national income

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Related to national income: National Income Statistics

National Income

The total income of the persons in a nation. Gross domestic product is calculated by adding together total consumer spending, total government spending, total business spending, the value of net exports and payments received from other countries. One then subtracts all payments made to other countries and indirect business taxes. While it is not as common a measure as GDP, it may be used as a measure of the health of a country's economy. See also: GNP.

national income


factor income

the total money income received by households in return for supplying FACTOR INPUTS to business over a given period of time. National income is equal to NET NATIONAL PRODUCT and consists of the total money value of goods and services produced over the given time period (GROSS NATIONAL PRODUCT) less CAPITAL CONSUMPTION.


References in periodicals archive ?
Following the bursting of the hi tech bubble and the outbreak of the intifadah in 2000, in 2001 the national income grew by only 1.
To address these deficiencies in orthodox analysis, this article introduces an alternative framework for examining how national output, spending, and the current account interact to determine the path of national income over the medium term.
The history of Indian national income estimates goes back to 1876 when Dadabhai Naoroji made the first crude estimates for the year 1867-68.
Additional categories on the site include relevant bi-weekly proprietary articles by Allen Cymrot and Robert Mann; The National Income Property Index[TM] (NIPI), which recommends specific capitalization rates and related negative/positive spread; a question and answer section; and statistical information on publicly traded real estate companies.
September 25 2011 (TUR) -- Turkish Development Minister Cevdet Yilmaz said that Turkey targeted to have more than two trillion USD of national income by 2023.
03 percent of national income, a government research institute said Monday.
NetGain, the leading independent blog providing value-added information for evaluating income property investments, is proud to introduce its new National Income Property Index (NIPI), slated to be the preeminent income property guide for increasing ROI and minimizing investment risk.
BRUSSELS, Jun 21, 2011 (TUR) -- The difference between Turkey and the EU is diminishing in terms of national income per capita.
PHILADELPHIA, July 1 /PRNewswire-FirstCall/ -- The Board of Directors of Lincoln National Income Fund, Inc.
6 trillion yen, the first decline in four years, the EPA said in an annual report on national income.

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