
Europe |
Western Europe |
European Union |
FJ |
Fiji |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
FK |
Falkland Islands |
Americas |
South America |
|
FM |
Micronesia |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
FO |
Faroe Islands |
Europe |
Western Europe |
European Union |
FR |
France |
Europe |
Western Europe |
European Union |
GA |
Gabon |
Africa |
Middle Africa |
|
GB |
United Kingdom |
Europe |
Western Europe |
European Union |
GD |
Grenada |
Americas |
Caribbean |
|
GE |
Georgia |
Asia |
Western Asia |
|
GH |
Ghana |
Africa |
Western Africa |
|
GI |
Gibraltar |
Europe |
Western Europe |
European Union |
GL |
Greenland |
Americas |
Northern America |
|
GM |
Gambia |
Africa |
Western Africa |
|
GN |
Guinea |
Africa |
Western Africa |
|
GQ |
Equatorial Guinea |
Africa |
Middle Africa |
|
GR |
Greece |
Europe |
Western Europe |
European Union |
GT |
Guatemala |
Americas |
Central America |
|
GU |
Guam |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
GW |
Guinea-Bissau |
Africa |
Western Africa |
|
GY |
Guyana |
Americas |
South America |
|
HK |
Hong Kong |
Asia |
Eastern Asia |
|
HN |
Honduras |
Americas |
Central America |
|
HR |
Croatia |
Europe |
Eastern Europe |
European Union |
HT |
Haiti |
Americas |
Caribbean |
|
HU |
Hungary |
Europe |
Eastern Europe |
European Union |
ID |
Indonesia |
Asia |
South-Eastern Asia |
|
IE |
Ireland |
Europe |
Western Europe |
European Union |
IL |
Israel |
Asia |
Western Asia |
|
IM |
Isle of Man |
Europe |
Western Europe |
European Union |
IN |
India |
Asia |
Southern Asia |
|
IQ |
Iraq |
Asia |
Western Asia |
|
IR |
Iran |
Asia |
Southern Asia |
|
IS |
Iceland |
Europe |
Western Europe |
|
IT |
Italy |
Europe |
Western Europe |
European Union |
JM |
Jamaica |
Americas |
Caribbean |
|
JO |
Jordan |
Asia |
Western Asia |
|
JP |
Japan |
Asia |
Eastern Asia |
|
KE |
Kenya |
Africa |
Eastern Africa |
|
KG |
Kyrgyzstan |
Asia |
Central Asia |
|
KH |
Cambodia |
Asia |
South-Eastern Asia |
|
KI |
Kiribati |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
KM |
Comoros |
Africa |
Eastern Africa |
|
KN |
Saint Kitts and Nevis |
Americas |
Caribbean |
|
KP |
North Korea |
Asia |
Eastern Asia |
|
KR |
Korea |
Asia |
Eastern Asia |
|
KV |
Kosovo |
Europe |
Eastern Europe |
|
KW |
Kuwait |
Asia |
Western Asia |
|
KY |
Cayman Islands |
Americas |
Caribbean |
|
KZ |
Kazakhstan |
Asia |
Central Asia |
|
LA |
Lao PDR |
Asia |
South-Eastern Asia |
|
LB |
Lebanon |
Asia |
Western Asia |
|
LC |
Saint Lucia |
Americas |
Caribbean |
|
LI |
Liechtenstein |
Europe |
Western Europe |
|
LK |
Sri Lanka |
Asia |
Southern Asia |
|
LR |
Liberia |
Africa |
Western Africa |
|
LS |
Lesotho |
Africa |
Southern Africa |
|
LT |
Lithuania |
Europe |
Eastern Europe |
European Union |
LU |
Luxembourg |
Europe |
Western Europe |
European Union |
LV |
Latvia |
Europe |
Eastern Europe |
European Union |
LY |
Libya |
Africa |
Northern Africa |
|
MA |
Morocco |
Africa |
Northern Africa |
|
MC |
Monaco |
Europe |
Western Europe |
|
MD |
Moldova |
Europe |
Eastern Europe |
|
ME |
Montenegro |
Europe |
Eastern Europe |
|
MG |
Madagascar |
Africa |
Eastern Africa |
|
MH |
Marshall Islands |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
MK |
North Macedonia |
Europe |
Eastern Europe |
|
ML |
Mali |
Africa |
Western Africa |
|
MM |
Myanmar |
Asia |
South-Eastern Asia |
|
MN |
Mongolia |
Asia |
Eastern Asia |
|
MO |
Macao |
Asia |
Eastern Asia |
|
MP |
Northern Mariana Islands |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
MR |
Mauritania |
Africa |
Western Africa |
|
MS |
Montserrat |
Americas |
Caribbean |
European Union |
MT |
Malta |
Europe |
Western Europe |
European Union |
MU |
Mauritius |
Africa |
Eastern Africa |
|
MV |
Maldives |
Asia |
Southern Asia |
|
MW |
Malawi |
Africa |
Eastern Africa |
|
MX |
Mexico |
Americas |
Central America |
|
MY |
Malaysia |
Asia |
South-Eastern Asia |
|
MZ |
Mozambique |
Africa |
Eastern Africa |
|
NA |
Namibia |
Africa |
Southern Africa |
|
NC |
New Caledonia |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
NE |
Niger |
Africa |
Western Africa |
|
NG |
Nigeria |
Africa |
Western Africa |
|
NI |
Nicaragua |
Americas |
Central America |
|
NL |
Netherlands |
Europe |
Western Europe |
European Union |
NO |
Norway |
Europe |
Western Europe |
|
NP |
Nepal |
Asia |
Southern Asia |
|
NR |
Nauru |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
NU |
Niue |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
NZ |
New Zealand |
Oceania |
Australia and New Zealand |
|
OM |
Oman |
Asia |
Western Asia |
|
PA |
Panama |
Americas |
Central America |
|
PE |
Peru |
Americas |
South America |
|
PF |
French Polynesia |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
PG |
Papua New Guinea |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
PH |
Philippines |
Asia |
South-Eastern Asia |
|
PK |
Pakistan |
Asia |
Southern Asia |
|
PL |
Poland |
Europe |
Eastern Europe |
European Union |
PM |
Saint Pierre and Miquelon |
Americas |
Northern America |
|
PR |
Puerto Rico |
Americas |
Caribbean |
|
PS |
Palestine |
Asia |
Western Asia |
|
PT |
Portugal |
Europe |
Western Europe |
European Union |
PW |
Palau |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
PY |
Paraguay |
Americas |
South America |
|
QA |
Qatar |
Asia |
Western Asia |
|
RO |
Romania |
Europe |
Eastern Europe |
European Union |
RS |
Serbia |
Europe |
Eastern Europe |
|
RU |
Russian Federation |
Asia |
Western Asia |
|
RW |
Rwanda |
Africa |
Eastern Africa |
|
SA |
Saudi Arabia |
Asia |
Western Asia |
|
SB |
Solomon Islands |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
SC |
Seychelles |
Africa |
Eastern Africa |
|
SD |
Sudan |
Africa |
Northern Africa |
|
SE |
Sweden |
Europe |
Western Europe |
European Union |
SG |
Singapore |
Asia |
South-Eastern Asia |
|
SH |
Saint Helena |
Africa |
Western Africa |
|
SI |
Slovenia |
Europe |
Eastern Europe |
European Union |
SK |
Slovakia |
Europe |
Eastern Europe |
European Union |
SL |
Sierra Leone |
Africa |
Western Africa |
|
SM |
San Marino |
Europe |
Western Europe |
|
SN |
Senegal |
Africa |
Western Africa |
|
SO |
Somalia |
Africa |
Eastern Africa |
|
SR |
Suriname |
Americas |
South America |
|
SS |
South Sudan |
Africa |
Northern Africa |
|
ST |
Sao Tome and Principe |
Africa |
Middle Africa |
|
SU |
USSR |
Asia |
Western Asia |
|
SV |
El Salvador |
Americas |
Central America |
|
SX |
Sint Maarten (Dutch part) |
Americas |
Caribbean |
|
SY |
Syrian Arab Republic |
Asia |
Western Asia |
|
SZ |
Swaziland |
Africa |
Southern Africa |
|
TC |
Turks and Caicos Islands |
Americas |
Caribbean |
|
TD |
Chad |
Africa |
Middle Africa |
|
TG |
Togo |
Africa |
Western Africa |
|
TH |
Thailand |
Asia |
South-Eastern Asia |
|
TJ |
Tajikistan |
Asia |
Central Asia |
|
TK |
Tokelau |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
TL |
Timor-Leste |
Asia |
South-Eastern Asia |
|
TM |
Turkmenistan |
Asia |
Central Asia |
|
TN |
Tunisia |
Africa |
Northern Africa |
|
TO |
Tonga |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
TR |
Turkey |
Asia |
Western Asia |
|
TT |
Trinidad and Tobago |
Americas |
Caribbean |
|
TV |
Tuvalu |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
TW |
Taiwan |
Asia |
Eastern Asia |
|
TZ |
Tanzania |
Africa |
Eastern Africa |
|
UA |
Ukraine |
Asia |
Western Asia |
|
UG |
Uganda |
Africa |
Eastern Africa |
|
US |
USA |
Americas |
Northern America |
|
UY |
Uruguay |
Americas |
South America |
|
UZ |
Uzbekistan |
Asia |
Central Asia |
|
VA |
Holy See |
Europe |
Western Europe |
|
VC |
Saint Vincent and the Grenadines |
Americas |
Caribbean |
|
VE |
Venezuela |
Americas |
South America |
|
VG |
Virgin Islands, British |
Americas |
Caribbean |
|
VI |
Virgin Islands, US |
Americas |
Caribbean |
|
VN |
Viet Nam |
Asia |
South-Eastern Asia |
|
VU |
Vanuatu |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
WF |
Wallis and Futuna |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
WS |
Samoa |
Oceania |
Oceania (excl. Australia and New Zealand) |
|
XI |
Channel Islands |
Europe |
Western Europe |
European Union |
YE |
Yemen |
Asia |
Western Asia |
|
YU |
Yugoslavia |
Europe |
Eastern Europe |
European Union |
ZA |
South Africa |
Africa |
Southern Africa |
|
ZM |
Zambia |
Africa |
Eastern Africa |
|
ZW |
Zimbabwe |
Africa |
Eastern Africa |
|
ZZ |
Zanzibar |
Africa |
Eastern Africa |
|
Country Subregions Codes
WID code |
region name |
CN-RU |
Rural China |
CN-UR |
Urban China |
DE-BD |
Baden |
DE-BY |
Bavaria |
DE-HB |
Bremen |
DE-HE |
Hesse |
DE-HH |
Hamburg |
DE-PR |
Prussia |
DE-SN |
Saxony |
DE-WU |
Wurttemberg |
US-AK |
Alaska |
US-AL |
Alabama |
US-AR |
Arkansas |
US-AZ |
Arizona |
US-CA |
California |
US-CO |
Colorado |
US-CT |
Connecticut |
US-DC |
District of Columbia |
US-DE |
Delaware |
US-FL |
Florida |
US-GA |
Georgia |
US-HI |
Hawaii |
US-IA |
Iowa |
US-ID |
Idaho |
US-IL |
Illinois |
US-IN |
Indiana |
US-KS |
Kansas |
US-KY |
Kentucky |
US-LA |
Louisiana |
US-MA |
Massachusetts |
US-MD |
Maryland |
US-ME |
Maine |
US-MI |
Michigan |
US-MN |
Minnesota |
US-MO |
Missouri |
US-MS |
Mississippi |
US-MT |
Montana |
US-NC |
North Carolina |
US-ND |
North Dakota |
US-NE |
Nebraska |
US-NH |
New Hampshire |
US-NJ |
New Jersey |
US-NM |
New Mexico |
US-NV |
Nevada |
US-NY |
New York |
US-OH |
Ohio |
US-OK |
Oklahoma |
US-OR |
Oregon |
US-PA |
Pennsylvania |
US-RI |
Rhode Island |
US-SC |
South Carolina |
US-SD |
South Dakota |
US-TN |
Tennessee |
US-TX |
Texas |
US-UT |
Utah |
US-VA |
Virginia |
US-VT |
Vermont |
US-WA |
Washington |
US-WI |
Wisconsin |
US-WV |
West Virginia |
US-WY |
Wyoming |
World Regions Codes (Purchasing Power Parity)
WID code |
region name |
QB |
Africa (at purchasing power parity) |
QC |
Americas (at purchasing power parity) |
QD |
Asia (at purchasing power parity) |
QE |
Europe (at purchasing power parity) |
QF |
Oceania (at purchasing power parity) |
QG |
Australia and New Zealand (at purchasing power parity) |
QH |
Caribbean (at purchasing power parity) |
QI |
Central America (at purchasing power parity) |
QJ |
Central Asia (at purchasing power parity) |
QK |
Eastern Africa (at purchasing power parity) |
QL |
Eastern Asia (at purchasing power parity) |
QM |
Eastern Europe (at purchasing power parity) |
QN |
Middle Africa (at purchasing power parity) |
QO |
Northern Africa (at purchasing power parity) |
QP |
Northern America (at purchasing power parity) |
QQ |
Oceania (excl. Australia and New Zealand) (at purchasing power parity) |
QR |
South America (at purchasing power parity) |
QS |
South-Eastern Asia (at purchasing power parity) |
QT |
Southern Africa (at purchasing power parity) |
QU |
Southern Asia (at purchasing power parity) |
QV |
Western Africa (at purchasing power parity) |
QW |
Western Asia (at purchasing power parity) |
QX |
Western Europe (at purchasing power parity) |
QY |
European Union (at purchasing power parity) |
WO |
World (at purchasing power parity) |
XA |
Asia (excl. Middle East) (at purchasing power parity) |
XF |
Sub-Saharan Africa (at purchasing power parity) |
XL |
Latin America (at purchasing power parity) |
XM |
Middle East (at purchasing power parity) |
XN |
Middle East and Northern Africa (at purchasing power parity) |
XR |
Russia and Ukraine (at purchasing power parity) |
World Regions Codes (Market Exchange Rates)
WID code |
region name |
QB-MER |
Africa (at market exchange rate) |
QC-MER |
Americas (at market exchange rate) |
QD-MER |
Asia (at market exchange rate) |
QE-MER |
Europe (at market exchange rate) |
QF-MER |
Oceania (at market exchange rate) |
QG-MER |
Australia and New Zealand (at market exchange rate) |
QH-MER |
Caribbean (at market exchange rate) |
QI-MER |
Central America (at market exchange rate) |
QJ-MER |
Central Asia (at market exchange rate) |
QK-MER |
Eastern Africa (at market exchange rate) |
QL-MER |
Eastern Asia (at market exchange rate) |
QM-MER |
Eastern Europe (at market exchange rate) |
QN-MER |
Middle Africa (at market exchange rate) |
QO-MER |
Northern Africa (at market exchange rate) |
QP-MER |
Northern America (at market exchange rate) |
QQ-MER |
Oceania (excl. Australia and New Zealand) (at market exchange rate) |
QR-MER |
South America (at market exchange rate) |
QS-MER |
South-Eastern Asia (at market exchange rate) |
QT-MER |
Southern Africa (at market exchange rate) |
QU-MER |
Southern Asia (at market exchange rate) |
QV-MER |
Western Africa (at market exchange rate) |
QW-MER |
Western Asia (at market exchange rate) |
QX-MER |
Western Europe (at market exchange rate) |
QY-MER |
European Union (at market exchange rate) |
WO-MER |
World (at market exchange rate) |
XA-MER |
Asia (excl. Middle East) (at market exchange rate) |
XF-MER |
Sub-Saharan Africa (at market exchange rate) |
XL-MER |
Latin America (at market exchange rate) |
XM-MER |
Middle East (at market exchange rate) |
XN-MER |
Middle East and Northern Africa (at market exchange rate) |
XR-MER |
Russia and Ukraine (at market exchange rate) |
2.3. Percentile Codes
Some of the data in WID.world refers to specific parts of the distribution. That is, we rank people according to their income or wealth, group them according to their rank, and report statistics on these different groups. They are coded pXpY, where X and Y are both numbers between 0 and 100. X correspond to the percentile for the lower bound of the group, and Y to the percentile for the upper bound (hence X < Y).
WID.world defines the following groups:
- Key Groups
- They are the most widely used. They include p0p100, p0p50, p50p90, p90p99, p99p100,99p100, p99.99p100, in addition to all deciles (p0p10, p10p20, p20p30, … , p90p100). For example, p0p50 refers to the bottom 50% of the population, and p99p100 to the top 1%.
- Detailed Percentile Groups
- They are narrow groups that cover the whole distribution. They include all percentiles (p0p1, p1p2, …, p98p99, p99p100), but also tenths of a percentile in the top 1% (1, p99.1p99.2, p99.2p99.3, …, p99.8p99.9, p99.9p100), hundreds of a percentile in the top 0.1% (p99.9p99.91, p99.92p99.93, …, p99.98p99.99, p99.99p100), and thousands of a percentile in the top 0.01% (p99.99p99.991, p99.992p99.993, … , p99.998p99.999, p99.999p100). For example p99.5p100 correspond to the top 0.5% of the population.
- Detailed Top Groups
- They also cover the whole distribution but refer to the entire population above a percentile. They take the form p0p100, p1p100, p2p100, …
Some population groups can belong to several of the above categories (for example p99p100 is in all three). When that happens, the group appears only once in the data.
The population group p0p100 refers to the entire distribution and is used for aggregate series for which there is no distribution available, and for economic series with no individual meaning such as price indices and exchange rates.
For all these population groups, we provide:
- Wealth or Income Share
- These correspond to the income or wealth of the group, divided by the total for the whole population. For example, the income of the group p99p100 is the top 1% income share.
- Wealth or Income Averages
- These correspond to the average wealth or income of the people in the group. For example, the wealth average of the group p90p99 is the average income of the top 10% excluding the top 1%.
- Wealth or Income Thresholds
- they correspond to the minimum level of income or wealth that gets you into a group. For example, the income threshold of the group p90p100 is the income of the poorest individuals in the top 10%. By definition, it is equal to the income threshold of the groups p90p99 or p90p91.
- Inverted Pareto Coefficient
- For all top groups, we also provide the inverted Pareto coefficient. It is the ratio of the group average over the group threshold. They are a measure of the fatness of the tail of the distribution of income or wealth. See Thomas Blanchet, Juliette Fournier and Thomas Piketty, “Generalized Pareto Curves: Theory and Applications” (2017) for details.
Beware that people are not always ranked with respect to the quantity that the variable measures. That is true in particular for subcomponents of income or wealth. For example, a variable for “capital income” may rank individuals according to their total income (hence p99p100 would refer to the capital income of the top 1% of both labor and capital income earners), or it may rank them according to their capital income (hence p99p100 would refer to the capital income of the top 1% of capital income earners). The description of the variable specifies which ranking is used.
3. Aggregate Income Variables
The WID contains a fairly complete decomposition of national income into various subcomponents, mostly following principles of the UN SNA. These different aggregates have their specific five-letter codes, which are described below. Their cover the sequence of accounts from primary incomes (i.e. income before direct taxes and transfers) to consumption and savings.
This section presents these five-letter codes in the different decompositions of national incomes into components and subcomponents. Whenever possible, we indicate the corresponding UN SNA codes that correspond to each concept.
3.1. Net National Income, GDP, Foreign Incomes, and Consumption of Fixed Capital
3.1.2. GDP and Net National Income
We start from the relationship between national income and GDP, presented in the table. GDP is a measure of all that is produced in a country over a given year, while national measures the income that accrues to residents. These quantities differ for two reasons. First, some of the domestic production is done by companies that are owned by foreigners, and by foreign workers. Conversely, residents can own foreign companies or work abroad. These flows are recorded under foreign incomes. Second, some of the production must be used to replace the depreciating capital stock, and therefore cannot be used to either consume or accumulate wealth, so it is not “income” in the traditional sense. This flow is recorded as the “consumption of fixed capital.”
GDP and National Income
WID code |
Description |
SNA code |
SNA sector |
nninc |
(=) net national income |
B5n |
S1 |
gdpro |
(+) gross domestic product |
B1g |
S14 + S15 |
confc |
(-) consumption of fixed capital |
P51c |
S1 |
nnfin |
(+) foreign income |
(-) B5n |
S2 |
3.1.3. Decomposition of Foreign Income
Foreign incomes can be decomposed between inflows (“received”) and outflows (“paid”), or it can be directly measured net (inflows minus outflows). Then, they can be decomposed between labor incomes (i.e. wages of employees that work in a country different from their country of residence), and capital incomes (i.e. property income generated by foreign assets). They also include a (usually small) component that correspond to taxes and subsidies on production from or to other countries.
Capital incomes may be further decomposed between foreign direct investment (i.e. ownership with direct control over the operation the company) and portfolio investment (i.e. ownership without direct control). As shown in the tables below, our recording of foreign portfolio investment differs from official statistics for two reasons. First, we estimate an amount of income that goes unrecorded in official statistics because it comes from assets hidden in offshore tax havens. Second, we estimate and include retained earnings from foreign portfolio investment in foreign income flows, which unlike retained earnings from foreign direct investment is not included in net foreign incomes in the UN SNA.
Paid/Received
WID code |
Description |
SNA code |
SNA sector |
nnfin |
(=) net foreign income |
|
|
finrx |
(+) foreign income received from the rest of the world |
|
|
flcir |
(+) labor and capital income from the rest of the world |
D1 + D4 |
S2 |
comrx |
(+) labor income received from the rest of the world |
D1 |
S2 |
pinrx |
(+) capital income received from the rest of the world |
D4 |
S2 |
fdirx |
(+) foreign direct investment income |
|
|
ptfrx |
(+) portfolio and other income |
|
|
ptfor |
(+) officially recorded |
|
|
ptfrr |
(+) reinvested earnings on portfolio investment |
|
|
ptfhr |
(+) from tax havens |
|
|
fsubx |
(+) subsidies on prod. received from the rest of the world |
D3 |
S2 |
fpsub |
(+) subsidies on products |
D31 |
S2 |
fosub |
(+) other subsidies on production |
D39 |
S2 |
finpx |
(-) foreign income paid to the rest of the world |
|
|
flcip |
(+) labor and capital income paid to the rest of the world |
|
|
compx |
(+) labor income paid to the rest of the world |
D1 |
S2 |
pinpx |
(+) capital income paid to the rest of the world |
D4 |
S2 |
fdipx |
(+) foreign direct investment income |
|
|
ptfpx |
(+) portfolio and other income |
|
|
ptfop |
(+) officially recorded |
|
|
ptfrp |
(+) reinvested earnings on portfolio investment |
|
|
ftaxx |
(+) taxes on prod. paid to the rest of the world |
D2 |
S2 |
fptax |
(+) taxes on products |
D21 |
S2 |
fotax |
(+) other taxes on production |
D29 |
S2 |
Labor/Capital
WID code |
Description |
SNA code |
SNA sector |
nnfin |
(=) net foreign income |
|
|
flcin |
(+) net foreign labor and capital income |
|
|
pinnx |
(+) net foreign capital income |
D4 |
S2 |
fdinx |
(+) net foreign direct investment income |
|
|
ptfnx |
(+) net portfolio income |
|
|
ptfon |
(+) officially recorded |
|
|
ptfrn |
(+) net reinvested earnings on portfolio investment |
|
|
ptfhr |
(+) received from tax havens |
|
|
comnx |
(+) net foreign labor income |
D1 |
S2 |
taxnx |
(+) subsidies less taxes on production and imports |
D3 – D2 |
S2 |
prtxn |
(+) subsidies less taxes on products |
D31 – D21 |
S2 |
optxn |
(+) other subsidies less taxes on production |
D39 – D29 |
S2 |
3.1.4. Decomposition of National Income between Sectors
We decompose national income between the different institutional sectors. The three main sectors are: households (and non-profits), corporations, and the government. When possible, we also distinguish between households and non-profits, and between financial and non-financial corporations.
In following tables, we consider the decomposition of “primary income” and “secondary income.” Both of them sum up to national income, but primary income refers to the income that accrues to a given sector before the operation of direct taxes and transfers (but after taxes on production), and secondary income to the income after taxes and transfers. (Our concept of “secondary income” differs from the UN SNA concept of disposable income because we do not systematically include other current transfers (D7) in it.)
Primary Income Decomposition
WID code |
Description |
SNA code |
SNA sector |
nninc |
(=) net national income |
B5n |
S1 |
prigo |
(+) net primary income of the general government |
B5n |
S13 |
prihn |
(+) net primary income of households and non-profits |
B5n |
S14 + S15 |
priho |
(+) net primary income of households |
B5n |
S14 |
prinp |
(+) net primary income of non-profits |
B5n |
S15 |
prico |
(+) net primary income of corporations |
B5n |
S11 + S12 |
prinf |
(+) net primary income of non-financial corporations |
B5n |
S11 |
prifc |
(+) net primary income of financial corporations |
B5n |
S12 |
Secondary Income Decomposition
WID code |
Description |
SNA code |
SNA sector |
nninc |
(=) net national income |
B5n |
S1 |
secgo |
(+) net secondary income of the general government |
B6n + D7 |
S13 |
sechn |
(+) net secondary income of households and non-profits |
B6n + D7 |
S14 + S15 |
secho |
(+) net secondary income of households |
B6n + D7 |
S14 |
secnp |
(+) net secondary income of non-profits |
B6n + D7 |
S15 |
secco |
(+) net secondary income of corporations |
B6n + D7 |
S11 + S12 |
secnf |
(+) net secondary income of non-financial corporations |
B6n + D7 |
S11 |
secfc |
(+) net secondary income of financial corporations |
B6n + D7 |
S12 |
Several components of each sector’s income must satisfy certain identities across the entire economy. They are presented in the tables below. For example, direct taxes paid by households and corporations must correspond to the total taxes collected by the government, etc.
Decomposition of Property Income between Sectors
WID code |
Description |
SNA code |
SNA sector |
pinnx |
(=) net foreign property income |
(-) D4 |
S2 |
prphn |
(+) property income of households and NPISH |
D4 |
S14 + S15 |
prpco |
(+) property income of corporations |
D4 |
S11 + S12 |
prpgo |
(+) property income of the government |
D4 |
S13 |
Decomposition of Direct Taxes on Income and Wealth between Sectors
WID code |
Description |
SNA code |
SNA sector |
taxgo |
(=) direct taxes received by the government |
D5 |
S13 |
tiwhn |
(+) taxes on income and wealth paid by households |
D5 |
S14 + S15 |
taxco |
(+) corporate tax |
D5 |
S11 + S12 |
Decomposition of Social Security Contributions between Sectors
WID code |
Description |
SNA code |
SNA sector |
sschn |
(=) social contributions paid by households and NPISH |
D61 |
S14 + S15 |
sscgo |
(+) social contributions received by the government |
D61 |
S13 |
sscco |
(+) social contributions to private employer social insurance |
D61 |
S11 + S12 |
Decomposition of Social Security Benefits between Sectors
WID code |
Description |
SNA code |
SNA sector |
ssbhn |
(=) social benefits received by households and NPISH |
D61 |
S14 + S15 |
ssbgo |
(+) social benefits paid by the government |
D61 |
S13 |
ssbco |
(+) social benefits from private employer social insurance |
D61 |
S11 + S12 |
We define the saving of a given sector as the difference between its secondary income and its consumption. When summing the savings of the different sectors we arrive at the savings of the total economy.
Decomposition of Net Savings Between Sectors
WID code |
Description |
SNA code |
SNA sector |
savin |
(=) net savings of the total economy |
B8n + D7 |
S1 |
savhn |
(+) net savings of households and NPISH |
B8n + D7 |
S14 + S15 |
savho |
(+) net savings of households |
B8n + D7 |
S14 |
savnp |
(+) net savings of NPISH |
B8n + D7 |
S15 |
savco |
(+) net savings/secondary income of corporations |
B8n + D7 |
S11 + S12 |
secnf |
(+) net savings of non-financial corporations |
B8n + D7 |
S11 |
secfc |
(+) net savings of financial corporations |
B8n + D7 |
S12 |
savgo |
(+) net savings of the general government |
B8n + D7 |
S13 |
Decomposition of Gross Savings Between Sectors
WID code |
Description |
SNA code |
SNA sector |
savig |
(=) gross savings of the total economy |
B8g + D7 |
S1 |
saghn |
(+) gross savings of households and NPISH |
B8g + D7 |
S14 + S15 |
sagho |
(+) gross savings of households |
B8g + D7 |
S14 |
sagnp |
(+) gross savings of NPISH |
B8g + D7 |
S15 |
sagco |
(+) gross savings/secondary income of corporations |
B8g + D7 |
S11 + S12 |
segnf |
(+) gross savings of non-financial corporations |
B8g + D7 |
S11 |
segfc |
(+) gross savings of financial corporations |
B8g + D7 |
S12 |
saggo |
(+) gross savings of the general government |
B8g + D7 |
S13 |
Primary income, secondary income and saving may be gross or net depending on whether we account for the consumption of fixed capital of each sector. If we sum the consumption of fixed capital across all sectors we arrive at the consumption of fixed capital of the entire economy.
Net and Gross Variables across Sectors
WID code |
Description |
SNA code |
SNA sector |
confc |
(=) consumption of fixed capital of the total economy |
P51c |
S1 |
cfchn |
(+) CFC of households and NPISH |
P51c |
S14 + S15 |
cfcho |
(+) CFC of households |
P51c |
S14 |
cfcnp |
(+) CFC of NPISH |
P51c |
S15 |
cfcco |
(+) CFC income of corporations |
P51c |
S11 + S12 |
cfcnf |
(+) CFC of non-financial corporations |
P51c |
S11 |
cfcfc |
(+) CFC of financial corporations |
P51c |
S12 |
cfcgo |
(+) CFC of the general government |
P51c |
S13 |
|
|
|
|
savin |
(=) net savings of the total economy |
B8n + D7 |
S1 |
savig |
(+) gross savings of the total economy |
B8g + D7 |
S1 |
confc |
(-) consumption of fixed capital of the total economy |
P51c |
S1 |
3.1.5. Labor and Capital Share of National Income
We decompose net national income into four components: compensation of employees (pure labor income), pure capital income (net of depreciation), net mixed income (income of self-employed) and production taxes.
We use this decomposition to define a “labor share” and a “capital share” of income. To estimate these shares, we use factor price national income at the denominator (national income minus taxes on products and production) and we consider that mixed income is 70% labor and 30% capital. By construction, our shares of labor and capital income sums up to 100%.
Note that the 70-30 split of mixed income is provided as a convenience, but that the proper treatment of mixed income depends on the research question. Whenever possible, we provide the decomposition of national income into four components: production taxes, pure capital income, pure labor income and mixed income.
Labor of Capital Income
WID code |
Description |
SNA code |
SNA sector |
nninc |
(=) net national income |
B5n |
S1 |
comhn |
(+) compensation of employees |
D1 |
S14 + S15 |
fkpin |
(+) net capital income |
|
|
prphn |
(+) property income distributed to households and NPISH |
D4 |
S14 + S15 |
prpgo |
(+) property income distributed to the government |
D4 |
S13 |
nsrhn |
(+) net operating surplus of the households and NPISH |
B2n |
S14 + S15 |
prico |
(+) net primary income of corporations |
B5n |
S11 + S12 |
nmxho |
(+) net mixed income of households |
B3n |
S14 |
ptxgo |
(+) taxes on products and production |
D2 – D3 |
S13 |
|
|
|
|
wlabsh |
= (compensation of employees + 70% of net mixed income) /
(net national income – taxes on products and production)
|
|
|
wcapsh |
= (net capital income + 30% of net mixed income) /
(net national income – taxes on products and production)
|
|
|
3.2. Income of Households and NPISH
The UN SNA separately defines the income of households and non-profit institutions serving households (NPISH), but in practice many countries only report both sectors jointly. The WID therefore defines variables that relate to both sectors separately, and to the sectors combined.
The sequence of accounts is very similar for both sectors, so we describe it for the combined sector only. The only difference is that there is not item for “mixed income” in the accounts of NPISH.
3.2.1. Income of the Sectors Combined
3.2.1.1. Primary Incomes of Households and NPISH
The primary income is the income that accrues to households and NPISH before the operation of (direct) taxes and transfers. It is made up of the compensation of employees (which includes social security contributions), the property income (received minus paid), the operating surplus (i.e. rental income, including imputed rents) and the mixed income (income of the self-employed). In many countries, these two items are only reported jointly. Operating surplus and mixed income can be gross or net depending on whether consumption of fixed capital is accounted for.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prihn |
(=) net primary income of households and NPISH |
B5n |
S14 + S15 |
comhn |
(+) compensation of employees |
D1 |
S14 + S15 |
prphn |
(+) property income (net) |
D4 |
S14 + S15 |
nsmhn |
(+) net operating surplus and mixed income |
B2n + B3n |
S14 + S15 |
nsrhn |
(+) net operating surplus |
B2n |
S14 + S15 |
nmxhn |
(+) net mixed income |
B3n |
S14 + S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prghn |
(=) gross primary income of households and NPISH |
B5n |
S14 + S15 |
comhn |
(+) compensation of employees |
D1 |
S14 + S15 |
prphn |
(+) property income (net) |
D4 |
S14 + S15 |
gsmhn |
(+) gross operating surplus and mixed income |
B2g + B3g |
S14 + S15 |
gsrhn |
(+) gross operating surplus |
B2g |
S14 + S15 |
gmxhn |
(+) gross mixed income |
B3g |
S14 + S15 |
3.2.1.2. Secondary Incomes of Households and NPISH
Secondary income corresponds to primary income, to which we remove direct taxes (both income or wealth taxes and social contributions) and to which we add all cash transfers.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
sechn |
(=) net secondary income of households and NPISH |
B6n + D7 |
S14 + S15 |
prihn |
(+) net primary income of households and NPISH |
D1 |
S14 + S15 |
taxhn |
(-) direct taxes |
D5 + D61 |
S14 + S15 |
sschn |
(+) social contributions |
D61 |
S14 + S15 |
tiwhn |
(+) personal taxes on income and wealth |
D5 |
S14 + S15 |
ssbhn |
(+) social benefits other than social transfers in kind |
D62 |
S14 + S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
seghn |
(=) gross secondary income of households and NPISH |
B6n + D7 |
S14 + S15 |
prghn |
(+) gross primary income of households and NPISH |
D1 |
S14 + S15 |
taxhn |
(-) direct taxes |
D5 + D61 |
S14 + S15 |
sschn |
(+) social contributions |
D61 |
S14 + S15 |
tiwhn |
(+) personal taxes on income and wealth |
D5 |
S14 + S15 |
ssbhn |
(+) social benefits other than social transfers in kind |
D62 |
S14 + S15 |
3.2.1.3. Consumption and Savings of Households and NPISH
We estimate savings by removing consumption expenditures from the secondary income.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
savhn |
(=) net savings of households and NPISH |
B8n + D7 |
S14 + S15 |
sechn |
(+) net secondary income of households and NPISH |
B6n + D7 |
S14 + S15 |
conhn |
(-) private expenditures of households and NPISH |
P3 |
S14 + S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
saghn |
(=) gross savings of households and NPISH |
B8n + D7 |
S14 + S15 |
seghn |
(+) gross secondary income of households and NPISH |
B6n + D7 |
S14 + S15 |
conhn |
(-) private expenditures of households and NPISH |
P3 |
S14 + S15 |
3.2.1.4. Relation between Net and Gross Variables
The various income/saving concepts may be considered gross or net of depreciation. Note that for the household sector, we can distinguish between the consumption of fixed capital attributable to mixed income, and the consumption of fixed capital attributable to operating surplus.
WID code |
Description |
SNA code |
SNA sector |
prghn |
(=) gross primary income of households and NPISH |
B5g |
S14 + S15 |
prihn |
(+) net primary income of households and NPISH |
B5n |
S14 + S15 |
cfchn |
(+) consumption of fixed capital |
P51c |
S14 + S15 |
|
|
|
|
seghn |
(=) gross secondary income of households and NPISH |
B6g + D7 |
S14 + S15 |
sechn |
(+) net secondary income of households and NPISH |
B6n + D7 |
S14 + S15 |
cfchn |
(+) consumption of fixed capital |
P51c |
S14 + S15 |
|
|
|
|
saghn |
(=) gross savings of households and NPISH |
B8g + D7 |
S14 + S15 |
savhn |
(+) net savings income of households and NPISH |
B8n + D7 |
S14 + S15 |
cfchn |
(+) consumption of fixed capital |
P51c |
S14 + S15 |
|
|
|
|
gsmhn |
(=) gross surplus and mixed income of households and NPISH |
B2g + B3g |
S14 + S15 |
nsmhn |
(+) net surplus and mixed income of households and NPISH |
B2n + B3n |
S14 + S15 |
cfchn |
(+) consumption of fixed capital |
P51c |
S14 + S15 |
|
|
|
|
gsrhn |
(=) gross surplus of households and NPISH |
B2g |
S14 + S15 |
nsrhn |
(+) net surplus of households and NPISH |
B2n |
S14 + S15 |
ccshn |
(+) consumption of fixed capital attributable to operating surplus |
|
|
|
|
|
|
gmxhn |
(=) gross mixed income of households and NPISH |
B3g |
S14 + S15 |
nmxhn |
(+) net mixed income of households and NPISH |
B3n |
S14 + S15 |
ccmhn |
(+) consumption of fixed capital attributable to mixed income |
|
|
|
|
|
|
cfchn |
(=) consumption of fixed capital |
P51c |
S14 + S15 |
ccshn |
(+) consumption of fixed capital attributable to operating surplus |
|
|
ccmhn |
(+) consumption of fixed capital attributable to mixed income |
|
|
3.2.2. Income of Households
3.2.2.1. Primary Incomes of the Household Sector
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
priho |
(=) net primary income of households |
B5n |
S14 |
comho |
(+) compensation of employees |
D1 |
S14 |
prpho |
(+) property income (net) |
D4 |
S14 |
nsmho |
(+) net operating surplus and mixed income |
B2n + B3n |
S14 |
nsrho |
(+) net operating surplus |
B2n |
S14 |
nmxho |
(+) net mixed income |
B3n |
S14 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prgho |
(=) gross primary income of households |
B5n |
S14 |
comho |
(+) compensation of employees |
D1 |
S14 |
prpho |
(+) property income (net) |
D4 |
S14 |
gsmho |
(+) gross operating surplus and mixed income |
B2g + B3g |
S14 |
gsrho |
(+) gross operating surplus |
B2g |
S14 |
gmxho |
(+) gross mixed income |
B3g |
S14 |
3.2.2.2. Secondary Incomes of the Household Sector
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secho |
(=) net secondary income of households |
B6n + D7 |
S14 |
priho |
(+) net primary income of households |
D1 |
S14 |
taxho |
(-) direct taxes |
D5 + D61 |
S14 |
sscho |
(+) social contributions |
D61 |
S14 |
tiwho |
(+) personal taxes on income and wealth |
D5 |
S14 |
ssbho |
(+) social benefits other than social transfers in kind |
D62 |
S14 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
segho |
(=) gross secondary income of households |
B6n + D7 |
S14 |
prgho |
(+) gross primary income of households |
D1 |
S14 |
taxho |
(-) direct taxes |
D5 + D61 |
S14 |
sscho |
(+) social contributions |
D61 |
S14 |
tiwho |
(+) personal taxes on income and wealth |
D5 |
S14 |
ssbho |
(+) social benefits other than social transfers in kind |
D62 |
S14 |
3.2.2.3. Consumption and Savings of the Household Sector
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
savho |
(=) net savings of households |
B8n + D7 |
S14 |
secho |
(+) net secondary income of households |
B6n + D7 |
S14 |
conho |
(-) private expenditures of households |
P3 |
S14 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
sagho |
(=) gross savings of households |
B8n + D7 |
S14 |
segho |
(+) gross secondary income of households |
B6n + D7 |
S14 |
conho |
(-) private expenditures of households |
P3 |
S14 |
3.2.2.4. Relation between Net and Gross Variables
WID code |
Description |
SNA code |
SNA sector |
prgho |
(=) gross primary income of households |
B5g |
S14 |
priho |
(+) net primary income of households |
B5n |
S14 |
cfcho |
(+) consumption of fixed capital |
P51c |
S14 |
|
|
|
|
segho |
(=) gross secondary income of households |
B6g + D7 |
S14 |
secho |
(+) net secondary income of households |
B6n + D7 |
S14 |
cfcho |
(+) consumption of fixed capital |
P51c |
S14 |
|
|
|
|
sagho |
(=) gross savings of households |
B8g + D7 |
S14 |
savho |
(+) net savings income of households |
B8n + D7 |
S14 |
cfcho |
(+) consumption of fixed capital |
P51c |
S14 |
|
|
|
|
gsmho |
(=) gross surplus and mixed income of households |
B2g + B3g |
S14 |
nsmho |
(+) net surplus and mixed income of households |
B2n + B3n |
S14 |
cfcho |
(+) consumption of fixed capital |
P51c |
S14 |
|
|
|
|
gsrho |
(=) gross surplus of households |
B2g |
S14 |
nsrho |
(+) net surplus of households |
B2n |
S14 |
ccsho |
(+) consumption of fixed capital attributable to operating surplus |
|
|
|
|
|
|
gmxho |
(=) gross mixed income of households |
B3g |
S14 |
nmxho |
(+) net mixed income of households |
B3n |
S14 |
ccmho |
(+) consumption of fixed capital attributable to mixed income |
|
|
|
|
|
|
cfcho |
(=) consumption of fixed capital |
P51c |
S14 |
ccsho |
(+) consumption of fixed capital attributable to operating surplus |
|
|
ccmho |
(+) consumption of fixed capital attributable to mixed income |
|
|
3.2.3. Income of NPISH
3.2.3.1. Primary Incomes of NPISH
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prinp |
(=) net primary income of NPISH |
B5n |
S15 |
comnp |
(+) compensation of employees |
D1 |
S15 |
prpnp |
(+) property income (net) |
D4 |
S15 |
nsrnp |
(+) net operating surplus |
B2n |
S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prgnp |
(=) gross primary income of NPISH |
B5n |
S15 |
comnp |
(+) compensation of employees |
D1 |
S15 |
prpnp |
(+) property income (net) |
D4 |
S15 |
gsrnp |
(+) gross operating surplus and mixed income |
B2g |
S15 |
3.2.3.2. Secondary Incomes of NPISH
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secnp |
(=) net secondary income of NPISH |
B6n + D7 |
S15 |
prinp |
(+) net primary income of NPISH |
D1 |
S15 |
taxnp |
(-) direct taxes |
D5 + D61 |
S15 |
sscnp |
(+) social contributions |
D61 |
S15 |
tiwnp |
(+) personal taxes on income and wealth |
D5 |
S15 |
ssbnp |
(+) social benefits other than social transfers in kind |
D62 |
S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
segnp |
(=) gross secondary income of NPISH |
B6n + D7 |
S15 |
prgnp |
(+) gross primary income of NPISH |
D1 |
S15 |
taxnp |
(-) direct taxes |
D5 + D61 |
S15 |
sscnp |
(+) social contributions |
D61 |
S15 |
tiwnp |
(+) personal taxes on income and wealth |
D5 |
S15 |
ssbnp |
(+) social benefits other than social transfers in kind |
D62 |
S15 |
3.2.3.3. Consumption and Savings of NPISH
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
savnp |
(=) net savings of NPISH |
B8n + D7 |
S15 |
secnp |
(+) net secondary income of NPISH |
B6n + D7 |
S15 |
connp |
(-) private expenditures of NPISH |
P3 |
S15 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
sagnp |
(=) gross savings of NPISH |
B8n + D7 |
S15 |
segnp |
(+) gross secondary income of NPISH |
B6n + D7 |
S15 |
connp |
(-) private expenditures of NPISH |
P3 |
S15 |
3.2.3.4. Relation between Net and Gross Variables
WID code |
Description |
SNA code |
SNA sector |
prgnp |
(=) gross primary income of NPISH |
B5g |
S15 |
prinp |
(+) net primary income of NPISH |
B5n |
S15 |
cfcnp |
(+) consumption of fixed capital |
P51c |
S15 |
|
|
|
|
segnp |
(=) gross secondary income of NPISH |
B6g + D7 |
S15 |
secnp |
(+) net secondary income of NPISH |
B6n + D7 |
S15 |
cfcnp |
(+) consumption of fixed capital |
P51c |
S15 |
|
|
|
|
sagnp |
(=) gross savings of NPISH |
B8g + D7 |
S15 |
savnp |
(+) net savings income of NPISH |
B8n + D7 |
S15 |
cfcnp |
(+) consumption of fixed capital |
P51c |
S15 |
|
|
|
|
gsrnp |
(=) gross surplus of NPISH |
B2g |
S15 |
nsrnp |
(+) net surplus of NPISH |
B2n |
S15 |
cfcnp |
(+) consumption of fixed capital attributable to operating surplus |
|
|
3.3. Income of the Corporate Sector
The UN SNA distinguishes financial from non-financial corporations in its guidelines. This distinction is not always needed, so we also provide data for both sectors combined. The sequence of accounts is identical for both sectors, so we only provide detailed explanation for the combined sectors.
3.3.1. Income the Sectors Combined
3.3.1.1. Primary Income of Corporations
The primary income of corporations corresponds to the income they have left from their sales after paying their intermediary consumptions, the taxes of productions, their employees, their creditors, and their shareholders. It can be decomposed into their operating surplus (the product of their sales after paying their employees, intermediary consumptions and taxes on productions) and their net property income (usually negative because corporations pay money to their shareholders in other sectors).
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prico |
(=) net primary income of corporations |
B5n |
S11 + S12 |
prpco |
(+) property income (net) |
D4 |
S11 + S12 |
nsrco |
(+) net operating surplus |
B2n |
S11 + S12 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prgco |
(=) gross primary income of corporations |
B5g |
S11 + S12 |
prpco |
(+) property income (net) |
D4 |
S11 + S12 |
gsrco |
(+) gross operating surplus |
B2g |
S11 + S12 |
3.3.1.2. Secondary Income of Corporations
To move from the primary to the secondary income of corporations, we first remove the corporate tax. Then, we also add social contributions paid directly to private employer social insurance, and remove the social benefits they pay out to their employees.
Note that for corporations, their secondary income is equal to their net saving, because corporations have no consumption expenditure.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secco |
(=) net secondary income/net saving of corporations |
B6n + D7 |
S11 + S12 |
prico |
(+) net primary income of corporations |
B5n |
S11 + S12 |
taxco |
(-) corporate tax |
D5 |
S11 + S12 |
sscco |
(+) social contributions to private employer social insurance |
D61 |
S11 + S12 |
ssbco |
(-) social benefits from private employer social insurance |
D62 |
S11 + S12 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
segco |
(=) gross secondary income/gross saving of corporations |
B6g + D7 |
S11 + S12 |
prgco |
(+) gross primary income of corporations |
B5g |
S11 + S12 |
taxco |
(-) corporate tax |
D5 |
S11 + S12 |
sscco |
(+) social contributions to private employer social insurance |
D61 |
S11 + S12 |
ssbco |
(-) social benefits from private employer social insurance |
D62 |
S11 + S12 |
3.3.1.3. Relation between Net and Gross Variables
WID code |
Description |
SNA code |
SNA sector |
prgco |
(=) gross primary income of corporations |
B5g |
S11 + S12 |
prico |
(+) net primary income of corporations |
B5n |
S11 + S12 |
cfcco |
(+) consumption of fixed capital |
P51c |
S11 + S12 |
|
|
|
|
segco |
(=) gross secondary income/gross saving of corporations |
B6g + D7 |
S11 + S12 |
secco |
(+) net secondary income/net saving of corporations |
B6n + D7 |
S11 + S12 |
cfcco |
(+) consumption of fixed capital |
P51c |
S11 + S12 |
3.3.2. Income of Non-financial Corporations
3.3.2.1. Primary Income of Non-financial Corporations
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prinf |
(=) net primary income of non-financial corporations |
B5n |
S11 |
prpnf |
(+) property income (net) |
D4 |
S11 |
nsrnf |
(+) net operating surplus |
B2n |
S11 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prgnf |
(=) gross primary income of non-financial corporations |
B5g |
S11 |
prpnf |
(+) property income (net) |
D4 |
S11 |
gsrnf |
(+) gross operating surplus |
B2g |
S11 |
3.3.2.2. Secondary Income of Non-financial Corporations
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secnf |
(=) net secondary income/net saving of non-financial corporations |
B6n + D7 |
S11 |
prinf |
(+) net primary income of non-financial corporations |
B5n |
S11 |
taxnf |
(-) corporate tax |
D5 |
S11 |
sscnf |
(+) social contributions to private employer social insurance |
D61 |
S11 |
ssbnf |
(-) social benefits from private employer social insurance |
D62 |
S11 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
segnf |
(=) gross secondary income/gross saving of non-financial corporations |
B6g + D7 |
S11 |
prgnf |
(+) gross primary income of non-financial corporations |
B5g |
S11 |
taxnf |
(-) corporate tax |
D5 |
S11 |
sscnf |
(+) social contributions to private employer social insurance |
D61 |
S11 |
ssbnf |
(-) social benefits from private employer social insurance |
D62 |
S11 |
3.3.2.3. Relation between Net and Gross Variables
WID code |
Description |
SNA code |
SNA sector |
prgnf |
(=) gross primary income of non-financial corporations |
B5g |
S11 |
prinf |
(+) net primary income of non-financial corporations |
B5n |
S11 |
cfcnf |
(+) consumption of fixed capital |
P51c |
S11 |
|
|
|
|
segnf |
(=) gross secondary income/gross saving of non-financial corporations |
B6g + D7 |
S11 |
secnf |
(+) net secondary income/net saving of non-financial corporations |
B6n + D7 |
S11 |
cfcnf |
(+) consumption of fixed capital |
P51c |
S11 |
3.3.3. Income of Financial Corporations
3.3.3.1. Primary Income of Financial Corporations
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prifc |
(=) net primary income of financial corporations |
B5n |
S12 |
prpfc |
(+) property income (net) |
D4 |
S12 |
nsrfc |
(+) net operating surplus |
B2n |
S12 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prgfc |
(=) gross primary income of financial corporations |
B5g |
S12 |
prpfc |
(+) property income (net) |
D4 |
S12 |
gsrfc |
(+) gross operating surplus |
B2g |
S12 |
3.3.3.2. Secondary Income of Financial Corporations
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secfc |
(=) net secondary income/net saving of financial corporations |
B6n + D7 |
S12 |
prifc |
(+) net primary income of financial corporations |
B5n |
S12 |
taxfc |
(-) corporate tax |
D5 |
S12 |
sscfc |
(+) social contributions to private employer social insurance |
D61 |
S12 |
ssbfc |
(-) social benefits from private employer social insurance |
D62 |
S12 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
segfc |
(=) gross secondary income/gross saving of financial corporations |
B6g + D7 |
S12 |
prgfc |
(+) gross primary income of financial corporations |
B5g |
S12 |
taxfc |
(-) corporate tax |
D5 |
S12 |
sscfc |
(+) social contributions to private employer social insurance |
D61 |
S12 |
ssbfc |
(-) social benefits from private employer social insurance |
D62 |
S12 |
3.3.3.3. Relation between Net and Gross Variables
WID code |
Description |
SNA code |
SNA sector |
prgfc |
(=) gross primary income of financial corporations |
B5g |
S12 |
prifc |
(+) net primary income of financial corporations |
B5n |
S12 |
cfcfc |
(+) consumption of fixed capital |
P51c |
S12 |
|
|
|
|
segfc |
(=) gross secondary income/gross saving of financial corporations |
B6g + D7 |
S12 |
secfc |
(+) net secondary income/net saving of financial corporations |
B6n + D7 |
S12 |
cfcfc |
(+) consumption of fixed capital |
P51c |
S12 |
3.4. Income of the Government Sector
3.4.1. Primary Income of the Government
The primary income of the government sector is made up of three components. The most important is taxes less subsidies on production and imports. Then we have the net property income (received minus paid) of the government, which is usually negative because it is mostly made up of interests that the government pays on its debt. The last item, “operating surplus”, is often equal to zero by convention, because the UN SNA value the production of the government at its cost, so that it has zero profit. In practice, governments have some activities that operate within market context, and this output is valued at its price like the output of other sectors, and this can lead to a small operating surplus.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prigo |
(=) net primary income of the general government |
B5n |
S13 |
ptxgo |
(+) taxes on production and imports, less subsidies |
D2 – D3 |
S13 |
tpigo |
(+) taxes on production and imports |
D2 |
S13 |
tprgo |
(+) taxes on products |
D21 |
S13 |
otpgp |
(+) other taxes on production |
D29 |
S13 |
spigo |
(-) subsidies on production and imports |
D3 |
S13 |
sprgo |
(+) subsidies on products |
D31 |
S13 |
ospgo |
(+) other subsidies on production |
D39 |
S13 |
prpgo |
(+) property income (net) |
D4 |
S13 |
nsrgo |
(+) net operating surplus and miscellaneous |
B2n |
S13 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
prggo |
(=) gross primary income of the general government |
B5n |
S13 |
ptxgo |
(+) taxes on production and imports, less subsidies |
D2 – D3 |
S13 |
tpigo |
(+) taxes on production and imports |
D2 |
S13 |
tprgo |
(+) taxes on products |
D21 |
S13 |
otpgp |
(+) other taxes on production |
D29 |
S13 |
spigo |
(-) subsidies on production and imports |
D3 |
S13 |
sprgo |
(+) subsidies on products |
D31 |
S13 |
ospgo |
(+) other subsidies on production |
D39 |
S13 |
prpgo |
(+) property income (net) |
D4 |
S13 |
gsrgo |
(+) gross operating surplus and miscellaneous |
B2n |
S13 |
3.4.2. Secondary Income of the Government
The secondary income of the government all direct taxes received by the government (income and wealth taxes, social contributions, corporate tax), and removes all social benefits in cash paid to households. Transfers in nature, however, are considered consumption expenditures and only included in consumption and savings of the government.
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
secgo |
(=) net secondary income of the general government |
B6n + D7 |
S13 |
prigo |
(+) net primary income of the general government |
B5n |
S13 |
taxgo |
(+) direct taxes |
D5 + D61 |
S13 |
tiwgo |
(+) direct taxes on income and wealth |
D5 |
S13 |
sscgo |
(+) social contributions |
D61 |
S13 |
ssbgo |
(-) social benefits other than social transfers in kind |
D62 |
S13 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
seggo |
(=) gross secondary income of the general government |
B6n + D7 |
S13 |
prggo |
(+) gross primary income of the general government |
B5n |
S13 |
taxgo |
(+) direct taxes |
D5 + D61 |
S13 |
tiwgo |
(+) direct taxes on income and wealth |
D5 |
S13 |
sscgo |
(+) social contributions |
D61 |
S13 |
ssbgo |
(-) social benefits other than social transfers in kind |
D62 |
S13 |
3.4.3. Consumption and Savings of the Government
The consumption expenditures of the government (i.e. transfers in nature) are first divided between individual consumption expenditures (expenditures that benefit specific individuals, mostly health and education) and collective consumption expenditures (expenditures that benefit the community as a whole).
Net of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
savgo |
(=) net savings of the general government |
B8n + D7 |
S13 |
secgo |
(+) net secondary income of the general government |
B6n + D7 |
S13 |
congo |
(-) final consumption expenditures |
P3 |
S13 |
indgo |
(+) individual consumption expenditures |
P31 |
S13 |
colgo |
(+) collective consumption expenditure |
P32 |
S13 |
Gross of Consumption of Fixed Capital
WID code |
Description |
SNA code |
SNA sector |
saggo |
(=) gross savings of the general government |
B8n + D7 |
S13 |
seggo |
(+) gross secondary income of the general government |
B6n + D7 |
S13 |
congo |
(-) final consumption expenditures |
P3 |
S13 |
indgo |
(+) individual consumption expenditures |
P31 |
S13 |
colgo |
(+) collective consumption expenditure |
P32 |
S13 |
A second, more precise decomposition of government spending separates the different functions of government expenditures.
Government Spending by Function
WID code |
Description |
SNA code |
SNA sector |
congo |
(=) final consumption expenditures |
P3 |
S13 |
gpsgo |
(+) general public services |
|
S13 |
defgo |
(+) defense |
|
S13 |
polgo |
(+) public order and safety |
|
S13 |
ecogo |
(+) economic affairs |
|
S13 |
envgo |
(+) environment protection |
|
S13 |
hougo |
(+) housing and community amenities |
|
S13 |
heago |
(+) health |
|
S13 |
recgo |
(+) recreation, culture and religion |
|
S13 |
edugo |
(+) education |
|
S13 |
sopgo |
(+) social protection |
|
S13 |
othgo |
(+) other government spending |
|
S13 |
4. Distributed Income Variables
Distributed income variables relate both to a specific income concept and to a specific part of the distribution. They can be used to retrieve the share, the average or the threshold for various percentile groups. For how to use percentile codes in the WID, please refer to the dedicated section. This section describes the five-letter codes that denote the various income concepts.
Note that every five-letter code is associated to two concepts: the income that is attributed to individuals, and the income used to rank individuals (the ranking variable). In some cases these concepts are identical, but this is not always the case. For example, we can request that individuals be ranked according to their total income (labor and capital) top define the top 1%, and then request to know the capital income of that group. This is why the tables below give both the concept and the ranking variable associated to each WID code.
4.1. “Fiscal” Income
“Fiscal” income is a legacy concept from the World Top Income Database (WTID), the precursor of the WID. While it is still included in the WID, it will be progressively superseded by DINA income concepts, which are better harmonized.
“Fiscal” income is close to the concept of taxable income, and as such its exact definition varies between countries or over time. It differs from taxable income only because of the removal of basic deductions or taxable minimums (see country-specific papers for details). Note that in most cases, fiscal income variables are only available for the top 10% of the distribution.
WID code |
description |
ranking variable |
fiinc |
(=) fiscal income |
total fiscal income |
filin |
(+) fiscal labor income |
fiwag |
(+) wage and pensions |
fimil |
(+) labor component of mixed income |
ficap |
(+) fiscal capital income |
firen |
(+) rents |
fiint |
(+) interests |
fidiv |
(+) dividends |
fikgi |
(+) capital gains |
fimik |
(+) capital component of mixed income |
|
|
|
fimix |
(=) mixed income |
total fiscal income |
fimil |
(+) labor component of mixed income |
fimik |
(+) capital component of mixed income |
4.2. DINA Income
DINA income concepts are distributed income concepts that are consistent with national accounts aggregates. The precise definitions are outlined in the DINA guidelines and country-specific papers.
4.2.1. Pretax Income
Pretax income is our benchmark distributional income concept. It includes social insurance benefits (and remove corresponding contributions), but exclude other forms of redistribution (income tax, social assistance benefits, etc.)
WID code |
description |
ranking variable |
ptinc |
(=) pretax national income |
pretax national income |
ptlin |
(+) pretax labor income |
ptkin |
(+) pretax capital income |
|
|
|
ptinc |
(=) pretax national income |
pretax national income |
pllin |
(+) pretax labor income |
pretax labor income |
pkkin |
(+) pretax capital income |
pretax capital income |
4.2.2. Post-tax Income
Post-tax income measures the distribution of income after redistribution. Our benchmark concept, post-tax national income, includes both in-kind and in-cash redistribution. Because the distribution of in-kind transfers requires a lot of assumptions, we also provide estimates for post-tax disposable income, which excludes in-kind transfers.
WID code |
description |
ranking variable |
diinc |
(=) post-tax national income |
post-tax national income |
cainc |
(=) post-tax disposable income |
post-tax disposable income |
4.2.3. Factor Income
Factor income measures income inequality before any redistribution (be it through social insurance of social assistance). We prefer to avoid this concept for international comparisons because in general the elderly population has near-zero facto income so that factor income can be very sensitive to the age structure of the population.
WID code |
description |
ranking variable |
fainc |
(=) factor national income |
factor national income |
flinc |
(=) labor factor income |
labor factor income |
5. Aggregate Wealth Variables
The WID provides complete balance sheets (financial and non-financial) for the national economy as a whole and the different sectors of the economy. A detailed description of the concepts is available in the DINA guidelines and specific papers.
5.1. National Economy
Our benchmark measures of net national wealth is market-value national wealth. That is, corporations are valued at their market values (their equity liability). An alternative definition is book-value national wealth, which values corporations like the sum of their assets (minus their non-equity liability).
WID code |
description |
nweal |
(=) net market-value national wealth |
nwnfa |
(+) national non-financial assets |
nwhou |
(+) national housing assets |
nwdwe |
(+) dwellings |
nwlan |
(+) land underlying dwellings |
nwbus |
(+) national business and other non-financial assets |
nwagr |
(+) agricultural land |
nwnat |
(+) natural capital |
nwodk |
(+) other domestic capital |
nwnxa |
(+) net foreign assets |
nwgxa |
(+) gross foreign assets |
nwgxd |
(-) gross foreign liabilities |
nwoff |
(+) offshore assets |
|
|
nwboo |
(=) book-value national wealth |
nweal |
(+) net national wealth |
cwres |
(+) residual corporate wealth |
5.2. Households and NPISH
The SNA distinguishes households from non-profit institutions serving households, but in some cases the two sectors are only reported jointly. The WID contains variables for each of these two sectors, separately and jointly. The general structure of the balance sheet is identical in all cases.
5.2.1. Combined Sector
WID code |
description |
pweal |
(=) net wealth |
pwnfa |
(+) national non-financial assets |
pwhou |
(+) national housing assets |
pwdwe |
(+) dwellings |
pwlan |
(+) land underlying dwellings |
pwbus |
(+) national business and other non-financial assets |
pwagr |
(+) agricultural land |
pwnat |
(+) natural capital |
pwodk |
(+) other domestic capital |
pwfin |
(+) financial assets |
pwfiw |
(+) currency, deposits, bonds and loans |
pwcud |
(+) currency and deposits |
pwbol |
(+) bonds and loans |
pwequ |
(+) equities, fund shares and offshore wealth |
pweqi |
(+) equities |
pwoff |
(+) offshore wealth |
pwpen |
(+) pension funds and life insurance |
pwdeb |
(-) liabilities |
|
|
pwfie |
(=) financial assets except currency and deposits |
pwfin |
(+) financial assets |
pwcud |
(-) currency and deposits |
5.2.1. Household Sector
WID code |
description |
hweal |
(=) net wealth |
hwnfa |
(+) national non-financial assets |
hwhou |
(+) national housing assets |
hwdwe |
(+) dwellings |
hwlan |
(+) land underlying dwellings |
hwbus |
(+) national business and other non-financial assets |
hwagr |
(+) agricultural land |
hwnat |
(+) natural capital |
hwodk |
(+) other domestic capital |
hwfin |
(+) financial assets |
hwfiw |
(+) currency, deposits, bonds and loans |
hwcud |
(+) currency and deposits |
hwbol |
(+) bonds and loans |
hwequ |
(+) equities, fund shares and offshore wealth |
hweqi |
(+) equities |
hwoff |
(+) offshore wealth |
hwpen |
(+) pension funds and life insurance |
hwdeb |
(-) liabilities |
|
|
hwfie |
(=) financial assets except currency and deposits |
hwfin |
(+) financial assets |
hwcud |
(-) currency and deposits |
5.2.2. NPISH
WID code |
description |
iweal |
(=) net wealth |
iwnfa |
(+) national non-financial assets |
iwhou |
(+) national housing assets |
iwdwe |
(+) dwellings |
iwlan |
(+) land underlying dwellings |
iwbus |
(+) national business and other non-financial assets |
iwagr |
(+) agricultural land |
iwnat |
(+) natural capital |
iwodk |
(+) other domestic capital |
iwfin |
(+) financial assets |
iwfiw |
(+) currency, deposits, bonds and loans |
iwcud |
(+) currency and deposits |
iwbol |
(+) bonds and loans |
iwequ |
(+) equities, fund shares and offshore wealth |
iweqi |
(+) equities |
iwoff |
(+) offshore wealth |
iwpen |
(+) pension funds and life insurance |
iwdeb |
(-) liabilities |
|
|
iwfie |
(=) financial assets except currency and deposits |
iwfin |
(+) financial assets |
iwcud |
(-) currency and deposits |
5.3. Corporate Sector
Corporate sector wealth (i.e. the sum of corporations’s assets, minus their debt) is what we call the book value of corporations. This value can be different from the market value of corporations (i.e. their equity liability): the ratio between these two quantities is Tobin’s Q.
WID code |
description |
cwboo |
(=) book value of corporations |
cwnfa |
(+) national non-financial assets |
cwhou |
(+) national housing assets |
cwdwe |
(+) dwellings |
cwlan |
(+) land underlying dwellings |
cwbus |
(+) national business and other non-financial assets |
cwagr |
(+) agricultural land |
cwnat |
(+) natural capital |
cwodk |
(+) other domestic capital |
cwfin |
(+) financial assets |
cwfiw |
(+) currency, deposits, bonds and loans |
cwcud |
(+) currency and deposits |
cwbol |
(+) bonds and loans |
cwequ |
(+) equities, fund shares and offshore wealth |
cweqi |
(+) equities |
cwoff |
(+) offshore wealth |
cwpen |
(+) pension funds and life insurance |
cwdeb |
(-) corporate debt (non-equity liability) |
|
|
cwdeq |
(=) market value of corporations (equity liability) |
cwboo |
(+) book value of corporations |
cwres |
(+) residual corporate wealth |
|
|
icwtoq |
(*) Tobin’s Q (market value of corporations/book value of corporations) |
|
|
cwfie |
(=) financial assets except currency and deposits |
cwfin |
(+) financial assets |
cwcud |
(-) currency and deposits |
5.4. General Government Sector
By default, the net wealth of the government sector is unconsolidated, like in other sectors. But we do provide consolidated government debt as an auxiliary variable.
WID code |
description |
gweal |
(=) net wealth of the general government |
gwnfa |
(+) national non-financial assets |
gwhou |
(+) national housing assets |
gwdwe |
(+) dwellings |
gwlan |
(+) land underlying dwellings |
gwbus |
(+) national business and other non-financial assets |
gwagr |
(+) agricultural land |
gwnat |
(+) natural capital |
gwodk |
(+) other domestic capital |
gwfin |
(+) financial assets |
gwfiw |
(+) currency, deposits, bonds and loans |
gwcud |
(+) currency and deposits |
gwbol |
(+) bonds and loans |
gwequ |
(+) equities, fund shares and offshore wealth |
gweqi |
(+) equities |
gwoff |
(+) offshore wealth |
gwpen |
(+) pension funds and life insurance |
gwdeb |
(-) liabilities |
|
|
gwdec |
(=) consolidated government debt |
|
|
gwfie |
(=) financial assets except currency and deposits |
gwfin |
(+) financial assets |
gwcud |
(-) currency and deposits |
6. Distributed Wealth Variables
The distributed wealth variables are identical to the aggregate wealth variables of the household sector.
WID code |
description |
hweal |
(=) net national wealth |
hwnfa |
(+) national non-financial assets |
hwhou |
(+) national housing assets |
hwdwe |
(+) dwellings |
hwlan |
(+) land underlying dwellings |
hwbus |
(+) national business and other non-financial assets |
hwagr |
(+) agricultural land |
hwnat |
(+) natural capital |
hwodk |
(+) other domestic capital |
hwfin |
(+) financial assets |
hwfiw |
(+) currency, deposits, bonds and loans |
hwcud |
(+) currency and deposits |
hwbol |
(+) bonds and loans |
hwequ |
(+) equities, fund shares and offshore wealth |
hweqi |
(+) equities |
hwoff |
(+) offshore wealth |
hwpen |
(+) pension funds and life insurance |
hwdeb |
(-) liabilities |
|
|
hwfie |
(=) financial assets except currency and deposits |
hwfin |
(+) financial assets |
hwcud |
(-) currency and deposits |
7. Price Index, Exchange Rates, Populations, etc.
7.1. Price Index
The WID uses a single price index to deflate all series: the national income deflator. It usually corresponds to the GDP deflator, although we do resort to the CPI when the deflator is not available. The price index is always anchored to the base year of the data, so that it is equal to 1 for this base year.
Full WID code |
description |
inyixx999i |
national income price index |
7.2. Exchange Rates
The WID contains two types of currency conversion factors (PPPs and market exchange rates) for three currencies (US dollars, euros and yuans). We provide long-term series for both of these indicators, but note that to convert between currencies in our benchmark approach, you only need to use the last value of each series: see Thomas Blanchet, Prices and currency conversions in WID.world, WID.world Technical Note Series n°2017/3 for details.
PPP Conversion Factors
Full WID code |
description |
xlcusp999i |
LCU per USD |
xlceup999i |
LCU per EUR |
xlcyup999i |
LCU per CNY |
Market Exchange Rates
Full WID code |
description |
xlcusx999i |
LCU per USD |
xlceux999i |
LCU per EUR |
xlcyux999i |
LCU per CNY |
7.3. Population
The WID contains several variables that relate to population sizes. They are all associated to the one-letter code “n”. Combined with the various five-letter codes for concepts, they form the six-letter codes described below. The main concept is “npopul” that refer to the total individual population within a sex and age group, but we also provide variables related to tax units or employed population in some cases where this information is useful to understand other (inequality) series.
six-letter code |
description |
npopul |
population |
npopem |
employed population |
ntaxto |
total tax population |
ntaxma |
number of tax units — married couples & single adults |
ntaxad |
number of tax units — adults |
ntaxre |
number of tax returns |
7.4. Wealth/Income Ratios and Labor/Capital Shares
The WID provides the following variables for wealth/income ratios and the capital share. They are provided for convenience, and are easy to recalculate based on macro variables. For the labor and the capital share, also see section 3.1.5.
full WID code |
description |
wlabsh999i |
labor share of factor-price national income |
wcapsh999i |
capital share of factor-price national income |
wwealn999i |
net national wealth to net national income ratio |
wwealp999i |
net private wealth to net national income ratio |
wwealh999i |
net personal wealth to net national income ratio |
wweali999i |
net non-profit wealth to net national income ratio |
wwealc999i |
net corporate wealth to net national income ratio |
wwealg999i |
net public wealth to net national income ratio |
7.5. Inequality Transparency
WID.world produces a single inequality transparency index for each country. The index ranges from 0 to 20 and seeks to place equal emphasis on wealth and income. It is constructed as follows:
- Income survey tabulations (or consumption surveys) available to researchers for at least one year over the past 10 years add 1 point.
- Income survey microdata add up to 3 points.
- Wealth survey tabulations add up to 1 point.
- Wealth survey microdata add up to 3 points.
- Income tax tabulations covering labour income add up to 1 point.
- Income tax tabulations covering capital income add up to 1 point.
- Income tax microdata covering labour income add up to 2 point.
- Income tax microdata covering capital income add up to 2 point.
- Wealth tax or estate tax tabulations add up to 2 point.
- Wealth tax or estate tax microdata add up to 4 point.
full WID code |
description |
iquali999i |
inequality transparency index |