national income
noun
: the aggregate of earnings from a nation's current production including compensation of employees, interest, rental income, and profits of business after taxes
Examples of national income in a Sentence
Recent Examples on the Web
There are three types of income tax in Italy: national income tax, regional income tax, and municipal income tax.
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Kathleen Peddicord, Forbes.com, 16 May 2025
Foreign aid makes up one-fifth of gross national income and two-fifths of the national budget, making Malawi one of the most aid-dependent nations in the world.
—Erika Page, Christian Science Monitor, 8 Apr. 2025
Defense spending is already 3.5 times more than development spending, which currently sits at 0.5% of gross national income (GNI).
—Christine Ro, Forbes, 25 Mar. 2025
Foreign aid dropped sharply after the merger, from 0.7% of Britain’s gross national income to 0.5% – a cut of about US$6 billion.
—Sarah Stroup, The Conversation, 19 Mar. 2025
See All Example Sentences for national income
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Kathleen Peddicord, Forbes.com, 16 May 2025
Foreign aid makes up one-fifth of gross national income and two-fifths of the national budget, making Malawi one of the most aid-dependent nations in the world.
—Erika Page, Christian Science Monitor, 8 Apr. 2025
Defense spending is already 3.5 times more than development spending, which currently sits at 0.5% of gross national income (GNI).
—Christine Ro, Forbes, 25 Mar. 2025
Foreign aid dropped sharply after the merger, from 0.7% of Britain’s gross national income to 0.5% – a cut of about US$6 billion.
—Sarah Stroup, The Conversation, 19 Mar. 2025
See All Example Sentences for national income
Cite this Entry
“National income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/national%20income. Accessed 22 May. 2025.
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