Term:
Social transfers in kind
Definition:
Social transfers in kind consist of individual goods and services provided as transfers in kind to individual households by government units (including social security funds) and non-profit institutions serving households (NPISHs), whether purchased on the market or produced as non- market output by government units or NPISHs.
The items included are:
(a) social security benefits, reimbursements,
(b) other social security benefits in kind,
(c) social assistance benefits in kind, and
(d) transfers of individual non-market goods or services.
Domain:
Economics & National Accounts
Source:
SNA 8.99