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
Before lawmakers ratified the 16th Amendment to the Constitution in 1913, introducing a national income tax, tariffs supplied a big share of the federal government’s revenue — more than 90% at times in the mid-1800s.
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Paul Wiseman, Los Angeles Times, 3 Apr. 2025
In many of sub-Saharan Africa’s most populous countries, foreign aid is fairly small relative to the economy: 2-4 percent of national income in Nigeria, Ethiopia, and Tanzania.
—Dylan Matthews, Vox, 28 Mar. 2025
Eligible applicants must earn double Korea’s gross national income per capita from the previous year, which was around $36,600 in 2024, and have at least a year’s work experience in their industry.
—Chloe Arrojado, AFAR Media, 24 Mar. 2025
In respect to the long-term debt cycle, Dalio has been warning that within the next three years, the U.S. needs to reduce its deficit from over 7% of national income to about 3%.
—Hersh Shefrin, Forbes, 22 Mar. 2025
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Paul Wiseman, Los Angeles Times, 3 Apr. 2025
In many of sub-Saharan Africa’s most populous countries, foreign aid is fairly small relative to the economy: 2-4 percent of national income in Nigeria, Ethiopia, and Tanzania.
—Dylan Matthews, Vox, 28 Mar. 2025
Eligible applicants must earn double Korea’s gross national income per capita from the previous year, which was around $36,600 in 2024, and have at least a year’s work experience in their industry.
—Chloe Arrojado, AFAR Media, 24 Mar. 2025
In respect to the long-term debt cycle, Dalio has been warning that within the next three years, the U.S. needs to reduce its deficit from over 7% of national income to about 3%.
—Hersh Shefrin, Forbes, 22 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 15 Apr. 2025.
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