Meaning of the word "gross national income" in English
What does "gross national income" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
gross national income
US /ˌɡroʊs ˌnæʃ.ən.əl ˈɪn.kʌm/
UK /ˌɡroʊs ˌnæʃ.ən.əl ˈɪn.kʌm/
Noun
1.
the total value of goods and services produced by a country's residents, regardless of where they are located, plus income received from abroad, minus income paid to non-residents.
Example:
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The country's gross national income has increased steadily over the past decade.
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Economists often use gross national income as a key indicator of economic development.
Synonym:
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