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Gross national income

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The gross national income (GNI) is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents (Todaro & Smith, 2011: 44) (all figures in millions of US dollars). Comparing the GNI and GDP shows whether a nation's resources are put to capital creation or declining toward abroad.

Contents

The gross national income has gradually replaced the gross national product (GNP) in international statistics. While being conceptually identical, it is calculated differently.

Gross national income is the basis of calculation of the largest part of contributions to the budget of the European Union.

Table, GNI nominal

Nominal, Atlas method - millions of current US$ (top 15)

Table, GNI PPP

PPP - millions of international dollars (top 15)

References

Gross national income Wikipedia