Definition
Denoting transactions concerned with revenue, as opposed to capital, in national accounts.
Example
Example 1:
In Nigeria’s national accounts, revenue from oil exports and taxation are recorded above-the-line as they represent the government’s regular income not one-off capital transactions.
Example 2:
In Canada’s national accounts, tax revenues and government spending on public services are recorded above-the-line, separating everyday revenue transactions from capital investments like infrastructure projects.
Category