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National Income

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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.


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ANKARA, Oct 7, 2009 (TUR) -- The Turkish state minister for economy said on Wednesday that Turkey would catch up with its national income in 2008 only at the end of 2011.
Byline: Daily Star Staff Summary: <p>The annual survey on the gross national income (GNI) per capita conducted by the World Bank in 210 countries ranked Lebanon 94th worldwide in terms of GNI per capita at purchasing power parity (PPP) and 6th among MENA 13 countries in the Middle East and North Africa region (MENA) in 2008, as reported by Byblos bank's Lebanon This week.
Saudi Arabia's gross national income was the first in the Arab world and 23rd worldwide at $ 457.
 
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