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National income per capita

OECD

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Abstract

While per capita gross domestic product is the indicator most commonly used to compare national income levels, two other measures are preferred by many analysts. These are per capita Gross National Income (GNI) and Net National Income (NNI). Whereas GDP refers to the income generated by production activities on the economic territory of the country, GNI measures the income generated by the residents of a country, whether earned in the domestic territory or abroad. NNI is the aggregate value of the balances of net primary incomes summed over all sectors.

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While per capita gross domestic product is the indicator most commonly used to compare national income levels, two other measures are preferred by many analysts. These are per capita Gross National Income (GNI) and Net National Income (NNI). Whereas GDP refers to the income generated by production activities on the economic territory of the country, GNI measures the income generated by the residents of a country, whether earned in the domestic territory or abroad. NNI is the aggregate value of the balances of net primary incomes summed over all sectors.

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Available abstract

While per capita gross domestic product is the indicator most commonly used to compare national income levels, two other measures are preferred by many analysts. These are per capita Gross National Income (GNI) and Net National Income (NNI). Whereas GDP refers to the income generated by production activities on the economic territory of the country, GNI measures the income generated by the residents of a country, whether earned in the domestic territory or abroad. NNI is the aggregate value of the balances of net primary incomes summed over all sectors.

Key concepts: Gross national income, Net national income, Gross domestic product, Measures of national income and output, Per capita, Per capita income, Net income, Economics

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