What does national income mean?

Definitions for national income
na·tion·al in·come

This dictionary definitions page includes all the possible meanings, example usage and translations of the word national income.

Princeton's WordNet

  1. national incomenoun

    the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)

ChatGPT

  1. national income

    National income is the total value of all goods and services produced by a country's economy over a specific period of time, usually a year. It includes income earned by individuals, businesses, and the government and can also include net income earned from abroad. It serves as a comprehensive measure of a nation's overall economic activity.

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How to pronounce national income?

How to say national income in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of national income in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of national income in Pythagorean Numerology is: 1

Examples of national income in a Sentence

  1. Milton Friedman:

    Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

  2. Michael Blythe:

    Australia is one of very few developed countries where nominal and real GDP can go in wildly different directions and it's all because of commodities, exports are driving a huge rise in national income that just doesn't show in real GDP.

  3. Ted Cruz:

    The facts are we’re facing now a divided America when it comes to the economy, it’s true that the top 1 percent are doing great under Barack Obama. Today, the top 1 percent earn a higher share of the national income than any year since 1928. The sad reality is that with big government, under the Obama administration, the rich and powerful in the Obama administration have gotten fat and happy. But working men and women across the country, we have the lowest labor force participation since 1978.


Translations for national income

From our Multilingual Translation Dictionary

  • قومی آمدنیUrdu

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"national income." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/national+income>.

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