What is another word for national income?

Pronunciation: [nˈaʃənə͡l ˈɪnkʌm] (IPA)

National income is the total sum of all income earned by a country's residents and businesses over a specific period. Other synonyms for this term include gross national income (GNI), gross domestic product (GDP), national output, and national product. These terms represent the overall economic activity of a nation and how much its residents produce and consume. Another important synonym for national income is per capita income, which refers to the average income per person calculated by dividing the total national income by the population of the country. All of these terms are used widely in economic research and policymaking to measure and evaluate a country's economic growth and stability.

Synonyms for National income:

What are the hypernyms for National income?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for National income?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for national income (as nouns)

Famous quotes with National income

  • The New Deal was going to redistribute the national income according to ideals of social and economic justice.
    Garet Garrett
  • Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income.
    Milton Friedman
  • Reports show that the combined Gross Domestic Product of forty-eight countries is less than the wealth of the three richest people in the world. Fifteen billionaires have assets greater than the total national income of Africa, south of the Sahara. Thirty-two people own more than the annual income of everyone who lives in South Asia. Eighty-four rich people have holdings greater than the GDP of China, a nation with 1.2 billion citizens.
    Ken Coates

Related words: gdp, national income per capita, national income of usa, total national income, gross national product, us national income, per capita national income

Related questions:

  • What is the national income of the usa?
  • What is the gdp of the usa?
  • What is the gross domestic product of the usa?
  • How much is the per capita?
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