Gross National Income

Gross National Income

Gross National Income (GNI) comprises the total value produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries.

The GNI consists of: the personal consumption expenditures, the gross private investment, the government consumption expenditures, the net income from assets abroad (net income receipts), and the gross exports of goods and services, after deducting two components: the gross imports of goods and services, and the indirect business taxes. The GNI is similar to the Gross National Product (GNP), except that in measuring the GNP one does not deduct the indirect business taxes.

For example, the profits of a US-owned company operating in the UK will count towards US GNI and UK GDP, but will not count towards UK GNI or US GDP.

ee also

*Measures of national income and output
*List of countries by GNI per capita


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • gross national income — UK US noun [U] ECONOMICS ► GNI(Cf. ↑GNI) …   Financial and business terms

  • gross national income — bendrosios nacionalinės pajamos statusas Aprobuotas sritis Finansai apibrėžtis Pajamos, gaunamos iš bendrojo vidaus produkto (BVP) atėmus pirmines nerezidentų gaunamas pajamas ir pridėjus tokias pat pajamas, gaunamas rezidentų iš kitų šalių.… …   Lithuanian dictionary (lietuvių žodynas)

  • National Income Accounting — A term used in economics to refer to the bookkeeping system that a national government uses to measure the level of the country s economic activity in a given time period. National income accounting records the level of activity in accounts such… …   Investment dictionary

  • Gross National Product — Gross Domestic Product plus the income accruing to domestic residents as a result of investments abroad less income earned in domestic markets accruing to foreigners abroad. Chicago Board of Trade glossary * * * gross national product ˌgross… …   Financial and business terms

  • Gross National Happiness — (GNH) is an attempt to define quality of life in more holistic and psychological terms than Gross National Product.The term was coined by Bhutan s King Jigme Singye Wangchuck in 1972 in response to criticism that his economy was growing poorly.… …   Wikipedia

  • gross national product — n: the total value of the goods and services produced by the residents of a nation during a specified period (as a year) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. gross national product …   Law dictionary

  • gross national product — gross national products N VAR A country s gross national product is the total value of all the goods it has produced and the services it has provided in a particular year, including its income from investments in other countries. [BUSINESS] Syn:… …   English dictionary

  • gross national product — ► NOUN ▪ the total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments …   English terms dictionary

  • gross national product — gross ,national product noun uncount the total value of all goods and services produced in a country in a year, including income received from money invested in other countries. It is often simply called GNP …   Usage of the words and phrases in modern English

  • Net national income — (NNI) is an economics term used in national income accounting. It can be defined as the net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government. It can be expressed …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”