Gross national income

Gross national income represents total primary income receivable by resident institutional units: compensation of employees, taxes on production and imports less subsidies, gross operating surplus, gross mixed income and property income. Gross national income equals GDP minus primary income payable by resident units to non-resident units plus primary income receivable by resident units from the rest of the world. National income is an income concept, which often is more significant if expressed in net terms, i.e. after deduction of the consumption of fixed capital. (ESA 1995 8.94.)

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • EU

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