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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India, for example, is growing its economy while reducing the emission intensity of GDP—the amount of emissions generated per dollar added to its national income—which fell by 31.5 percent between 2005 and 2020. Arunabha Ghosh, Foreign Affairs, 20 June 2023 The increase, amounting to an additional £13.4 billion ($17 billion) annually, will be funded by cutting the overseas aid budget from 0.5 percent to 0.3 percent of national income. Matt Robison, Newsweek, 25 Feb. 2025 By comparison, Norway, the top contributor by this metric, gave 1.09% of its gross national income in overseas development aid that year. Joannie Tremblay-Boire, The Conversation, 5 Feb. 2025 Foreign aid accounted for 18% of Kiribati’s national income in 2022, according to the Lowy Institute – with New Zealand among its largest donors. Helen Regan, CNN, 9 Feb. 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 25 Mar. 2025.

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