gross national income

English

Noun

gross national income (usually uncountable, plural gross national incomes)

  1. (economics) A more recent designation for gross national product, the total market value of all the goods and services produced by a nation.
    Synonym: GNI
    Coordinate term: gross domestic product
    • 2004, Ahmed M. Hussen, Principles of Environmental Economics, Psychology Press, →ISBN, page 280:
      The key issue has been that a nation's income, as measured by gross national income (GNI), does not account for all the resource costs that are attributable to the production of goods and services during a given accounting period, […]

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