national income

American  

noun

1. the total net earnings from the production of goods and services in a country over a period of time, usually one year, and consisting essentially of wages, salaries, rent, profits, and interest.

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national income British  

noun

1. economics the total of all incomes accruing over a specified period to residents of a country and consisting of wages, salaries, profits, rent, and interest

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Etymology

Origin of national income

First recorded in 1875–80

Example Sentences

See Examples For:

national income

The bank's official said North Korea's gross national income also "received a boost from a sharp rise in foreign currency earnings" linked to the deployment of its troops to Russia.

From Barron's ● Sep. 8, 2026

At the beginning of 2001, corporate profits amounted to 6% of national income.

From The Wall Street Journal ● Aug. 4, 2026

Under the plans, overall defence spending will rise from 2.6% of national income in 2027 to 2.7%, or nearly £80bn, by 2030.

From BBC ● Jul. 1, 2026

This, he warned, "could come back to haunt us in defence" - because the defence budget is calculated as a percentage of national income.

From BBC ● Jun. 18, 2026

Increases in national income have been accompanied by increased outlays for social and cultural programs.

From Area Handbook for Romania by Donald W. Bernier