Gross National Income
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Previously known as Gross National Product (GNP), Gross National Income comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries.
For example, if a British-owned company operating in another country sends some of their incomes (profits) back to UK, the UK’s GNI is enhanced. Similarly, the repatriation of profit from a US-owned company operating in the UK will count towards US GNI, but not affect UK GNI.
See: Measures of national income and output
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