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
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Unlike the neo-Keynesian macroeconomic models that exclude money, the quantity theory of money states that national income or nominal GDP is primarily determined by the movements of broad money, not by changes in interest rates. Nino Paoli, Fortune, 21 Aug. 2025 The second statistic Rockoff considers is national income. Livia Gershon, JSTOR Daily, 15 Aug. 2025 In the World Economics Inequality rating, Panama rates a D, out of a possible A-E, with E being the worst a country can be for wealth inequality, meaning much of the national income is in the hands of the few. Alex Ledsom, Forbes.com, 12 Aug. 2025 The Washington Post reported that Moore and his team at the nonpartisan Committee to Unleash Prosperity created a new model, using data from monthly Census surveys, to predict national income figures with a 3 percent error rate. Elizabeth Crisp, The Hill, 8 Aug. 2025 See All Example Sentences for national income

Word History

First Known Use

1878, in the meaning defined above

Time Traveler
The first known use of national income was in 1878

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Cite this Entry

“National income.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/national%20income. Accessed 10 Sep. 2025.

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